IDB Invest - Director of the Caribbean Region - Corporates Division

What you’ll do

• Lead the execution of the SMC business plan within the RCB Region;
• Decide on capital allocation to achieve the operational and development impact goals;
• Approve projects’ eligibility, chair Investment Decision Meetings (IDMs) for project approval;
• Lead weekly RCB team meetings with development partners;
• Supervise and mentor direct reports, help improve employee engagement, conduct performance reviews and evaluation;
• Oversee transaction from the prospecting stage through origination, structuring, negotiation, internal approvals and financial closing ensuring that the investment teams are properly staffed and motivated;
• Manage high-level client relationships with key industry players and partners including both the public and private sectors, developing synergies with other areas of the rest of the IDB group;
• Maintain constant dialogue with local partners such as investors, civil society, governmental and regulatory agencies (at the sovereign and sub-sovereign levels), public and private institutions in the financial markets and industry associations in the four sectors covered by SMC, seeking to build new relationships to generate new business opportunities;
• Interact with IDB teams in the RCB Region and within the Regions Department with a view to contribute to Governments and Authorities, detecting necessary improvements in the applicable regulatory frameworks to enable the structuring of financially viable and bankable projects and support upstream work within and outside the RCB Region to help countries develop a pipeline of projects in the sectors covered by the Division;
• Maintain constant diplomacy with the other functions within the IDB Group (environmental, social and corporate governance safeguards, development effectiveness, legal, risk, and integrity functions, among others) as part of the overall construction of strong development bank transactions;
• Support product development and other initiatives at the Division level to help address the needs of client and countries;
• Provide support for the development of IDBG Country Strategies and the IDB Invest’s multi-year Business Plans in relation to corporates as needed;
• Participate in conferences and seminars and other events appropriate to maintaining and building sector knowledge and promoting IDB Invest capabilities in the covered sectors;
• Promote innovation and encouraging staff to adopt changes being introduced in the marketplace and keeping abreast of opportunities for new products and services.

What you'll need

• Education: An advanced degree (Masters, MBA, or equivalent) in economics, finance, business administration, engineering, or another relevant field. Academic specialization in infrastructure development and/or transaction management is desirable.
• Experience: At least 10 + years of relevant professional experience in management of teams or in loan origination, structuring complex corporate and project finance transactions with a validated track-record of working with a broad range of financial instruments and products (including equity and mezzanine debt). Expertise working with domestic and international institutional investors. Understanding of client needs and challenges, market idiosyncrasies, and drivers of change in LAC would be highly valued. Confirmed experience in a similar role in an investment bank, advisory firm or financial institution would be desirable. Strong client relationship experience and skills are also highly valued. Strong experience in financing projects in agribusiness sector is considered a plus.
• Language Skills: Proficiency in English.

Requirements

• Citizenship: You are either a citizen of Bahamas, Barbados, Guyana, Jamaica, Suriname, Trinidad and Tobago, or with residency or legal permit to work in this country.
• 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

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

What we offer

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

• A competitive compensation package.
• Leaves and vacations: 24 days of paid time off + 8 personal days + sick leave + gender-neutral parental leave.
• Health Insurance: IDB Group provides employees and eligible dependents with a robust medical benefits program that covers medical, dental, vision, preventive care, and prescription drugs.
• Pension plan: defined benefit pension plan that provides financial security and support employees in planning for their future.
• Hybrid and flexible work schedules.
• Health and well-being: Access to our Health Services Center that provides preventive care and health education for employees.
• Development support: We offer tools to boost your professional profile, such as mentoring, 1:1 professional counseling, training and learning opportunities, language classes, mobility options, among others.