Climate and Environment Managing Director
IDB Invest
IDB Invest is an international financial institution and the private sector arm of the IDB Group that aims to solve development needs in Latin America and the Caribbean. Our mission is to support sustainable enterprises and projects that achieve financial results while maximizing regional social and environmental development.IDB Invest operates in 26 countries grouped into four regions and three industries (Infrastructure and Energy, Financial Intermediaries, and Corporates).
IDB Invest's shareholders recently approved a $3.5 billion capitalization to support a transformative business model, "Originate to Share," to attract greater private investment that drives development and climate impact in Latin America and the Caribbean.This will enable IDB Invest to nearly double its annual regional investments from approximately $8 billion to $19 billion.
IDB Invest has reorganized its structure to implement this new business model, creating the Industries and Cross-Cutting Themes Department. This department will be essential in defining the value proposition and strategies, performing upstream work, and supporting clients in achieving impact.
About this position
We seek a dynamic and experienced leader to join as Climate and Environment Managing Director.
The candidate should be recognized as an international professional in climate change with significant expertise in advising the market and companies on climate mitigation and adaptation.
As Climate and Environmental Managing Director, you will report directly to the Chief Industries Officer and be responsible for achieving the climate targets.
What you'll do- Responsible for consolidating a Climate strategic vision aligned with the IDB Invest Business Plan, the Institutional Strategy of the IDB Group, and Upper Management views.
- Provide support on Climate Change topics to the Regions Department in its dialogue with governments regarding private sector engagement of IDB Invest.
- Provide Delivery Units with oversight and guidance in their strategic, tactic, and operational activities.
- Provide technical assistance and advisory services to clients on climate and environment supporting delivery units in achieving its impact targets.
- Define climate and environment priorities and roadmaps, including the definition of upstream work from a thematic perspective.
- Provide strategic leadership and alignment in climate and environment for developing key corporate, institutional, and IDB Group strategic initiatives.
- Articulate and generate actionable climate and environment-focused knowledge in coordination with regions and industry heads.
- Participate in delivering the annual program goals.
- Manage operational, human, and budgetary resources assigned.
- Coordinate with responsible units to fund advisory services and technical assistance.
- Coordinate with the new Office of Climate Change created within the IDB to promote synergies and collaboration between public and private sectors to offer the best solutions to clients.
- At least 10 years of relevant experience with a proven track record in the field and managing teams. Proven expertise across financial services, in-depth knowledge of climate and environment, and the private sector's role in Latin America and the Caribbean.
- Master's degree (or equivalent advanced degree) in Economics, Finance, Business Administration, Law, Engineering, or another relevant field.
- Proficiency in English and one of the other Bank's official languages (Spanish, French, or Portuguese) is required.
- There are no citizenship requirements.
- Consanguinity: 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.
What we offer
Our institution is committed to offering a competitive remuneration package that reflects the value and expertise of our candidates. This comprehensive package includes attractive cash compensation, performance-based variable pay, robust insurance coverage, and a pension plan.We believe in rewarding talent and ensuring our employees feel valued and supported in all aspects of their professional journey.
We offer an international staff contract, initially 36 months, renewable upon mutual agreement.
Our culture
At IDB Group, we work so that everyone brings their best and most authentic selves to work, is willing to try new approaches without fear, and is 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 with 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 a reasonable accommodation to complete this application.
Our Human Resources Team reviews carefully every application.
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Role: Other
Working hours (%): 80-100% / 100%