Contract Types
We offer a range of contract types to accommodate various ways of working with us. Recognizing the diverse skill sets needed across our region, we ensure that our contracts are designed to reflect these unique demands.
As a staff member, you will respond to critical functions to carry out our mission of improving lives in Latin America and the Caribbean from the private sector. Depending on where you are assigned, you have an array of benefits to support you throughout all the major moments of your lives as employees of our organization.
These positions are offered for an initial term of up to three years. Renewal of these contracts is contingent upon current business needs and the candidate’s performance.
Benefits for staff include:
- Leave and vacations: 2 days of vacation per month + 8 personal days + sick leave + gender-neutral parental leave.
- Health insurance: Employees and eligible dependents have access to a robust medical benefits program that covers medical, dental, vision, preventive care and prescription drugs.
- Pension plan: The plan provides financial security and supports employees in planning for their future.
- We offer assistance with relocation and visa applications for staff members/consultants and their families, when applicable.
For more information, please refer to our visas brochure.
Being a consultant in the IDB Invest means you will have the opportunity to immerse yourself in our work. You will be able to lead and support different projects and build your resume as a development professional in the areas you are most passionate about.
Consultants can work on specifically defined projects or services for a maximum of 36 months.
Benefits for consultants include:
- Leave and vacations: 2 days per month of contract + gender-neutral parental leave.
- Health insurance: The IDB provides a monthly allowance for the purchase of health insurance.
- Savings plan: We want to support our consultants in their planning for the future. Depending on the length of the contract, consultants receive a monthly savings plan allowance.
- We offer assistance with relocation and visa applications for staff members/consultants and their families, when applicable.
For more information, please refer to our visas brochure.
You can also be part of the IDB Invest by working on specific and specialized products or services. Product and External Services consultants are usually located off-site and remunerated by either a lump sum or installment payments. This is our most flexible contract modality; you are evaluated and compensated by deliverables.
Benefits for PECs include:
- Work from wherever you prefer with a flexible schedule, upon agreement between the parties.
Our paid internships provide opportunities at the IDB, IDB Invest , and IDB Lab. Positions are available in our headquarters in Washington, D.C., our offices throughout Latin America, the Caribbean, Asia, and Europe, and at the Institute for the Integration of Latin America and the Caribbean (INTAL) in Argentina.
You'll be working in a hybrid modality with our teams during this program. Our hybrid modality is a mix of in-person attendance at our offices and teleworking.
For more info go to the IDB site.
As a staff member, you will respond to critical functions to carry out our mission of improving lives in Latin America and the Caribbean from the private sector. Depending on where you are assigned, you have an array of benefits to support you throughout all the major moments of your lives as employees of our organization.
These positions are offered for an initial term of up to three years. Renewal of these contracts is contingent upon current business needs and the candidate’s performance.
Benefits for staff include:
- Leave and vacations: 2 days of vacation per month + 8 personal days + sick leave + gender-neutral parental leave.
- Health insurance: Employees and eligible dependents have access to a robust medical benefits program that covers medical, dental, vision, preventive care and prescription drugs.
- Pension plan: The plan provides financial security and supports employees in planning for their future.
- We offer assistance with relocation and visa applications for staff members/consultants and their families, when applicable.
For more information, please refer to our visas brochure.
Being a consultant in the IDB Invest means you will have the opportunity to immerse yourself in our work. You will be able to lead and support different projects and build your resume as a development professional in the areas you are most passionate about.
Consultants can work on specifically defined projects or services for a maximum of 36 months.
Benefits for consultants include:
- Leave and vacations: 2 days per month of contract + gender-neutral parental leave.
- Health insurance: The IDB provides a monthly allowance for the purchase of health insurance.
- Savings plan: We want to support our consultants in their planning for the future. Depending on the length of the contract, consultants receive a monthly savings plan allowance.
- We offer assistance with relocation and visa applications for staff members/consultants and their families, when applicable.
