Country Vulnerabilities Treasury & Risk Senior Associate We are looking for a motivated and disciplined professional with a background in economics and financial risk. As Country Vulnerabilities Senior Associate, you will support country vulnerability analysis, including country risk indicators, and their implications in the Bank’s loan portfolio and capital adequacy metrics. You will work in the Credit Risk Management Group (RMC) as part of the Office of Risk Management (RMG). RMC develops and applies models and instruments for the assessment and management of credit risk in the Bank’s lending operations and capital requirements. It performs country vulnerability assessments, recommends approval and performs periodic credit assessments of issuers and counterparts in Treasury operations. RMC is in charge of quantifying and overseeing the Bank’s Capital Adequacy Policy.
What you’ll do Conduct macroeconomic and financial oversight, including monitoring of economic indicators, fiscal policies, debt levels, political stability, CDS, EMBI, and other relevant financial indicators of countries in the Bank’s portfolio.
Understand the drivers of sovereign credit ratings and identify emerging risks to credit ratings and the potential impact on the loan portfolio.
Manage databases and perform data analytics, creating and/or enhancing analytical tools to improve the assessment of country vulnerability analysis and its implications on the Bank’s operations.
Support the assessment of the impact of political measures, government policies, and geopolitical events on a country’s economic environment and credit risk to assess potential impact on the Bank’s operations.
Support the development of potential future scenarios based on current data and trends.
Assess how different disbursement profiles might impact capital adequacy metrics.
Monitor and report on delays in disbursements to help optimize the portfolio and reduce unnecessary capital consumption.
Participate in the drafting of presentations and reports to senior management.
What you’ll need Education: Master’s degree (or equivalent advanced degree) in Finance, Economics or related quantitative background in an accredited University. CFA Charter is desirable.
Experience: At least 3 years of professional experience in jobs related to financial modeling for Banks, capital adequacy, or a similar relevant field.
Languages: Proficiency in English and one of the other Bank’s official languages (Spanish, French, or Portuguese) is required.
Key Skills Proven analytical skills with a strong orientation towards detail, and an emphasis on data and modeling are required.
Proficiency in sovereign credit metrics and debt sustainability is expected.
Proficiency in research and extraction of data from government agencies, IMF, World Bank, Bloomberg, and Credit Rating Agencies.
Ability to understand financial models for banking institutions is highly desirable.
Understanding of Basel regulations, ESG factors, and international economic frameworks is desirable.
Full proficiency in Microsoft Excel and Access, including macros and VBA.
Knowledge of other software tools such as Tableau, SQL, Bloomberg, and PowerBI is desirable.
Excellent writing and communication skills.
Requirements Citizenship: You are a national of one of the countries listed and you currently reside or plan to reside in one of the listed countries.
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.
Locations The position can be based in any of the following countries: Argentina, Bahamas, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Guyana, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, Spain, Suriname, Trinidad & Tobago and Uruguay.
Type of contract and duration National staff contract, 36 months initially, renewable upon mutual agreement.
What we offer A competitive compensation package
Leaves and vacations: 24 days of paid time off + 8 personal days + sick leave + gender-neutral parental leave
Health Insurance: medical, dental, vision, preventive care, and prescription drugs
Pension plan: predefined pension plan
Relocation and visa assistance where applicable
Hybrid and flexible work schedules
Health and wellbeing: access to Health Services Center
Development support: mentoring, counseling, training, language classes, mobility options
Other perks: lactation room, daycare, gym, bike racks, parking, spouse career program, and more
Our culture At the IDB, we work so everyone brings their best and authentic selves to work while finding their purpose. We welcome individuals from underrepresented groups and ensure reasonable accommodations for interviews. If you require an accommodation, please email accommodations@iadb.org.
Seniority level Mid-Senior level
Employment type Contract
Job function Finance and Sales
Industries: International Trade and Development
#J-18808-Ljbffr