MICI Compliance Review Phase Coordinator Oversight, Audit & Compliance Principal Specialist

💰 $3,200 - $5,120 (Est.) 📍 Washington

Job Description

We improve lives

The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean. Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.

About This Position

The Independent Consultation and Investigation Mechanism (MICI for its initials in Spanish) is the independent accountability mechanism of the Inter-American Development Bank Group (IDB, IDB Invest, and IDB Lab). It started operations in September 2010, and its operation is governed by the IDB and IIC MICI Policies that are currently in effect. The MICI is a last resort alternative for addressing the concerns of groups of individuals or communities who allege that they are or might be adversely affected by IDB Group-financed operations due to institutional non-compliance with its operational policies.

The MICI's objective is to provide a mechanism and process independent of IDB Management to investigate allegations by Requesters of harm produced by the Bank’s failure to comply with its Relevant Operational Policies in IDB Group Financed Operations. This objective is fulfilled through two Phases: Consultation and Compliance Review.

The Compliance Review process is fact-finding in nature. It is not a judicial process and is not designed to establish guilt or innocence, or to adjudicate fault or apportion blame among the various Parties involved. The MICI only has a mandate to investigate allegations of noncompliance with Safeguards in a Group’s financed operations. It does not have a mandate to investigate actions of governments, public entities, local authorities, Borrowers, Clients, Executing Agencies or other lenders, sponsors, or investors in connection with the Bank-Financed Operation.

The Compliance Review Phase Coordinator, directly subordinate to the MICI Director, will be a full-time employee of the IDB under a fixed-term contract, reporting to the MICI Director. The Compliance Review Phase Coordinator will be independent of Bank Management and will be subject to the IDB Code of Ethics and Professional Conduct, Access to Information Policy, and other Bank policies, and will protect against conflicts of interest that could weaken the objectivity and integrity of the MICI.

What you’ll do
• Works under the general supervision and guidance of the MICI Director.
• Works with the MICI Director to develop operating guidelines and protocols for the Compliance Review Phase.
• Supports the MICI Director in the eligibility determination of Requests.
• Under the supervision of the MICI Director develops terms of reference, and identifies and contracts experts to constitute the Compliance Review Panel.
• Serves as Chairperson of the Compliance Review Panel formed for approved investigations.
• Investigates in an independent, thorough, and objective manner, in coordination with the members of the Panel.
• Consults with Requesters, Management, and other stakeholders, as appropriate.
• Works under the general supervision and guidance of the Director to prepare investigation reports.
• Monitors implementation of Board decisions on Compliance Reviews.
• At the request of the MICI Director, attends Board meetings for any matter related to the Compliance Review Phase.
• Works with the MICI Director and the Human Resources Department to identify and select expert consultants to be added to the Roster.
• Undertakes tasks and assignments as requested by the MICI Director that may be necessary or relevant for the work of the Compliance Review Phase.

What you'll need
• Education: Advanced degree (master’s or equivalent) in a relevant discipline (environmental studies, sociology, economics, engineering, law, or other fields related to international development).
• Experience: Proven ability to interpret and apply rules and policies and knowledge of investigative, compliance, and audit strategies, methodologies, and techniques. Demonstrated knowledge of economic, social, and development conditions in Latin America and the Caribbean. Minimum 10 years of relevant experience, with a proven record in managing and delivering best practices in investigative, compliance review, and audit strategies, methodologies, and techniques. Demonstrated ability to deal objectively, impartially, and efficiently with the Requests. Knowledge of international development and the operations of multilateral financial institutions and private sector financing in Latin America and the Caribbean is preferred and desirable, as is understanding of environmental and social safeguards policies and performance standards of multilateral development banks. Highly developed communication and diplomatic skills, including the ability to engage effectively with civil society, nongovernmental organizations, clients, member country governments, other international organizations and comparable institutions, the IDB Board of Executive Directors, Management, and staff. Ability and willingness to travel frequently and on reasonably short notice to Latin America and the Caribbean, including rural areas and difficult environments. Excellent interpersonal skills and demonstrated ability to work as a team leader and build consensus; good exposure to international and multicultural environments. Experience and knowledge of other independent accountability mechanisms is considered valuable.
• Languages: Proficiency in Spanish and English, spoken and written, is required. Additional knowledge of French and Portuguese is preferable.

Requirements
• 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 the fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab.
• Location: Washington, D.C.

Type of contract and duration
• International staff contract, 36 months initially, renewable upon mutual agreement.

What we offer

Benefits

The IDB Group provides benefits that respond to the different needs and moments of an employee’s life. These benefits include:
• A competitive compensation package, including an annual base salary expressed on a net-of-tax basis.
• 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 supports employees in planning for their future.
• We offer assistance with relocation and visa applications for you and your family when it applies.
• Hybrid and flexible work schedules.
• Health and well-being: Access to our Health Services Center that provides employees preventive care and health education.
• 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.

Other perks include a lactation room, daycare center, gym, bike racks, parking, a spouse career program, and others.

Our culture

At the IDB Group we work so everyone brings their best and authentic selves to work, willing to try new approaches without fear, and where they are accountable and rewarded for their actions.

Diversity, Equity, Inclusion and Belonging (DEIB) are at the center of our organization. We celebrate all dimensions of diversity and encourage women, LGBTQ+ people, persons with disabilities, Afro-descendants, and Indigenous people to apply.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job interview process. If you are a qualified candidate with a disability, please e-mail us at diversity@iadb.org to request reasonable accommodation to complete this application.

Our Human Resources Team reviews carefully every application.

💡 Quick Summary

Seeking a career-building opportunity? The MICI Compliance Review Phase Coordinator Oversight, Audit & Compliance Principal Specialist position is now open for candidates interested in the Bank Jobs sector. This role in Washington offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.

Sponsored

Job Details

Company Name: Inter-American Development Bank

Frequently Asked Questions

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The expected salary for MICI Compliance Review Phase Coordinator Oversight, Audit & Compliance Principal Specialist in Washington is $3,200 - $5,120 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, MICI Compliance Review Phase Coordinator Oversight, Audit & Compliance Principal Specialist is an on-site position based in Washington. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for MICI Compliance Review Phase Coordinator Oversight, Audit & Compliance Principal Specialist. Previous experience in Bank Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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