Location:

Kingston, Jamaica
Salary:

negotiable / YEAR
Job type:

CONTRACTOR
Posted:

3 months ago
Category:
Deadline:

01/03/2024

JOB DESCRIPTION

Post of duty: Jamaica

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 a consultant to join IDB Lab’s team in Jamaica. As an IDB Lab consultant, your main function will be to identify new projects in Jamaica. This include receiving, screening and monitoring a pipeline of new opportunities, by conducting initial review and discussions with potential partners, preparing project pitches and supporting research and design for operations that receive eligibility for financing. In addition, you will monitor the existing portfolio of IDB Lab projects in execution and liaise with the respective project team leaders and execution partners to resolve any queries or challenges arising. Finally, you will assist the IDB Lab team in communication, promotion and visibility activities as needed.

You will work in the IDB’s Jamaica Country Office as part of the Discovery Unit of IDB Lab. The Discovery Unit of IDB Lab originates and manages the portfolio of non-reimbursable technical cooperation (TC) projects, and manages the operational relationship with IDB, ensuring an adequate distribution of TC across countries and strategic areas. This team is responsible for identification, design and oversight of innovative approaches to solve development problems in accordance with IDB Lab’s key areas of focus.

What you’ll do:

Origination and Project Identification

Engage with potential clients and a range of partners to identify new and highly innovative operations with a focus on results and impact. Special attention should be given to projects that reflect programmatic priorities of the IDB Group in Jamaica.
Conduct research and assess potential clients to support development of project pitches for financing.
Conduct the technical and financial analysis of new projects and prepare key documents and presentations to facilitate project approval.
Contribute to the ideation and design of innovative projects. Operational Supervision
Supervise and guide the implementation of the portfolio of projects in execution. As such, provide the necessary technical advice and guidance so the projects achieve their objectives.
Oversee the fiduciary compliance, disbursements and reporting for projects to meet IDB Lab requirements.
Supervise the generation and dissemination of practical knowledge as well as document lessons learned and best practices to position projects for greater scale and impact.

Coordination with IDB Group and Country Office

Assist the IDB’s Jamaica Country Office and IDB Lab in communications and engagement efforts.
Ensure that knowledge and lessons from projects are incorporated into new operations to promote continuous learning and innovation.
Develop a strong understanding of IDB Lab instruments, processes, focus areas and Corporate Results as well as key policies and requirements of IDB Group.
Identify opportunities for collaboration and co-creation with IDB and IDB Invest.

What you’ll need

Education: Master’s degree or equivalent in Economics, Finance, Business, Development Studies or other fields relevant to the responsibilities of the role.
Experience: At least five (5) years of relevant professional experience, as project coordinator, investment officer, or officer responsible for project design and technical supervision during implementation, results monitoring, and management of projects and programs aimed at developing the private sector and financed by bilateral or multilateral development institutions, nongovernmental organizations, public entities, or financial institutions
Languages: Proficiency in English.

Key skills:

Learn continuously.
Collaborate and share knowledge.
Focus on clients.
Communicate and influence.
Innovate and try new things.
Strong interpersonal skills and solution orientation, willing to work as part of a team and to reach out to others to help achieve high-quality results.
Excellent oral and written communication skills.
Demonstrated ability to self-organize and work without close supervision.
Knowledge and familiarity with private sector actors and key players in the entrepreneurial and innovation ecosystem in Jamaica.

Digital skills

Excel and MS Office suite
Databases/Airtable
Salesforce/CRM

Requirements:

Citizenship: You are either a citizen of Jamaica or a citizen of one of our 48-member countries with residency or legal permit to work in Jamaica.
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:

Type of contract: National Consultant Full-Time.
Length of contract: 19 months, with the possibility of extension by mutual agreement for up to additional 17 months (total cumulative maximum of 36 months). .
Work Location: On site.

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.
Leave and vacations: 2 days per month of contract + gender-neutral parental leave.
Health Insurance the IDB Group provides a monthly allowance for the purchase of health insurance.
Savings plan: The IDB Group cares about your future, depending on the length of the contract, you will receive a monthly savings plan allowance.
Hybrid and flexible work schedules.
Health and wellbeing: Access to our Health Services Center which provides preventive care and health education for all employees.
Development support: We offer learning opportunities to boost your professional profile such as seminars, 1:1 professional counseling, and much more.

Our culture

At the IDB Group we work so everyone brings their best and authentic selves to work, willing to try new approaches without fear, and where they are 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.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job interview process. If you are a qualified candidate with a disability, please e-mail us at diversity@iadb.org to request reasonable accommodation to complete this application.

Our Human Resources Team reviews carefully every application.

About the IDB Group

The IDB Group, composed of the Inter-American Development Bank (IDB), IDB Invest, and the IDB Lab offers flexible financing solutions to its member countries to finance economic and social development through lending and grants to public and private entities in Latin America and the Caribbean.

About IDB

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. With a history dating back to 1959, today we are the leading source of development financing for Latin America and the Caribbean. We provide loans, grants, and technical assistance; and we conduct extensive research. We maintain a strong commitment to achieving measurable results and the highest standards of integrity, transparency, and accountability.

Follow us:

https://www.linkedin.com/company/inter-american-development-bank/

https://www.facebook.com/IADB.org

https://twitter.com/the_IDB

Additional Information