Chief of Operations (COO)

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 and economic growth, the organization comprises a diverse workforce that collaborates in an inclusive and agile environment. The IDB Group operates across multiple countries in the region, focusing on various sectors to enhance the quality of life for individuals and communities. The organization values diversity and aims to create a workplace where everyone can thrive and contribute meaningfully to its mission.

Job Overview:
As the Chief of Operations (COO), you will play a pivotal role in advancing the operational dialogue with country counterparts and contributing to the origination, programming, and monitoring efforts that align with the IDB's priorities and the specific needs of the countries served. Reporting directly to the Country Representative, you will lead the monitoring and effectiveness of the project investment portfolio, ensuring that project execution meets the defined targets in the Country Office’s business plan and strategy. Your leadership will be crucial in supervising the operations team and coordinating with Sector and Fiduciary Specialists to ensure the successful supervision of the portfolio. This position requires a strong understanding of the Bank’s mission and policies, as well as the ability to engage with various stakeholders to foster partnerships and drive results.

Duties and Responsibilities:
Your responsibilities will include participating in the formulation, implementation, and monitoring of the Bank’s Country Strategy, advising on strategic and programming dialogue with country authorities, and leading portfolio reviews with borrowers and executing agencies. You will oversee the performance and effectiveness of the operational program, ensuring alignment with the Bank’s results framework. Additionally, you will supervise technical and operational teams during project portfolio reviews, project start-ups, and evaluations, focusing on results measurement and achievement of objectives. Identifying capacity-building needs for Country Office staff and executing agencies will be essential, as will promoting knowledge sharing on country regulations and procedures. You will provide feedback to the Representative and Management on strategic goals and recommend strategies for improved efficiency and coordination with key partners. Building and maintaining dialogue with country authorities and key actors will be a critical aspect of your role, as will providing technical guidance to junior staff.

Required Qualifications:
To qualify for this position, you must possess a Master’s degree (or equivalent) in Management, Business Administration, Economics, Engineering, or other relevant fields. A minimum of 6 years of relevant experience in project management and results-based management is required, along with a detailed understanding of IDB’s operational policies and procedures. Familiarity with public institutions management, budget cycles, and risk management is a plus. Advanced knowledge of one of the Bank’s sectors will be advantageous, as will proficiency in English and one of the other official Bank languages (Spanish, French, or Portuguese).

Educational Background:
Candidates must hold a Master’s degree or equivalent in a relevant field such as Management, Business Administration, Economics, or Engineering. This educational background is essential to ensure that the candidate has the necessary theoretical knowledge and practical skills to fulfill the responsibilities of the COO role effectively.

Experience:
The position requires a minimum of 6 years of relevant experience in project management and results-based management. Candidates should have a comprehensive understanding of the IDB’s operational policies and procedures, as well as experience in managing public institutions and navigating budget cycles. Experience in risk management is also beneficial, as is advanced knowledge in one of the Bank’s sectors.

Languages:
Proficiency in English is mandatory for this position, and candidates who are fluent in one of the other official Bank languages (Spanish, French, or Portuguese) will be highly valued. This multilingual capability is crucial for effective communication and collaboration within the diverse operational environment of the IDB.

Additional Notes:
The 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 24 days of paid time off, 8 personal days, sick leave, and gender-neutral parental leave. Health insurance is provided for employees and eligible dependents, covering medical, dental, vision, preventive care, and prescription drugs. Additionally, a pre-defined pension plan is available to support employees in planning for their future. The organization promotes hybrid and flexible work schedules and offers various development support tools, including mentoring, professional counseling, training, language classes, and mobility options. The IDB Group is committed to fostering a diverse and inclusive workplace, ensuring that all employees can bring their authentic selves to work.