Model Risk Consultant

What you'll need:

• Education: Master’s/Graduate University degree in a quantitative field, preferably in mathematics, economics, engineering, statistics, actuarial science, risk or finance. FRM/CFA is a plus. 
• Experience: Minimum of 5 years of technical experience in corporate finance, asset/equity valuation/pricing acquired at a peer institution or international bank; experienced knowledge of asset pricing and valuation models and frameworks (e.g. DCF, CAPM, APT, derivatives pricing models (e.g. options, CDS), hybrid securities, securitization structures); knowledge of financial data infrastructure, processing and management, coding; knowledge of statistical techniques for data sampling, predictive models, parameter estimation and statistical significance , hypothesis testing, model selection; hands-on experience in producing advanced reports with BI tools, especially Power BI. Additional experiences in economic capital, market risk, ALM or operational risk will be considered a plus; strong communication skills, including preparation and delivery of presentations to Management; process oriented to designing and implement automated process.
• Languages: oral and written proficiency in English required. Spanish is a plus.
• Systems: Advanced user of Microsoft tools: Excel, Power point, Word and Power BI (other similar tools like Tableau will be also considered), SQL; Strong coding skills (e.g. VBA, R, MATLAB Python, Julia); Experience with dynamic modeling solutions like Crystal Ball.

Key skills

• Learn continuously.
• Collaborate and share knowledge.
• Focus on clients.
• Communicate and influence.
• Innovate and try new things.

Requirements

• Consanguinity: You have no family members (up to fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB Group.

Opportunity Summary:

• Type of contract: International Consultant Full-Time
• Length of contract: 36 months.
• Location:  Washington, D.C. (headquarters)

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 packages.

·       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.

·       Health and wellbeing:  Access to our Health Services Center which provides preventive care and health education for all employees.

·       Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, and others.

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 $20.9 billion in asset management and ~500 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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