Financial Control and Operational Risk Management Consultant

What you’ll need:

• 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.
• Consanguinity: You have no family members (up to fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB Group.
• Education: Bachelor’s degree in relevant fields such as risk management, finance, business administration or accounting. Master’s degree preferable.
• Experience: Minimum of 3 years of relevant experience - preferable with an international financial institution, or with exposure to the treasury department of an organization - in operational risk management, internal controls, compliance or audit, in the assessment of operational risk and internal control systems. Working experience with COSO Internal Control Framework and Bwise system is desirable.
• Language: English and Spanish

Core and Technical Competencies:

• Knowledge and experience implementing operational risk management frameworks including Risk and Control Self Assessments (RCSA), Control Testing, Key Risk Indicators (KRI), Action Plans and other elements of ORMF
• Solid foundation and knowledge of operational risk best practices in the financial services industry as it relates to items such as data privacy, aligned assurance, CECL, cyber security and more.
• Business & Technology Knowledge: Demonstrates business and technology perspective and broad understanding of related processes and frameworks. 
• Knowledge of best practices and internal controls of financial institutions is a plus
• Internal Control & Technique: Has a solid foundation of internal control knowledge and tools, standards such as COSO Internal Control Framework, and Basel standards, COBIT is a plus.
• Knowledge and experience on Governance Risk and Compliance (GRC) tools and interpretation of results in the context of business processes is a plus
• Information Management & Reporting: Develops well-organized, well-written, analytically sound and thorough reports. 
• Strong quantitative and analytical skills.
• Strong communication skills, both written and spoken, and the ability to influence others.
• Knowledge of generally accepted accounting principles US GAAP is a plus.
• Knowledge of risk management related to technological innovations such as Artificial Intelligence, Robotics, Block Chain, a plus.
• Proficient in the use of Excel, Word, and other Microsoft Office products.
• Ability to interact with all levels of an organization.
• Able to work well independently and within a team environment and take initiative to drive for results with assigned tasks.
• Strong analytical and problem-solving skills, and attention to detail.

Opportunity Summary: 

• Type of contract: Consultant
• Length of contract: 24 months (up to 36 months)
• Location: Washington D.C
• Requirements: You must be a citizen of one of the IDB’s 48 member countries and have no family members currently working at the IDB Group.  

Our culture: Our people are committed and passionate about improving lives in Latin-America and the Caribbean, and they get to do what they love in a diverse, collaborative and stimulating work environment. We are the first Latin American and Caribbean development institution to be awarded the EDGE certification, recognizing our strong commitment to gender equality. As an employee you can be part of internal resource groups that connect our diverse community around common interests.  

We encourage women, afro-descendants, people of indigenous origins, and persons with disabilities to apply.  

About us: At the IDB, we’re committed to improving lives. Since 1959, we’ve been a leading source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean. We do more than lending though. We partner with our 48-member countries to provide Latin America and the Caribbean with cutting-edge research about relevant development issues, policy advice to inform their decisions, and technical assistance to improve on the planning and execution of projects. For this, we need people who not only have the right skills, but also are passionate about improving lives.  

Our team in Human Resources carefully reviews all applications.