INTER-AMERICAN DEVELOPMENT BANK's Corporate Profile

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INTER-AMERICAN DEVELOPMENT BANK

Multilateral

Company PR

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.

Who We Are

Business Profile

About the IDB Group

Our people are committed and passionate about improving lives in Latin America and the Caribbean, and they get to do what they love in a diverse, collaborative and stimulating work environment. At the IDB, we’re committed to improving lives. Since 1959, we’ve been a leading source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean. We do more than lending though. We partner with our 48-member countries to provide Latin America and the Caribbean with cutting-edge research about relevant development issues, policy advice to inform their decisions, and technical assistance to improve on the planning and execution of projects. For this, we need people who not only have the right skills but also are passionate about improving lives.

What We Do

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.

Work Environment

Office Environment and Culture

Our diverse 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.

HRD System

Benefits

Staff benefits • 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 which covers medical, dental, vision, preventive care, and prescription drugs. • Pension plan: pre-defined pension plan that provides financial security and support 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, mobility options, among others. • Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, Spouse Career Program, and others. Consultant benefits • A competitive compensation package • 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

Company Information

Year Founded

1959

Headquarters

Washington DC

Number of Employees
More than 5000 around the world
(as of 2022/10)
Office Locations

The IDB has offices in all 26 countries of Latin America and the Caribbean where it finances programs and projects. Two additional offices focus on resource mobilization with donors. The Madrid office serves the Bank's European member countries and Israel; the Tokyo officeis for China, Japan and South Korea.