Advisory Services & Blended Finance Team - Climate Change Consultant
Background: IDB Invest, a member of the Inter-American Development Bank (IDB) Group, is a multilateral organization based in Washington D.C., which is committed to the development of Latin America and the Caribbean through the private sector. As part of its mission, IDB Invest supports the private sector and state-owned enterprises through financing in the form of loans, equity investments, and guarantees.
The Investment Operations Department (INO) of IDB Invest is responsible for generating a portfolio of high quality, creditworthy, and environmentally and socially sound projects that result in significant development impact. 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 three transversal areas such as the Financial Products and Services Division (in charge of capital market solutions, financing solutions for funds, equity and trade and supply chain finance), the Advisory Services and Blended Finance Team and the Portfolio Management Division.
The Team: The goal of the Advisory Services & Blended Finance Team (INO/NFP), which is part of the INO Department, is to generate sustainable projects with significant development impact from the prospecting stage through closing and monitoring.
The Advisory Services & Blended Finance Team works closely with INO's Segment Divisions to prepare impactful projects, mainstreaming sustainability considerations, supporting champions in specific sectors through knowledge products and outreach activities, and influencing the market through publications, conferences and other activities. The Team also manages third party funds for blended finance solutions.
What you'll do:
The Consultant will be responsible for supporting the delivery of the IDBG's mandate to promote economic and social development through the private sector going forward utilizing Climate funds. One of such funds is the IDB-INVEST Nordic Development Fund (NDF) Trust Fund, aiming at financing non-reimbursable technical assistance and other activities in support of activities of technical or operational nature related to project development about IDB Invest strategic programs and consistent with IDB Invest's Business Plan.
Write terms of reference, follow administrative processes and review reports from climate advisory services that are provided to financial institutions, corporates or relevant infrastructure sectors.
Participate in studies on appropriate technologies, where sector specific studies are needed to build the business models or identify more competitive/climate smart investments.
Manage appraisals on cost benefit analysis, feasibility studies, market studies, quantification of environmental benefits, and others relevant for successful climate investments.
Support climate business model assessments of certain corporates, or financial institutions, or at the sector/subsector level.
Support the monitoring and reporting of the climate projects results with financial institutions, corporates and communications to donor.
Support the Advisory services and segments teams on building a comprehensive work agenda with priority sectors/subsectors for climate implementation and finance in the relevant region.
Support the generation of knowledge products as needed to facilitate implementation of the NDF program (and analogous funds or other climate related initiatives).
Support the organization and logistics to held conferences and workshops with financial institutions, corporates, and priority sectors.
Skills you'll need:
Education: Bachelor's degree in Business Administration, Finance, Environmental or Sustainable Development or a related discipline. An advanced degree (Master's or MBA) is preferred.
Experience: At least three (3) years of professional experience in the execution and management of operations, including experience related to development and climate change.
Languages: Oral and written proficiency in English and Spanish is required; knowledge of Portuguese or French is a plus.
Core and Technical Competencies:
Excellent communication skills, including written and oral forms.
Proven ability to communicate complex concepts and prepare reports that are clear, concise and meaningful
Ability to develop, analyze and articulate project issues and identify creative, practical approaches to overcome challenging situations
Analytic capacity and ability to assess project outputs and relevant findings.
Good team player, self-starter, ability to work under limited supervision and maintain good relationships internally and externally.
Type of contract: Consultant
Length of contract: 12 months
Starting date: TBD
Location: IDB Invest Headquarters, Washington D.C.
Our culture: Working with us you will be surrounded by a diverse group of people who have years of experience in all types of private investment development fields, including infrastructure and energy, corporates, financial institutions, financial and non-financial products and services, gender and diversity, communications and much more.
About us: IDB Invest, a member of the Inter-American Development Bank (IDB) Group, is a multilateral organization, committed to the development of the private sector of Latin America and the Caribbean by financing loans, equity investments, and guarantees. In addition, IDB Invest partners with clients to provide advisory and training services.
Payment and Conditions: Compensation will be determined in accordance with Bank's policies and procedures. The Bank, pursuant to applicable policies, may contribute toward travel and moving expenses.
Visa and Work Permit: The Bank, pursuant to applicable policies, may submit a visa request to the applicable immigration authorities; however, the granting of the visa is at the discretion of the immigration authorities.
Notwithstanding, it is the responsibility of the candidate to obtain the necessary visa or work permits required by the authorities of the country(ies) in which the services will be rendered to the Bank. If a candidate cannot obtain a visa or work permit to render services to the Bank the contractual offer will be rescinded
Consanguinity: Pursuant to applicable IDB Invest regulations, candidates with relatives (including the fourth degree of consanguinity and the second degree of affinity, including spouse) working for the IDB Invest and the Bank as staff members, or Complementary Workforce or as contractors, will not be eligible to provide services for the IDB Invest.
Diversity: The Bank is committed to diversity and inclusion and to providing equal opportunities to all candidates.
We embrace diversity on the basis of gender, age, education, national origin, ethnic origin, race, disability, sexual orientation, and religion. We encourage women, Afro-descendants and persons of indigenous origins to apply.
Inter-American Development Bank