IDB Invest Legal Department Counsel Consultant

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  • Added Date: Thursday, 01 June 2023
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IDB Invest Legal Department Counsel Consultant

Location:

The IDB INVEST, a member of the Inter-American Development Bank (IDB) Group, is a multilateral organization based in Washington, D.C., that is committed to the development of Latin America and the Caribbean through the private sector.

About this position:

We are searching for a Counsel โ€“ Consultant for the Corporate and Infrastructure Legal Division of the Legal Department at one of the IDB Group Country Offices, focusing on the substantive areas referenced below.

Our Legal Department advises Management, the Board of Executive Directors and the Board of Governors on all legal matters relating to IDB Invest. As part of its functions, the Legal Department provides a full range of legal support to non-sovereign guaranteed operations throughout the entire transaction cycle, including origination, portfolio management, and workouts, and the development of new products. Also, we provide legal advice on all institutional and financial matters for IDB Invest, including governance, financial management, institutional integrity and administration of human resources.

What youโ€™ll do:

Your main functions and responsibilities shall include the following, which involve different levels of expertise and complexity depending on your seniority. Participate in project teams by providing expert legal advice in the origination, eligibility, due diligence, structuring, drafting, negotiation, documentation, closing and disbursement of NSG lending, guarantee and technical cooperation activities ranging in levels of complexity. Provide legal advice on moderate to complex portfolio administration matters, including amendments and waivers of financing documentation, as well as restructurings, workouts and litigation relating to impaired assets. Coordinate cross-functionally with Investment Officers as well as Credit Risk, Environmental, Social and Governance, and Portfolio Management groups to ensure effective and efficient deal and post-deal execution. Support the drafting and regular updating of model financing documentation. Identify creative legal solutions to effectively lead NSG operations ranging in levels of complexity. Work collaboratively with attorneys from other multilateral development institutions to address a broad variety of complex legal issues. Keep abreast of trends in legal issues across deals. Promote knowledge sharing and creative products and services with relevant stakeholders across IDB Invest. Provide legal and strategic advice on the development and interpretation of IDB Invest policies, procedures and products. Support the delivery of trainings on matters relevant to NSG operations. Coordinate the selection and supervision of outside counsel services in a cost-effective manner.

What youโ€™ll need:

Education: You hold a Law degree (Juris Doctor, LL.M., or equivalent degree) from an accredited university and admission to practice law in at least one IDBG member country. You have knowledge and substantive legal experience in both Civil and Common law systems. Experience: You have at least 5+ years of relevant professional legal experience as an attorney since earning law degree. Languages: You are proficient (oral and written) in at least 2 official languages of IDB Invest (English, Spanish, Portuguese and French), with knowledge of Spanish or Portuguese preferred. Skills: In addition to the above, you should have demonstrated professional experience in complex cross-border commercial transactions in one of the following areas: Energy and infrastructure project finance, including power, transport, water and/or social infrastructure projects; and/orCorporate finance transactions in the agribusiness, manufacturing, telecommunications and/or tourism sectors.

Requirements:

Citizenship: All nationalities are welcome to apply. Consanguinity: You have no family members (up to fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab. Type of contract: Consultant full time. Length of contract: 19 months, renewable at the sole discretion of IDB Invest Location: One of the IDB Group Country Offices (with a preference for Jamaica, Panama, Colombia, Dominican Republic, Uruguay, Argentina, or Brazil) at the discretion of the IDB Invest. Responsible person: Managing Director of the Corporate and Infrastructure Legal Division.

What we offer

The IDB group provides benefits that respond to the different needs and moments of an employeeโ€™s life. These benefits include:

ยท A competitive compensation package.

๐Ÿ“š ๐——๐—ถ๐˜€๐—ฐ๐—ผ๐˜ƒ๐—ฒ๐—ฟ ๐—›๐—ผ๐˜„ ๐˜๐—ผ ๐—š๐—ฒ๐˜ ๐—ฎ ๐—๐—ผ๐—ฏ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—จ๐—ก ๐—ถ๐—ป ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฏ! ๐ŸŒ๐Ÿค ๐—ฅ๐—ฒ๐—ฎ๐—ฑ ๐—ผ๐˜‚๐—ฟ ๐—ก๐—˜๐—ช ๐—ฅ๐—ฒ๐—ฐ๐—ฟ๐˜‚๐—ถ๐˜๐—บ๐—ฒ๐—ป๐˜ ๐—š๐˜‚๐—ถ๐—ฑ๐—ฒ ๐˜๐—ผ ๐˜๐—ต๐—ฒ ๐—จ๐—ก ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฏ ๐˜„๐—ถ๐˜๐—ต ๐˜๐—ฒ๐˜€๐˜ ๐˜€๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—จ๐—ก๐—›๐—–๐—ฅ, ๐—ช๐—™๐—ฃ, ๐—จ๐—ก๐—œ๐—–๐—˜๐—™, ๐—จ๐—ก๐——๐—ฆ๐—ฆ, ๐—จ๐—ก๐—™๐—ฃ๐—”, ๐—œ๐—ข๐—  ๐—ฎ๐—ป๐—ฑ ๐—ผ๐˜๐—ต๐—ฒ๐—ฟ๐˜€! ๐ŸŒ

โš ๏ธ ๐‚๐ก๐š๐ง๐ ๐ž ๐˜๐จ๐ฎ๐ซ ๐‹๐ข๐Ÿ๐ž ๐๐จ๐ฐ: ๐๐จ๐ฐ๐ž๐ซ๐Ÿ๐ฎ๐ฅ ๐“๐ž๐œ๐ก๐ง๐ข๐ช๐ฎ๐ž๐ฌ ๐ก๐จ๐ฐ ๐ญ๐จ ๐ ๐ž๐ญ ๐š ๐ฃ๐จ๐› ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐๐š๐ญ๐ข๐จ๐ง๐ฌ ๐๐Ž๐–!

ยท A flexible way of working. You will be evaluated by deliverable.

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 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

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