Idb Invest- Director Andean Region - Financial Institutions Division - Colombia, Ecuador Or Peru

IDB Invest – Director Andean Region – Financial Institutions Division – Colombia, Ecuador or Peru With our team you can help build a sustainable financial sector and have a positive impact in the lives of millions. Apply today and join in one of our Andean Region Country Offices. Background The Investment Operations Department (INO) of IDB Invest is responsible for clients and partners' engagement for the origination, structuring, closing and supervision of transactions and projects that meet our requirements. The business cycle goes from the identification, selection, origination and execution of transactions to their monitoring. INO follows a matrix model, with three segment Divisions covering Infrastructure and Energy, Financial Institutions and Corporates, and transversal areas such as the Financial Products Division (in charge of capital market solutions, trade and supply chain finance, equity and resource mobilization), the Portfolio Management Division, and the Advisory Services Team. The team: the Financial Institutions Division (FLI) is organized in five teams, four with a geographic country coverage: (i) Andean, (ii) Southern Cone, (iii) Mexico, Central America and (iv) the Caribbean; and one in charge of the Investment Funds business. Within each of those teams, Investment Officers ("IOs") lead high quality, creditworthy, and environmentally and socially sound projects that result in significant development impact. Our Division maintains, as deemed necessary, the responsibilities for customer relationships and product specialist's engagement in areas such as debt financing, debt capital markets, equity and quasi-equity instruments, as well as resource mobilization and technical cooperation. About the position Location: Colombia, Ecuador or Peru As Director of the Andean Region, you will report directly to FLI Managing Director. You will lead a dedicated team of approximately 4 to 8 full-time IOs with specific expertise in Financial Intermediaries client segment. The Andean Region encompasses Bolivia, Colombia, Ecuador, Peru and Venezuela. Your role will be to lead and support the team in developing new business opportunities, client engagements as well as to supervise the structuring and execution of new transactions in order to meet the goals of the Division as a whole and in the Andean Region in particular. Furthermore, you will work closely with other organizational divisions/teams of IDB Invest and IDB, as needed, to achieve coherence within the IDBG's overall financial sector portfolio. What you will do Lead the execution of the Division's business and action plans within the Andean Region; Supervise and mentor direct reports, foster a culture of 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. Maintain constant dialogue with local partners in the financial sector industry, public and private institutions in the financial markets, banking associations, investors, governmental and regulatory agencies (at the sovereign and sub-sovereign levels), seeking to build new relationships to generate new business opportunities. Maintain continuous collaboration and communications with other stakeholders within the IDBG, including other business development areas, environmental, social and corporate governance safeguards, development effectiveness, legal, risk, advisory services and integrity functions, among others. Support product development and other initiatives at the Division level to help address the needs of client and countries. Identify upstream opportunities that can generate more development impact through our projects or through market interventions in the countries. Provide support for the development of IDBG Country Strategies and the IDB Invest's multi-year Business Plans in relation to financial sector development. Participate in conferences and seminars and other events appropriate to maintaining and building sector knowledge, networking and promoting IDB Invest financial sector related capabilities; 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 will need Education: Masters, MBA, or equivalent in finance, business administration, economics, development studies, engineering, or other relevant field. Experience: Proven background in implementing complex and diverse projects with financial intermediaries, preferably in an international environment and in leading project teams in complex transactions. More than 10 years of experience acting in a similar role in the private sector, private banks, investment firms, corporate and investment banking sector, or development finance institutions focused on the private sector; having worked in different cultural settings, preferably in Latin America. Strong change management experience in an evolving and complex environment to identify and inspire change to best serve the needs of the organization in the future. Strong client relationship experience and skills, collaborative approach, fostering and maintaining effective relationships with internal and external stakeholders. The capacity to plan and manage human resources and operations to achieve quality results in a productive and financially sustainable manner. Language Skills: Oral and written professional proficiency in English and Spanish required; knowledge of Portuguese and/or French is preferable. Key Skills: Mentor and develop. Promote Diversity, Equity, Inclusion and Belonging. Build Lean and Versatile teams. Lead change and Transformation. Create Partnership. Requirements: Citizenship: You are either a citizen, a resident with legal permit or eligible to obtain valid residency or legal permit to work in the country in Colombia (Bogota), Ecuador (Quito) or Peru (Lima) without the need for sponsorship by IDB Invest. Consanguinity: You have no family members (up to fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB Group. 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 which 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. We offer assistance with relocation for you and your family, when it applies. Hybrid and flexible work schedules. Health and wellbeing: Access to our Health Services Center which 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. Our culture: At the IDB Group we work so everyone brings their best and authentic selves to work, willing to try innovative approaches without fear, and where they are accountable and rewarded for their actions. Diversity, Equity, Inclusion and Belonging (DEIB) are at the center of our organization. We celebrate all dimensions of diversity and encourage women, LGBTQ+ people, persons with disabilities, Afro-descendants, and Indigenous people to apply. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job interview process. If you are a qualified candidate with a disability, please e-mail us at ****** to request reasonable accommodation to complete this application. Our Human Resources Team reviews carefully every application. About the IDB Group: The IDB Group, composed of the Inter-American Development Bank (IDB), IDB Invest, and the IDB Lab offers flexible financing solutions to its member countries to finance economic and social development through lending and grants to public and private entities in Latin America and the Caribbean. About IDB Invest: IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and improve economic, social, and environmental development in the region. With a portfolio of $16.3 billion in asset management and 394 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a broad range of industries. Our Commitment to Diversity, Equity, Inclusion & Belonging Nonprofit HR is committed to fostering and maintaining a work environment where diversity, equity, and inclusion (DEI) are fully integrated into everything we do for the benefit of our employees and the clients that we serve. #J-18808-Ljbffr