Division Chief – Fiscal Management Division

Division Chief – Fiscal Management Division

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 Institutions for Development Sector (IFD) of the Inter-American Development Bank (IDB) is tasked with strengthening institutions and policies to foster public sector management and private sector development to improve the lives of people across the Latin America and the Caribbean (LAC) region. IFD conceptualizes, prepares, implements, supervises, and evaluates operations in the areas of governance and public sector strengthening and reform, including fiscal management and service delivery to citizens; financial markets; technology, competitiveness and innovation; and digital transformation.

The Fiscal Management Division (IFD/FMM) supports the efforts of national and subnational governments in Latin America and the Caribbean region to strengthen fiscal policy and management to foster economic growth and reduce inequality and poverty.

Our Division’s primary areas of work include tax policy and administration, public expenditure policy and management, subnational fiscal policy and management, fiscal sustainability, macro-fiscal policy and fiscal transparency. Accordingly, our activities related to fiscal policy encompass designing projects to reform tax policy and public spending policy. We also provide advisory and technical assistance on specific issues and generate knowledge to guide our evidence-based interventions and learn from our work.

What you’ll do : This is a strategic managerial position to lead, steer and shape the Bank’s support through the Fiscal Management Division to address the vulnerabilities of the Latin America and the Caribbean region, unlock its potential to foster transformative social and economic progress, and actively combat climate change.

You will:

• Provide strategic leadership to guide the Bank’s agenda and advise senior management in relevant policies, strategies, guidelines and initiatives for the Bank and regional member countries in the areas of responsibility of the Division.
• Remain abreast of innovative knowledge in the field, including the latest innovations and insights, evolving international standards (OECD, G20), and long-term foresight about structural trends in the region, as well as generate and oversee policy-relevant research and knowledge products in the areas of competence of the Division.
• Conduct high-level policy dialogue with government authorities and handle the timely provision of high-quality analytical and advisory services to client countries.
• Supervise the identification, preparation and delivery of high-quality, tailor-made loan operations and technical assistance grants.
• Ensure the alignment with country strategies and lead the dialogue with country representatives on the scope of Bank support in the areas of responsibility of the Division.
• Supervise the strategic directions of the Division, manage the Division's core management team, ensure quality control of its operations, and provide direct and indirect line management to its staff.
• Manage a highly skilled interdisciplinary and multi-cultural team of professionals, located in both headquarters and country offices within the region; lead, mentor, establish goals and expectations, handle performance, provide feedback and plan recruitments to optimize staff performance; and promote information sharing within the Division, contributing to coherence, consistency and collaboration between employees.
• Foster internal and external coordination, maintaining a continuous dialogue with other sector divisions of the Bank, and strengthening strategic partnerships with other international and regional organizations.
• Represent the Bank in relevant regional and international initiatives, public forums, conferences and seminars as speaker, panelist, and participant.

What you'll need

• Education: Master’s degree (Ph.D. preferred) in Economics, Public Policy with concentration in Economics and/or Public Finance, Public Finance, Development Economics, or other fields relevant to the responsibilities of the role.
• Experience: At least 10 years of relevant experience in government, bilateral aid agency or multilateral institution. Track record of handling high-performance teams supporting the design and implementation of loan and grants programs to strengthen government institutions and improve public services. Experience working with a wide range of aid instruments (policy-based lending, investment loans and technical assistance grants). Proven in-depth technical knowledge in one or more areas under the purview of the Division and exposure to Latin America and the Caribbean’s governance challenges.
• Languages: Proficiency in English and Spanish, spoken and written, is required. Additional knowledge of French and Portuguese is preferable.
• Promote Diversity, Equity, Inclusion and Belonging
• Build Lean and Versatile teams
• Lead change and Transformation
• Create Partnerships

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 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 innovative research and provides policy advice, technical assistance, and training to public and private sector clients throughout the region.

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