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

The Executive Vice President (EVP), as the Chief Operating Officer of the institution and under the guidance of the Board of Executive Directors and the President of the Bank, is responsible for the operations of the Bank and provides day-to-day management oversight and direction to the Vice Presidents and other senior staff. The EVP also oversees the quality control and risk management of all Bank operations and serves as chair of management committees responsible for the Bank’s operational activities.  The office of the EVP has 10 to 12 full-time employees who bring economic, financial, operational and administrative experience from across sectors with deep global work experience in both the private and public realms. 

The EVP seeks a seasoned expert to provide specialized and strategic knowledge on the political economy and governance processes of our client countries, particularly those aspects which impact operations, lending and exposure, and relations.  S/he will also assess capacity building needs by country and sector, lead reviews of projects that are governance and institution-focused, and assess, country-by-country programming, project selection, financial management and execution bottlenecks that hinder the effective use of IDB financing for development. The Principal Operations Specialist will also be responsible for,  

What you’ll do

• Lead a regular and on-going assessment to brief the EVP and senior management on political economy changes and reforms of relevance to the IDB. Coordinate closely with relevant teams in VPC and RMG. Topic covered would include major elections, executive and legislative majorities, legislation and judicial actions, laws, regulations and decrees that could impact the overall economic performance, stability, approach to debt management, willingness to implement multilateral and IDB programs, and other factors that bind the region’s political landscape to IDB exposure, lending and functions.
• Lead or participate in designated work programs within the strategic engagements overseen by the Office of the EVP as assigned by the EVP or Chief Advisor and in coordination with relevant stakeholders. This may include:
  • Support EVP’s participation in relevant Management Committees.
  • Review projects, especially those focused on governance. Assess operational, social, and other challenges at both program and project levels.
  • Interpret operational policy and advise the EVP and the Chief Advisor on substantive matters related to the Bank’s operational work that requires the EVP's input for approval. Coordinate with the respective offices to ensure adequate input for decisions required by the EVP.
  • Other special initiatives
• Develop country specific plans to address execution issues, especially in financial management, and provide actionable recommendations for the EVP and Senior Management to implement.
• Draw lessons from past project performance to find any patterns of success, failure or concerns about sustainability and impact that can be applied to improve the programming process and project selection.
• Develop a framework to monitor the implementation of these plans and track progress in addressing the issues.

Requirements

• Citizenship: You are a citizen of one of our 48-member countries.
• 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. 

What you'll need

• Education: Masters degree prefered in political sciences, public administration, public policy, economics, or equivalente experience in the fields relevant to the responsibilities of the role.  
• Experience: At least 6 years of experience, 15 years of proven and practical experience in governance reform, public sector management, and institutional capacity building in developing countries prefered. Candidate should possess a strong understanding of the political and institutional challenges facing developing countries, especially regarding public policy and the MDB environment; and familiarity with the operations and processes of international financial institutions, including the IDB, World Bank, or other multilateral organizations.
• Candidate will have worked either in government or at an MDB in the area of policy reforms being financed through MDB
• Ideally, candidate will have worked in several countries in the LAC region with different governance structures, and at least 2 of the 4 sub-regions of the IDB.
• Languages:  Proficiency in English and Spanish, spoken and written, is required. Additional knowledge of French and Portuguese is preferable. 

Type of contract and duration

• • Type of contract: Staff.
  • Length of contract: 3 years initially, renewable upon mutual agreement.
  • Work Location: HQ.

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 which 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.  
  • We offer assistance with relocation and visa applications for you and your family, when it applies  
  • Hybrid and flexible work schedules  
  • Health and wellbeing:  Access to our Health Services Center which 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.  
  • Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, Spouse Career Program, and others.    

A candidate has been pre-identified for this position and may apply. However, this remains a competitive process and other qualified candidates are encouraged to apply and will be duly considered.

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.