Vice-President (Operations)

Below is the Opportunity Profile for the position of Vice-President (Operations) at the Caribbean Development Bank (CDB). The profile consists of a description of the job, the qualifications and competencies required, and a brief description of the Bank.

If after reading this Opportunity Profile you conclude that you are a good match for CDB, we invite you to begin the application process. Candidates applying for this role must submit ALL of the following:

1. Résumé with indication of nationality.

1. Describe in a single page your motivation for the position and how you match the requirements outlined.

1. Describe in four pages (maximum) your views on the major economic challenges and opportunities for the Region, and CDB’s role in assisting in both areas.

1. The names and contact information (telephone numbers and e-mail addresses) of four persons who know you and your work well enough to comment on your suitability for this role.

CDB is an equal opportunity employer and does not discriminate on the basis of race, sex or religion. Having regard to the Vice-President (Operations)’s responsibility for CDB’s country and regional programming, strong preference will be given to nationals of the Caribbean Community.

We fully respect the need for confidentiality of information supplied and assure you that your background and interest will not be discussed with anyone, without your prior consent, nor will reference contacts be made until mutual interest has been established. Please submit your résumé with the required information in Microsoft Word (.doc or .docx) or PDF format, in English, to:

SRI Executive Search Email: VP-CDB@SRI-Executive.com Telephone: +353 1 6675008 In the subject line, please write: “Vice-President (Operations) CDB”

You may contact Helen McGardle, SRI Executive Search Director, at any stage of the process to obtain more information and to ask questions.

The deadline for submission of applications is April 30, 2017 at 23:00 hrs EST. We thank you for your interest.

INTRODUCTION

This document outlines a great opportunity for an individual who has a serious interest in making a difference in transforming Caribbean economies through the effective use of development financing and the provision of policy advice to promote sustainable economic growth and regional integration.

ABOUT THE ORGANISATION

CDB is a regional multilateral development bank which was established in October 1969 to contribute to the harmonious economic growth and development of the member countries in the Caribbean Region and to promote economic cooperation and integration among them, having special and urgent regard to the needs of the less-developed members of the Region. CDB began operations in January 1970 and has become a leading catalyst for providing development financing, technical assistance and policy advice to its Borrowing Member Countries (BMCs) for the reduction of poverty.

CDB’s member countries are Anguilla, Antigua and Barbuda, The Bahamas, Barbados, Belize, Brazil, the British Virgin Islands, Canada, the Cayman Islands, Colombia, Dominica, Germany, Grenada, Guyana, Haiti, Italy, Jamaica, Mexico, Montserrat, The People’s Republic of China, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Suriname, Trinidad and Tobago, the Turks and Caicos Islands, the United Kingdom and Venezuela.

CDB is committed to the objectives of sustainable development in all of its dimensions. It promotes the achievement of inclusive growth and supports initiatives that strengthen BMCs’ resilience to external economic shocks and the effects of natural hazards, and that address gender equality, poverty reduction and inequality and environmental sustainability.

CDB adheres to the highest standards of integrity, ethics, compliance, transparency and accountability with zero tolerance for fraud, corruption, money laundering, financing of terrorism and similarly corrosive conduct. CDB also works to ensure that the projects it finances do not cause environmental or social harm.

OPPORTUNITY

The role of Vice-President (Operations) [VP(O)] is critical for the success of CDB. Reporting directly to the President, the VP(O) will guide CDB’s strategic and operational engagement with its BMCs.

POSITION

The VP(O) will provide strategic leadership and direction in the formulation and implementation of the Bank’s strategies for the Operations Area, which comprises the following key functional areas:

1. Projects Department – accountable for the pipeline and portfolio of capital and technical assistance projects, and is responsible for all stages of the project cycle, including project identification, appraisal, implementation and supervision in all sectors.

1. Economics Department – accountable for the development and conduct of the Bank’s programmes regarding macro-economic operations and structural adjustment lending; monitoring and analysis of economic, social and political developments in BMCs and relevant international sectors; the formulation of country strategies to optimise financial and technical assistance; and training in national economic management.

1. Renewable Energy and Energy Efficiency (RE/EE) Unit – the Business Development Unit for the RE/EE portfolio in the Bank, responsible for the mobilisation of appropriate resources, the design, development and administration of programmes, including supporting the preparation of RE/EE projects for further due diligence and supervision by the Projects Department. REEEU provides for an integrated approach and strategic focus on the area of sustainable energy.

1. Public-Private Partnership Unit – responsible for project development, capacity building, policy formulation and advocacy, and knowledge sharing, with a view to improving the pipeline and providing selective opportunities for CDB and other financial institutions.

