Fiscal Management Specialist / Senior Specialist

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Company presentation

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.

The Bank’s current focus areas include three development challenges – social inclusion and equality, productivity and innovation, and economic integration – and three cross-cutting issues – gender equality and diversity, climate change and environmental sustainability; and institutional capacity and the rule of law.

 

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Job description

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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 Fiscal Management Division (IFD/FMM) supports the efforts of governments in Latin America and the Caribbean region with strengthening fiscal policy and management at both the national and subnational levels to foster economic growth and reduce inequality and poverty. We are looking for a fiscal expert to help influence fiscal policies and identify institutional change needs, as well as develop new ideas for public finance improvement in the region.

Our main areas of work are tax policy and administration, public expenditure policy and management, subnational fiscal policy and management, fiscal sustainability as well as macro-fiscal policy and fiscal transparency. To this end, activities related to fiscal policy include design projects to reform tax policy, public spending policy, advisory and technical assistance on specific issues, as well as knowledge generation to guide our evidence-based interventions and learn from our work.)  

 

What you’ll do:

  • Lead and/or participate in the design and negotiation of lending operations (e.g., investment, credit lines, policy and results based) to support fiscal reforms, as well as in the execution of projects in portfolio.
  • Provide input into and policy dialogue with country authorities to improve fiscal policy at national and subnational levels.
  • Collaborate with Bank specialists on the design of fiscal projects, as well as promote innovation of our knowledge and operational work.
  • Generate opportunities and improve the business performance and development effectiveness of the Division.
  • Provide technical support in projects and initiatives, including use of digital technologies in fiscal management.
  • Develop successful strategic alliances with national institutions, other international development partners and external networks.
  • Contribute to the development of new opportunities to further the knowledge agenda, including public finances institutions, fiscal policy, tax administration and expenditure management.

 

What you’ll need

  • Education: Master’s degree (or equivalent advanced degree) in engineering, economics, public policy, technology, or other fields relevant to the responsibilities of the role.  Doctoral studies in the same areas will be considered a plus.
  • Experience: At least 6 years of practical experience in technical positions in governments, consultancy, international organizations and/or academia analyzing fiscal issues. Some experience in leading fiscal modernization projects, as well as a sound understanding of fiscal policies is required. Candidates should be familiar with best international practices in fiscal institutions. A good understanding of and experience in the use of technology in modern fiscal management is also key. Research and policy papers on public finance related topics will also be considered.
  • Languages:
    • Proficiency in Portuguese and one of the other Bank official languages (English, Spanish, or French) is required.

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 

  • National contract if a national of Brazil or national of one of our member country with valid work permit for Brazil.
  • International contract if not a national of Brazil or national of one of our member countries without valid work permit for Brazil.
  • 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 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

The Inter-American Development Bank is devoted 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 cutting-edge 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/

 

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More details

Working hours (%): 80-100%

Macro-area: Latin America and the Caribbean

Level of experience: Senior Professional, more than 5 years

Area of work Definition: Banking and Finance

Type of organisation: Multilateral Organisations

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