Location
The position can be based in any of the following cities: Washington DC (USA), Christ Church (Barbados), Belize City (Belize), Georgetown (Guyana), Nassau (The Bahamas), Santo Domingo (Dominican Republic), Port of Spain (Trinidad & Togabo), or Kingston (Jamaica). Final location will be based on selected candidate's nationality and/or legal work permit.
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 vertical industries: Infrastructure and Energy, Financial Institutions, 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 currently searching for a dynamic professional to support the implementation of certain internal proposals to gain efficiencies in the supervision of portfolio transactions in IDB Investโs S&I Countries*, initiatives that will be expanded to the entire portfolio with the goal of maintaining a sustainable portfolio.
* S&I Countries means Barbados, Belize, Guyana, The Bahamas, Trinidad & Tobago, the Dominican Republic, Jamaica, Suriname and Haiti.
What youโll do
The Consultant will be responsible for overseeing, coordinating, developing, and implementing the Internal Portfolio Proposals which seek to improve our clientโs experience during the portfolio supervision process of their S&I transactions while helping them to comply with IDB Group sustainable goals and targets in Climate Change, including mitigation and adaptation measures. The Consultant will ensure that the tasks are completed on time, within budget, and meet the specified objectives. The role involves the review and update of the IDB Invest Operations Manual, the review of our portfolio processes and documents, and others.
You will be hired by the Portfolio Management Division (PTM) and will work directly with the Implementation Team as well as liaise with members of various IDB Invest's departments: (i) Industries and Cross-cutting Themes (ICT), (ii) Regions (RGS), (iii) Financial Solutions, Mobilization & Asset Sharing (FSM), (iv) Legal (GCL), (v) Risk Management (RSM) and (vi) Finance & Administration (FNA).
The positionโs main responsibilities involve:
- Develop a work plan for the implementation, including scope, goals, deliverables, and timelines.
- Coordinate and manage tasks of the Implementation Team, ensuring effective communication and collaboration.
- Monitor implementation progress and adjust as necessary to ensure successful completion.
- Review and update portfolio supervision tools and manuals to integrate climate risk screening and resilience measures, ensuring alignment with IDBI climate targets and coordination with CLE and RSM.
- Ensure proposals adhere to established IDB Invest and industry standards and methodologies.
- Prepare and present regular project status reports to stakeholders.
- Ensure that the tasks are completed on time and within budget.
- Facilitate meetings and coordinate presentations to drive implementation progress.
- Prepare deliverable materials, collect feedback, review and finalize materials.
- Ensure quality assurance and execution of proposals.
- Provide training and support to team members as needed.
What you'll need
- Education: An advanced degree (at least Masterโs, MBA, or equivalent) in Economics, Finance, Business Administration, Engineering, Development Studies, or another field.
- Experience: Five (5) years as project manager with relevant experience in financial institutions or implementing efficient strategies in such institutions.
- Languages: Proficiency in English and one of the other Bank official languages (Spanish, French or Portuguese) is required.
Requirements
- Citizenship:
- Washington DC: No requirements
- Barbados, Belize, Guyana, The Bahamas, Dominican Republic Trinidad & Togabo, or Jamaica: You are either a citizen of one of these countries or with residency or legal permit to work in one of these countries. Must be eligible to work in job location(s) without the need for sponsorship
- 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
- Washington DC: International consultant Full-Time, 12 months.
- You are either a citizen of Barbados, Belize, Guyana, The Bahamas, Dominican Republic Trinidad & Togabo, or Jamaica with residency or legal permit to work. Must be eligible to work in job location(s) without the need for sponsorship : National consultant Full-Time, 12 months.
What we offer
The IDB group provides benefits that respond to the different needs and moments of an employee's life. These benefits include:
Washington DC:-A competitive compensation package.
-Leaves and vacations: 2 days per month of contract + gender-neutral parental leave.
-Health Insurance: the IDB Group provides a monthly allowance for the purchase of health insurance
-Savings plan: The IDB Group cares about your future, depending on the length of the contract, you will receive a monthly savings plan allowance.
-We offer assistance with relocation and visa applications for you and your family when it applies.
-Hybrid and flexible work schedules
-Development support: We offer learning opportunities to boost your professional profile, such as seminars, 1:1 professional counseling, and much more.
-Health and well-being: Access to our Health Services Center that provides preventive care and health education for employees.
-Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, Spouse Career Program, and others.
Barbados, Belize, Guyana, The Bahamas, Dominican Republic Trinidad & Togabo, or Jamaica:
-A competitive compensation package
-Leave and vacations: 2 days per month of contract + gender-neutral parental leave.
-Health Insurance: the IDB Group provides a monthly allowance for the purchase of health insurance
-Savings plan: The IDB Group cares about your future, depending on the length of the contract, you will receive a monthly savings plan allowance.
Hybrid and flexible work schedules
-Development support: We offer learning opportunities to boost your professional profile, such as seminars, 1:1 professional counseling, and much more.
-Health and well-being: Access to our Health Services Center that provides preventive care and health education for employees.
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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