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
We are looking for a strong client focused and innovative Fiduciary Consultant for the Country Office in The Bahamas. As Fiduciary Consultant, you will provide support to the Financial Management Senior Specialist (FMS) in overseeing and monitoring fiduciary aspects operations, while also contributing to the development of fiduciary and institutional capacity within executing agencies.
You will work in the fiduciary team which plays a critical role in ensuring the effective and efficient use of the Bank's development resources. It is responsible for designing and supervising the financial management and procurement components of the Bank's operations. This fiduciary function is integral to the Bank's mission of improving lives across the region.
What you will do
- Coordinate and follow up on fiduciary and institutional assessments of executing agencies. Prepare visit reports summarizing findings and recommended actions using Bankโs standard format.
- Compile data and prepare reports, briefings, and presentations as required. Extract relevant information from Bank systems to support official missions, portfolio reviews, and fiduciary monitoring.
- Draft correspondence to Executing Units.
- Organize logistics for fiduciary workshops and training sessions.
- Liaise with Operations Associates and support the analysis of recommendations and responses to queries from executing agencies.
- Support the analysis and processing of disbursement requests from borrowers and executing agencies.
- Assist FMS in conducting ex-post reviews of disbursement activities.
- Support the review of financial reports submitted by Executing Units.
- Assist in conducting fiduciary risk analyses for projects.
- Conduct preliminary reviews of fiduciary-related sections in Project Profiles, Plans of Operations, and Program for Operational Development documents.
- Manage fiduciary-related correspondence.
- Monitor progress on fiduciary business plans.
- Collect and compile financial management data for business intelligence purposes.
- Assist Executing Agencies in use of fiduciary systems.
What you will need
โข Education: Master's Degree or equivalent in Accounting, Business Administration, Finance, Economics, or a related field. CPA or ACCA Certification is desirable.
โข Experience: Minimum of five years of relevant professional experience in the public or private sector, or within international organizations.
- Area of Expertise: Experience in financial management and administration of projects.
โข Languages: Proficiency in English (reading, writing and speaking). Knowledge of other Bank official languages (Spanish, French or Portuguese) is an asset.
Requirements
- Citizenship: You are either a citizen of The Bahamas or a citizen of one of our 48-member countries with residency or legal permit to work in The Bahamas
- 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: 12 months, renewable based on business needs and availability of budget (up to 36 months)
Place of Work: IDB Country Office, The Bahamas
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
- Development support: We offer learning opportunities to boost your professional profile, such as seminars, 1:1 professional counseling, and much more.
- Health and well-being: Access to our Health Services Center that provides preventive care and health education for employees.
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 accommodations@iadb.org.
- Area of Expertise: Experience in financial management and administration of projects.