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
We are looking for an experienced, highly motivated professional with a background in quantitative analysis, financial planning & analysis, corporate finance and/or risk management for the role of Financial Modelling Sr. Associate/Specialist.
You will work in our Financial Policy, Planning and Decision Support (FPD) Group, part of IDBโs Finance (FIN) department. FIN is responsible for the mobilization and administration of the Bank's financial resources, pertaining to both the assets and liabilities of the organization, the management of the Bank's liquidity, the accounting and financial records of its operations, and the administration of its relations with financial markets and intermediaries. FPD is responsible for the Bankโs financial planning process, the design and implementation of Bank-wide financial policies and advises Senior Management and the Board of Executive Directors on the financial implications of large or novel programs and how to maximize the value of the Bankโs capital. As Financial Modelling Sr. Associate/Specialist, you will play a core role developing analytical tools and in the delivery of FPD responsibilities.
What youโll do
- Actively contribute to the design, calibration, validation and use of the Bankโs core financial planning tools and models.
- Serve as the day-to-day lead for maintaining and improving the financial models and developing new additional financial tools.
- Quickly develop detailed knowledge of the Bankโs financial ecosystem (including financial policies, products, systems, and data), and how different parts of the Bankโs operations impact financial planning.
- Explain complex ideas in easy to understand language.
- Provide financial analysis in support of periodic updates, reviews, and enhancements of Bank financial policies.
- Provide technical insight into the Bankโs financial planning and financial policy development.
- Develop expertise on the criteria and methodology used by credit rating agencies to assess the Bank for incorporation into financial models.
- Collaborate with colleagues across FIN, the Office of Risk Management, and the Information Technology Department to enhance the data environment and automate processes.
What you'll need
โข Education: Masterโs degree or Bachelorโs degree with additional professional studies (or equivalent advanced degree) in Finance, Business Administration, Economics/Econometrics, Mathematics/Statistics, or other fields relevant to the responsibilities of the role. A CFA charter, CPA/CA, COQ, FRM or similar professional accreditation is desirable.
โข Experience: At least 5 years of progressive experience in advanced financial modelling or statistical analysis. Ideally candidates will have experience in financial planning & analysis, corporate finance and/or financial risk management. Prior experience in multilateral lending institutions is desirable.
โข Additional skills: Strong quantitative skills. Numerically fluent and able to discuss quantitative topics. Advanced knowledge of Excel and MATLAB or Python. Languages with transferrable skills can be considered. Advanced knowledge of data and database management. Having experience with SQL, PowerBI, and integration of financial models and dashboards in a corporate database environment is highly desired.
โข Languages: Proficiency in English and one of the other Bank official languages (Spanish, French or Portuguese) is required.
Requirements
โข Citizenship: You are a citizen of Colombia.
โข 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
National (Local Remote Staff): National staff contract under a fully remote modality, 36 months. This contract is part of a program to hire staff to work fully remotely (not office-based). The program is set to expire at the end of 2028 and it may be extended, if successful.
What we offer
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 support employees in planning for their future.
-Fully remote modality.
-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.
-Allowance: one-time non-pensionable allowance to support the purchase of equipment, office set-up and computer maintenance.
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.