Operational/Sector Lead/Principal Specialist
Washington, D.C.
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 an Operational/Sectoral Lead/Principal Specialist who will provide technical and analytical support in core corporate and operational matters, especially on Bank’s business processes and lending instruments.
You will work in the Strategic Planning and Monitoring Division (SMO) which is part of the Office of Strategic Planning and Development Effectiveness (SPD). SPD is charged with providing technical guidance to develop a culture of results within the Bank, and to help the Bank innovate its core business and ensure the effectiveness and efficiency of its products and methods over time.
As part of SPD, the Strategy Planning and Monitoring Division (SMO), (i) develops the Strategy and strategic proposals for its implementation that contribute to defining the role of the IDB to serve the client's evolving needs best; (ii) leads the review and design of operational instruments; (iii) monitors Bank's performance following the priorities established in the Institutional Strategy as measured and reported on the Corporate Results Framework, Annual Development Effectiveness Overview Report, periodic Business Reviews; (iv) administers and monitors the information system that captures project performance of Sovereign Guarantee (SG) loan operations and technical cooperation’s; (v) serves as Management's liaison with the Office of Evaluation and Oversight (OVE), coordinating and ensuring Management response to OVE evaluations and tracks Board endorsed recommendations; (vi) ensures that the Bank's organization structure and business processes are aligned to the Bank's objectives. Recommends changes to enhance the consistency, efficiency, and effectiveness of Bank units, and (vii) ensures that the Bank's information system meets the needs of result-based management at different levels, providing open access to key decision makers.
The work program of SMO for the next years includes leading the development of the reform proposal for lending instruments. This will require, among others, convening internal working groups to discuss the reforms, developing a proposal for each lending instrument as needed, and leading the approval process of the reform documents through the relevant committee at the Board of Directors or Management as it may apply. In parallel, SMO will continue to support teams in correctly applying the Bank’s procedures for processing SG operations and the policies that apply to lending instruments. To this end, SMO is looking for an Operational/Sector Lead/Principal Specialist (grade 3/2) to support these activities.
What you will do:
The selected candidate will perform the following activities:
Lead the elaboration of proposals to develop and update specific lending instruments. Coordinate institution-wide working groups on lending instruments. Stay abreast of innovations in the design and use of lending instruments across Multilateral Development Banks. Spearhead the production of technical notes, self-assessments, evaluations, and other knowledge products on lending instruments. Provide advice and training to project teams on lending instruments and processes. Ensure project teams have updated information on instruments. Collaborate with the private sector to explore synergies in using instruments across the Group. Advise Senior Management on instrument deployment during programming. Deliver training to national authorities on the Bank’s instrument toolkit. Represent SMO in internal quality control meetings. Represent SPD at Policy and Evaluation Committee or Board of Executive Directors Meetings on operational policy and business process matters. Coordinate Management responses to external evaluations of lending instruments.What you will need:
· Education: Master’s or Doctorate in Economics, Public Policy, Business Administration, or other relevant fields.
· Experience: At least ten years of operational experience in the design and implementation of development projects and use of lending and financial instruments. Experience leading operational teams and working in country offices is a plus
· Languages: Proficiency English, spoken and written, is required. Additional knowledge of Spanish, French and Portuguese is a plus.
Key skills
· Mentor and develop.
· Promote Diversity, Equity, Inclusion, and Belonging
· Focus on clients.
· Communicate and influence.
· Innovate and try new things.
Requirements
· 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.
Type of contract and duration
International staff contract, 36 months initially, renewable upon mutual agreement.
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, including an annual base salary expressed on a net-of-tax basis.
· 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.