Human Resources Senior Associate – Pension Administration
Location: Washington, D.C., United States
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 dynamic and innovative Human Resources Sr. Associate – Pension Administration who will help us change people’s lives in Latin America and the Caribbean by carrying out an effective administration of retirement and post-retirement benefits for IDB staff.
The IDB’s Retirement Plans Pension Administration team is part of the Executive Secretariat of the IDB Retirement Plans (VPF/SRP) and oversees administering the benefits and actuarial lifecycle of five retirement plans for international and local employees. With over 5,000 participants, the Secretariat needs a strong team of professionals to administer pension benefits, payments, and associated pension administration systems in an efficient manner.
SRP is responsible for overseeing the payment or distribution of benefits, managing the investment of assets, carrying out the day-to-day administration of the Plans, and performing other functions contemplated in the Plan’s regulations and/or delegated by the Managing or Pension Committees. SRP is clustered into three teams: investment, pension administration, and front office and analytics. You will be part of the pension administration team.
What you’ll do:
Determine pension benefits for the Staff and Local Retirement Plans, cost-of-living adjustment to pensions, restoration of service, and transfer of pension rights under the IDB Retirement Plans agreements.
What you'll need:
Education: A master’s degree (or equivalent) in Business Administration, Accounting, Computer Science, Economics, Public Administration, or Law. Certifications in SAP ECC and SAP HCM are desired. Concentration on human resources or something similar is preferred. Experience: At least three years of relevant professional experience in pension administration matters, risk management, accounting, or human resources management. Experience in Project Management, process digitalization, and quantitative and financial analysis skills to administer pension benefits and payments are highly desirable. Knowledge of MS Project, Power BI, Tableau, SQL, and/or other programming, analytics, and visualization systems is a plus. Languages: Proficiency in English and one of the other Bank’s official languages (Spanish, Portuguese, or French) is required.
Key skills
Learn continuously.
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.
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 employee’s life. These benefits include:
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.
Our Human Resources Team reviews carefully every application.
About the IDB Group
The IDB Group, composed of the Inter-American Development Bank (IDB), IDB Invest, and the IDB Lab, offers flexible financing solutions to its member countries to finance economic and social development through lending and grants to public and private entities in Latin America and the Caribbean.
About IDB
The Inter-American Development Bank is devoted to improving lives. Established in 1959, the IDB is a leading source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean. The IDB also conducts cutting-edge research and provides policy advice, technical assistance, and training to public and private sector clients throughout the region.
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External Opening Date: Feb 27, 2024 External Closing Date: Mar 14, 2024 Job Field: Human Resources