IDB Invest - Chief Products Officer
: Job Details :

IDB Invest - Chief Products Officer

Washington D.C.

IDB Invest

IDB Invest is an international financial institution and the private sector arm of the IDB Group that aims to solve development needs in Latin America and the Caribbean. Our mission is to support sustainable enterprises and projects that achieve financial results while maximizing regional social and environmental development.

About this position

We seek a dynamic and experienced Executive to join as Chief Products Officer.

The candidate should be an experienced banker with significant expertise in financial solutions including, but not limited to, short-term and long-term credit, equity investment, capital markets, mobilization and blended finance, and strong relationships with regional and non-regional investors.

As Chief Products Officer, you will be responsible for developing financial solutions and the connection with capital markets.

Main Responsibilities:

• Develop the IDB Invest business plan with the senior management team and ensure its alignment with IDB Group priorities.
• Provide guidance and oversight to the five Managing Directors, supporting their strategic, tactical, and operational responsibilities.
• Ensure financial products are designed for scalability and replicability, facilitating broader implementation across regions and sectors.
• Manage the mobilization opportunities with international investors.
• Manage the Equity Investment and Short-term business.
• Manage fundraising and third-party funds to support the delivery of blended finance and advisory services.
• Support the Delivery Units (organized teams by industries and regions responsible for originating, structuring, and supervising transactions).
• Define product and pricing strategies.
• Identify, promote, and execute synergies with IDB and IDB Lab.
• Manage resources for the Products Department, including operational, human, capital, and budgetary resources.

Requirements

• At least 15 years of relevant experience as a banker with a proven business track record. Expert in equity investment, mobilization, credit products, and blended finance. Strong market and international investor relationships.
• 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.
• Consanguinity: 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.

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.

Our culture

At IDB Group, we work so that everyone brings their best and most authentic selves to work, is willing to try new approaches without fear, and is accountable and rewarded for their actions. 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.