What are the responsibilities and job description for the Innovative Finance Consultant position at Inter-American Development Bank?
We improve lives
The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean. Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.
About This Position
We are looking for a motivated and qualified advanced professional to join our Resource Mobilization Division (REM). The position requires knowledge of the socio-economic development challenges in the Latin American and Caribbean region and a professional experience of one of the following topics: sovereign sustainable debt, international financial architecture, risk-sharing mechanisms.
The Team’s Mission
The REM Division, under the Global Partnerships Office (GPS), plays a pivotal role in leading the IDB Group’s efforts to expand its capacity to serve the Region, through the mobilization of partnerships that provide our region with (i) reimbursable and non-reimbursable resources for additional financing, (ii) knowledge, and (iii) innovation. The Division works on developing new and enhancing existing partnerships, in close coordination with relevant teams from our Vice Presidencies of Countries (VPC), Sectors (VPS), Finance and Administration (VPF), and Human Resources and Digital Transformation (VHR), respectively, and with IDB Invest and IDB Lab. In recent years, the Division has multiplied efforts towards the development of innovative ways to design donors contributions in order to leverage impact and scale up private capital mobilization. It aims at mobilizing resources through innovative financial instruments, including those involving balance sheet optimization, and to mobilize partnerships that support innovative finance initiatives across IDB, IDB Invest and IDB Lab.
The Global Partnerships Office (GPS) consists of the Resource Mobilization Division (REM); the Grants and Co-financing Management Unit (GCM); both located in Washington D.C., and the Representations in Asia (ASI) in Tokyo; and the Office in Europe (EUR) in Madrid.
What you’ll do
The IDB group provides benefits that respond to the different needs and moments of an employee's life. These benefits include:
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.
The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean. Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.
About This Position
We are looking for a motivated and qualified advanced professional to join our Resource Mobilization Division (REM). The position requires knowledge of the socio-economic development challenges in the Latin American and Caribbean region and a professional experience of one of the following topics: sovereign sustainable debt, international financial architecture, risk-sharing mechanisms.
The Team’s Mission
The REM Division, under the Global Partnerships Office (GPS), plays a pivotal role in leading the IDB Group’s efforts to expand its capacity to serve the Region, through the mobilization of partnerships that provide our region with (i) reimbursable and non-reimbursable resources for additional financing, (ii) knowledge, and (iii) innovation. The Division works on developing new and enhancing existing partnerships, in close coordination with relevant teams from our Vice Presidencies of Countries (VPC), Sectors (VPS), Finance and Administration (VPF), and Human Resources and Digital Transformation (VHR), respectively, and with IDB Invest and IDB Lab. In recent years, the Division has multiplied efforts towards the development of innovative ways to design donors contributions in order to leverage impact and scale up private capital mobilization. It aims at mobilizing resources through innovative financial instruments, including those involving balance sheet optimization, and to mobilize partnerships that support innovative finance initiatives across IDB, IDB Invest and IDB Lab.
The Global Partnerships Office (GPS) consists of the Resource Mobilization Division (REM); the Grants and Co-financing Management Unit (GCM); both located in Washington D.C., and the Representations in Asia (ASI) in Tokyo; and the Office in Europe (EUR) in Madrid.
What you’ll do
- Provide support to the Structured Partnerships team within the Resource Mobilization division with tasks including, but not limited to, identifying and developing strategic alliances and potential partnership opportunities for new financial instruments enabling private capital mobilization towards the financing of Sustainable Development Goals in the LAC region, in line with IDB priorities and in support of IDB Group's operational work.
- Participate in research related to the development of new financial instruments with partners, perform market research, and collect and analyze data on partnership opportunities in IDB member countries, including Asia and Europe, and possibly non-member countries to support IDB Group’s operational work.
- Contribute to the assessment and optimization of existing partnerships to improve and deepen their strategic impact across IDB Group projects and activities.
- Support GPS strategic communications efforts by contributing to a range of outputs including: (i) Publications, Op-Eds, and reports (both print and digital); (ii) Web content for GPS’s intranet and the IDB’s partnerships webpage; (iii) Materials for presentations and social media posts; (iv) Internal communications such as briefings and talking points for senior management; (v) CRM entries to maintain and update partner intelligence.
- Provide assistance in developing research analytical notes and material on global partnerships, resource mobilization, and development finance.
- Education: Bachelor´s degree (or equivalent advanced degree) in Finance, Economics, International Relations, Public Policy, or other fields relevant to the responsibilities of the role.
- Experience: At least two years of experience in finance and understanding of private capital mobilization towards the financing of SDGs, in line with IDB priorities and in support of IDB Group's operational work.
- Languages: Proficiency in English and one of the other Bank official languages (Spanish, French or Portuguese) is required.
- Citizenship: You are a citizen of one of our 48-member countries. We may offer assistance with relocation and visa applications for you and your eligible dependents.
- 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.
- International consultant Full-Time, 12 months (up to 36 months).
The IDB group provides benefits that respond to the different needs and moments of an employee's life. These benefits include:
- 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.
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.
