About us

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.

The Inter-American Development Bank is devoted to improving lives. Established in 1959, the IDB is a leading source of long-term financing for economic, social and institutional development in Latin America and the Caribbean. The IDB also conducts cutting-edge research and provides policy advice, technical assistance and training to public and private sector clients throughout the region.

About this position

The Office of Evaluation and Oversight (OVE) at the Inter-American Development Bank (IDB) is seeking several Research Fellows (RF) to work at IDB Headquarters in Washington, D.C. OVE is an independent evaluation office that conducts project, program, and corporate evaluations of IDB’s and IDB Invest’s activities and reports directly to these institutions’ Boards.

The Research Fellow program offers selected candidates the opportunity to contribute to OVE’s work program, learn about evaluation, and gain work experience in a multilateral development finance institution for up to three years. The program is open to citizens from IDB member countries who are under 33 years of age as of January 1, 2025 (or 38 years of age for the diversity groups defined in the Bank’s Young Professionals Diversity Program) and have a graduate degree from a recognized university or accredited institution.

What you’ll do

Research Fellows will work under the guidance of senior staff on evaluations of the IDB Group’s programs and activities. Work ranges from assembling, analyzing, and presenting core evaluative information to preparing specific analytical pieces and background papers as inputs to evaluations led by senior staff. The Office’s work plan includes country program, corporate, thematic, and project evaluations. Candidates should possess the flexibility to work on various topics according to the demands of the Office.

What you’ll need

• Education: Recently completed (within three years or less) a Master’s degree or higher in Economics, Finance, Public Policy, Social Policy, or a related field.
• Experience: Applicants must be under 33 years of age by January 1, 2025. (Or 38 years of age for the diversity groups defined in the Bank’s Young Professionals Diversity Program) and possess a minimum of two years of relevant work experience.
• Languages: Proficiency in English. Knowledge of at least one more Bank language (Spanish, Portuguese, or French) would be a plus.
• Skills: Strong analytical skills (including proficiency in using qualitative and quantitative techniques and standard statistics/econometric software packages) are required. Excellent teamwork and the ability to work in a multicultural environment are also essential. For this year’s cycle we are particularly interested in candidates with a strong quantitative research profile. We are looking for candidates with advanced knowledge of multivariate statistical analysis (e.g. econometrics) and/or data science applications (particularly discriminative and generative artificial intelligence), with corresponding knowledge of relevant software packages and programming languages.

Requirements

• Citizenship: You are a citizen of one of our 48-member countries and have no family members currently working at the IDB Group.
  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 Group. 

Type of contract and duration

•   Consultant Full-Time (CNS), 19 months (renewable up to an additional 17 months, depending on performance and business needs).

What we offer

The IDB group provides benefits that respond to the different needs and moments of an employee’s life. These benefits include:

• 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 wellbeing: Access to our Health Services Center which provides preventive care and health education for all employees.

Our culture

Our people are committed and passionate about improving lives in Latin America and the Caribbean, and they get to do what they love in a diverse, collaborative, and stimulating work environment. We are the first Latin American and Caribbean development institution awarded the EDGE certification, recognizing our firm commitment to gender equality. As an employee, you can be part of internal resource groups that connect our diverse community around shared interests.  

Because we are committed to providing equal opportunities in employment, we embrace all diversity and encourage women, the LGBTQ+ community, persons with disabilities, afro-descendants, and indigenous people to apply. 

Our team in Human Resources carefully reviews all applications.