IDB Invest – Blended Finance Managing Director

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Business Leader
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2400000927 Requisition #

IDB Invest – Blended Finance Managing Director

Washington D.C. 

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 Financial Solutions, Mobilization, and Asset Sharing (FSM) Department. This department will support the industries and regions department in structuring transactions, mobilizing assets for investors, and managing the equity business.

About this position

We seek a dynamic and experienced leader to join as Blended Finance Managing Director.

The candidate should be an experienced banker with significant expertise in emerging markets and concessional finance and strong relationships with commercial banks, donors, and development finance institutions.

As Blended Finance Managing Director, you will report directly to the Chief Products Officer and be responsible for achieving the blended finance targets.

Main Responsibilities: 

  • Supervise and coordinate the deployment of IDB Invest concessional funds.
  • Advise operations teams to structure and implement blended finance solutions that rebalance risk-reward profiles, with a focus on maximizing additionality and development impact.
  • Oversee the timely and consistent deployment of concessional resources in line with IDB Invest’s strategic priorities and in accordance with the Development Finance Institution (DFI) Blended Finance Principles.
  • Coordinate the distribution of technical assistance funds across different units within IDB Invest that offer advisory services, technical cooperation, and execute upstream initiatives.
  • In collaboration with IDB Group’s Office of Outreach and Partnerships, develop and implement IDB Invest fundraising strategy and position IDB Invest as the partner of choice for channeling concessional resources to the private sector in Latin America and the Caribbean.
  • In collaboration with IDB Group’s Grant and Co-financing Management Unit, ensure full compliance with donor agreements, including fiduciary, reporting, and operational obligations.
  • Act as a public spokesperson for IDB Invest on concessional finance, presenting to the Board, external donors, Development Finance Institutions (DFIs), philanthropies, and other stakeholders.
  • Lead efforts to capture and disseminate knowledge products on concessional finance, contributing to thought leadership in this space.
  • Oversee the unit’s operations and ensure that donor fees and other financial resources are used effectively.
  • Streamline processes and systems to reduce duplicative tasks, improve funds accessibility, and contribute to corporate efficiency goals.
  • Administer funds for advisory services.
  • Lead a high-performing team, providing mentorship and guidance to ensure delivery excellence.

Requirements

  • At least 10 years of relevant experience as a banker with a proven business track record. Expert in emerging markets investments, with a strong focus on concessional finance. Strong relationships with private commercial bank, donor or development finance institutions.
  • 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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