Location
Washington, DC, Headquaters
We improve lives
IDB Invest is the private sector arm of the IDB Group and an international financial institution committed to addressing the development needs of Latin America and the Caribbean. Our mission is to support sustainable enterprises and projects that deliver financial results while maximizing social and environmental impact in the region.
IDB Invest operates in 26 countries, structured across four geographic regions and three industry verticals: Infrastructure and Energy, Financial Intermediaries, and Corporates.
In support of a new transformative business model “Originate to Share” our shareholders recently approved a $3.5 billion capitalization. This will allow IDB Invest to significantly scale up its investments, nearly doubling annual financing from approximately $8 billion to $19 billion, and unlocking greater private sector participation to drive development and climate impact across the region.
About this position
We are searching for a Development Effectiveness Consultant to support the Development Effectiveness Division (DVF) team in the provision of development effectiveness services to IDB Lab.
What you’ll do
- Implement ex-ante assessment of development impact of operations. This includes: (i) researching and summarizing relevant evidence on the sector and country of operations; (ii) supporting IDB Lab specialists in articulating the theory of change and measuring the development results of their operations; (iii) computing iDELTA of operations; (iv) computing climate finance of operations; (v) supporting the preparation of project documents.
- Implement ex-post assessment of IDB Lab operations. This includes the evaluation of operations in dimensions such as Relevance, Effectiveness, Efficiency and Sustainability.
- Support the update of guidelines and other strategic documents.
- Support in additional tasks related to the implementation of the IDB Lab Impact Management Framework.
What you'll need
Education: You hold a master’s degree in economics, Finance, Public Administration or related field for the position.
Experience: At least 5 years of relevant experience in economic research, project management, or monitoring and evaluation of development projects or other fields relevant to the responsibilities of the role. Experience in economic cost-benefit analysis or impact evaluation is a plus. Advanced knowledge of development economics, development effectiveness, and impact measurement, with strong familiarity with IDB Invest, IDB Lab, or similar multilateral/private‑sector operations. Experience working in Latin America and the Caribbean is essential. Strong project management, collaboration, and relationship‑building skills, with the ability to adapt to shifting priorities and synthesize complex information. Demonstrated creativity, effective communication, client focus, and commitment to quality, efficiency, and continuous improvement.
Languages: Proficiency in Spanish and English, spoken and written, is required. Additional knowledge of French and Portuguese is preferable.
Requirements
• Citizenship: No requirements
• 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
- International consultant Full-Time, 20 months (up to 48 months, if applicable).
What we offer
-A competitive compensation package.
-Leaves and vacations: 2 days per month of contract + gender-neutral parental leave.
-Health Insurance: the IDB Group provides a monthly allowance for the purchase of health insurance
-Savings plan: The IDB Group cares about your future, depending on the length of the contract, you will receive a monthly savings plan allowance.
-We offer assistance with relocation and visa applications for you and your family when it applies.
-Hybrid and flexible work schedules
-Development support: We offer learning opportunities to boost your professional profile, such as seminars, 1:1 professional counseling, and much more.
-Health and well-being: Access to our Health Services Center that provides preventive care and health education for employees.
-Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, Spouse Career Program, and others
Our culture
At the IDB Group, we work so everyone brings their best and authentic selves to work while finding their purpose. Our people consistently strive for excellence, and we recognize and celebrate the impact of their contributions.
In our efforts to drive innovation, we intentionally include all voices, cultivate a sense of belonging and champion fairness. We welcome individuals from underrepresented groups to join us and share their unique perspectives.
We ensure that individuals with disabilities are provided reasonable accommodations to participate in the job interview process. If you require an accommodation to complete this application, please email us at .
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