Corporate Finance Consultant (LAB/FIA)

Location: Washington, DC

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:

IDB Lab is looking for a dynamic, results-oriented, and client-focused corporate finance consultant to provide support on financial planning and analysis (FP&A), financial modeling, capital scenarios and other corporate finance activities and initiatives.

What you’ll do:

  • Work on the implementation of a brand-new FP&A model, involving multiple processes and workflows, such as budgeting, forecasting, and reporting, and integrating multiple data sources, e.g., SAP, Salesforce. Develop standard operating procedures (SOPs) for each process and workflow and ensure clear communication among business users. Use workflow automation tools to streamline the process and improve efficiency.
  • Support the CFO and in coordination with the Finance Department, in the implementation of a new multi funding source model as part of IDB Lab new capitalization effort (MIF IV) including ad hoc advanced financial analysis for strategic decisions, such as various financial forecasts and stress test scenarios. This includes liquidity and capital analyses, cash flow modeling, sensitivity analyses and voting power scenarios and simulations for donors.
  • Monitor, track, and provide quarterly updates of financial fees associated with core mobilization efforts, support the business intelligence dashboard, and maintain procedural guidelines up to date with operational and financial requirements.
  • Partner directly and coordinate inputs with multiple relevant units across the organization such as the finance and budget departments of the IDB, as well as the operational units of IDB Lab to collaborate on metrics, goals, and business reviews.
  • Create presentations and reporting that provide insightful analysis and decision support for the leadership team.
  • Develop and maintain effective relationships with business partners and cross-functional teams at all levels of the organization
  • Work on corporate projects and initiatives under the FIA unit that impact the entire organization, as requested.

    What you’ll need:

    • Education: A master's degree in finance, economics, risk management, or a related field is required. Certifications such as FRM (Financial Risk Manager) or CFA (Chartered Financial Analyst) are highly desirable.
    • Experience: At least 6 years of professional experience in financial modeling, financial planning and analysis, and financial management. Previous experience in direct equity investments, venture capital funds, and lending risks is a plus. Demonstrated experience working in or with markets in Latin America and the Caribbean. Familiarity with the region's financial regulatory environment, economic trends, and specific risk factors affecting investments.
    • Languages: Proficiency in Spanish and English, spoken and written, is required. Additional knowledge of French and Portuguese is a plus.

      Key Skills:

      • Exceptional skills in quantitative analysis and financial modeling. Ability to interpret complex financial data, model it and derive insightful conclusions.

      • Excellent communication skills, including the ability to clearly explain complex financial and risk management concepts to a diverse audience. Proficiency in preparing and delivering formal presentations to stakeholders.
      • Ability to think strategically and holistically about risk factors and financial performance, contributing to the firm's broader mission and objectives.
      • Advanced user of financial software tools and applications, including risk assessment and financial modeling platforms. Highly proficient in MS Excel, Power Apps, Power Automate and Power BI.
      • Demonstrated ability to work effectively in multidisciplinary teams, showing a collaborative mindset and contributing to a positive work environment.
      • Knowledge of relevant IDB Group policies, procedures, systems (such as SAP Finance) and databases, and management processes would be an advantage. Hands-on experience using digital technologies and content management systems with demonstrated knowledge in digital audience analytics, collection of business and system requirements, and reporting is desired.

        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: Consultant Full-Time.
          • Length of contract: 12 months.
          • Location: Headquarters, Washington DC.

            What we offer

            The IDB group provides benefits that respond to the different needs and moments of an employee’s life. These benefits include:

            • A competitive compensation package.
            • 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: ​​​​​​​The 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.

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