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IDB Invest - Paralegal Consultant - Country Office

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Location: United States of America

We are searching for a Paralegal - 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.

About this position:

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 you’ll do:

Your main functions and responsibilities shall include the following:

• Assists with drafting and reviewing of legal documents related to the origination and portfolio management for projects of the IIC, including technical assistance grant agreements, mandate letters, powers of attorney, internal resolutions, closing documentation, amendments, waivers and other related documents.
• Assists with the development and regular updating of model documentation and maintenance of the Legal Department intranet.
• Assists with the procurement of contracting external legal services, liaises with external counsel on transaction matters, drafting retainer agreements for contracting external counsel and tracking of external counsel invoices and data.
• Supports the financial closing of projects preparing documentation, including the execution, notarization and consularization of agreements, and the organization, review and tracking of conditions precedent to disbursement.
• Manages timely provision of official documents required for IIC loans or investments.
• Coordinates the filing of physical and digital versions of legal documents and records in accordance with IIC policies and procedures.
• Conducts research on a variety of matters, including IDBG policies and procedures, Legal Department opinions, and transaction precedents.
• Reviews or prepares translations of IIC documents for external or internal use as applicable.
• Identifies and recommends process improvement opportunities in the paralegal operational area to improve quality and timing of service delivery. Other activities as agreed with the supervisor.

  What you´ll need:

  • Education: You hold a bachelor’s degree from an accredited university. You have knowledge and substantive legal experience in both Civil and Common law systems.
  • Experience: You have at least 3+ years of relevant professional legal experience preferably in transactional work.
  • Language: You are proficient (oral and written) in at least 2 official languages of IDB Invest (English, Spanish, Portuguese and French), with knowledge of Spanish preferred.

    Core And technical Competencies:

    Other: You have excellent organizational skills, including record-keeping and project planning, with a strong results orientation, and high level of attention to detail. You have proficiency in utilizing Microsoft Office suite products (e.g. Power Point, Excel and Word).

    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/or
    • Corporate finance transactions in the agribusiness, manufacturing, telecommunications and/or tourism sectors.

      Requirements:

      • 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:

        📚 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝗛𝗼𝘄 𝘁𝗼 𝗚𝗲𝘁 𝗮 𝗝𝗼𝗯 𝗶𝗻 𝘁𝗵𝗲 𝗨𝗡 𝗶𝗻 𝟮𝟬𝟮𝟯! 🌍🤝 𝗥𝗲𝗮𝗱 𝗼𝘂𝗿 𝗡𝗘𝗪 𝗥𝗲𝗰𝗿𝘂𝗶𝘁𝗺𝗲𝗻𝘁 𝗚𝘂𝗶𝗱𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗨𝗡 𝟮𝟬𝟮𝟯 𝘄𝗶𝘁𝗵 𝘁𝗲𝘀𝘁 𝘀𝗮𝗺𝗽𝗹𝗲𝘀 𝗳𝗼𝗿 𝗨𝗡𝗛𝗖𝗥, 𝗪𝗙𝗣, 𝗨𝗡𝗜𝗖𝗘𝗙, 𝗨𝗡𝗗𝗦𝗦, 𝗨𝗡𝗙𝗣𝗔, 𝗜𝗢𝗠 𝗮𝗻𝗱 𝗼𝘁𝗵𝗲𝗿𝘀! 🌐

        ⚠️ 𝐂𝐡𝐚𝐧𝐠𝐞 𝐘𝐨𝐮𝐫 𝐋𝐢𝐟𝐞 𝐍𝐨𝐰: 𝐏𝐨𝐰𝐞𝐫𝐟𝐮𝐥 𝐓𝐞𝐜𝐡𝐧𝐢𝐪𝐮𝐞𝐬 𝐡𝐨𝐰 𝐭𝐨 𝐠𝐞𝐭 𝐚 𝐣𝐨𝐛 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐍𝐚𝐭𝐢𝐨𝐧𝐬 𝐍𝐎𝐖!

        • Type of contract: Consultant Full-Time
        • Length of contract: 19 months renewable at the sole discretion of IDB Invest.
        • Work Location: Headquarters, Washington DC.
        • Responsible person: Ashley Elizabeth McKean, MANAGING DIRECTOR. LEGAL.

          What we offer

          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

          • 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.
          • Health and wellbeing: Access to our Health Services Center which provides preventive care and health education for all employees.
          • Development support: We offer learning opportunities to boost your professional profile such as seminars, 1:1 professional counseling, and much more.

            
            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.

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            https://www.linkedin.com/company/idbinvest/