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About this position

We are searching for a Counsel – Staff position for the Corporate and Infrastructure Legal Division of the Legal Department at one of the IDB Group Country Offices in the Region, focusing on the substantive areas referenced below.

Our Legal 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, the Legal Department provides 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, institutional integrity and administration of human resources.

What you’ll do

Your main functions and responsibilities shall include the following, which involve different levels of expertise and complexity depending on your seniority.

• Participate in project teams by providing expert legal advice in the origination, eligibility, due diligence, structuring, drafting, negotiation, documentation, closing and disbursement of NSG lending, guarantee and technical cooperation activities ranging in levels of complexity.
• Provide legal advice on moderate to complex portfolio administration matters, including amendments and waivers of financing documentation, as well as restructurings, workouts and litigation relating to impaired assets.
• Coordinate cross-functionally with Investment Officers as well as Credit Risk, Environmental, Social and Governance, and Portfolio Management groups to ensure effective and efficient deal and post-deal execution.
• Support the drafting and regular updating of model financing documentation.
• Identify creative legal solutions to effectively lead NSG operations ranging in levels of complexity.
• Work collaboratively with attorneys from other multilateral development institutions to address a broad variety of complex legal issues.
• Keep abreast of trends in legal issues across deals. Promote knowledge sharing and creative products and services with relevant stakeholders across IDB Invest.
• Provide legal and strategic advice on the development and interpretation of IDB Invest policies, procedures and products.
• Support the delivery of trainings on matters relevant to NSG operations.
• Coordinate the selection and supervision of outside counsel services in a cost-effective manner.

What you’ll need

In addition to the above, you should have demonstrated professional experience in complex cross-border commercial transactions in one of the following areas :

Requirements

Type of contract and duration

Staff : National 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 :

Our culture

At the IDB Group, we work so everyone brings their best and authentic selves to work while finding their purpose. Our people consistently strive for excellence, and we recognize and celebrate the impact of their contributions. We welcome individuals from underrepresented groups to join us and share their unique perspectives. We ensure that individuals with disabilities are provided reasonable accommodations to participate in the job interview process. If you require an accommodation to complete this application, please email us at accommodations@iadb.org.

Our Human Resources Team reviews carefully every application.

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