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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

We are looking for an experienced Second Line Procurement Risk Management Consultant to conduct quality assurance and risk reviews of assigned projects in preparation and to assess the current level of implementation of ex-post procurement reviews.

You will work in the Environmental and Social Risk Management Group of the Office of Risk Management (RMG/ESR). This team is responsible for quality assurance services for the project, fiduciary, environmental and social risk management solutions of IDB-financed projects throughout the project cycle as well as portfolio monitoring and reporting. The Office of Risk Management facilitates the understanding, mitigation, and control of risks across the organization to optimize the use of the Bank’s capital and financial resources, to maintain its AAA-rating, and to ensure the Bank follows good international operational risk, and ESG standards.

What you’ll do

The key objective of this consultancy is to conduct quality assurance and reviews of project and portfolio procurement risks for assigned projects in preparation, contribute to quality improvements, lessons learned, and to build a repository of best practices. In addition, the consultant will.

The selected consultant will perform the following activities:

• Conduct quality assurance and reviews of project procurement risks for assigned projects in preparation: Implement the Group’s protocol for project procurement risk reviews. Recommend improvements to the protocol as needed.
• Assess the level of implementation of ex-post procurement reviews: Assess the current implementation of project procurement ex-post reviews. This assessment will be primarily based on project supervision documentation, on benchmarking with other MDBs, as well as on a limited number of interviews. The goals of this assessment are to:
  • Determine the status of implementation of ex-post reviews.
  • Identify critical residual risks.
  • Generate recommendations for quality improvements and integration of lessons learned

The consultant will prepare and deliver the following:

• Project procurement risk quality assurance reviews of (up to 10) IDB-financed projects per month.
• One (1) report on the assessment of the implementation of ex-post procurement reviews.
• One (1) repository of recommendations for quality improvements and integration of lessons learned.

What you'll need

• Education: Master’s degree (or equivalent advanced degree) in procurement, project management, portfolio management, risk management, or other fields relevant to the responsibilities of the role.
• Experience: At least 7 years of progressive experience in project, portfolio, and risk management, working with multilateral financial institutions, international non-government organizations, government agencies, or the private sector.
• Languages: Proficiency in English
  
  

Requirements

• Citizenship: You are a citizen of one of our 48-member countries.
• 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.

If consultant (Local Remote Modality): The selected candidate will not provide services from the Bank's office and will not be provided a physical space on the premises of the Bank's Country Office. The candidate selected will be responsible for setting up the space, and for having the equipment, internet, and phone accesses to accomplish these TORs, outside the Bank's office. Access to the Bank's systems will be arranged in coordination with the Bank.

Type of contract and duration

• Type of Contract: Products and External Services Consultant (PEC)
• Period of Contract: 12 months
• Work Location: Remote
  

What we offer

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.