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IDB Invest

IDB Invest - Head of Tourism & Real Estate - Corporates Division

IDB Invest, Washington, District of Columbia, us, 20022

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IDB Invest - Head of Tourism & Real Estate - Corporates Division

We are looking for the Head of Tourism & Real Estate to join the Corporates Division (SMC) within the Industries and Cross-Cutting Themes Department (ICT) at IDB Invest. You will report to the Managing Director of the Corporates Division (SMC). ICT is responsible for engaging with clients and partners for the origination, structuring, closing, and supervision of transactions and projects with strong development impact. SMC, together with the corresponding Regional Division in the Regions Department, leads the origination and delivery of operations in Tourism, Manufacturing, Mining, Digital Economy, Agribusiness & Forestry. Our work spans all 26 countries where IDB Invest operates in Latin America and the Caribbean. You will lead the institution’s investment strategy across hospitality, leisure, and real estate sectors across Latin America and the Caribbean region. This role is pivotal in shaping the institution’s approach to sustainable urban development, inclusive tourism, and resilient infrastructure, while delivering strong financial returns and measurable development impact. This position will be responsible for developing new business opportunities and leading key client engagements as well as originating highly developmental transactions in the sector. What you\'ll do

Spearhead the design and execution of IDB Invest’s tourism and real estate strategy and investment program, working in close collaboration with investment teams to ensure alignment with institutional priorities. Cultivate and maintain strong relationships with leading global and regional clients to generate new investment opportunities. Actively identify and pursue strategic partnerships with different stakeholders that expand IDB Invest’s impact and presence in the mining sector. Collaborate closely with regional investment teams to provide expert sector insights during due diligence processes. This includes evaluating project strengths and weaknesses, defining key performance indicators, analyzing unit economics for integration into financial models, and conducting competitive sector analysis. Lead sectoral engagement with IDB public sector teams and the Regions Department to support governments and authorities in identifying and addressing regulatory and enabling infrastructure gaps. This includes contributing to the development of financially viable and bankable projects and supporting upstream work to help countries build a pipeline of projects in the tourism and real estate sector and their value chains. Lead industry and market research in the tourism and real estate sector to support business origination and execution, ensuring alignment with IDB Invest’s investment strategy. Lead sectoral upstream work and the development of customized sector-specific products, in coordination with the Regions Department and the Products Department, to enhance IDB Invest’s value proposition. Review eligibility and investment proposals, offering well-informed recommendations to the respective regional Director of Corporates and/or Managing Director. Actively contribute to investment decision meetings by addressing inquiries and providing sector-specific insights to guide the decision-making process. Develop and disseminate sector knowledge products and training programs for internal teams and external stakeholders. Ensure consistency and alignment across regions in addressing common industry challenges and risk factors. Lead internal coordination with development partners to address sector-specific challenges, including environmental, social, credit, and reputational risks, as well as development impact. Collaborate with other IDB Invest teams to ensure a cohesive and integrated approach to agribusiness and forestry. Provide support for the development of IDBG Country Strategies and IDB Invest’s multi-year Business Plans, particularly in relation to tourism and real estate. Assist in the selection, briefing and supervision of technical consultants engaged on due diligence, as needed Represent IDB Invest at conferences, seminars, and other relevant events to increase institutional visibility and strengthen sector knowledge, while networking with industry leaders and key stakeholders to stay informed about emerging trends and best practices in the sector. What you\'ll need

Education: An advanced degree (Masters, MBA, or equivalent) in economics, finance, business administration, engineering, or another relevant field. Academic specialization in sustainable tourism is desirable. Experience: You have at least 10 + years of relevant professional experience in the tourism and real estate sector with proven well-established relationships at C-level management of key industry players and other stakeholders. Confirmed experience in a similar role in an investment, advisory firm, or development bank is essential, as well as proven strong client relationship experience and skills. Sound knowledge of current industry and sector operating parameters, as well as regional and global industry trends, risks and opportunities. Language Skills: You are proficient in oral and written English and Spanish; knowledge of Portuguese is a plus. Requirements

Washington DC: No requirements LAC: You are a citizen of one of IDB Group member countries in LAC, or with residency or legal permit to work in one of these countries. Consanguinity: You have no family members (up to the fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab. Type of contract and duration

Washington DC: International staff contract, 36 months initially, renewable upon mutual agreement. LAC: National staff contract, 36 months initially, renewable upon mutual agreement. What we offer

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 that covers medical, dental, vision, preventive care, and prescription drugs. Pension plan: defined benefit pension plan that provides financial security and support employees in planning for their future. Hybrid and flexible work schedules. Health and well-being: Access to our Health Services Center that 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. Our culture

At the IDB, 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. In our efforts to drive innovation, we intentionally include all voices, cultivate a sense of belonging and champion fairness. 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. Senioriy level

Director Employment type

Full-time Job function

Business Development and Management Industries

International Trade and Development Banking Investment Banking

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