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 Office of Risk Management (RMG) at the Inter-American Development Bank (IDB) is looking for a dynamic and innovative market risk/investment technology and analytics consultant who will help us enhance our workflow and improve our stress testing and investment portfolio analytics.
What youโll do
- Design book and product structure in Summit to facilitate stress testing and calculation of risk and portfolio analytics in collaboration with technology team.
- Configure curves and fixed income products and derivatives in Summit to support risk and portfolio reporting/analytics, including sensitivities, and design data flows. Test Summit output to assess accuracy
- Review the Bank's current stress scenario design and suggest enhancements and calibration improvements as appropriate. Determine appropriate product bucketing and shocks for each.
- Build a dashboard to calculate stress scenario P&L and P&L as percentage of portfolio size; design and build other dashboards as necessary.
- Document development of new functionalities in Summit including the calibration and implementation of new stress scenarios; the process to configure new curves and products; reporting capabilities; and the optimization of risk metrics for the portfolio.
- Work with technology, front office, and risk teams to enhance the calculation of P&L and portfolio and risk analytics for instruments in the investment portfolio, including analytics for new products, such as ETFs and ABS.
What you'll need
- Education: Strong quantitative background with minimum of masterโs degree.
- Experience: At least 10 years of experience in finance, capital markets, risk management and/or portfolio management with exposure to stress testing and fixed income analytics.
- Languages: Proficiency in English.
Requirements
โข Citizenship: You are a citizen of one of our 48-member countries.
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
-
Type of contract: National Consultant Full time (National Remote Modality) / International Consultant Full time, Washington D.C - On site
-
Length of contract: 7 months (Up to extension of 19 Months).
-
Work Location: National Remote Modality where the IDB has an office or Washington D.C - 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:
ยท A competitive compensation packages.
ยท Leaves and vacations: 2 days per month of contract + gender- neutral parental leave.
ยท Health Insurance: the IDB Group provides a monthly allowance for the purchase of health insurance.
ยท Savings plan: The IDB Group cares about your future, depending on the length of the contract, you will receive a monthly savings plan allowance.
ยท We offer assistance with relocation and visa applications for you and your family when it applies.
ยท Hybrid and flexible work schedules.
ยท Development support: We offer learning opportunities to boost your professional profile such as seminars, 1:1 professional counseling, and much more.
ยท Health and wellbeing: Access to our Health Services Center which provides preventive care and health education for all employees.
ยท Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, and others.
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 accomodations@iadb.org.
Our Human Resources Team reviews carefully every application.
-