Location

This position can be based in the following city: Sao Paulo, Brazil

We improve lives

About this position

We are looking for a Corporate Governance Lead Officer/Senior Officer, who will support the design and implementation of IDB Invest’s operations, ensuring that the financed projects and other activities are sustainable, comply with the IDB Invest’s policies, and internationally recognized best practices regarding corporate governance (“CG”).

You will work within the Environmental, Social & Governance (SEG) Division, part of the Risk Management Department (RSM) of IDB Invest. The CG team works with investment officers and clients to define the steps necessary to improve corporate governance, addressing compliance gaps vis-à-vis international best practices, identifying opportunities to proactively add value and contribute to long-term development impact and sustainability. The CG team focuses specifically on CG risks and opportunities, working with companies, boards of directors, and senior management, as well as engaging in market activities with the overall objective of improving governance and thereby enhancing sustainability.

The CG team is responsible for reviewing and appraising proposed IDB Invest operations for compliance with the IDB Invest’s CG Guidelines, as well as deploying technical assistance and developing new CG procedures, tools and products as needed. CG team members develop recommendations and requirements for client action and incorporate these into applicable internal and client-related documentation to facilitate financing; monitor the CG performance of operations in the IDB Invest portfolio; and work to mobilize technical support for clients to improve the governance outcomes of operations. Members of the CG team work closely and coordinate with other organizational teams of IDB Invest and the IDB Group as a whole, as needed, to accomplish these functions.

What you’ll do

• Provide strategic and senior-level technical expertise on CG and conduct assessments in IDB Invest’s operations, factoring in industry best practices and standards;
• As part of CG, identify key weaknesses, risks and areas of improvement and ensure that potential CG risks are well understood by clients and project teams;
• Lead engagement with clients to define and agree on CG improvement plans needed to minimize and mitigate potential CG risks and add value to operations;
• Oversee and coordinate with CG Officers to ensure effective implementation of mitigation measures across projects;
• Mobilize and supervise technical support for CG advisory services and guide officers in the execution of projects, including drafting of relevant documents, hiring, and reviewing output;
• Provide internal and external clients with capacity building on CG-related topics by designing and conducting knowledge-sharing initiatives
• Lead the development and periodic update of guidelines, tools and training materials to facilitate the implementation and dissemination of best practices in CG;
• Deliver high-level presentations, briefings, and training sessions to internal and external audiences to promote behavioral changes in the field of CG.

What you'll need

• Education: An advanced degree in Law, Business Administration, Economics, International Relations, or other fields relevant to the responsibilities of the role;
• Experience: At least six years of relevant professional experience (candidates with ten or more years of experience are highly desirable).
• Languages: Oral and written professional proficiency in English and Portuguese required; knowledge of Spanish highly desirable.

Requirements

• Citizenship: You are either a citizen of Brazil or a non-citizen eligible to obtain residency or authorization to work in the country in which you are to be assigned without the need for sponsorship by IDB Invest.
• 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 supports employees in planning for their future;
• Hybrid and flexible work schedules;
• Health and wellbeing: access to our Health Services Center which provides preventive care and health education for employees;
• Development support: 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.

#IDBInvest