IDB Invest Development Effectiveness Consultant โ Level C1
Location: United States of America
IDB Invest, a member of the Inter-American Development Bank (IDB) Group, is a multilateral organization based in Washington, D.C. committed to the development of Latin America and the Caribbean through the private sector. As part of its mission, IDB Invest supports the private sector and state-owned enterprises through financing in the form of loans, equity investments, and guarantees. IDB Invest also supports and collaborates with clients through the provision of advisory and training services.
The Department of Strategy and Developmentโs (DSP) primary role is to lead IDB Invest efforts to create, implement and sustain its strategic vision and achieve development impact and additionality. DSP delivers on Development Effectiveness, Strategic Planning and Knowledge, Social Environmental and Governance, Advisory Services, and Corporate Affairs.
The Development Effectiveness Division (DVF) is responsible for the design and implementation of the IDB Investโs impact management framework. It establishes, implements, and oversees compliance with evaluation standards at each stage of a projectโs life cycle (origination, preparation, implementation, and evaluation). DVF ensures both accountability and learning for the benefit of our clients, partners, and beneficiaries in Latin America and the Caribbean. Furthermore, it defines operational recommendations and is responsible for corporate reporting and cooperation with other MDBs on development effectiveness matters. DVF manages various tools such as: ex-ante and ex-post cost-benefit analysis, the Development Effectiveness Learning Tracking and Assessment Tool (DELTA), the Annual Supervision Report (ASR), the Expanded Supervision Reports (XSR), and in-depth and impact evaluations. DVF is also responsible of providing development effectiveness services to IDB Lab.
About this position:
We are searching for Development Effectiveness Consultants to support the Development Effectiveness Division (DVF) team during the implementation of the new IDB Invest business model. Specifically, DVF has been tasked with reviewing the IDB Investโs Impact Management Framework (IMaF), which includes developing and implementing a new Strategic Selectivity Framework, a renewed DELTA Impact Rating System, a new Sustainable Portfolio Approach, and an Additionality Framework. To implement these reforms during the transition period, DVF needs to hire backfills consultants to support the staff member dedicated to transition tasks
What youโll do:
- Ensure that throughout the lifecycle of IDB Invest products and services, development effectiveness objectives are met; and that quality standards are followed to ensure the relevance, efficiency, effectiveness, and evaluability, as well as the financial sustainability and financial contribution of these products and services.
- Participate in project preparation, providing support on the project design and monitoring and evaluation plans. Support the team leaders in training teams and clients on intervention logic, indicators, data collection, and evaluation methodologies.
- Cooperate in the design and implement project/program assessments, thematic/sector reviews and studiesโ systemic, catalytic, and demonstration effects. Project/program assessments include, but are not limited to ex-post evaluations, impact evaluations, and rigorous testing of new products and services.
- Recap and include lessons learned into the design of new projects and provide technical support for the implementation of ongoing projects. Cooperate in the preparation of knowledge products focused on development effectiveness.
- Report on development effectiveness data to inform the Corporate Results Framework, Development Effectiveness Overview, pitch books and other communication products. Facilitate the cooperation with other MDBs on development effectiveness matters.
- Support in additional tasks related to the implementation of the new IDB Investโs Impact Management Framework (IMaF).
What youโll need:
LEVEL C1:
- Education: You hold a bachelorโs degree in economics, Finance, Public Administration or related field for the position.
- Experience: At least 2 years of relevant experience in economic research, project management, or monitoring and evaluation of development projects in one or more areas of interest for the IDB Invest (financial markets and banking, trade finance, transport, energy, telecommunication, agribusiness, manufacturing, tourism and other services).Experience in economic cost-benefit analysis or impact evaluation is a plus.
- Languages: Deep knowledge in English and Spanish required; knowledge of Portuguese is a plus.
Requirements:
- Consanguinity: You have no family members (up to fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB Group.
Core and Technical Competencies:
Knowledge of development economics, development effectiveness, impact measurement, monitoring and evaluation, and economic cost-benefit analysis.
- Deep understanding of the operational work of the IDB Invest, IDB Lab or similar experience in a multilateral institution/ private sector.
- Knowledge and/or experience in Latin America and the Caribbean is essential.
- Project management skills.
- Collaboration, teamwork, and inclusion: ability to work cooperatively with others, independent of background or organizational role, and ability to take a team based and inclusive approach to projects and decision making.
- Building bonds: ability to build and maintain positive relationships within and outside the IDB Group.
- Initiative and adaptability: ability to act independently and resourcefully in responding to work demands, adjust to multiple demands, shifting priorities, ambiguity, and change. Strong ability to quickly absorb and process large quantities of complex information and produce concise analyses of the issues at hand.
- Innovation and creativity: ability to develop imaginative ideas and solutions through creativity, experimentation, and critical thinking.
- Communication and influence: communicate effectively and leverages relationships and strategies to influence others.
- Client focus: understands client needs and provides services that meet their expectations for quality and performance; meets the IDB Invest expectations for ethical behavior.
- Quality and efficiency: create and/or implements standards of excellence for products and services ensuring consistency, accuracy, reliability, and efficiency. Continuously seeks new ways to make processes run smoother and faster to enhance outcomes.
Type of contract and duration:
- Type of contract and modality: Full time Consultant, CNS.
- Length of contract: 15.5
- Location: TBD One of our Country Office or Headquarters.
- Requirements: You have no family members currently working at the IDB Group.
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 a reasonable accommodation to complete this application.
Our Human Resources Team reviews carefully every application.
About IDB Invest
IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $14.1 billion in asset management and 325 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries.
Follow us:
https://www.linkedin.com/company/idbinvest/
https://www.facebook.com/IDBInvest
https://twitter.com/BIDInvest Additional Information
- External Opening Date: Aug 1, 2024
- External Closing Date: Aug 14, 2024
- External Contact Email: hrsc@iadb.org
- External Contact Name: HR Service Center
- Job Field: Technical Support
- Consanguinity: You have no family members (up to fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB Group.