Location
The position can be based in any of the following Countries: Argentina, Brazil, Chile, Uruguay, Paraguay, Bolivia, Colombia, Ecuador, and Peru.
We improve lives
IDB Invest is the private sector arm of the IDB Group and an international financial institution committed to addressing the development needs of Latin America and the Caribbean. Our mission is to support sustainable enterprises and projects that deliver financial results while maximizing social and environmental impact in the region.
IDB Invest operates in 26 countries, structured across four geographic regions and three industry verticals: Infrastructure and Energy, Financial Intermediaries, and Corporates.
In support of a new transformative business model โOriginate to Shareโ our shareholders recently approved a $3.5 billion capitalization. This will allow IDB Invest to significantly scale up its investments, nearly doubling annual financing from approximately $8 billion to $19 billion, and unlocking greater private sector participation to drive development and climate impact across the region.
About this position
We are searching for a development effectiveness senior associate or officer working under the supervision of the Managing Director of Development Effectiveness.
Our division oversees the design and implementation of the IDB Investโs development effectiveness framework. It establishes, implements, and coordinates 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.
What youโll do
- Implement and review development effectiveness tools. Ensure compliance with the evaluation standards embedded in the development effectiveness framework.
- 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 studiesโ systemic, catalytic, and demonstration effects. Project/program assessments include, but are not limited to ex-post evaluations, impact evaluations, and thorough 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.
What you'll need
Education: You hold a masterโs degree in economics, Business Administration, Finance, Public Policy or related field for the officer position.
Experience: At least 3 years of proven relevant experience in project management or monitoring and evaluation of development projects in one or more areas of interest for the IDB Invest (financial markets and banking, transport, energy, telecommunication, agribusiness, manufacturing, tourism, and other services).
- Deep understanding of the operational work of the IDB Invest or similar experience in a multilateral institution/ private sector.
Languages: You are proficient in oral and written English and Spanish and knowledge of Portuguese if based in Brazil.
Requirements
Citizenship: You are either a citizen of the country where the position is located or with a residency or legal permit to work in these countries: Argentina, Brazil, Chile, Uruguay, Paraguay, Bolivia, Colombia, Ecuador, and Peru.
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
National staff contract, 36 months initially, renewable upon mutual agreement.
What we offer
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 supports employees in planning for their future. 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, and mobility options, among 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.
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