Job Location
This position is based in Bogota (Colombia).
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, to approximately $19 billion, and unlocking greater private sector participation to drive development and climate impact across the region.
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 seeking a strategic, collaborative, and results-driven consultant to serve as WeCode Coordinator in Colombia. In this role, you will support the adaptation of the WeCode framework to the Colombian financial ecosystem and lead the implementation of key activities related to capacity building, data systems, knowledge dissemination, and stakeholder engagement.
The position involves working closely with a wide range of stakeholders including the banking association, microfinance and fintech associations, Banca de las Oportunidades, financial institutions, regulators, chambers of commerce, and other ecosystem actors to ensure a strong, coordinated, and sustainable implementation of the WeCode initiative in the country.
You will work with the Gender and Social Inclusion (GSI) Division within the ICT Department at IDB Invest. This Department partners with private sector clients across strategic sectors in Latin America and the Caribbean, providing both financial solutions and technical advisory services to advance inclusive and sustainable business practices.
What you’ll do
- Contribute the execution and contextualization of the WE Finance Code Program in Colombia, an innovative ecosystem-level initiative designed to promote the growth of Women-Led/Owned Businesses (WSMEs).
- Coordinate the development of secure, automated, and standardized data transfer mechanisms implemented by third-party technical consultants to enable efficient, reliable, and compliant exchange and reporting of WeCode indicators. Ensure that the technical consultants deliver both an API that connects existing databases with financial institutions’ systems, and a visual dashboard at Banca de las Oportunidades that consolidates and displays WeCode indicators.
- Oversee third-party consultants with a focus on ensuring the punctual delivery of high-quality outcomes, including technical workshops, technical notes, events, knowledge and communications products. Your attention to detail and commitment to excellence will play a pivotal role in maintaining the standard of deliverables IDB Invest expects and contributing to the overall success of the WE Finance Code.
- Efficiently manage project milestones, activities, budget, and responsibilities with a keen focus on precision and effectiveness. In this role, you will be at the forefront of project management, orchestrating key elements such as milestones and activities, while maintaining the budget on track and third-party consultants accountable for their tasks.
- Maintain clear and effective communication at a high level with pertinent stakeholders to ensure that the project consistently meets deliverables. In this role, you will be instrumental in fostering transparent and fluent communication channels with WE Finance Code stakeholders. Your ability to articulate project progress, problem-solving, address concerns, and gather valuable feedback will play a pivotal role in steering the project towards its intended goals.
- Support the team’s WeFi reporting efforts, knowledge products, dissemination efforts (i.e. events, webinars, panel discussions, knowledge exchange programs, etc.), and GDI activities.
- Work collectively with IDB Invest Investment Officers and clients, particularly in the financial sector to develop advisory solutions that meet WE Finance Code’s requirement and improve the access to credit for women entrepreneurs.
- Identify and proactively pursue opportunities for scaling and replicating the WE Finance Code initiative in additional countries in the Latin America and Caribbean (LAC) region. In this role, you will play a strategic part in recognizing potential avenues for expansion and establishing partnerships to replicate the success of the WE Finance Code initiative on a regional scale.
What you'll need
Education: Master’s degree, MBA, or equivalent degree in economics, international development, public and/or international affairs, finance, business administration, human resources, communications, engineering or any relevant field.
Experience: At least ten (10) years of progressive experience in the field of diversity and inclusion in private sector companies, finance, consulting firms, or development institutions. Experience leading multi-stakeholder initiatives or projects in financial inclusion or gender finance will be considered an assets.
Languages: Proficiency in Spanish and English, spoken and written, is required. Additional knowledge of French and Portuguese is preferable.
Requirements
Citizenship: Must be eligible to work in job location without the need for sponsorship.
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 consultant Full-Time, 21 months (up to 48 months, if applicable).
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
-Leave 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.
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.
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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