Operational and research support consultancy for Inclusive Retirement Savings project
The Labor Markets Division (LMK) of the Social Sector is looking for a professional with project management experience in the fields of financial inclusion, labor markets, and behavioral economics to support the implementation of the Division’s Inclusive Retirement Savings project.
The team’s mission:
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 increased integrity, transparency, and accountability.
The Social Sector (SCL) is a multidisciplinary team convinced that investing in people is the way to improve lives and overcome the development challenges in Latin America and the Caribbean. Jointly with the countries in the region, the Social Sector formulates public policy solutions to reduce poverty and improve the delivery of education, work, social protection, and health services. The objective is to advance a more productive region, with equal opportunities for men and women, and greater inclusion of the most vulnerable groups.
In 2015 the IDB Lab (formerly Multilateral Investment Fund (MIF)), the Inter-American Development Bank (IADB) and MetLife Foundation approved funding for the regional project “Inclusive Retirement Savings: From Access to Use in Chile, Colombia, Mexico and Peru”. The project seeks to increase the number of low-income self-employed workers who use retirement savings products. The project’s beneficiaries will be 400,000 self-employed or micro-entrepreneurs, who will increase their voluntary contributions to pension savings schemes and thus increase their income during retirement.
The general model of intervention is based on a cycle of three types of actions: i) knowledge dissemination and awareness workshops or events with stakeholders that can promote retirement savings among the self-employed; ii) studies to gauge the obstacles existing in the four countries and evaluate the feasibility of providing incentives for the self-employed to contribute to retirement savings; and iii) pilots of solutions (incentives, products, channels, etc.) to increase the use of retirement savings among those workers.
What you’ll do:
The contractual will provide operational and research support to the execution of the project “Inclusive Retirement Savings” under the supervision of the Labor Markets Division (LMK) Project Coordinator and IDB specialists, in coordination with the IDB Lab team.
The contractual will be responsible for, including but not limited to, carrying out the following tasks in coordination with the Project Coordinator:
Provide technical and operational support to the implementation of ongoing initiatives to promote voluntary retirement savings contributions in the four countries of the project.
Work with selected technical counterparts in the four countries to identify and implement pilot solutions to increase voluntary retirement savings.
Develop technical concept notes for possible private and public-sector solutions to promote voluntary retirement savings contributions in the four countries of the project in coordination with regional and local counterparts, considering best international practices in the application of behavioral economics as a tool to foster financial inclusion.
Contribute to the preparation of presentations, and gather and analyze background material for missions, project documents and other activities needed by the program.
Prepare graphics, charts, and other materials required for document production, presentations, and meetings.
Participate in the design of procurement plans and estimations of budgets needed for the implementation of project initiatives.
Report to the Program Coordinator and LMK team on the status of the program.
Coordinate the organization of events such as workshops, ideas labs and hackathons to source proposals for new project initiatives.
Support the establishment of an online knowledge platform and the maintenance of the project website.
Support the preparation of semi-annual project monitoring reports as mandated by IDB Lab and MetLife Foundation guidelines.
Prepare communications required for document processing and distribution
Write blog posts and other knowledge products that serve to disseminate the knowledge generated over the course of the project to external audiences.
Provide other logistical support and perform administrative functions in support of the project, as required, using Bank systems (Convergence, LMS, etc.), among others.
Participate in any other activities essential for the success of the program.
Support other activities of the LMK Division.
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 fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB Group.
Education: Bachelor’s Degree in Public or Business Administration or related disciplines.
Experience: At least two years of relevant work experience, preferably in supporting teams with operational and research support duties in a multilateral organization and in the fields of financial inclusion, labor markets or social security in LAC. Projects with behavioral economics components. Projects with private and public stakeholders. Knowledge of and experience in the application of qualitative and quantitative social science research methods
Languages: Fluency in English and Spanish. Strong written and verbal communication skills in both languages are required.
Core and Technical Competencies: Strong analytical, management and research and synthesizing skills; ability to work independently, with initiative and responsibility, and establish work priorities; ability to work with all personnel to complete work assignments, achieve common goals, and contribute towards a positive work environment; knowledge of Bank’s protocol norms, administrative and operational policies and procedures, or from a similar organization; and very good computer skills in MS Office (Word, Excel, PowerPoint).
Type of contract: Consultant, Monthly
Length of contract: 12 months
Starting date: 1st of February 2020
Location: Headquarters, Washington, DC, United States of America
Responsible person: The Principal Social Insurance Specialist, Labor Markets Division will be responsible for the supervision of the contractual. The IDB Lab will be actively supporting the implementation of the program and the supervision of the Operational and Research Support Contractual
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: 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. We are the first Latin American and Caribbean development institution to be awarded the EDGE certification, recognizing our strong commitment to gender equality. As an employee you can be part of internal resource groups that connect our diverse community around common interests.
We encourage women, afro-descendants, people of indigenous origins, and persons with disabilities to apply.
To apply click here: