IDB Invest Treasury Operations Trade Settlement Officer

What you´ll need:

• Education: Master’s degree required, preferably in Economics, Engineering, Business Administration, or Finance.
• Experience: You have at least 4 years of relevant experience; successful track record of achieving high quality results and delivering client valuable services to meet team and departmental objectives; expertise of international cash management, foreign exchange market, cash management software, and international payment systems preferred.
• Languages: You are proficient in written and verbal communication in English and in a second official language of the IDB Group (Spanish, Portuguese or French).

Core and Technical Competencies: 

Link to Core & Technical Competences (← please Ctrl + Click)

• Functional expertise:
  • Ability to work in a fast-paced environment while juggling multiple tasks, and to optimally prioritize implementation of solution according to its institutional value
  • Capacity to understand and translate clients’ needs into implementable solutions, providing services that meet clients’ expectations for quality and performance
  • Ability to listen actively, obtain necessary input, share ideas, speak persuasively, and convey information in a clear, objective, and concise manner.
• Other skills:
  • Demonstrate strong working knowledge of pre/post trade settlement processes of Fixed Income, Derivative and Cash Instruments and financial calculations.
  • Strong knowledge of Bond and ISDA Swap documentation
  • Experience working with Treasury Management Systems, Markitwire, Bloomberg AIM and People Soft Treasury module will be desirable
  • Ability to utilize technology to improve and advance new and existing processes
  • Familiarity with international payment systems and software, such as SWIFT, TARGET, CHIPS, CHAPS, IBAN, ACH Payments, and office software (i.e., Word, PowerPoint, and Excel).

Opportunity Summary:

• Type of contract: Staff Position
• Length of contract: Up to 36 months
• Location: Headquarters Washington DC or San Jose, Costa Rica
• Requirements: You must have no family members currently working at the IDB Group.  
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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 diversity based on gender, age, education, national origin, ethnic origin, race, disability, sexual orientation, and religion. We encourage women, Afro-descendants and persons of Indigenous origins 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.

Visa and Work Permit: The Bank, pursuant to applicable policies, may submit a visa request to the applicable immigration authorities; however, the granting of the visa is at the discretion of the immigration authorities. Notwithstanding, it is the responsibility of the candidate to obtain the necessary visa or work permits required by the authorities of the country(ies) in which the services will be rendered to the Bank. If a candidate cannot obtain a visa or work permit to render services to the Bank the Consultant offer will be rescinded.

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. In the event, the selected candidate cannot relocate to the post of duty, the start date may have to be postponed or temporary work agreement ratified, ad-hoc, in accordance with business needs and applicable policies, with the view of having the candidate physically present in the post of duty by July 1 at the latest, should travel regulations permit it.