Private Mobilization Innovative Finance Officer

Job Posting Organization:
The IDB Group is a community dedicated to improving lives in Latin America and the Caribbean. Established with a mission to foster sustainable development, the organization comprises a diverse team of passionate individuals who work collaboratively in an inclusive and agile environment. The IDB Group operates across multiple countries in the region, focusing on innovative solutions to address poverty and vulnerability. The organization is committed to enhancing the quality of life for populations in need through various initiatives and partnerships.

Job Overview:
The IDB Lab is seeking a dynamic and experienced Private Mobilization Innovative Finance Officer to join its Countries, Private Mobilization and Institutional Engagement (CMI) team in Washington, D.C. This position is pivotal in scaling up mobilization volumes and enhancing partner engagement, positioning IDB Lab as a key player in mobilization for ecosystem building grants and venture assets in Latin America and the Caribbean. The role involves collaborating with IDB Lab’s business teams and the global partnerships department to develop innovative mobilization arrangements tailored to the venture capital space. The officer will be responsible for building trust-based relationships with various stakeholders, including impact investors and development finance institutions, to deepen their understanding of IDB Lab’s value proposition and co-financing opportunities.

Duties and Responsibilities:
The Private Mobilization Innovative Finance Officer will support the development and implementation of IDB Lab’s mobilization and partnership strategies. Key responsibilities include:

• Championing the conceptualization and structuring of innovative mobilization arrangements and products tailored to the venture capital and ecosystem building space.
• Piloting and testing novel mobilization schemes and adapting existing development finance tools to fit IDB Lab’s innovation and venture business model.
• Developing and maintaining strong relationships with local, regional, and global mobilization partners, including impact investors, foundations, and financial institutions.
• Designing and conducting outreach programs to enhance partners' understanding of IDB Lab’s offerings.
• Leading additional tasks as required by the Chief Officer.

Required Qualifications:
Candidates must possess a Master’s degree (or equivalent advanced degree) in finance, business administration, economics, international development, or related fields. They should have a minimum of four years of relevant professional experience, ideally five years, in structuring mobilization and partnership arrangements focused on venture debt and equity co-financing. A strong understanding of innovative mobilization arrangements, fundraising, and donor relations is essential. Experience in Latin America and the Caribbean, particularly within multilateral development banks or international financial institutions, is highly desirable. Candidates should demonstrate the ability to build and maintain relationships with various stakeholders and have proven negotiation skills.

Educational Background:
A Master’s degree or equivalent advanced degree in finance, business administration, economics, international development, or other relevant fields is required for this position. This educational background is crucial for understanding the complexities of mobilization and partnership arrangements in the context of development finance and innovation.

Experience:
The ideal candidate should have at least four years of relevant professional experience, with a preference for five years, in structuring mobilization, partnership, and co-financing arrangements. Experience in the venture capital space, particularly in innovation and entrepreneurship ecosystem building grants, is essential. Candidates should have a demonstrated ability to navigate complex organizations and balance multiple objectives in a fast-paced, impact-oriented environment.

Languages:
Proficiency in both Spanish and English, spoken and written, is mandatory for this role. Additional knowledge of Portuguese or French is considered an asset, enhancing the candidate's ability to engage with a broader range of stakeholders in the region.

Additional Notes:
This position offers an international staff contract for an initial duration of 36 months, with the possibility of renewal upon mutual agreement. The IDB Group provides a competitive compensation package, including a net-of-tax annual salary, generous leave policies, and comprehensive health insurance. Employees also benefit from a defined benefit pension plan and various professional development opportunities. The role is primarily on-site, with occasional flexibility for teleworking. The IDB Group is committed to fostering a diverse and inclusive workplace, welcoming individuals from underrepresented groups and ensuring reasonable accommodations for candidates with disabilities.