Post of duty: Headquarters โ Washington, DC, United States.
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 seeking the services of a consultant to perform credit risk assessments of investment grade issuers in the Bankโs $32 billion investment portfolio, develop and support credit documentation including policies, templates, procedures, as well as new initiatives to strengthen the Bankโs credit portfolio management function, including support for the development and maintenance of SKY - a credit platform built in PowerApps and PowerBI.
You will work in the Credit Risk Management Unit (RMG/RMC), within the Office of Risk Management. RMG/RMC is responsible for: (i) developing and applying policies, models and instruments for the assessment and management of credit risks in the Bankโs lending operations, (ii) developing policies and guidelines for the assessment, monitoring, and management of the Bankโs capital adequacy, (iii) conducting credit assessments of issuers and counterparties in the Bankโs Treasury portfolios, (iv) advising the Chief Risk Officer (CRO) on credit issues, rating methodologies, loan loss allowance methodologies, and other credit regulations, and (v) overseeing and reporting on IDBโs non-sovereign loan portfolio which is managed by IDB Invest.
What youโll do:
- Conduct credit/financial assessment of Treasury issuers from the corporate, insurance, and sovereign/supranational/agency (SSA) sectors to recommend investment limits. This includes evaluating historical and current financial data to understand the companyโs financial condition and analyzing industry-specific business trends.
- Conduct suitability review of insurance entities for Risk Transfers and Natural Disaster risk related transactions.
- Perform research and data analysis for the fundamental analysis of issuers and counterparties.
- Prepare well-structured credit assessment reports for subsequent approval of relevant advisory committees (Asset Liability Management Committee and/or Credit Committee).
- Prepare PowerPoint presentations summarizing key findings and recommendations to be presented to advisory committees.
- Provide support on the development of an Environmental, Social and Governance (ESG) assessment methodology for the Treasury portfolios.
- Support the development and maintenance of monitoring tools including SKY- a credit platform built in PowerApps and PowerBI.
- Contribute to RMG/RMC projects and initiatives including additional risk analyses and reporting tasks, review of the Non Sovereingn Guaranteed portfolio, and credit portfolio monitoring (financial markets analysis).
What you'll need:
- Education: Masterโs degree in Finance, Business Administration, or a related discipline. CFA designation is a plus.
- Experience: At least 5 years of relevant experience in financial analysis, capital markets, credit risk, treasury risk management and/or portfolio management. Experience in credit/financial analysis or credit rating methodologies is mandatory. ESG experience and knowledge is a plus. Working knowledge of Power Apps/Power BI is a plus.
- Languages: Proficiency in English.
Key skills:
- Knowledge of corporate finance, financial information analysis and financial diagnosis.
- Ability to write clear and concise documents and to develop, analyze and articulate credit recommendations. Presentation skills.
- Sound computer skills, including proficiency in Excel, Word, and PowerPoint is required. Working knowledge of Power Apps and Power BI are a strength.
- Strong analytical, communication, and teamwork skills are required.
- Ability to work independently.
Requirements:
- Citizenship: You are a citizen of one of our 48-member 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:
- Type of contract: International Consultant Full-Time.
- Length of contract: 19 months.
- Work Location: On site.
What we offer:
The IDB group provides benefits that respond to the different needs and moments of an employeeโs life. These benefits include:
- A competitive compensation packages.
- Leaves and vacations: 2 days per month of contract + gender- neutral parental leave.
- Health Insurance: the IDB Group provides a monthly allowance for the purchase of health insurance.
- Savings plan: โโโโโโโThe IDB Group cares about your future, depending on the length of the contract, you will receive a monthly savings plan allowance.
- We offer assistance with relocation and visa applications for you and your family when it applies.
- Hybrid and flexible work schedules.
- Development support: We offer learning opportunities to boost your professional profile such as seminars, 1:1 professional counseling, and much more.
- Health and wellbeing: Access to our Health Services Center which provides preventive care and health education for all employees.
- Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, 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.
About the IDB Group
The IDB Group, composed of the Inter-American Development Bank (IDB), IDB Invest, and the IDB Lab offers flexible financing solutions to its member countries to finance economic and social development through lending and grants to public and private entities in Latin America and the Caribbean.
About IDB
We work to improve lives in Latin America and the Caribbean. Through financial and technical support for countries working to reduce poverty and inequality, we help improve health and education and advance infrastructure. Our aim is to achieve development in a sustainable, climate-friendly way. With a history dating back to 1959, today we are the leading source of development financing for Latin America and the Caribbean. We provide loans, grants, and technical assistance; and we conduct extensive research. We maintain a strong commitment to achieving measurable results and the highest standards of integrity, transparency, and accountability.
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