INTRODUCTION
The Caribbean Development Bank (CDB/The Bank) is seeking to recruit a Young Professional, Private Sector, for the Private Sector Division. The successful candidate will be based at CDB’s headquarters located in St. Michael, Barbados.
THE DIVISION
The PSD is responsible for supporting the Bank’s strategic objectives in promoting sustainable private sector growth and development across CDB’s Borrowing Member Countries (BMCs). The Division engages in the design, appraisal, implementation, and monitoring of projects and programmes that catalyse private sector investment, improve business environment, and enhance access to finance.
PSD works closely with internal departments and external stakeholders, including governments, financial institutions, development partners, and private sector entities, to develop innovative solutions that support economic growth, competitiveness, and climate-smart development.
THE ROLE
The Young Professional (YP) will report to the Division Chief, Private Sector Division and will be accountable for providing technical and analytical support to the Division to assist in the implementation of private sector projects and programmes. The role is designed to provide broad exposure to private sector development operations and policy work, enabling the YP to contribute meaningfully to CDB’s strategic objectives while developing professional expertise in investment finance, project management, and development banking.
KEY RESPONSIBILITIES
The YP, PSD will be required to:
- Assist in the design, appraisal, and monitoring of private sector projects and programmes, including reviewing project documentation, financial models, and risk assessments.
- Support the preparation of technical assistance papers, concept notes, project briefs, policy papers, and knowledge products for internal and external stakeholders.
- Conduct research and analysis on private sector development issues, including market assessments, sectoral studies, and policy reviews.
- Contribute to internal and external stakeholder engagement, including supporting workshops, seminars, and knowledge-sharing initiatives.
- Assist in the implementation of monitoring and evaluation systems to track project performance, results, and impact.
- Provide technical inputs to support CDB’s private sector programmes, including CTCS, SheTrades, CIIF and CDB/EU Standby Facility.
- Perform any activity or manage other tasks related to the work of the Private Sector Division as designated or delegated by the Division Chief, PSD.
QUALIFICATIONS & EXPERIENCE
The YP, PSD is expected to actively seek knowledge needed to complete assignments, communicate effectively with colleagues and stakeholders, and contribute to the Bank’s mission of promoting private sector development.
Ideal candidates must have:
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- A Masters degree in Economics, Finance, Business Administration, International Development, Public Policy, or another relevant discipline, and a minimum of 2 years' relevant professional experience in project management, investment finance, or private sector development.
- Strong research, analytical, and problem-solving skills.
- Excellent oral and written communication skills, including the ability to prepare briefs, reports, and presentations for senior management and external stakeholders.
FUNCTION-SPECIFIC COMPETENCIES
The YP, PSD should demonstrate:
- Ability to conduct research and analysis on complex private sector issues and prepare technical outputs independently.
- Ability to contribute to project design and operational guidance, applying sound judgment and initiative.
- Strong team-working skills, with the ability to collaborate across departments and with external stakeholders.
- Ability to work effectively under tight deadlines and adapt to changing priorities.
- High ethical standards, integrity, accountability, and commitment to professional development.
BEHAVIOURAL COMPETENCIES
Acting as a Champion for Change
Actively identifies problems and opportunities for change and implements solutions where appropriate. Maintains effectiveness when experiencing major changes in work tasks or the work environment; and supports people in their efforts to try new things.
Acting Decisively
Moves quickly to make decisions and commits to a clear course of action; comfortable making decisions based on partial information; willing to take risks in order to maintain momentum; shows a strong bias toward action.
Acting Strategically
Aligns day-to-day activities around broader organisational goals and objectives; prioritises resources based on the strategic objectives of the organisation; recognises and rewards people based on how their actions support the broader needs of the organisation.
Championing Customer Needs
Calls attention to issues that impact customer satisfaction; views situations from the perspective of customers; encourages people to think about customers when making decisions and develops and sustains productive customer relationships.
Communicating Effectively
Consistently communicates with clarity and thoroughness to opt1m1se audience understanding. Communicates information in a clear, concise, and timely manner. Demonstrates effective speaking and presentation skills.
Delivering High Quality Work
Critically reviews work processes to ensure quality; addresses problems that could impact quality; makes sure project deliverables and services meet all requirements and expectations; does not make the same mistakes twice.
Displaying Technical Expertise
Keeps his/her technical skills current; effectively applies specialised knowledge and skills to perform work tasks; understands and masters the technical skills, knowledge, and tasks associated with his/her job; shares technical expertise with others.
Driving for Results
Bottom-line oriented and pushes self and others to achieve results. Keeps current on project status; makes sure people are aware of project status and what they need to do to keep things moving; redirects project resources and activities to overcome setbacks; elevates project concerns to senior levels of leadership when appropriate.
TERMS OF APPOINTMENT
This role is a term-limited position with the successful candidate being contracted under the CDB YP Programme for a non-renewable two-year period commencing July 1, 2026. The YP shall receive a salary of USD60,600 per annum. The benefits package includes life and medical insurances.
Before you proceed to apply, please consider the following requirements:
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- You must be a national of one of CDB’s member countries.
- You must be no older than 32 years of age by December 31, 2026.
- You will be required to produce evidence of any educational and professional qualifications to support your application if you are selected for an interview.
- All appointments are subject to satisfactory background checks and references.
CDB fully respects the need for confidentiality of the information supplied and assures you that we will not discuss your background and interest with anyone, including references, without your prior consent.
The deadline for submission of applications is May 15, 2026, at 11:59 pm AST.
The Caribbean Development Bank is an equal opportunity employer and values diversity. We encourage all qualified candidates to apply regardless of their racial, ethnic, religious, cultural background, gender, sexual orientation, or disabilities. Women are strongly encouraged to apply.
The Bank provides reasonable accommodation to individuals with disabilities participating in the job application or interview process. Please contact us to request such accommodation.