SummaryThis position is part of the U.S. International Development Finance Corporation (DFC), Office of Investment Funds. As an Investment Funds Specialist you will be responsible for leading origination, monitoring, and exiting of investments for DFC's investment fund program.
DutiesHelp
Implements the investment fund program, including origination, evaluation, diligence, negotiation, commitment, disbursement, monitoring, and realization of private equity funds.
Oversees consistent implementation and compliance, including in the areas of commercial judgment, ethics, compliance, and documentation procedures and collaborates with DFC organizations to ensure compliance, monitoring, and reporting of assigned funds and adheres to all policies and procedures.
Defines the investable landscape in DFC-eligible countries and proactively builds relationships through various business development channels with prospective fund managers.
Prepares due diligence strategies and priorities in advance, communicates objectives to the counterparty effectively, and completes due diligence on investment targets.
Provides analytical insight and judgment to the fund selection process and manages the approval process and presents to the Evaluation Committee, Investment Committee, and the Board of Directors.
Leads negotiations and prepares negotiation strategies and priorities in coordination with relevant internal and external stakeholders. Prepares term sheets, side letters, other legal documents, and associated transaction documents for prospective investments.
Develops and implements detailed restructuring and work-out strategies for under-performing funds with the goal of recovering DFC's capital including complex conflicted situations with multiple stakeholders.
Leads the conceptual development of organizational strategic goals including changes or improvements to product development, investment thesis, and program policy.
Interprets and communicates policy and procedures and oversees consistent implementation and compliance, including in the areas of fiduciary obligations, commercial judgment, ethics, compliance, and documentation procedures.
Represents the organization and communicates to all stakeholders the full suite of DFC products that could be relevant to a particular investor or counterparty.
Please Note: This is a Bargaining unit position represented by AFGE, local 1534.
RequirementsHelp
Conditions of employment- Must be a U.S. Citizen or National
- Males born after 12-31-59 must be registered for Selective Service
- Must submit resume and supporting documents (See How To Apply)
- Suitability for Federal employment, as determined by a background investigation
- May be required to successfully complete a probationary period
- Within 30 days of your start date, you will be required to file a Confidential Financial Disclosure Report (OGE Form 450)
- Must be able to obtain and maintain a Secret security clearance
- This position will require foreign travel to developing countries
QualificationsHelp
Status candidates must meet time-in-grade requirements (52 weeks at the next lower grade level). Applicants must meet all eligibility and qualification requirements no later than the closing date of this announcement.
TIME-IN-GRADE: Current career or career-conditional employees of the Federal government, or former career or career-conditional employees, who have a break in service of less than one year, are required to meet the time-in-grade restriction of one year of Federal experience at the next lower grade, with few exceptions outlined in 5 CFR 300.603(b).
You may qualify at the GS-14 level, if you fulfill the following qualification requirements: One year of specialized experience equivalent to the GS-13 grade level in the Federal service that includes:
1) Managing the full lifecycle of private equity fund investments, including origination, underwriting, executing, monitoring and closeout of private fund investments (ideally in emerging markets);
2) Negotiating private equity fund terms and/or conditions, including structuring Limited Partner/General Partner (LP/GP) vehicles and separately managed accounts; AND
3) Underwriting direct co-investments alongside private market fund managers.
Note: Education is not substitutional at this grade level.
Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.
This position is being advertised concurrently with vacancy announcement using Delegated Examining (DE) procedures. If interested, refer to that announcement to determine if you meet DE requirements and can apply to that announcement. NOTE: You must apply separately to each announcement in order to be considered under both.
This announcement may be used to fill similar positions, if additional vacancies occur.
EducationThis job does not have an education qualification requirement.
Additional informationCareer Transition Assistance Programs: These programs apply to employees who have been involuntarily separated from a Federal service position within the competitive service or Federal service employees whose positions have been deemed surplus or no longer needed. To receive selection priority for this position, you must:
1) meet CTAP or ICTAP eligibility criteria;
2) be rated well-qualified for the position with a score of 85 or above; and
3) submit the appropriate documentation to support your CTAP or ICTAP eligibility.
For more information: http://www.opm.gov/rif/employee_guides/career_transition.asp).
Veterans Employment Opportunity Act (VEOA): To be eligible for a VEOA appointment under Merit Promotion procedures, you must be a preference eligible or a Veteran separated after 3 years or more of continuous active service performed under honorable conditions.
Noncompetitive Appointment Authorities: For more information on appointment authority eligibility requirements:
- Persons with Disabilities-Schedule A
- Special Hiring Authorities for Veterans
- Special Hiring Authority for Certain Military Spouses
- Other Special Appointment Authorities
- OPM Interchange Agreement and Other Miscellaneous Authorities
Males born after 12-31-59 must be registered or exempt from Selective Service (see https://www.sss.gov/verify/).
Telework Suitability: The duties of this position is suitable for telework. The selectee may be allowed episodic or emergency telework with supervisor approval and if they meet the eligibility criterion in the 2010 Telework Act.
Stipulations of Employment: Selection may require completion of a 1-year probationary period.
Work Schedule: This position allows for a flexible work schedule.
Recruitment and relocation incentives may be authorized for this position.
Under the Fair Chance to Compete Act, the U.S. International Development Finance Corporation prohibits requesting an applicant's criminal history prior to accepting a tentative job offer (TJO). Please visit https://www.dfc.gov/who-we-are/careers/fairchanceact for more information.
Candidates should be committed to improving the efficiency of the Federal government, passionate about the ideals of our American republic, and committed to upholding the rule of law and the United States Constitution.
BenefitsHelp
A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.
Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.
