Post of duty: Washington D.C.

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 a motivated and disciplined Risk Consultant with a background in financial risk and financial modeling. As Capital Adequacy and Credit Rating Agency Consultant you will be supporting the implementation financial models to assess capital requirements for lending portfolios as per the credit rating agencies methodologies and the internal Economic Capital Model.

The ideal candidate will be able to quickly understand the institution’s financial position to support the capital adequacy assessment, planning, and analysis. The role requires advanced expertise in financial/capital forecasting and a good understanding of macroeconomic dynamics that can impact the creditworthiness of sovereigns.

You will work in the Credit Risk Management Unit as part of the Office of Risk Management (RMG). The Credit Risk Management Unit (RMC) develops and applies models and instruments for the assessment and management of credit risk in the Bank’s lending operations and capital requirements. It recommends approval and performs periodic credit assessments of issuers and counterparts in Treasury operations. RMC is in charge of quantifying and overseeing the Bank’s Capital Adequacy Policy.

What you’ll do:

  1. Collaborate with senior analysts in capital planning and balance sheet forecasts to maintain shadow credit rating methodologies and assess the impact of new businesses or products on capital adequacy.
  2. Collaborate with senior analysts to enhance analysis and forecasts and optimize capital.
  3. Master and monitor rating agency methodologies for supranational organizations and support incorporating methodology changes in the Bank’s corresponding capital adequacy models.
  4. Evaluate, monitor, and report on credit risk transfer transactions (including guarantees, insurance, etc.) with other MDB’s, governments, traditional insurers, or the capital markets.
  5. Support senior analysts in managing analytics for economic capital.
  6. Evaluate and develop proposal for the economic capital treatment of new credit instruments and risk transfer initiatives.
  7. Support the periodic assessment, monitoring and reporting on IDB’s capital adequacy framework to the Asset Liability Committee (ALCO) and the Board of Directors. Create tools and dashboards that can enhance and improve risk analysis.
  8. Participate in the drafting of presentations and reports to senior management.

    What you'll need:

    • Education: Master’s degree (or equivalent advanced degree) in Finance, or related quantitative background in an accredited University.
    • Experience: At least 5 years of professional experience in jobs related to financial modeling for Banks, capital adequacy, or a similar relevant field.
    • Languages: Proficiency in English and one of the other Bank official languages (Spanish, French or Portuguese) is required.

      Key skills:

      • 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.
        • 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:

Recommended for you