Blended Finance Managing Director - Geneve Int : Job Details

Blended Finance Managing Director

Geneve Int

Job Location : Washington,DC, USA

Posted on : 2024-10-22T12:37:13Z

Job Description :

Blended Finance Managing Director

Location: United States of America, Washington, Washington D.C.

Sector: Nonprofit/Community/Social Services/International Cooperation

Date of last update: 2024-10-18 (Expiry date: 2024-11-08)

About Inter-American Development Bank

We work to improve lives in Latin America and the Caribbean. Through financial and technical support for countries working to reduce poverty and inequality, we help improve health and education, and advance infrastructure. Our aim is to achieve development in a sustainable, climate-friendly way.

The Bank's current focus areas include three development challenges – social inclusion and equality, productivity and innovation, and economic integration – and three cross-cutting issues – gender equality and diversity, climate change and environmental sustainability; and institutional capacity and the rule of law.

About this position

We seek a dynamic and experienced leader to join as Blended Finance Managing Director. The candidate should be an experienced banker with significant expertise in emerging markets and concessional finance and strong relationships with commercial banks, donors, and development finance institutions.

As Blended Finance Managing Director, you will report directly to the Chief Products Officer and be responsible for achieving the blended finance targets.

Main Responsibilities:
  • Supervise and coordinate the deployment of IDB Invest concessional funds.
  • Advise operations teams to structure and implement blended finance solutions that rebalance risk-reward profiles, with a focus on maximizing additionality and development impact.
  • Oversee the timely and consistent deployment of concessional resources in line with IDB Invest's strategic priorities and in accordance with the Development Finance Institution (DFI) Blended Finance Principles.
  • Coordinate the distribution of technical assistance funds across different units within IDB Invest.
  • Develop and implement IDB Invest fundraising strategy and position IDB Invest as the partner of choice for channeling concessional resources to the private sector in Latin America and the Caribbean.
  • Ensure full compliance with donor agreements, including fiduciary, reporting, and operational obligations.
  • Act as a public spokesperson for IDB Invest on concessional finance.
  • Lead efforts to capture and disseminate knowledge products on concessional finance.
  • Streamline processes and systems to reduce duplicative tasks, improve funds accessibility, and contribute to corporate efficiency goals.
  • Lead a high-performing team, providing mentorship and guidance to ensure delivery excellence.
    • Requirements:
    • At least 10 years of relevant experience as a banker with a proven business track record.
    • Master's degree (or equivalent advanced degree) in Economics, Finance, Business Administration, Law, Engineering, or another relevant field.
    • Proficiency in English and one of the other Bank's official languages (Spanish, French, or Portuguese) is required.
    • There are no citizenship requirements.
    • No family members working at the IDB, IDB Invest, or IDB Lab.
    What we offer:

    Our institution is committed to offering a competitive remuneration package that reflects the value and expertise of our candidates. This comprehensive package includes attractive cash compensation, performance-based variable pay, robust insurance coverage, and a pension plan.

    We offer an international staff contract, initially 36 months, renewable upon mutual agreement.

    Our culture:

    At IDB Group, we work so that everyone brings their best and most authentic selves to work. Diversity, Equity, Inclusion, and Belonging (DEIB) are at the center of our organization. We celebrate all dimensions of diversity and encourage women, LGBTQ+ people, persons with disabilities, Afro-descendants, and Indigenous people to apply.

    We will ensure that individuals with disabilities are provided with reasonable accommodation to participate in the job interview process.

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