Institutional Banking Lead or Senior Specialist

Treasury and Risk
1900000798 Requisition #

   Institutional Banking Lead or Senior Specialist

(Treasury and Risk Lead or Senior Specialist) 


Background: The Treasury Division is looking for a dedicated, energetic and team-oriented professional to fill a position in the Institutional Banking Team within the Treasury Middle Office and Banking Group. You will provide recommendation and advice to the Group Head and Treasurer on the establishment, negotiation, maintenance and oversight of a network of financial relations necessary for the efficient management of IADB financial transactions in a multi-currency environment. You will also be responsible for leading the Banking Team and the coordination of its daily operations with the Treasury Middle Office and Banking Group Head.


The team’s mission: The Banking Team is responsible for (i.) establishing, managing and controlling a network of public and private financial institutions for the delivery of financial services for the swift execution of IDB financial transaction while minimizing risk; (ii.) ensuring that the IDB country Offices receive high quality banking services from the partner financial institutions, (iii.) manage and execute counterparty Standard Settlement Instructions for Treasury transactions; (iv.) provide support and coordinate with legal counsel and relevant areas regarding regulatory requirements requested by Treasury counterparties; (v.) Monitor and flag AML/CTF lists in relation to selected vendor databases; (vi.) manage for the FIN department the authorized signatories document and (vii.) support the Department’s change-the-business initiatives. Within this context the Group provides tailored solutions to internal clients while bringing innovation to enhance operational efficiency.

What you’ll do:

  • Ensure the establishment, negotiation, maintenance and control of an institutional network of banking relations necessary for the efficient management of the Bank's financial resources and financial transactions.
  • Execute and provide advice on the technical aspects of the opening and closing banking relations including the monitoring of bank account operations and services. Oversee bank account information in all relevant systems to ensure the accuracy of data and compliance of security controls at all times.
  • Coordinates with Risk Management Group (RMG) to stay ahead of any changes in the financial condition of institutions within IDB network of financial relations.
  • Assess the quality level and cost-effectiveness of institutional network of banking services.  Coordinate periodic reviews of service performance vis-à-vis standing services agreements and leads due diligence missions to financial service providers.
  • In coordination with relevant Bank officers, establish direct communication lines with both internal and external clients to analyze and resolve systemic problems and/or introduce cost effective solutions to financial transactions processes through automation and integrated systems.
  • Proactively research and make recommendations for innovation and improve procedures to streamline processes on issues regarding banking services.
  • Analyze survey results from internal clients for annual bank service evaluation and quality review exercises. Verify and evaluate the compliance of contracted services between the Bank and commercial depository banks, as well as provide feedback to senior management.
  • Keep abreast of regulatory and technological developments and the best practices in the banking industry to sustain an optimum-banking infrastructure, as well as AML/CTF.
  • Responsible for coordinating with internal clients and financial providers the implementation projects for new enhanced financial services.


Education: You hold a Master's degree (or equivalent) in business administration, finance, or related disciplines. 

Experience: You have a minimum of 10 years work experience, with at least 5 years in institutional banking related areas supporting; a) bank relationships, b) bank documentation, c) web banking security, d) standard settlement instructions, e) collateral management services, f) performance measurement and evaluation of bank relationships, and g) at least 3 years of experience in Anti-Money laundering monitoring. In depth knowledge of international and domestic payment regulations and systems is strongly desired.

Languages: Fluent in English and Spanish. Proficiency in Portuguese and/or French is a plus.



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

Opportunity Summary: 

Type of contract: Fixed term

Length of contract: 3 Years

Starting date: December 1st

Location: Washington DC



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.


The IDB offers a competitive remuneration and benefits package.

  Our team in Human Resources carefully reviews all applications.

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