We improve lives
The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean. Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.
About this position
We are looking for an outstanding and experienced General Manager to lead the Finance Department, reporting to the Vice Presidency for Finance and Administration, which comprises the following departments: Finance, Budget and Administrative Services and the Executive Secretariat of the Staff Retirement Plans.
In this role, you will support the Vice Presidency in delivering its strategic and operational priorities by ensuring the sound financial management and long-term sustainability of the Inter-American Development Bank’s financial resources.
The Finance Department oversees the Bank’s core financial management functions spanning treasury, financial planning, accounting, financial policy, assets and liabilities, liquidity management financial reporting, and relations with financial markets and intermediaries, while providing forward-looking analysis, and advice in support of the Vice President, the Senior Management Team, and the Board of Executive Directors.
The General Manager is responsible for ensuring that these functions operate effectively, cohesively, and in alignment with the Vice Presidency’s priorities.
What you’ll do
As General Manager of the Finance Department, you will support the Vice President for Finance and Administration by providing strategic and operational leadership over the Bank’s financial management framework, ensuring financial strength, sustainability, and resilience in support of the Bank’s development mandate.
You will provide strategic financial analysis, actionable insights, and sound advice to support the Vice Presidency’s priorities and institutional decision-making, while contributing to the development of Vice Presidency’s role as a strategic financial partner and advancing its client engagement model for the region.
Your responsibilities will include:
- Promoting the efficient use of the Bank´s balance sheet to expand the scale of the Bank´s operations
- Develop innovative financial solutions and impact-oriented products.
- Mobilize and administer the Bank’s financial resources including debt and non-debt funds.
- Manage the Bank’s cash resources.
- Conduct accounting and prepare financial records of the Bank operations.
- Administer Bank relations with financial markets and intermediaries.
- Formulate and review the implementation of the Bank’s asset/liability management and recommend improvements.
- Develop financial projections for financial planning purposes.
- Provide financial decision-support for the Vice Presidency for Finance and Administration.
- Support the expansion of the advisory and capacity building services promoted by the Vice Presidency for Finance and Administration.
- Establish internal control and protocols for good practices.
- Develop new financial products and contribute to increase and provide advice and assistance to borrowers.
- Work in close collaboration with the other departments within the Vice Presidency for Finance and Administration: the Budget and Administrative Services department and Executive Secretariat of the Staff Retirement Plans to ensure an integrated approach to financial management, planning, resource allocation, and institutional decision-making.
- Coordinate with all relevant departments in the IDB Group, in particular with the Office of Risk Management.
What you'll need
Education: Master’s degree or equivalent in finance, economics, business administration, or related field required.
Experience: Several years of managerial experience in finance, treasury operations, or financial management, preferably in financial institutions and/or capital markets. Proven expertise in financial strategy, capital markets, asset-liability management, financial policy, and internal committees. Strong experience engaging with senior stakeholders, including Boards, investors, and rating agencies.
Languages: Proficiency in English is required. Spanish and Portuguese are a plus.
Requirements
Citizenship: You are a citizen of one of our We may offer assistance with relocation and visa applications for you and your eligible dependents.
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 staff contract, 36 months initially, renewable upon mutual agreement.
What we offer
-A competitive compensation package, including an annual base salary expressed on a net-of-tax basis.
-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.
-We offer assistance with relocation and visa applications for you and your family when it applies.
-On-site position with the occasional flexibility of teleworking.
-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.
-Other office amenities (as available): Lactation Room, Daycare Center, Gym, Bike Racks, Parking, spouse career support, and others.
Our culture
At the IDB, 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.