|School/Company||Inter-American Development Bank|
|Job Title||Chief, Compensation, Benefits, and HR Services Division|
|Job category||Human Resources|
|Career level||Senior (5+ years of experience)|
|Desired education level||Advanced Degree|
The Inter-American Development Bank (IDB) is devoted to improving lives. Established in 1959, it is the largest and leading source of financing for economic, social, and institutional development in Latin America and the Caribbean (LAC). In addition to lending, the IDB partners with its 48 member countries to provide LAC with cutting-edge research on relevant development issues, policy advice to inform decisions, and technical assistance to improve the planning and execution of projects. The Human Resources Department (HRD) serves the IDB Group, which includes the IDB, IDB Invest which is committed to development through the private sector, and IDB Lab, an innovation lab for the Group.
The Human Resources Department (HRD) is responsible for the administration and development of the human resources of the IDB Group and the coordination of human resources planning for all units. HRD formulates the Human Capital Strategy of the IDB Group and oversees its implementation via programs and processes in direct support of a results-based business model. The Compensation, Benefits, and HR Services Division focuses on reinforcing the link between a rewards system and individual results and on ensuring that compensation and benefits policies and practices provide the necessary incentives for staff to meet business challenges. It also includes oversight of the HR Service Center in Costa Rica with close to 70 activities supporting different HR areas, including benefits, relocation and expatriate services, staff recruitment, complementary workforce hiring services, time and attendance administration, records and data maintenance, among others.
The successful candidate will exercise leadership in developing strong relationships with the Board of Executive Directors, Senior Management, client Departments and Country Offices that operate under a matrix system. This includes developing and implementing policies and procedures to support the Bank’s business model and provide for a high performance, motivated workforce. The Compensation, Benefits, and HR Services Division Chief reports directly to the HR Manager and is a member of the HRD Management Team, coordinating and collaborating closely with the other Division Chiefs to provide outstanding strategic services to the client Departments. A summary of specific responsibilities includes leading a team of approximately 25 staff and 20 consultants, and managing the operations under specialized firms (includes 65 contractors at the HR Services Center in Costa Rica).
A strong professional with best practice knowledge and experience in HR, finance, or related field. Strong consultation skills are required in order to provide strategic guidance to business unit leaders. Candidates should possess a keen understanding of the work of multilateral development organizations, with comprehensive views of how HR operates as a strategic partner to the business. Further, should be an effective manager of resources, fostering a culture of efficiency, good planning, and accountability. Experience in workforce dynamics, analytics, and change management in complex organizations is important, as well as the following minimum requirements:
Education Requirement: Master's degree or equivalent-level Licenciatura/advanced degree in human resources management, business administration, economics, accounting, finance, organizational development, or other relevant field.
Language Requirements: Excellent verbal and written communications skills in English and Spanish is required. Working knowledge of French and/or Portuguese is a plus.
Relevant Experience Requirements: At least 10 years of relevant experience in the HR field (or related field like finance), initiating conceptual developments and delivering results. Seeking strong technical background, including knowledge of leading-edge HR programs, systems, and practices, particularly in the area of compensation and benefits. A proven track record in building high performing teams with client service orientation is essential, plus:
The IDB offers a competitive benefits and compensation package, including relocation expenses (if applicable).
The Compensation, Benefits, and HR Services Division Chief will be subject to the IDB Personnel Policies, the IDB Code of Ethics and Professional Conduct, and IDB policies.
Applicants must be a citizen of one of the 48 IDB Member Countries in order to qualify for any type of employment at the IDB.
Individuals with relatives working for the IDB and IIC/IDB Invest within and including the fourth degree of consanguinity and the second degree of affinity are not eligible. This includes staff members and contractuals/consultants.
To apply, please send a CV and cover memo by September 13, 2019 - https://iadbcareers.referrals.selectminds.com/jobs/chief-compensation-benefits-and-hr-services-division-1560