Job Title: Quantitative Strategist & Portfolio Manager (Treasury & Risk Senior Associate/Specialist)
Location: Washington DC
The IDB Group is a community of diverse, versatile, and hard-working 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 exciting environment.
About this position
We are looking for a dedicated, upbeat, and team-oriented Quantitative Strategist & Portfolio Manager.
You will work in the Investments Group, which is part of the Finance Department. This team is responsible for handling the liquid assets portfolios of the IDB Group and other funds entrusted to the Bank, and provides related capacity building and advisory opportunities. As such, the Investments Group provides leading investment management services and offers innovative valuable investment solutions, working closely with stakeholders and in partnership with other areas of the IDB Group.
What youโll do:
- Working under the moderate supervision of the Head of Investments, you will:
- Build and maintain quantitative financial models for the day-to-day analysis and management of the investment portfolios.
- Negotiate the investment of the Bank's liquid holdings of dollars and other currencies, as assigned, with commercial banks and securities dealers in national and international markets. This includes fixed and variable income markets globally using derivatives such as futures, interest-rate and cross-currency swaps to hedge exposures.
- Research and analyze capital markets information with special emphasis on rates markets and quasi-sovereign debt markets, in close coordination with more senior investment staff. Keep the Investments Group updated on events that affect the Bankโs portfolios and future investments.
- Contribute to the development, administration, and follow-up of investment-related activities; review the Bank's compliance with relevant guidelines and the proper recording of transactions. Be largely responsible for maintaining current and accurate trade information in the Bank's investment financial systems.
- Participate in asset-management related capacity building opportunities for the benefit of official institutions in IDBโs borrowing member countries.
- Provide technical guidance to more junior colleagues.
What you'll need
- Education: Master's degree (or equivalent) in Finance, Engineering, Mathematics, or other fields relevant to the responsibilities of the role. CFA Preferred.
- Experience: Minimum of four (4) years of relevant experience in multi-currency, investment management, capital markets, fixed-income securities and derivatives. Experience with international markets and capital markets software a plus.
- Languages:
- Proficiency in English required. Additional knowledge of another Bank language (Spanish, French or Portuguese) preferred.
Key skills
Technical track:
- Learn continuously
- Collaborate and share knowledge
- Focus on clients
- Communicate and influence
- Innovate and try new things
Requirements
Citizenship: You are a citizen of one of our 48-member countries. We may offer assistance with relocation and visa applications for you and your eligible dependents.
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
- International staff contract, 36 months initially, renewable upon mutual agreement.
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 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 which 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.
- We offer assistance with relocation and visa applications for you and your family, when it applies
- Hybrid and flexible work schedules
- Health and wellbeing: Access to our Health Services Center which 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.
- Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, Spouse Career Program, 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.
- International staff contract, 36 months initially, renewable upon mutual agreement.
- Proficiency in English required. Additional knowledge of another Bank language (Spanish, French or Portuguese) preferred.