We improve lives
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 strategic and qualified advanced professional to join our Resource Mobilization Division (REM). The position requires a thorough knowledge of the socio-economic development challenges in the Latin American and Caribbean region and a professional experience of one of the following topics: sovereign sustainable debt, international financial architecture, risk-sharing mechanisms.
The REM Division, under the Global Partnerships Office (GPS), plays a pivotal role in leading the IDB Groupโs efforts to expand its capacity to serve the Region, through the mobilization of partnerships that provide our region with (i) reimbursable and non-reimbursable resources for additional financing, (ii) knowledge, and (iii) innovation. The Division works on developing new and enhancing existing partnerships, in close coordination with relevant teams from our Vice Presidencies of Countries (VPC), Sectors (VPS), Finance and Administration (VPF), and Human Resources and Digital Transformation (VHR), respectively, and with IDB Invest and IDB Lab. In recent years, the Division has multiplied efforts towards the development of innovative ways to design donors contributions in order to leverage impact and scale up private capital mobilization. It aims at mobilizing resources through innovative financial instruments, including those involving balance sheet optimization, and to mobilize partnerships that support innovative finance initiatives across IDB, IDB Invest and IDB Lab.
The Global Partnerships Office (GPS) consists of the Resource Mobilization Division (REM); the Grants and Co-financing Management Unit (GCM); both located in Washington D.C., and the Representations in Asia (ASI) in Tokyo; and the Office in Europe (EUR) in Madrid.
What youโll do
The selected candidate will join GPS/REM's Division and will participate in the Divisionโs efforts in the following keys areas with a special focus on implementing IBD new Impact+ strategy.
- In coordination with our Office in Europe (EUR), our Office in Asia (ASI), and the Grants and Co-financing Management Unit (GCM), expand the IDB Groupโs strategic alliances and dialogue with our existing key stakeholders based on a systematic analysis of their context and priorities.
- Identify potential existing and new partners such as governments, companies, foundations, nongovernment organizations, as well as other key players in the development community for the design of innovative structured partnerships.
- Coordinate the structuring of innovative partnerships internally with different relevant departments (Risk and Legal Departments, Vice-Presidency of Countries, Vice-Presidency of Sectors, Vice-Presidency of Finance, IDBInvest, IDBLab).
- Provide guidance and knowledge for positioning the IDBG as the partner of choice for the development community.
- Work independently with minimal supervision to advance the preparation and execution of non-traditional partnerships agreements (credit substitution guarantees, hybrid capital, balance sheet optimization facilities etc.) pertaining to the mobilization of external resources.
What you'll need
โข Education: Masterโs degree or equivalent knowledge in any one of the following areas -Business Administration, Finance, International Development, Economics, or other related fields.
โข Experience: At least 4 years for the Specialist and 5 years of experience for the Sr Specialist, in the following fields: sovereign debt management, sustainable capital markets, structured partnerships in a multi-lateral organization environment.
โข Experience in Latin America and the Caribbean (LAC) capital markets or LAC development finance.
โข Languages: Proficiency in Spanish and English, spoken and written, is required. Additional knowledge of French and Portuguese is preferable.
Requirements
โข Citizenship: IDB - International: 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.
Type of contract and duration
โข International staff contract, 36 months initially, renewable upon mutual agreement.
โข Location: Headquarters (Washington, D.C).
What we offer
The IDB group provides benefits that respond to the different needs and moments of an employee's 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 that 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 well-being: Access to our Health Services Center that 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, we work so everyone brings their best and authentic selves to work while finding their purpose. Our people consistently strive for excellence, and we recognize and celebrate the impact of their contributions.
In our efforts to drive innovation, we intentionally include all voices, cultivate a sense of belonging and champion fairness. We welcome individuals from underrepresented groups to join us and share their unique perspectives.
We ensure that individuals with disabilities are provided reasonable accommodations to participate in the job interview process. If you require an accommodation to complete this application, please email us at accommodations@iadb.org.