For more information, please refer to our visas brochure.
You can also be part of the IDB Invest by working on specific and specialized products or services. Product and External Services consultants are usually located off-site and remunerated by either a lump sum or installment payments. This is our most flexible contract modality; you are evaluated and compensated by deliverables.
Benefits for PECs include:
- Work from wherever you prefer with a flexible schedule, upon agreement between the parties.
Our paid internships provide opportunities at the IDB, IDB Invest , and IDB Lab. Positions are available in our headquarters in Washington, D.C., our offices throughout Latin America, the Caribbean, Asia, and Europe, and at the Institute for the Integration of Latin America and the Caribbean (INTAL) in Argentina.
You'll be working in a hybrid modality with our teams during this program. Our hybrid modality is a mix of in-person attendance at our offices and teleworking.
For more info go to the IDB site.
Hiring Process
How does our recruitment process work?
All of our positions are competitive. You would have to go through a formal recruitment process to work with us. This allows us to assess the best candidates in a very competitive market.
Our process is comprised of three steps:
Application
Complete the online form through our system and upload your CV in English or Spanish. You do not need to upload a Cover Letter unless the position indicates it.
Pro tips:
- Read the job posting carefully and make sure you have the requirements.
- Make sure your CV aligns with the profile we are looking for, edit it, if necessary.
- And more importantly, keep it short. We receive a lot of applications. Work on compelling and straightforward messages!
Assessment
If your CV matches our search, we will be reaching out to invite you to participate in this process. If we do not contact you, this indicates that you were not selected to continue with the hiring process.
This phase might vary depending on the position, but you can expect to have a technical assessment, where we can evaluate your skills; and have a formal panel interview comprised of our IDB Invest colleagues.
Pro tips:
- If we send you a technical test, read it carefully and do not shy away from asking questions if needed. Follow instructions and submit it on time!
- Prepare for your interview! Practice with colleagues or friends. We know interviewing might be nerve-wracking, but we will try to make you feel as comfortable as possible.
- During the interview, be yourself! Make sure to show your personality and be clear and concise in your answers; this would help the panel follow you better.
Final Decision
We take recruitment processes very seriously, which is why it may take a while for you to receive an answer from us. We will provide you with an estimated timeline to communicate the final decision.
Pro tips:
- You can always reach out to your HR point of contact for updates. They will share the status of the process, even though they might not have an answer yet.
- If you were not selected for the position, ask for feedback, and do not get discouraged. We always have new openings and encourage you to apply again.
Application
Complete the online form through our system and upload your CV in English or Spanish. You do not need to upload a Cover Letter unless the position indicates it.
Pro tips:
- Read the job posting carefully and make sure you have the requirements.
- Make sure your CV aligns with the profile we are looking for, edit it, if necessary.
- And more importantly, keep it short. We receive a lot of applications. Work on compelling and straightforward messages!
Assessment
If your CV matches our search, we will be reaching out to invite you to participate in this process. If we do not contact you, this indicates that you were not selected to continue with the hiring process.
This phase might vary depending on the position, but you can expect to have a technical assessment, where we can evaluate your skills; and have a formal panel interview comprised of our IDB Invest colleagues.
Pro tips:
- If we send you a technical test, read it carefully and do not shy away from asking questions if needed. Follow instructions and submit it on time!
- Prepare for your interview! Practice with colleagues or friends. We know interviewing might be nerve-wracking, but we will try to make you feel as comfortable as possible.
- During the interview, be yourself! Make sure to show your personality and be clear and concise in your answers; this would help the panel follow you better.
Final Decision
We take recruitment processes very seriously, which is why it may take a while for you to receive an answer from us. We will provide you with an estimated timeline to communicate the final decision.
Pro tips:
- You can always reach out to your HR point of contact for updates. They will share the status of the process, even though they might not have an answer yet.
- If you were not selected for the position, ask for feedback, and do not get discouraged. We always have new openings and encourage you to apply again.
