Fiduciary Principal Specialist

Location

Post of duty: Washington, District of Columbia, USA.

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

The division of Financial Management and Procurement Services for Operations (FMP) is looking for a technical-savvy, committed and problem-solving Fiduciary Principal Specialist that will guide our procurement team in the implementation of FMP’s Business Plan, supporting the Executing Agencies and IDB Project Team Leaders in the project’s design, implementation and closure, as well as in their efforts to strengthen their fiduciary systems.

As a highly decentralized division, FMP focuses on: (i) bringing knowledge and innovation to FMP's operational and corporate work to create more effective development solutions; (ii) improve our decision making using business intelligence, relevant data and analytics; (iii) deploy our resources efficiently based on a planning framework to monitor, measure and communicate results; and (iv) create a healthy work environment that allows each FMP staff to grow, individually and collectively.

What you’ll do

• Propose technical vision, agenda and priorities, and oversee the implementation of the procurement team’s Business Plan to ensure alignment with institutional goals.
• Advise Division Chief on strategic policy papers and politically complex technical matters, -while serving as a liaison with counterparts of other IFIs and professional associations.
• Contribute to the development of procurement policy frameworks and technical guidelines.
• Provide specialized technical advice during project design and execution on complex procurement related matters, including the selection of procurement methods, handling of protests and matters of contention raised by borrowers, bidders and other Bank stakeholders.
• Oversee the strategy for strengthening borrowers’ procurement systems using internationally accepted methodologies for assessing procurement systems (e.g. OECD-MAPS)
• Contribute to the improvement of operational, corporate and individual decision-making by leading, promoting and sharing business intelligence analytics, market analysis, and relevant data.
• Translate available data into relevant knowledge to improve the quality of fiduciary advisory to our clients.
• Foster Innovation to the Bank’s operational and corporate work, incorporating and applying emerging technologies to enhance efficiency, transparency, and impact of procurement solutions across operations.
• Promote collaboration and knowledge-sharing with other fiduciary specialists, units, borrowers and third parties on all aspects of the Bank fiduciary policies, procedures and experiences.

What you'll need

• Education: You must hold a Master’s Degree in procurement, engineering, law, business administration, or other fields relevant to the responsibilites of the role.
• Experience: At least seven (7) years of experience, preferably ten (10) years of relevant and progressive sustantive experience working in international private or public procurement. 

  The ideal candidate will demonstrate the ability to work collaboratively and inclusively, think innovatively and creatively, maintain a client-focused approach, and be resourceful. Strong communication, organizational, and project management skills are required.

• Languages: Proficiency in Spanish and English, spoken and written, is required. Additional knowledge of French and Portuguese is preferable. 

Please note that for this position, the final candidates will be required to successfully pass a background check to the satisfaction of the IDB Group, as a pre-employment condition, which will be conducted by third-parties. 

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: International staff contract, 36 months initially, renewable upon mutual agreement.

What we offer

The IDB group provides benefits that respond to the different needs and moments of an employee's life. These benefits include:
 

• • 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.
  • Hybrid and flexible work schedules.
  • 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 perks (country specific): Lactation Room, Daycare Center, Gym, Bike Racks, Parking, Spouse Career Program, 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.

Our Human Resources Team reviews carefully every application.