We improve lives
The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean. Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.
About this position
The Treasury Division is seeking a committed, dynamic, and collaborative professional to join our team in the role of Consultant within the Treasury's Investment team (INV). This position will provide support for the asset management services offered to central banks and official institutions participating in the IDBโs Capacity Building, Asset Management & Advisory program (CAsA). This program aims to promote the creation and strengthening of the institutional capacities of central banks and official institutions in the region, leveraging our internal capabilities in asset management, capital markets development, regulation and technical assistance. As a consultant, you will play an important role in supporting portfolio management tools, activities, and engaging in client relations tasks.
You will work in the Investments Group of the Treasury Division, part of the Finance department. This team is responsible for managing the Bankโs liquid assets investment portfolio, trust funds, and assets under the CAsA program. Investments are focused on high-grade fixed income securities.
What youโll do
- Provide support for portfolio management activities, including research on eligible fixed income markets, evaluating the feasibility of potential investments and monitoring current investments.
- Develop and maintain analytical tools and solutions that support the portfolio management service for the CAsA participants.
- Collaborate in creating training materials on asset management and financial asset markets that support the capacity-building program for CAsA participants.
- Design, generate, and review portfolio reports, utilizing existing systems and available data to provide valuable insights for the IDB and CAsA participants.
- Assess and respond to inquiries from external clients related to portfolio management, maintaining effective communication and addressing periodic and special requirements.
- Undertake additional research and analytical tasks, as directed, to support INV's general functions.
What you'll need
- Education: Masterโs degree (or equivalent advanced degree) in Data Science, Engineering, Computer Science, Finance, or other fields relevant to the responsibilities of the role. An equivalent number of years of professional experience may be substituted in lieu of the degree, if the experience directly aligns with the aforementioned areas of discipline.
- Experience: At least 5 years of experience in fixed income markets and/or portfolio management.
- Languages: Proficiency in Spanish and English, spoken and written, is required. Additional knowledge of French and Portuguese is preferable.
Requirements
- Citizenship: You are either citizen of one of our 48-member countries with residency or legal permit to work in the country of residence.
- Consanguinity: You have no family members (up to the fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab.
- Local Remote Modality: The selected candidate will not provide services from the Bank's office and will not be provided a physical space on the premises of the Bank's Country Office. The candidate selected will be responsible for setting up the space and for having the equipment, internet, and phone access to accomplish these TORs, outside the Bank's office. Access to the Bank's systems will be arranged in coordination with the Bank.
Type of contract and duration
โข Consultant: National Consultant (Local Remote Modality)- 24 months (up to 36 months).
What we offer
The IDB group provides benefits that respond to the different needs and moments of an employee's life. These benefits include:
- A competitive compensation package.
- Leaves and vacations: 2 days per month of contract + gender-neutral parental leave.
Our culture
At the IDB, we work so everyone brings their best and authentic selves to work while finding their purpose. Our people consistently strive for excellence, and we recognize and celebrate the impact of their contributions.
In our efforts to drive innovation, we intentionally include all voices, cultivate a sense of belonging and champion fairness. We welcome individuals from underrepresented groups to join us and share their unique perspectives.
We ensure that individuals with disabilities are provided reasonable accommodations to participate in the job interview process. If you require an accommodation to complete this application, please email us at accommodations@iadb.org.