HR Specialist – Compensation and Benefits Policies  

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 an experienced professional with solid analytical skills to join the Compensation, Benefits and HR Services Division (HRD/COB), reporting to the Compensation and Benefits Policies Team Leader. 

The team analyzes, designs, and administers compensation, payroll, and benefits programs for international and national staff assigned to Headquarters and the Country Offices. The organization’s Human Resources Services Center, responsible for the administration of key benefits program, also reports through this Division. 

What you’ll do:

• Serve as a subject matter expert in, benefits, mobility, and related topics developing technical analyses and recommendations for benefits programs, participating in the development of white papers and written documents, drafting, and conducting presentations, interfacing with management at all levels. 

• Working collaboratively with other HRD teams, the Legal Department, and other relevant stakeholders, become the technical expert in the  exercise of drafting new or updates to global benefits policies, regulations, and accompanying guidelines and procedures for Headquarters and Country Offices in the region,. 

• Provide support and advice on case management for high profile and/or complex cases. 

• Guide HR Business Partners and the HR Service Center on the administration and application of benefit policies. 

• Work closely with the HRD Crisis Management Team, as needed, to liaison and help coordinate measures to attend needs resulting from emerging crisis. 

• Review and improve Bank-wide benefits related communications, including information in the HRD website. 

• Mentor Analysts and more junior team members on relevant processes and best practices. 

What you’ll need 

• Education: Master’s degree or equivalent in human resources management, business administration, economics, accounting, organizational development, or other relevant fields relevant to the responsibilities of the role.
• Experience: At least 4 years of dynamic work experience relevant to the duties and accountabilities of the position. Demonstrated knowledge and understanding of compensation and benefits policies and programs in organizations with an international scope of operations. Demonstrated thorough understanding of compensation-related policies and proven experience guiding other stakeholders on their application.
• Languages:  Proficiency in English is required. Additional knowledge of one of the other Bank’s official languages (Spanish, French, or Portuguese) is preferable.

Key skills

• Learn continuously.  
• Collaborate and share knowledge.  
• Focus on clients.  
• Communicate and influence.  
• Innovate and try new things. 

Requirements

• Citizenship: You are a citizen of one of our 48-member countries. 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 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: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, Spouse Career Program, and others. 

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 [email protected] 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

The Inter-American Development Bank is committed to improving lives. Established in 1959, the IDB is a leading source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean. The IDB also conducts  groundbreaking research and provides policy advice, technical assistance, and training to public and private sector clients throughout the region. 

Follow us: 

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

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

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