Job Title: IDB LAB EQUITY INVESTMENTS IN START-UPS CONSULTANT (LAB/INV)

IDB LAB EQUITY INVESTMENTS IN START-UPS CONSULTANT (LAB/INV)

IDB Lab is looking for a dynamic and client-oriented individual to support the investment officers in equity investment operations as part of its Investment Unit team in headquarters.

Background:

 IDB Lab is the innovation laboratory of the Inter-American Development Bank Group. It mobilizes financing, knowledge, and connections to support entrepreneurs to catalyze innovation that can drive inclusion in Latin America and the Caribbean (LAC). IDB Lab believes that innovation is a powerful tool that can transform this region, as it provides with unprecedented opportunities to solve long-standing problems that are preventing vulnerable populations to improve their quality of life.

For over 25 years, IDB Lab has been using of a range of reimbursable financing instruments, from equity investments in early-stage companies with high impact and high growth models to investments in venture capital (VC) funds, for which IDB Lab has been an instrumental anchor investor helping to shape the VC industry in LAC. IDB Lab has been also testing and deploying new venture debt instruments to advance its strategy. IDB Lab also leverages third party financing to achieve its developmental goals, including environment and climate-oriented funds aligned with its strategies.

The Team: -

The Investment Unit (INV) at IDB Lab is the unit responsible for originating and managing the portfolio of reimbursable operations.  IDB Lab Investment Unit has a systemic role of filling key funding gaps, bridging key connections in different fields (e.g., public and private) and mobilizing key ecosystem resources to support specific ventures with outstanding socioeconomic or environmental impact potential. IDB Lab adds relevant value to those ventures during their business consolidation and expansion and fosters their impact towards solving some of the most pressing development and inclusion challenges of different sectors in LAC (Fintech, Edtech, Healthtech, Agtech/Biotech, etc.).

What you’ll do:

• Support the origination of deal flow that could become potential investment opportunities by working and developing relationships with public and private institutions that support entrepreneurs (venture capital funds, accelerators, etc.), as well as with the Investment Officers in the different countries across the region.
• Provide support in the assessment of investment opportunities in high impact and high growth startups, including co-leading or participating in due diligence, financial modeling and valuation analysis, market and exit analysis, among others.
• Provide support to the preparation of investment terms with high impact and high growth startups, alongside with Investment Officers, legal and compliance teams.
• Prepare investment memoranda as well as other operational and strategic documents related to IDB Lab’s equity investments in start-ups.
• Create decks and other materials to support investor relations and reporting, fundraising, and business development opportunities.
• Support the supervision of positions within the IDB Lab’s financial portfolio, particularly the direct equity investments in early-stage firms, adding value to foster these firm’s impact and growth.
• Provide input to IDB Lab’s equity investments in start-ups thesis to achieve development objectives (impact, innovation), while also generating expected financial returns.

What you'll need:

• 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. 
• Education: ​Bachelor’s degree or equivalent (in areas related to Finance, Business, or related field). CFA will be highly valued.​  
• Experience: At least four years of experience in investments, preferably venture capital, with relevant transactional track record (including the preparation of Investment Memoranda, presentation to Investment Committees, terms and conditions negotiations). Experience in Latin America and the Caribbean will be highly valued. Work experience in top-tier startups, venture capital and private equity funds, or M&A, with LAC exposure, is a strong plus.
• Languages: ​ Oral and written proficiency in English and Spanish is required; knowledge of Portuguese and/or French is a plus.

Key skills:  

• Excellent analytical and quantitative skills with strong attention to detail and strong financial modeling/valuation skills.
• Strong organization and writing skills.
• Ability to work effectively and efficiently under pressure.
• Demonstrated commitment to promoting inclusion and diversity in the workplace.
• The candidate should also be motivated and highly effective in a team environment.
• Knowledge of IDB Lab/IDB processes is a plus.

Opportunity Summary:

• Type of contract and modality: Consultant Full-Time  
• Length of contract: 12 months.
• Location: Washington DC.
• Requirements: You must be a citizen of one of the IDB’s 48 member countries and have no family members currently working at the IDB Group.  

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 reasonable accommodation to complete this application. 

Our Human Resources Team reviews carefully every application.  

COVID-19 considerations: the health and safety of our employees are our number one priority. As a condition of employment, IDB/IDB Invest requires all new hires to be fully vaccinated against COVID-19.  

Primary Location

 HQ-US-Washington DC

Job Posting

 Feb 6, 2023, 9:00:00 PM

Closing Date

 Feb 21, 2023, 8:59:00 PM

: HR Service Center

: hrsc@iadb.org