Post of duty: Washington, DC – USA.
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 (LAC). Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.
About this position:
The Fiscal Management Division (IFD/FMM) is looking for a consultant with extensive experience in fiscal policy and management, including growth, informality, equity and climate change issues, as well as expertise in fiscal information management.
Founded in 1959, the Inter-American Development Bank (\"IDB\" or \"Bank\") is the main source of financing for economic, social, and institutional development in Latin America and the Caribbean. Providing loans, grants, guarantees, policy advice, and technical assistance to the public and private sectors of their borrowing countries.
For several decades, the countries of LAC have faced the structural challenges of low growth, high inequality, and recurring episodes of fiscal instability, all of which have been compounded by climate change-related challenges. Fiscal policy and management can help to tackle these challenges both directly, through government fiscal actions, and indirectly, by altering the behavior of individuals and companies through changes in their incentives. In LAC, however, the contribution of fiscal management to addressing these challenges has been constrained by weaknesses in institutional and policy frameworks. Therefore, more evidence is needed to formulate Evidence-Based Practices (EPBs) that lead to a higher collection, equity, and efficiency of public spending.
Ministries of Finance in the region are seeking support to develop methodologies and instruments to increase their contribution to climate change commitments through fiscal policy and management. The areas in which there is demand for technical assistance are: (i) evaluation of the fiscal implications of the strategies transition to low-carbon and resilient economies and their financing; (ii) incorporation of the climate dimension in spending and public investment management; (iii) application of environmental tax policies; and (iv) strengthening of the roles of the Ministries of Finance in matters of climate change. Furthermore, it is important to extend the methodology of technical and allocative efficiency of spending to prioritize climate change spending along with strategies to strengthen carbon pricing in the region.
The Institutions for Development Sector (IFD) is responsible for conceptualizing, preparing, supporting the execution, and supervising the Bank's operations related to governance, strengthening and reform of the public sector, decentralization, economic and fiscal issues, and market development. Capital and financial institutions, and competitiveness at the national, regional, and local levels.
The Fiscal Management Division (IFD/FMM) has the primary purpose of supporting the governments of Latin America and the Caribbean to strengthen fiscal policy and management, both at the national and sub-national levels, to promote economic growth and reduction of inequity and poverty. To support the countries in this task, FMM finances projects to promote development through the following areas: (i) tax policy and administration; (ii) public spending policy and management; (iii) subnational fiscal policy and management; (iv) fiscal sustainability and macro-fiscal policy; and (v) fiscal transparency.
What you’ll do:
- Provide technical inputs and participate in the technical review processes of the knowledge products prepared within the framework of the Work Plan of the Regional Platform of Ministers of Treasury, Economy, and Finance of Latin America and the Caribbean.
- Contribute to the design and execution of experience exchange activities between the member countries of the Platform.
- Support in the strategic coordination and operational monitoring of the Division's work in corporate initiatives related to fiscal management and climate change.
- Provide technical inputs on the implementation of the Global Minimum Tax in Latin America and the Caribbean.
- Support the division on the design of roadmaps for the implementation of Cooperative Compliance Programs, aimed to reduce deficits in tax compliance and institutional trust to increase revenues.
- Make presentations on the progress and findings of the investigations carried out and advise FMM specialists on their applicability in future IFD/FMM projects.
What you’ll need:
- Education: Master's degree in Economics, Public Policy or Law, with solid knowledge of Fiscal / Applied Economics.
- Experience: At least 10 years of practical experience in technical positions within governments, international organizations, and/or academia on the implementation of fiscal policies.
- Languages: Fluency in Spanish and English required.
Core and Technical Competencies:
The consultant must also possess flexibility and versatility to work on a wide range of fiscal problems and apply different econometric and data management techniques, as well as provide inputs in projects of the Division and under the supervision of senior specialists.
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: 12 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 cultureAt 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 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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