IDB Lab - Development Effectiveness Impact Officer (Senior Associate)

Company: IDB Invest
Location: Washington
Posted on: September 3, 2024

Job Description:

IDB Lab - Development Effectiveness Impact Officer (Senior Associate)Location: Washington, DC.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 positionIDB Lab is searching for an Impact Officer to continue developing IDB Lab's Development Effectiveness (DE) function, including project and portfolio impact and performance measurement and management initiatives. IDB Lab is in the process of upgrading its DE function and aligning it to its renewed value proposition for the period 2025-2032. A robust DE function is an integral part of this value proposition.The Strategy, Knowledge, and Impact unit supports IDB Lab in the development of strategy, connections and knowledge, and impact and performance measurement and reporting. This position will support the development of all DE aspects at IDB Lab, including the deployment of IDB Lab's new impact model, the Innovation Results Framework (IRF), the digital transformation of its DE function, continued adjustment of the results architecture to reflect the nature of a laboratory, with early-stage, higher-risk, entrepreneurial and experimental business models, and the consolidation of the results function within the IDB Group. A focus on IDB Lab's impact on the improvement of the lives of those who are excluded, the poor, and the vulnerable is particularly important.What you'll do:

• Design and implement project/program assessments, thematic/sector reviews, and studies' systemic, catalytic, and demonstration effects. Project/program assessments include, but are not limited to ex-post evaluations, impact evaluations, and thorough testing of new products and services.
• Facilitate the inclusion of lessons learned into the design of new projects and provide advice for the implementation of ongoing projects. Participate in the preparation of knowledge products focused on development effectiveness.
• Report on development effectiveness data to inform the Corporate Results Framework, Development Effectiveness Overview, pitch books, and other communication products. Facilitate cooperation with other MDBs on development effectiveness matters.
• Ensure accurate reporting of all IDB Lab DE results and data. You will work with project teams, clients, and with IDB and IDB Invest to ensure the quality of the results and data produced by IDB Lab's different DE platforms. You will identify problems and address them, working closely with IDB Lab's Chief Technology Officer (CTO).
• Support in the implementation of the Innovations Results Framework (IRF). You will work to deploy the IRF, including the different IRF components and concepts to be rolled out over time, including new approaches to measuring impact, new approaches to poverty, climate, or other concepts, and updates to IDB Lab's indicator catalog.
• Assist in the implementation of the digital transformation of DE. You will work with business units and with the CTO to continue to advance the digital transformation of all aspects of DE. This can include upgrading of DE tools with digital technology, as well as the development of novel approaches to main DE functions, enabled by advances in digital technology.
• Help supervise Development Effectiveness services currently provided by IDB Invest. You will work with and serve as a liaison with IDB Invest's development effectiveness services provided to IDB Lab under the IDB Lab's Service Level Agreement (SLA). You will also work with IDB Lab staff to coordinate all communications regarding development effectiveness activities.
• Ensure top-level standards of impact measurement. You will work to ensure that IDB Lab standards and definitions are updated and aligned with IDB Group standards on measurement of issues such as impact and results, poverty and vulnerability, resource mobilization, measurement of innovation, measurement of scale, etc. You will work with top industry leaders to ensure that standards evolve to be at the vanguard of measurement for an innovation lab. You will work to ensure that corporate priorities, such as the Lab's impact on the poor and vulnerable, gender and diversity, and climate, are measured at the project and portfolio level.
• Support corporate reporting. You will support business units in the preparation and presentation of all main corporate reporting publications, including the IDB Group's Impact Framework (IF), the IDB Group's Development Effectiveness Overview, IDB Lab's IRF, and any other periodic reporting, as needed. In addition, you will support periodically sharing the impact and result in different fora.What you'll need:Education: You hold a master's degree (or equivalent advanced degree) in economics, finance, business administration, business strategy, or another relevant field.Experience: You have a minimum of 3 years of professional work experience in impact measurement or business strategy. A solid understanding of similar innovation-focused development organizations is essential. Knowledge and/or experience in Latin America and the Caribbean is needed. Strong project management skills and experience managing sophisticated projects, developing and implementing innovation, as well as the ability to engage stakeholders across different levels of the organization. Advanced computer skills, including word processing, Excel, monitoring tools, databases (Airtable is a plus), and CRM tools (Salesforce is a plus).Languages: Full proficiency in Spanish and English is required. Proficiency in other official IDB Invest languages (French and/or Portuguese) is a plus.Key Skills:
  • 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. We may offer assistance with relocation and visa applications for you and your eligible dependents.
    • 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 supports 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 wellbeing: Access to our Health Services Center which 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, and mobility options, among others.
      • Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, Spouse Career Program, 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 diversity@iadb.org to request a reasonable accommodation to complete this application.Our Human Resources Team reviews carefully every application.A candidate has been pre-identified for this position and may apply. However, this remains a competitive process and other qualified candidates are encouraged to apply and will be duly considered.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 Lab:IDB Lab is the innovation laboratory of the IDB Group, the leading source of development finance and expertise for improving lives in Latin America and the Caribbean. The purpose of IDB Lab is to drive innovation for inclusion in the region, mobilizing financing, knowledge, and connections to test early-stage private sector solutions with the potential to transform the lives of vulnerable populations affected by economic, social, and environmental conditions. Since 1993, IDB Lab has approved more than US$ 2 billion in projects deployed across 26 countries in Latin America and the Caribbean.Follow us:https://www.linkedin.com/company/idblab/Washington DC, United States - Headquarters
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Keywords: IDB Invest, Washington DC , IDB Lab - Development Effectiveness Impact Officer (Senior Associate), Healthcare , Washington, DC