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 three industry verticals: Infrastructure and Energy, Financial Intermediaries, and Corporates.

In support of a new transformative business model “Originate to Share” 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.

IDB Invest has reorganized its structure to implement this new business model, creating the Financial Solutions, Mobilization, and Asset Sharing (FSM) Department. This department will support the industries and regions department in structuring transactions, mobilizing assets for investors, and managing the equity business.

About this position

The FSM Department is establishing a Talent Pipeline of highly qualified investment professionals, Senior Associates and Officers to strengthen the Blended Finance Division. This talent pool will enable the division to respond rapidly to emerging business needs and support growth initiatives with pre-vetted professionals.

The Blended Finance Division strategically deploys concessional funding alongside private and commercial capital to unlock high-impact investments that face financing barriers. Working across IDB Invest, the Division deploys third-party funding into innovative blended investment structures through a range of instruments, including concessional debt, equity, guarantees, outcome-based finance, and grant-based technical assistance.  As a Senior Associate or Officer, you will bring a passion for investing for impact and expertise in financial structuring and development economics, contributing to either investment execution or fund management. 

Ideal candidates will possess robust financial and credit analysis skills in an impact investing setting (fund or development finance institutions) and should have some structuring experience across a range of instruments (debt, equity, credit enhancement, guarantees, and performance-based grants) along with demonstrated expertise in blended finance approaches and solutions.

Members of the Blended Finance Division collaborate with diverse and multidisciplinary teams across IDB Invest, working with donors and clients alike, and (i) will contribute to the origination, structuring, execution, and monitoring of blended finance investments, (ii) will support the team’s programming of technical assistance funding, and (iii) will support the engagement and management of donor funds.

What you’ll do

We seek collaborative, impact-driven professionals. Senior Associates support the responsibilities below; Officers lead more complex engagements. Senior Associates will support and contribute to these areas; Officers will be expected to lead and manage more complex assignments and engagements.

• Blended Finance Transaction Structuring & Financial Analysis
  Structure blended finance solutions, combining concessional and commercial capital in debt, equity, guarantees instruments, into fund structures and through performance incentives, while assessing credit and other financial risks. Develop investment theses, model concessional tranches, and contribute to the preparation of term sheets, internal approval materials, and client/donor presentations. Collaborate with investment teams to design and structure high-impact transactions, including those with gender, inclusion, or climate/resilience objectives.
• Impact Assessment, Climate & Financial Risk Analysis
  Analyze or support the assessment of development impacts as they relate to financial risks in a transaction to support allocation of blended capital with a transaction, and where relevant integrate material climate-related financial risks (physical and transition risks) assessments into transactions such that blended finance capital is efficiently structured to promote sustainable and resilient outcomes. Apply impact logic frameworks, KPIs and blended finance principles (e.g., additionality, market failure, replication potential) to assess development impact and justify the use of concessional capital.
• Blended Finance,Portfolio, Fund & Asset Management
  Support the monitoring of investment and fund performance, including compliance with donor requirements. Track disbursements, risk-return performance, and concessionality metrics throughout the investment lifecycle. Contribute to the improvement and use of internal tools such as concessionality calculators, pipeline dashboards, and fund management systems.
• Donor Engagement
  Assist with or lead the preparation of donor-facing materials, support fundraising efforts with philanthropic and donor partners, and contribute to the design of fund proposals and structuring approaches that align with strategic priorities.
• Knowledge, Innovation, and Thought Leadership Contributions
  Produce or support internal/external knowledge products, lessons learned, and case studies to highlight innovations in blended finance structuring and deployment. Contribute to thought leadership efforts that strengthen IDB Invest’s positioning among catalytic capital providers and development finance. 

What you'll need

• Education: You hold at least a Master’s degree, or equivalent in Finance, Business Administration, Economics, International Development or other relevant field. Certification in climate-related financial risk assessment (e.g. CFA, CFA - Climate Risk and Valuation Certificate, GARP SCR) a plus.
• Experience: Senior Associate at least 3 years directly relevant professional experience, and for an Officer at least 4, preferably 7 years of directly relevant professional experience at a financial institution, corporation, investment fund, multilateral development bank or other private sector entity is required.
• Languages: Proficiency in Spanish and English, spoken and written, is required. (Portuguese and French will be considered as a plus). 
• Desired Experience: Knowledge and experience of blended finance structuring approaches in at least one of the following is highly valued: (i) project finance, (ii) corporate finance, (iii) venture/impact funds or private equity, (iv) carbon finance, (v) or impact and/or green bond issuances.

Requirements

• Citizenship:
  • For National Staff: You are either a citizen of any of our Country Offices’ locations or a non-citizen eligible to obtain residency or authorization to work in the country in which you are to be assigned without the need for sponsorship by IDB Invest.
  • For International Staff: There are no citizenship requirements.

• Consanguinity: 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 or National 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
• 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.
• Pension plan: defined benefit pension plan that provides financial security and support employees in planning for their future.
• Hybrid and flexible work schedules.
• Health and well-being: Access to our Health Services Center that provides preventive care and health education for employees.
• Development support: We offer tools to boost your professional profile, such as mentoring, 1:1 professional counseling, training and learning opportunities, language classes, mobility options, among others.

Our culture

At the IDB Group, 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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