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 seeking an experienced senior internal controls expert to lead the implementation of Internal Controls over Sustainability Reporting (ICSR). This role will support climate-related disclosures in the financial statements and incorporate climate and sustainability considerations into the Operational Risk Management Framework (ORMF).
You will work in Financial Controls and Operational Risk Management Group within the Office of Risk Management (RMG/ORM). This group is responsible for coordinating the activities related to the assessment of the Bankโs internal control system to support Managementโs assertion on the effectiveness of its internal controls over financial reporting (ICFR). The group is also responsible for providing advice to Senior Management and the Board on corporate operational risks faced by the Bank. To enable this, the team works with the Bankโs various departments in the vice presidencies for finance, countries, and sectors, leveraging risk and control assessments, key and emerging risk research, control testing, and more to provide insight and recommendations on sound risk management.
What youโll do
- Map IDB's existing processes, systems, and tools for climate and sustainability data, and create a detailed ICSR implementation plan.
- Design and implement the ICSR program using the Bankโs ORMF and the COSO framework.
- Conduct risk and control assessments (RCAs) to identify risks and ineffective internal controls, in climate and sustainability reporting and processes, and develop action plans as needed.
- Identify key controls for sustainability reporting, create and oversee a testing plan, and review deficiencies and action plans.
- Ensure compliance with relevant sustainability reporting standards and internal guidelines.
- Develop and provide ICSR and operational risk training to promote best practices and policies.
- Monitor and report on the effectiveness of ICSR; maintain dashboards for tracking key elements like risks, controls, and deficiencies.
- Enter all relevant information into the Bankโs operational risk system.
- Prepare and present reports to senior management and stakeholders.
- Work independently with minimal oversight.
What you'll need
- Education: Master's degree in Accounting, Finance, Business Administration, Environmental Science, or a related field. CIA, CPA, or other related certifications is strongly preferred.
- Experience: A minimum of 10 years of progressive experience in operational risk, ICFR/SOX compliance, internal audit, sustainability reporting, or a related field is required. A robust understanding of sustainability reporting standards and frameworks (e.g. IFRS 1 & 2, TCFD), or a willingness to acquire such knowledge, is preferred.
- Languages: Proficiency in English.
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: Products and External Services Consultant (PEC), Lump Sum
- Length of contract: 8 months
- Work Location: Remote
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.
- A flexible way of working. You will be evaluated by deliverable.
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.