Pros
Investing in Latin America and the Caribbean with the goal of reducing poverty and inequality, by improving infrastructure, access to education and health services, so on and so forth. For staff members (not consultant/contractual personnel) there is a generous benefits package, specifically their health insurance (for employee and dependants) and pension fund. Vacation time - you can accumulate up to 24 vacation days (without including weekends or holidays) per year and roll them over (up to 12 vacation days) to the following year.
Cons
Bureaucracy, bureaucracy, bureaucracy... Did I say bureaucracy? Procedures are painfully cumbersome. To get anything approved (project, transaction, etc.) you need: long documents (that frankly very few people read), the sign off of "experts" and "specialists" and tons of Committees. Personnel recruitment and human talent management is a joke! While there are certainly excellent professionals, there is no shortage of incompetent employees that keep their jobs thanks to "other skills" and/or relationships. Depending on the organizational unit (some are very good, some are a disaster), it might not be a good place for entry-level professionals in that they are not going to learn skills that can be useful in the real world.