Inter-American Development Bank (IDB)

Resource Mobilization Lead Officer

Inter-American Development Bank (IDB)

Job Description

  Are you passionate about supporting the origination, structuring, negotiation, approval and closing of investment transactions in the Latin American region to have a positive impact in the lives of millions? If so, we may be looking for you! Background The Investment Operations Department is responsible for generating a portfolio of high quality, creditworthy, and environmentally and socially sound projects that result in significant development impact. The business cycle goes from the identification, selection, origination and execution of transactions to their monitoring. The Department follows a matrix model, with three Client Segment divisions covering Infrastructure and Energy, Financial Institutions and Corporates, and three transversal divisions: Financial Products and Services, Advisory Services and Portfolio Management. The team The Financial Products and Services Division works closely with the Client Segment divisions to provide product-structuring expertise in the following broad range of products and services: blended finance, capital markets solutions, equity and mezzanine, trade and supply Chain Finance and resource mobilization. The selected candidate will work under the direct supervision of the Head of the Resource Mobilization team. What you will do You will support the Resource Mobilization team in the design, structuring, implementation and improvement of new and existing products that will be used to mobilize investors into our transactions. Furthermore, you will work closely with other organizational divisions/teams of IDB Invest and IDB, as needed, to achieve the successful roll-out of these products within IDB Group’s overall deployment region-wide. The candidate’s main responsibilities include:
  • Lead the design, structuring, implementation and improvement of new and existing mobilization products. These products have the objective of mobilizing local and international private and public investors.

  • Work closely with the Resource Mobilization team members to identify product needs that will serve to expand our investor base.

  • Establish the roadmap for product approval and implementation, while ensuring that the project runs on time, and in accordance with firm-wide guidelines, including risk and architecture collaborating closely with Accounting, Credit, Middle and Back-offices, Legal, Portfolio, Treasury and other needed areas.

  • Prepare the documentation and lead the approval process through our New Product Committee.

  • Perform process Mapping and ensure that proper risk controls are in place for new and enhanced products. For existing products, the candidate shall also look for ways to optimize procedures and processes when deemed necessary.

  • Work with IT and other partners to automatize as much as possible all processes and ensure that proper data analytics are maintained for all Resource Mobilization products.

  • Work closely with team members on investor-specific solutions that entail the development of a new product or the enhancement of an existing one.

  • Manage limits and monitor use under our Unfunded Credit Protection Program, mainly with credit insurers

Education: You hold at least a Master’s, MBA, or equivalent in Finance, Business Administration, Engineering, International Development or other relevant field. Experience: At least six (6) years of relevant experience implementing and executing transactions across a myriad of structure finance products and services in sophisticated organizations. Experience in developing and implementing new financial products and processes is important, as well as the ability to build positive relationships with key partners across the bank. Experience in a similar role in the private sector, i.e. a bank or investment firm would be desirable. Language: You are proficient (oral and written) in English and Spanish.   Opportunity summary
  • Type of contract: Fixed-Term

  • Starting date: As soon as possible

  • Location: IDB Invest headquarters in Washington, DC

Our culture: Working with us you will be surrounded by a diverse international group of people who have years of experience in all types of development fields, including transportation, health, gender and diversity, communications and much more. About us: we are a member of the Inter-American Development Bank (IDB) Group, is a multilateral organization based in Washington, D.C., that is committed to the development of Latin America and the Caribbean through the private sector. IDB Invest offers a competitive remuneration and benefits package.   IDB Invest is committed to diversity and inclusion and to providing equal opportunities in employment. We embrace diversity on the basis of gender, age, education, national origin, ethnic origin, race, disability, sexual orientation, religion, and HIV/AIDS status. We encourage women, Afro-descendants and persons of indigenous origins to apply.   Our team in Human Resources carefully reviews all applications. Due to the current Covid-19 pandemic and its implications for our Region, the IDB Group is reviewing its hiring needs and re-prioritizing its areas of talent acquisition. We encourage candidates to continue to apply to the active postings, yet current job openings may be subject to further decisions in terms of timing of the processes, or other actions, in accordance with business needs. Final hiring decisions may also be conditioned to the candidate’s ability to timely relocate to the post of duty at the moment of starting service.   Additional Information

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