We improve lives

IDB Invest is the private sector arm of the IDB Group and an international financial institution committed to addressing the development needs of Latin America and the Caribbean. Our mission is to support sustainable enterprises and projects that deliver financial results while maximizing social and environmental impact in the region.

IDB Invest operates in 26 countries, structured across four geographic regions and three industry verticals: Infrastructure and Energy, Financial Intermediaries, and Corporates.

In support of a new transformative business model “Originate to Share” our shareholders recently approved a $3.5 billion capitalization. This will allow IDB Invest to significantly scale up its investments, more than doubling annual financing from approximately $8 billion to $19 billion and unlocking greater private sector participation to drive development and climate impact across the region.

As part of the Risk Management Department (RSM), the Environmental, Social & Governance Division (SEG) is responsible for ensuring that IDB Invest financed projects and technical assistance are environmentally and socially sustainable with sound corporate governance. SEG specialists provide IDB Invest and its clients with guidance and participate in project teams and deliver technical input on social, environmental and corporate governance aspects during project due diligence and supervision. SEG is also responsible for the Access to Information platform (ATI), the engagement with civil society, and the Management Led Grievance Mechanism (MGM). Additionally, SEG provides support on environmental and social issues to the IDB Lab.

About this position

We are seeking a strategic, inspiring, and highly effective people leader to serve as Managing Director of the Environmental, Social, and Governance (ESG) Division. This leader will direct a high‑performing ESG team and play a pivotal role in supporting client policy compliance with IDB Invest’s Environmental and Social Sustainability Policy, strengthening IDB Invest’s value proposition to clients and stakeholders, and mitigating non-financial risks in IDB Invest financed projects.

The Managing Director of ESG will ensure that IDB Invest delivers high-impact ESG oversight, support the advancement of the sustainability and impact agenda, and demonstrate thought leadership. This role is central to positioning IDB Invest as a trusted knowledge partner and capacity builder, helping clients integrate best ESG practices into their operations, and supporting critical stakeholder engagement.

To safeguard institutional integrity, the Managing Director will operate with full independence from operational areas-upholding a robust framework of organizational checks and balances.

Reporting directly to the Chief Risk Officer, this position is an integral member of the risk leadership team. The Managing Director works regularly with the CEO, the Senior Management Team, and leaders from the Credit, Legal, and Investment functions, as well as clients, ensuring seamless coordination and end‑to‑end integration of ESG considerations across the institution.

What you’ll do

• Lead the strategy, vision, and execution of the ESG Division’s business plan, ensuring strong alignment with IDB Invest’s mission and priorities.
• Ensure all IDB Invest–financed projects and technical assistance meet environmental and social sustainability and corporate governance standards and comply with safeguard policies aligned with international best practices.
• Oversee the design and quality assurance of safeguard plans, including measures to avoid, minimize, mitigate, or compensate for impacts, and determine the involvement of third parties when needed.
• Strengthen safeguard and ESG management systems, tools, processes, and performance metrics to ensure continuous improvement and institutional consistency.
• Provide expert guidance to operational teams and clients throughout the project lifecycle on ESG risk management and impact assessment.
• Lead capacity‑building and training efforts for staff, clients, and partners to enhance ESG knowledge, commitment, and ability to manage risks effectively.
• Contribute to IDB Group Country Strategies, multi‑year business plans, guidance notes, and technical training materials.
• Promote coordination and alignment across the IDB Group on ESG and corporate governance matters.
• Capture, disseminate, and promote lessons learned, innovations, and best practices to position IDB Invest as a leader in sustainable investment.
• Drive sustainable business practices that maximize development impact across all client segments, from SMEs to large corporates, financial institutions, infrastructure, and energy.
• Engage effectively with senior management, the Board, committees, clients, and other stakeholders in a complex, matrixed organization.
• Monitor evolving market trends and clients’ needs to support investment flows toward more sustainable market segments.
• Manage and develop a diverse, interdisciplinary team, overseeing talent, performance, HR, and budget decisions while fostering an inclusive, high‑performing culture.

What you'll need

• Education: An advanced degree (at least Master’s, MBA, or equivalent) in environment engineering, economics, business administration, finance, development studies, law, political science, or another relevant field.
• Experience: At least 10 years of relevant experience (15 years of experience considered as a plus) and a proven track record of managing delivery safeguards and governance services, with 7 years at the senior leadership level.
• Languages: Proficiency in English and one of the other Bank official languages (Spanish, French or Portuguese) is required.

Requirements

• Citizenship: There are no citizenship requirements.
• 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.
• 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, 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.

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