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.

About this position

We manage and execute the key operational activities related to IDB Invest’s project portfolio, ensuring the seamless processing of financial transactions within the loan management system. This includes managing disbursements, billing schedules, and the timely collection of interest, principal, and associated fees. As the designated Lender of Record and Paying Agent, our team plays a critical role in coordinating with various internal departments as well as external partners, including borrowers, co-lenders, and financial institutions, to ensure compliance with all contractual obligations and financial agreements. Our responsibilities also extend to supporting the integrity of financial data, providing accurate reporting, and ensuring that all processes align with IDB Invest’s governance and risk management frameworks. By continuously optimizing workflows and systems, we enhance operational efficiency and maintain a high level of service.

We are looking for an Analyst to join our Team who is an excellent team player, detailed oriented, with strong analytical, organizational, and communication skills, and eager to learn and contribute to a top-performing team.

What you’ll do

• As part of IDB Invest’s back office, collaborate in the administration and servicing of loans, equity investments, guarantees, debt securities, and other financial products for our clients.

• Oversee the execution of disbursements, collections, and billing processes of financial products and other receivables.

• Support project origination and the registration in the loan administration system of all terms and conditions of financial products’ documentation (legal agreements or contracts, waivers, amendments).

• Monitor the execution of activities, preparation of reports, and monthly/quarterly controls such as the CECL validation, preparation of financial statements disclosures, and reconciliation of cash vs. payments received, among others.

• Participate in discussions with other business units on matters relating to loan servicing and reporting for IDB Invest transactions, and contribute to other activities such as system testing, data quality controls, capital projects and other institutional initiatives.

• Act as a point of contact for the team in Costa Rica, both for internal resources and other teams.

What you'll need

Education: Bachelor’s degree in finance, business administration, accounting, or other fields relevant to the responsibilities of the role.

Experience: You have at least 2 years of progressive experience working at the back office in a financial institution or in loan administration, disbursements, billing, and collections. You may also understand processes and products related to originating, structuring, and implementing financial market financing and guarantee facilities, including structured finance, trade finance facilities, equity and investment funds, syndication and mobilization. Previous experience in using ACBS or a loan management system is a plus.

Languages: Fluency in Spanish and English, spoken and written, is required. Additional knowledge of French and Portuguese is a plus.

Requirements

Citizenship: For a national position, you are either a citizen of Costa Rica or with residency or legal permit to work in Costa Rica. For an international position in Washington DC, no 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

International or National staff contract, 36 months initially, renewable upon mutual agreement.

What we offer

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.  

Our Human Resources Team reviews carefully every application.  

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