Invest Risk Management Officer

Inter-American Development Bank

Washington DC, United States of America

Experience: 3 to 5 Years

Skill Required: Accounts and Finance

IDB Invest aims to be the partner of choice for the private sector in Latin America and the Caribbean. We finance projects to advance clean energy, modernize agriculture, strengthen transportation systems, and expand access to financing. Like the Inter-American Development Bank (IDB), our commitment is to economic growth and social inclusion; that is central to our identity, as part of the IDB Group. But our focus is on the private sector. As the private sector arm of the IDB Group, we know the region. We work where our clients are and can provide them with customized financing solutions and expert advice tailored to their specific industry and market. IDB Invest is owned by its 47 member countries, 26 of which are in the Latin American and Caribbean region. Each country’s voting power is proportional to the number of IDB Invest shares it holds.

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 multicultural work environment. We are the first Latin American and Caribbean development institution to be awarded the EDGE certification, recognizing our strong dedication to gender equality.  We encourage women, afro-descendants, Indigenous peoples, the LGBTQ+ Community, and persons with disabilities 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 HRSC@iadb.org to request a reasonable accommodation to complete this application.

What you will do:

  • Support the quarterly calculation of collective loss allowance under CECL.
  • Maintain and improve a Risk Management Information Systems (MIS) to consolidate and organize credit risk data.
  • Develop new analysis and reports by exploring institutional data sets with diverse usable information.
  • Prepare quarterly and monthly credit portfolio risk reports, using graphs, infographics, and other methods.
  • Participate in several projects with IT to implement risk systems, improve data availability and quality for Risk Management.
  • Write clear and well-structured business requirements/documents.
  • Maintain forecasts of risk metrics based on existing portfolios and business pipeline.
  • Monitor pipeline of new deals against defined portfolio metrics.
  • Consolidate data and prepare Power Point presentations to senior committees.
  • Design and implement process and controls to established risk limits.

What you will need:

Education:

  • A master degree in Economics, Finance, Business Administration.

Experience:

  • 3+ years of relevant professional experience in risk management, working with Management Information Systems (MIS), at a peer institution or international bank; knowledge of credit portfolio management, experience in participating in IT projects to improve data sourcing and develop risk reporting framework; data management; extensive 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 and Spanish required; knowledge of Portuguese or French is a plus.

Source: https://iadbcareers.referrals.selectminds.com/jobs/idbinvest-risk-management-officer-active-portfolio-management-4474