IDB Invest Treasury Infrastructure and Quantitative Support Consultant
IDB Invest Treasury Infrastructure and Quantitative Support Consultant
Location: United States 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 Invest is looking for an experienced professional with a track record in the implementation of Treasury infrastructure and processes, primarily those related to Derivatives, Asset Liability Management and Funds Transfer Pricing.
In this role, you will contribute to the successful implementation of key initiatives required for scaling-up operations in line with IDB Invest’s Impact+ mandate. Your responsibilities will be dynamic, and depending on your expertise and profile, you will either lead, support, or backfill staff participating in these initiatives.
You will work in the Treasury Division which is part of the Finance and Administration Department. The Treasury Division is responsible for the execution of IDB Invest’s borrowing, hedging, trading, and cash management activities, as well as the management of IDB Invest’s overall balance sheet. Treasury is composed of four different units: Funding, Investments, Local Funding Solutions, and Asset Liability Management.
What you’ll do:
- Develop detailed implementation roadmaps with clear milestones and timelines
- Manage project milestones and produce periodic progress reports across initiatives
- Support the different Treasury units with the infrastructure transition processes.
- Support Treasury fixed income modeling, valuation, and reporting activities, especially those related to IRS and XCCY OTC derivatives.
- Key initiatives include, but are not limited to:
i. Assessment and implementation of new derivatives infrastructure required to scale up currency hedging activities and overall balance sheet market risk hedging activities.
ii. Design and implementation of instrument and market data configuration processes to ensure the capability and versatility to maintain and expand local currency hedging solutions.
iii. Implementation of internal ALM market risk books and related processes to enable the implementation of risk consolidation and transparent execution of balance sheet level hedging activities.
iv. Design and documentation of new business processes required to operationalize the new derivatives system infrastructure. (e.g., trading, booking, amending, product templates)
v. Design and documentation of derivatives valuation processes and system maintenance activities with relevant stakeholders.
vi. Implementation of new Funds Transfer Pricing (FTP) framework, methodologies, and processes. Coordination with the respective evolution of the profitability reporting framework.
vii. Development of business requirements and coordination for the integration of the FTP process with the origination ecosystem and profitability management reporting.
viii. Coordination of Treasury’s stakeholder participation in additional institutional infrastructure initiatives (e.g., loan system replacement)
What you'll need
- Education: Master’s degree (or equivalent advanced degree) in Finance, Risk Management, Engineering, Computer Science, Business, or other fields relevant to the responsibilities of the role. Relevant certifications like PMP, FRM or CQF are a plus.
To excel in this role, you will need:
a. Demonstrable experience with treasury management systems and processes, IRS and XCCY OTC Derivatives, fixed income valuations and overall market risk management processes.
b. Essential project management skills to coordinate the execution of new initiatives (i.e., business / functional requirements, roadmaps, reporting, tracking, and communication with all levels of stakeholders)
c. Ability to communicate effectively with personal and presentation skills.
d. Strong motivation, self-drive, and sense of accountability.
e. Versatility and responsiveness to changing priorities.
f. A sound understanding of fixed income markets, including OTC derivatives.
g. A quantitative background with financial modeling experience
h. Proficiency in Microsoft Excel and basic SQL querying knowledge.
Requirements:
- 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
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.
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 Invest
IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $16.3 billion in asset management and 394 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries.
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