Compensation, Benefits and HR Services Division Chief
Washington D.C.
The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean. Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.
About this position
We are looking for a strong Human Resources senior leader to spearhead the Compensation, Benefits and HR Services Division, within the Human Resources Department (HRD) of the IDB.
The successful candidate will exercise leadership in developing strong relationships with the Board of Executive Directors, Senior Management, client Departments and Country Offices that operate under a matrix system. This includes developing and implementing policies and procedures to support the Bankโs business model and provide for a high performance, motivated workforce. The Compensation, Benefits, and HR Services Division Chief reports directly to the HRD Manager and is a member of the HRD Leadership Team, coordinating and collaborating closely with the other Division Chiefs to provide outstanding strategic services to the key stakeholders and business leaders. A summary of specific responsibilities includes leading a team of approximately 25 staff and 20 consultants and managing the operations under specialized firms (includes 65 contractors at the HR Shared Services Center in Costa Rica).
The Human Resources Department is responsible for the administration and development of the human capital of the IDB Group. The main functions of the department include managing the entire employee lifecycle, overseeing the implementation of the People Strategy, and implementing programs and methodologies in direct support of the IDBโs mission. HRD is also dedicated to deliver human centered experiences and strategically partnering with professionals who are passionate about improving lives in Latin America and the Caribbean. Working with us, you will be surrounded by a diverse group of people who have years of experience in all types of development fields, including transportation, health, gender and diversity, communications, and much more.
What youโll do:
Leads the design and administration of the Compensation and Benefits programs for staff and consultants at HQ in Washington DC and in the Bankโs 28 Country Offices. Develops the annual compensation, benefits, and recognition proposals made to the Boards of Executive Directors of the IDB Group, recommending annual salary increases and variable pay levels to maintain a competitive reward package aligned to the rewards framework of both institutions, ensuring financial sustainability, and including a focus on the link between performance, results, and rewards. Briefings and presentations to the Boards of Executive Directors is an integral part of the functions. Leads and oversees the design, management, evaluation, and administration of IDB Group-wide benefit programs, including global mobility benefits and the health and life insurance plans. Works with business leaders across the IDB Group, including Country Office representatives, to discuss and address compensation, benefits, performance management, and other HR issues. Works closely with the Talent Management Division and Budget Division in the annual budget call process that begins with the workforce call exercise. Provides strategic direction to support the operations of the HR Shared Services Center (HRSC) in Costa Rica to ensure alignment with compensation and benefits policy design and the Human Capital Strategy. The HR Shared Services Center operation in Costa Rica serves the staff and consultants in headquarters and all Country Offices. Close to 70 HR activities are run from the HR Shared Services Center in Costa Rica and HQ. Provides leadership to the Wellbeing and Medical Insurance Group. Ensures a client centric approach to all the products and services this team delivers. As part of the HR Shared Services operation, coordinates with the U.S. Department of State and processes all actions related to the issuance and renewal of G-IV visas for staff and their dependents and G-V visas for their household staff, as well as coordinates work permits for eligible employee dependents. Manages the global payroll and tax reimbursements administration functions for IDB Group staff and retirees. Oversees all related internal controls and systems including the required updates and enhancements to SAP. Leads and oversees the management of an integrated strategy that encompasses all institutional efforts to meet employee well-being needs, including the administration of the expenditures of a self-insured Health Insurance Program covering staff and retirees, the Health Services office on site, and employee assistance services. Handles complex individual and group cases that require special consideration. Provides thought leadership and direction to the division. Leads the annual planning, implementation, and supervision of the Divisionโs work program. Monitors the quality of outputs, achievement of goals, and annual objectives for the Division. Frames the Divisionโs goals, programs, and initiatives in the context of the institutional strategy, business model, and emerging business needs. Works in close cooperation with the other two HR Divisions of Talent Management and Employee and Leadership Development to ensure a productive and effective connection between the Rewards Strategy and the Bank's Human Capital Strategy.What you'll need
Education Requirement: Master's degree or equivalent degree in human resources management, business administration, economics, accounting, finance, organizational development, or other relevant field.
