We improve lives
IDB Invest is the private sector arm of the IDB Group and an international financial institution committed to addressing the development needs of Latin America and the Caribbean. Our mission is to support sustainable enterprises and projects that deliver financial results while maximizing social and environmental impact in the region.
IDB Invest operates in 26 countries, structured across four geographic regions and three industry verticals: Infrastructure and Energy, Financial Intermediaries, and Corporates.
In support of a new transformative business model โOriginate to Shareโ our shareholders recently approved a $3.5 billion capitalization. This will allow IDB Invest to significantly scale up its investments, nearly doubling annual financing from approximately $8 billion to $19 billion, and unlocking greater private sector participation to drive development and climate impact across the region.
About this position
We are looking for a highly motivated, experienced, and detail-oriented professional to join our Disbursement Management Team as an Analyst. The selected candidate will support the team in various activities from reviewing financing documentation to confirming release of funds.
You will work in the Disbursement Management team, which is part of IDB Invest Finance Departmentโs Operations Division.
What youโll do
- Disbursement quality review, validation and approvals in IDB Group systems.
- Identify improvements and efficiencies in the disbursement process.
- Coordinate with all internal and external stakeholders and conduct required activities related to the booking and disbursing IDB and IDB Invest transactions.
- Raise relevant issues related to the area with Disbursement Management Teal Lead and Treasury Operations Head as necessary.
- Find and propose processes improvements, address issues and develop synergies.
- Provide comments on contracts and all correspondence related to transactions and monitor the compliance status.
- Provide comments on transaction submitted to FNA Review.
- Support the team in continuous process improvement and the implementation of best practices.
What you'll need
Education: Bachelorโs degree (or equivalent advanced degree) in Business Administration, Economics, Finance, Law, or other fields relevant to the responsibilities of the role.
Experience: At least 4 years of demonstrated experience in middle and back office of financial institutions processing or administering transactions related to project finance, corporates, financial institutions, trade and supply chain finance, international guarantees and letters of credit issuances, or similar transactions.
Languages: Proficiency in Spanish and English, spoken and written, is required. Additional knowledge of French and Portuguese is preferable.
Requirements
Citizenship: You are either a citizen of Costa Rica or with residency or legal permit to work in Costa Rica.
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
โข National 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 employeeโs life. These benefits include:
-A competitive compensation package
-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.
-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.
Our culture
t the IDB Group, 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.
Our Human Resources Team reviews carefully every application.
#IDBInvest
- Support the team in continuous process improvement and the implementation of best practices.
- Provide comments on transaction submitted to FNA Review.
- Provide comments on contracts and all correspondence related to transactions and monitor the compliance status.
- Find and propose processes improvements, address issues and develop synergies.
- Raise relevant issues related to the area with Disbursement Management Teal Lead and Treasury Operations Head as necessary.
- Coordinate with all internal and external stakeholders and conduct required activities related to the booking and disbursing IDB and IDB Invest transactions.
- Identify improvements and efficiencies in the disbursement process.