At a Glance
- Tasks: Support teams in structuring and closing impactful financial transactions across the Caribbean.
- Company: Join IDB Invest, a leader in sustainable development for Latin America and the Caribbean.
- Benefits: Enjoy competitive pay, generous leave, health insurance, and professional development opportunities.
- Other info: Flexible work schedules and a culture that values diversity and inclusion.
- Why this job: Make a real difference in financial inclusion and economic growth in the Caribbean region.
- Qualifications: Bachelor's degree in Finance or related field and 2 years of relevant experience.
The predicted salary is between 63000 - 77000 £ per year.
We Improve Lives IDB Invest is the private sector arm of the IDB Group committed to supporting the sustainable development of Latin America and the Caribbean through the private sector. Our mission is to finance, structure, and mobilize capital for companies and projects that support economic growth, resilience, and long-term development across the region. IDB Invest operates in 26 countries, structured across four geographic regions and three industry verticals: Infrastructure and Energy, Financial Institutions, and Corporates.
As part of its evolving business model, “Originate to Share,” IDB Invest is expanding its capacity to mobilize private capital and scale development impact across Latin America and the Caribbean, supported by a $3.5 billion capitalization from its shareholders. The model strengthens IDB Invest’s ability to originate high-quality assets, structure innovative financial solutions, and connect global capital with opportunities across the region.
Responsibilities
To deliver on the above-mentioned, “Originate to Share” business model, IDB Invest has reorganized its structure. As part of this transformation, the newly created Regions Department (RGS), in partnership with the public‑sector arm of the IDB Group, manages relationships with national governments through dual reporting and oversight of the IDB Group Country Representatives. Additionally, RGS, under dual reporting with the Industries and Cross‑Cutting Themes Department (ICT), supervises the Delivery Units responsible for executing operational programs, managing client relationships at the country level, and leading upstream pipeline development for IDB Invest.
The Delivery Units are responsible for:
- Establishing and maintaining client relationships.
- Building pipeline through upstream project and sector development.
- Transaction execution through the incorporation of multiple financial products including loans, guarantees, debt capital markets, equity and quasi-equity instruments, as well as resource mobilization and technical cooperation.
- Acting as the center of institutional knowledge and expertise for the sectors covered by the Division.
This integrated model enables Delivery Units to align business development with strategic priorities, enhance regional coordination, and ensure operational effectiveness across IDB Invest.
What you’ll do
- Support Team Leaders and project teams in the origination, structuring, negotiation and closing of high development impact transactions with banks, microfinance and other non-bank financial institutions that are consistent with IDB Invest’s operations policies and in the relationship management of potential clients.
- Support project teams throughout the transaction approval process by various levels of IDB Invest management and its Board of Directors, in accordance with established procedures, including coordination with the credit risk management, environmental and social safeguards, legal, mobilization and other internal units.
- Contribute to the financial and risk analysis of potential clients; and advise on the financial viability of projects.
- Participate with project teams in due diligences and carry out industry research on the financial sector.
- Participate in the negotiation of transaction contracts and related legal documents in coordination with project teams.
- Prepare, in coordination with project teams, project-related presentations, reports, spreadsheets, memos, among others, as needed.
What you'll need
Education: Bachelor’s degree or equivalent degree in Finance, Business Administration, International Development, or other fields relevant to the responsibilities of the role.
Experience: At least two (2) years of relevant employment experience as a financial analyst/associate or equivalent position at a financial institution or a consultancy firm.
Languages: Proficiency in English and one of the other Bank official languages (Spanish, French or Portuguese) is a plus.
Requirements
- Citizenship: Must be eligible to work in job location without the need for sponsorship.
- 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 staff contract, 36 months initially, renewable upon mutual agreement.
What we offer
- 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
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.
IDB Invest - Investment Associate - Financial Sector - Caribbean Region employer: IDB Invest
IDB Invest is an attractive employer due to its commitment to sustainable development and the opportunity to work on impactful projects. The collaborative work culture and focus on professional growth provide employees with unique advantages in their careers.
StudySmarter Expert Advice🤫
We think this is how you could land IDB Invest - Investment Associate - Financial Sector - Caribbean Region
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
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We think you need these skills to ace IDB Invest - Investment Associate - Financial Sector - Caribbean Region
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in IDB Invest and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
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How to prepare for a job interview at IDB Invest
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
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If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with IDB Invest.
✨Know Your Numbers
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✨Connect with Company Goals
Familiarise yourself with IDB Invest's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!