Relevant Experience Requirements: At least 15 years of relevant experience in Human Resources, leadership positions and initiating conceptual developments and delivering results. Strong technical background, including knowledge of leading-edge HR programs, systems, and practices, particularly around compensation and benefits is essential. Strong consultation skills are required to provide strategic guidance to business unit leaders. Candidates should possess a keen understanding of the work of multilateral development organizations, with comprehensive views of how HR operates as a strategic partner to the business. Further, should be an effective manager of resources, fostering a culture of efficiency, good planning, and accountability. Experience in workforce dynamics, analytics, and change management in complex organizations is important. A proven track record in building high performing teams with client service orientation is essential, plus:
Ability to bring innovative and workable concepts and ideas to meet clientโs needs, translating them into policies, processes, and systems. Results-orientation, with ability to meet organizational goals and client expectations while producing high-quality results. Established experience in managing relations at the Board level preferred. Proven superior communication and presentation skills, including the ability to effectively translate complex concepts and data and convey them to Staff, Management, and the Board. Excellent negotiation and influencing skills; demonstrated ability to exercise sound judgment and take difficult decisions. Ability to have a โbig pictureโ perspective but also able to understand the business, and design, implement, and manage complex processes from a strategic and operational perspective. Strong interpersonal skills with demonstrated ability to quickly establish and maintain trust and credibility with all stakeholders. Sound judgment and emotional intelligence. Impeccable integrity and highest ethical standards. Demonstrated cultural sensitivity and experience in working in multicultural environments. Collaborative team player who can inspire trust and passion in the IDB Groupโs mission, establish productive relationships, and treat all individuals with fairness and respect.Language Requirements: Excellent verbal and written communications skills in English. Working knowledge of Spanish and/or Portuguese is a plus.
Key Skills
Mentor and develop: Develops talent through assignments, programs, and hands-on coaching. Promote Diversity, Equity, Inclusion and Belonging: Builds diverse teams, and ensures equity, equal access, and inclusion in decision-making. Build Lean and Versatile teams: Creates teams that are nimble, cost-efficient, and can adapt quickly and expertly to new challenges and opportunities. Lead change and Transformation: Champions projects and initiatives that lead to significant change and innovation. Create Partnerships: Increases impact and scalability through strategic internal and external partnerships.Requirements
Citizenship: You are a citizen of one of our 48-member countries. We may offer assistance with relocation and visa applications for you and your eligible dependents. Consanguinity: You have no family members (up to the fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab.Type of contract and duration
What we offer
The IDB group provides benefits that respond to the different needs and moments of an employeeโs life. These benefits include:
A competitive compensation package, including an annual base salary expressed on a net- of-tax basis Leaves and vacations: 24 days of paid time off + 8 personal days + sick leave + gender- neutral parental leave Health Insurance: IDB Group provides employees and eligible dependents with a robust medical benefits program which covers medical, dental, vision, preventive care, and prescription drugs. Pension plan: defined benefit pension plan that provides financial security and support employees in planning for their future. We offer assistance with relocation and visa applications for you and your family, when it applies Hybrid and flexible work schedules Health and wellbeing: Access to our Health Services Center which provides preventive care and health education for employees. Development support: We offer tools to boost your professional profile such as mentoring, 1:1 professional counseling, training and learning opportunities, language classes, mobility options, among others. Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, Spouse Career Program, and others.Our culture
At the IDB Group we work so everyone brings their best and authentic selves to work, willing to try new approaches without fear, and where they are accountable and rewarded for their actions.
Diversity, Equity, Inclusion and Belonging (DEIB) are at the center of our organization. We celebrate all dimensions of diversity and encourage women, LGBTQ+ people, persons with disabilities, Afro-descendants, and Indigenous people to apply.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job interview process. If you are a qualified candidate with a disability, please e-mail us at diversity@iadb.org to request reasonable accommodation to complete this application.
Our Human Resources Team reviews carefully every application.
About the IDB Group
The IDB Group, composed of the Inter-American Development Bank (IDB), IDB Invest, and the IDB Lab offers flexible financing solutions to its member countries to finance economic and social development through lending and grants to public and private entities in Latin America and the Caribbean.
About IDB
The Inter-American Development Bank is devoted to improving lives. Established in 1959, the IDB is a leading source of long-term financing for economic, social and institutional development in Latin America and the Caribbean. The IDB also conducts cutting-edge research and provides policy advice, technical assistance and training to public and private sector clients throughout the region.
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https://www.facebook.com/IADB.org
https://twitter.com/the_IDB Additional Information
External Opening Date: Aug 10, 2023 External Closing Date: Sep 1, 2023 External Contact Email: hrsc@iadb.org External Contact Name: HR Service Center Job Field: Business Leader