Job Description

Post of duty: Washington D.C.

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:

The Regional Economic Advisor of the Southern Cone Department is looking for a professional who is pursuing or has recently completed his/her master studies with experience and/or expertise in economic analysis to support the regional economic advisor in policy dialogue and macroeconomic monitoring, to be hired as an intern under the Consultant (CNS) modality.

The team's mission:

The IDB is a long-term development partner in the Southern Cone Region in general, with a substantial portfolio across many sectors. This necessitates accurate assessment and guidance of the IDB’s actions within the country if development goals are to be met in an effective manner. The IDB Department for Southern Cone Countries (1) support the development, processing, negotiation and administration of projects and programs; (2) lead and maintain relations with governments and civil society members; (3) support the routine implementation of operations; and (4) monitor project-related procurement activities within the country. The Department monitor the region’s macroeconomic environment, conduct economic and sector studies, and organize workshops to strengthen knowledge capacity. Given this context, fulfilling the goals and vision of the IDB Department for Southern Cone Countries requires the strategic, administrative and technical abilities of a research assistant, to support the country economists in policy dialogue, macroeconomic monitoring and economic analysis.

What you’ll do:

Support the Regional Economic Advisor in carrying out development-oriented research, macroeconomic data gathering and analysis, and Bank’s documents preparation and review.

• Provide support in the design and preparation of the department’s research agenda. Key research products, reports, and policy brief notes will be delivered (potentially as a co-author).
• Identify, compile, and organize databases.
• Support macroeconomic monitoring activities.
• Perform econometric and statistical analyses.
• Perform computer programming.
• Prepare literature reviews.
• Prepare draft documents.
• Synthesize and translate research into implications for policy and best practices.
• Assist in the organization of workshops, meetings and other activities.
• Coordinate and maintain close communication with the Bank´s country economists,
• Participate in Bank staff meetings.
• Other activities as deemed necessary

  What you'll need:

  • Education: Bachelor’s degree (or equivalent degree) in Economics, International Relations, Public Policy or other fields relevant to the responsibilities of the role.
  • Experience: At least 2 years of progressive experience in economic analysis and research assistantship
  • Languages: Proficiency in English and one of the other Bank official languages (Spanish, French or Portuguese) is required.

    Key skills :

    • Learn continuously.
    • Collaborate and share knowledge.
    • Focus on clients.
    • Communicate and influence.
    • Innovate and try new things.

      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.

        Type of contract and duration:

        • Type of contract: International Consultant Full-Time.
        • Length of contract: 24 months.
        • Work Location: On site.

          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 packages.
          • Leaves and vacations : 2 days per month of contract + gender- neutral parental leave.
          • Health Insurance : the IDB Group provides a monthly allowance for the purchase of health insurance.
          • Savings plan : ​​​​​​​The IDB Group cares about your future, depending on the length of the contract, you will receive a monthly savings plan allowance.
          • We offer assistance with relocation and visa applications for you and your family when it applies.
          • Hybrid and flexible work schedules.
          • Development support: We offer learning opportunities to boost your professional profile such as seminars, 1:1 professional counseling, and much more.
          • Health and wellbeing: Access to our Health Services Center which provides preventive care and health education for all employees.
          • Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, and others.

            Our culture:

            At the IDB Group we work so everyone brings their best and authentic selves to work, willing to try new approaches without fear, and where they are 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 reasonable accommodation to participate in the job interview process. If you are a qualified candidate with a disability, please e-mail us at [email protected] to request reasonable accommodation to complete this application.

            Our Human Resources Team reviews carefully every application.

            About the IDB Group:

            The IDB Group, composed of the Inter-American Development Bank (IDB), IDB Invest, and the IDB Lab offers flexible financing solutions to its member countries to finance economic and social development through lending and grants to public and private entities in Latin America and the Caribbean.

            About IDB:

            We work to improve lives in Latin America and the Caribbean. Through financial and technical support for countries working to reduce poverty and inequality, we help improve health and education and advance infrastructure. Our aim is to achieve development in a sustainable, climate-friendly way. With a history dating back to 1959, today we are the leading source of development financing for Latin America and the Caribbean. We provide loans, grants, and technical assistance; and we conduct extensive research. We maintain a strong commitment to achieving measurable results and the highest standards of integrity, transparency, and accountability.

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