IDB Invest Development Effectiveness Consultant – Level C2

IDB Invest Development Effectiveness Consultant – Level C2

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 Development’s (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 Invest’s impact management framework. It establishes, implements, and oversees compliance with evaluation standards at each stage of a project’s 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 Invest’s 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 you’ll 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 technical advice on the project design and monitoring and evaluation plans. Provide training to our teams and clients on intervention logic, indicators, data collection, and evaluation methodologies.
• Design and implement project/program assessments, thematic/sector reviews and studies’ 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.
• Facilitate the inclusion of lessons learned into the design of new projects and provide advice for the implementation of ongoing projects. Participate 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 Invest’s Impact Management Framework (IMaF).

  What you’ll need:

  • Education: You hold a master’s degree in economics, Finance, Public Administration or related field for the position.
  • Experience: At least 5 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 months