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 Office of Risk Management (RMG) at the Inter-American Development Bank (IDB) is looking for a dynamic and innovative market risk/investment technology and analytics consultant who will help us enhance our workflow and improve our stress testing and investment portfolio analytics.
What you’ll do
- Configure Summit to support, design, and align risk and portfolio reporting/analytics, including sensitivities and stress.
- Implement stress tests in Summit and test output to assess accuracy.
- Build a dashboard to display stress scenario P&L and other risk metrics for the portfolio.
- Develop documentation to support using stress as the binding risk metric for the investment portfolio.
- Work with technology, first line, accounting, and risk teams to automate the calculation of P&L in the investment portfolio, including analytics for new products.
- Develop dashboards to analyze investment portfolio P&L.
- Document new functionalities in Summit, including the parametrization, calibration and implementation of new stress scenarios; the process to configure new curves and products; reporting capabilities.
What you'll need
- Education: Master’s degree with a strong quantitative background.
- Experience designing and implementing fixed income analytics for trading portfolios at banks. Experience with Summit highly preferred. Familiarity with fixed income risk and valuation systems.Knowledge of calculation of standard fixed income analytics.
- At least 10 years of experience in finance, capital markets, risk management and/or portfolio management with exposure to stress testing and fixed income analytics and P&L.
- Outstanding analytical and problem-solving skills. Strong communication skills, including the ability to draft well-written, coherent analyses and documents for senior management.
- Languages: Proficiency in English.
Requirements
- Citizenship: You are a citizen of one of our 48-member countries. Must be eligible to work in job location(s) without the need for sponsorship.
- 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.
Type of contract and duration
- Type of contract: National full time consultant in the region, 9 months (up to 48 months).
- Work Location: Remote.
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.
-Leave and vacations: 2 days per month of contract + gender-neutral parental leave.
-Health Insurance: The IDB Group provides a monthly allowance for the purchase of health insurance.
-Savings plan: The IDB Group cares about your future, depending on the length of the contract, you will receive a monthly savings plan allowance.
-Fully remote modality.
-Development support: We offer learning opportunities to boost your professional profile, such as seminars, 1:1 professional counseling, and much more.
-Health and well-being: Access to our Health Services Center that provides preventive care and health education for employees.
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.