IDB Invest Financial Systems – Business Analyst Consultant

Technical Support
2000000886 Requisition #

IDB Invest Financial Systems – Business Analyst Contract

Context of this search:

The IDB INVEST, a member of the Inter-American Development Bank (IDB) Group, is a multilateral organization based in Washington, D.C., that is committed to the development of Latin America and the Caribbean through the private sector.

The proposed consultancy is to support IDB INVEST’s financial processes including current and new functionality. The incumbent will support the project team with the business process mapping, analysis, QA / Testing management and business support. 

What you’ll do:
  • Work with technology and business unit leadership to manage the optimization of our cash management processes, which include business function reengineering, technology optimization, and in mitigating operational risk.
  • Act as liaison between IT and Finance to document and translate business
  • The successful analyst will work closely with the business unit to map existing cash processes, identify opportunities, and write-up detailed business requirement documents that will drive configuration / development changes.
  • Work on the build-out of test scripts and perform key testing during production roll-out of new functionality.
  • In addition, the candidate will project manage various initiatives to ensure transparency, a game plan around execution, and provide the subject matter expertise needed for the successful implementation.
  • Liaise with leadership of the business units, vendors, and management consulting firms.
  • Coordinate, and manage the various phases of identification of a solution by working with vendors in demos, drill-down sessions, and with the build-out of an RFP process to identify the various functional requirements.
What you´ll need:
  • Consanguinity: You have no family members (up to fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab
  • Education: Bachelor’s degree for a level I or Master’s degree for a level II in Business Administration, Finance, Computer Sciences or related field.
  • Experience: Minimum of 2 years of experience for a level I. More than 7 years of experience for a level II in banking, capital markets or management consulting, with experience in a business analyst role in at least 3 years as a business analyst is highly desirable.
  • Languages: Fluent in English or Spanish.
Core and technical competencies
  • Areas of Expertise:  Familiarity with business process modeling tools and techniques.
  • Skills: Excellent communication, analytical, facilitation, and process modeling skills. Proven ability to work both independently and in a dynamic team environment. Ability to extensive business processes analysis and workflows.
  • Strong skillsets in the application of cash management of loans, derivatives, securities, and other fixed income instruments.
  • Strong skills to understand various asset classes, their life cycle, and events to cash processing, cash reconciliation / matching, and wiring.
  • Knowledge of third-party systems related to cash management solutions in capital markets / banking a plus, especially PeopleSoft, SAP, and SWIFT.
  • Good communication skills as you will be liaising with various team leads and their proxies.
  • Ability to structure project plans, PowerPoint slides, and lead meetings.
  • Analytical, ability to structure an approach and methodology when looking at solving key business issues.
  • Treasury solutions or PeopleSoft knowledge of Cash Management, GL, or Deal Manager Modules is a plus.
  • Functional expertise: [i] You are able to work in a high-pressure environment while juggling multiple tasks, and to effectively prioritize tasks, [ii]  you are able to understand and translate clients’ (business units) needs into solutions, providing services that meet clients’ expectations for quality and performance; [iii]  you listen actively, obtain necessary input, share ideas, speak persuasively, and convey information in a clear, objective, and concise manner.
Opportunity Summary:
  • Consultancy category and modality: Consultant
  • Contract duration: 12 months
  • Estimated starting date: To be defined
  • Place(s) of work: IDB Headquarters, Washington, DC, U.S.A.
  • Responsible person: IT Lead Officer 

Our culture: Working with us you will be surrounded by a diverse group of people who have years of experience in all types of private investment development fields, including infrastructure and energy, corporates, financial institutions, financial and non-financial products and services, gender and diversity, communications and much more.

Because we are committed to providing equal opportunities in employment, we embrace all diversity and encourage women, LGBTQ+, persons with disabilities, afro-descendants, and indigenous people to apply.

About us: IDB Invest, a member of the Inter-American Development Bank (IDB) Group, is a multilateral organization, committed to the development of the private sector of Latin America and the Caribbean by financing loans, equity investments, and guarantees. In addition, IDB Invest partners with clients to provide advisory and training services. 

The IDB Invest offers a competitive remuneration and benefits package.

Our Human Resources Department carefully reviews all applications.

Due to the current COVID-19 pandemic and its implications for our Region, the IDB Group is reviewing its hiring needs and re-prioritizing its areas of talent acquisition. We encourage candidates to continue to apply to the active postings, yet current job openings may be subject to further decisions in terms of timing of the processes, or other actions, in accordance with business needs. Final hiring decisions may also be conditioned to the candidate’s ability to timely relocate to the post of duty at the moment of starting service.”

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