1. Gender – responsible for the formulation and articulation of policies, strategies and programmes that promote gender equity and the mainstreaming of gender analysis into the Bank’s programming, project appraisal, and supervision of operational work.

1. Quality Assurance & Oversight and Portfolio Performance Management – primarily related to: existing frameworks for review and approval of country strategy and, project and technical assistance appraisal documents; and supervision of the execution of operational products provided to BMCs.

The new VP(O) will be required to quickly develop a good understanding of CDB’s technical strengths and organisational capabilities as well as its constraints, and to translate the current state of development financing needs into opportunities for CDB and solutions for the BMCs. He/she will need to lead the Bank in aggressively pursuing its strategic initiatives, while simultaneously nurturing and building upon existing client relationships in the BMCs. The strengthening of internal capacity and capabilities will be key areas of focus for the VP(O), as CDB ensures a sustainable level of lending supported by a strong motivated team, and appropriate technology infrastructure.

The VP(O) will chair CDB’s Loans Committee comprising senior members of the management team. The mandate of Loans Committee is to review project appraisal documents to ensure that funding proposals are soundly conceived, and are formulated and processed in accordance with the Bank’s procedures, before submission to the President for his approval or for his recommendation for approval by the Board of Directors.

QUALIFICATIONS AND COMPETENCIES

The successful candidate is required to be a strong fit in relation to the qualifications, experience and competencies outlined below:

Credibility, Reputation and Experience:

1. a high level of personal integrity, together with the ability to manage multiple issues simultaneously, as well as experience in managing a diverse team;

1. demonstrated political objectivity and independence are key criteria for being effective in this role;

1. a strong and positive reputation with the ability to build and maintain credibility within and outside of CDB;

1. a deep knowledge of, and significant experience working with, the governments of the Region; and

1. a clear understanding of the development challenges, opportunities and cultural nuances of CDB’s BMCs and the Region as a whole.

Technical Grounding and Expertise:

1. an advanced degree in business, economics, public policy or the equivalent;

1. sound understanding of development financing complemented by significant experience in the development field; and

1. a proven track record of leadership, and a strong appreciation for multilateral cooperation.

THE BANK’S LEADERSHIP AND CORE COMPETENCIES

Leadership:

1. Strategic Focus – ability to think in a broad sense about organisational issues, and identify key or underlying factors in complex organisational situations, and also to identify priorities and opportunities for the organisation, develop necessary business plans and align daily work with the mandate values, and long-term direction of the organisation.

1. Analytical Thinking – ability to understand a situation, issue, or problem by breaking it into smaller pieces or tracing its implications in a step-by-step way and to set priorities on a rational basis and identify causal relationships and/or ‘if then’ relationships.

1. Develop Others – ability to plan and support the development of individuals’ skills and abilities so that they can fulfill current or future job/role responsibilities more effectively.

1. Build Strategic Partnerships – ability to identify opportunities and take action to build strategic relationships and synergies between one’s area and external partners to help achieve the Bank’s goal.

1. Facilitate Change – ability to lead and manage organisational change that integrates key stakeholder, customer and organisational goals and values; to encourage others to seek opportunities for different and innovative approaches to address problems and opportunities; to facilitate the implementation and acceptance of change initiatives.

1. Negotiation – ability to explore alternatives and positions in order to reach outcomes that gain the support and acceptance of all parties.

1. Resiliency – ability to stay with a position or plan of action until the desired objective is obtained or is no longer reasonably attainable, and to demonstrate commitment and persistence in achieving goals.

1. Knowledge Capture and Sharing – ability to capture and share knowledge for future learning and to create an environment that encourages capturing, storing and sharing best practices and lessons learned from the Bank’s activities.

Core:

Client Focus, Continuous Learning, Communication, Teamwork, Trust, Integrity, and Results Orientation and Stress Management

Evidence of your published work and/or a proven track record of speaking engagements on regional economic and development issues will be useful in demonstrating an appreciation and understanding of the challenges, and opportunities within the Region. A second language competency (preferably French or Dutch) would be an asset.

Given the regional focus of this position, the successful candidate will be required to interface with government officials, senior officers at other development and financial institutions, and regional non-governmental organisations. This interface may require as much as 30% travel time.

TERMS OF APPOINTMENT

This is a full-time position with the successful candidate being contracted on a two-year basis with the possibility of renewal. Salary is competitive and commensurate with qualifications and experience. A pension plan, life and medical insurances are included in the benefits package.

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