Job Description

Legal Department Counsel Consultant

Location:

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 IDB Invest Legal Department (GCL) is seeking a highly qualified and motivated professional to work together with our Institutional and Corporate Legal Affairs Division (GCL/ICL), focusing on the substantive areas referenced below.

Our department advises Management, the Board of Executive Directors and the Board of Governors on all legal matters relating to IDB Invest. As part of its functions, we provide a full range of legal support to non-sovereign guaranteed operations throughout the entire transaction cycle, including origination, portfolio management, and workouts, and the development of new products. Also, we provide legal advice on all institutional and financial matters for IDB Invest, including governance, financial management, corporate matters, institutional integrity and administration of human resources.

GCL/ICL aims to help IDB Invest administrative and operational teams achieve their business objectives in a manner consistent with IDB Invest’s policy and institutional requirements. Our broad portfolio spans advisory on intellectual property, information technology, capital market transactions, data privacy, resource mobilization, financial management, administration of human resources, compliance, litigation, and many other matters of strategic importance to IDB Invest.

What you’ll do:

You will assist our team of highly specialized counsel under the direction of our Managing Director. Your functions may include:

• Financial Management: Provide legal advice in relation to financial management and treasury operations, including the implementation of IDB Invest’s borrowing program in the international capital markets, derivatives transactions, negotiation of ISDA Agreements, disclosures, financial reporting to investors and interaction with regulatory authorities.
• IDB Invest Constituent Documents: Provide legal advice on IDB Invest’s basic documents as adopted by the Board of Governors, including the Agreement Establishing the Inter-American Investment Corporation, and on issues including the rights and obligations of member countries, capital subscriptions, issues of governance, and related policy initiatives.
• Institutional and Corporate Matters: Provide legal advice on institutional and corporate matters, such as privileges and immunities, regulatory issues, strategic institutional initiatives and policies, intellectual property, information technology and procurement.
• Resource Mobilization and Cooperation Arrangements: Provide legal advice related to the establishment of trust funds and agreements for co-financing and other resource mobilization and cooperation initiatives.
• Human Resources Administration: Provide legal advice on the design and implementation of personnel policies, including contract modalities and benefits; administration of IDB Invest personnel in IDBG Country Offices; administration of employee benefit trusts, including the Staff Retirement Plans; employee conduct and ethics; and the employee grievance system.
• Legal Disputes: Manage a diverse litigation portfolio, including in the IDBG’s Administrative Tribunal, national judicial and administrative systems in IDB Invest member countries, and arbitration. Supervise the representation of IDB Invest’s interests in such forums and negotiate resolution of disputes.
• Keep abreast of trends in legal issues and precedents across IDB Invest member countries and make recommendations for newly standardized approaches and updated practices accordingly. Promote knowledge sharing and innovative products and services with relevant stakeholders.
• Oversee the selection and supervision of outside counsel services in a cost-effective manner.

  What you'll need

  • Education: Graduate (master) Law degree (Juris Doctor, LL.M., or equivalent degree) from an accredited university.
  • Experience: At least 5 but less than 10 years of relevant experience.
  • Languages: Proficiency in Spanish and English, spoken and written, is required. Additional knowledge of French and Portuguese is preferable.
  • Soft Skills: Self-management, Team player, inclusive, innovative, and creative, flexibility, dependability, relationship building, results-driven, with strong communication skills.
  • Technical skills: Advance proficiency level in Microsoft Office Apps.

    Key skills:

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

      Requirements:

      • 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:

        • Type of contract: Consultant Full-Time.
        • Length of contract: 19 months, renewable up to 36 months at the sole discretion of IDB Invest .
        • Work Location: Washington DC

          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.
          • Leave 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.
          • Hybrid and flexible work schedules.
          • Health and wellbeing: Access to our Health Services Center which provides preventive care and health education for all employees.
          • Development support: We offer learning opportunities to boost your professional profile such as seminars, 1:1 professional counseling, and much more.

            
            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.

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