Post of Duty: Multiple Locations
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
We are looking for a dedicated, energetic, and team-oriented treasury professional to fill a position in the Institutional Banking Team within the Treasury Middle Office and Banking Group. This position provides support on recommendations to the Group Head and Team Leader for the establishment/implementation, 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 work in the Banking Team responsible for:
- 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 transactions while minimizing risk.
- Ensuring that the IDB country Offices receive high-quality banking services from the partner financial institutions.
- Overseeing and executing counterparty Standard Settlement Instructions for Treasury transactions.
- Providing support and coordinating with legal counsel and relevant areas regarding regulatory requirements requested by Treasury counterparties.
- Monitoring and flagging AML/CTF lists in relation to selected vendor databases.
- Managing for the FIN department the authorized signatories document.
- Supporting the Department’s change-the-business initiatives.
What you’ll do:
- Support the technical aspects: opening and closing banking accounts across the systems inventory including the monitoring of bank account operations and services ensuring the accuracy of data and compliance of security controls in accordance with Bank’s Policies and Procedures.
- Support the maintenance of the exchange of Swift authenticator keys with the Bank correspondents worldwide for sending/receiving financial messages such as money transfers.
- Support on the maintenance for the veracity, authenticity, and integrity of finance and accounting systems keeping abreast of technological developments and the best practices in the banking industry.
- Support and analyze survey results from internal clients for annually bank service evaluation and quality review exercise.
- Support on the testing and/or parallel phases of implementation projects for new enhanced financial systems and sub-systems.
- Provide support and expertise in digital transformation, data management, and automated process flow.
What you'll need:
- Education: Master’s degree (or equivalent advanced degree) in business administration, finance, or related disciplines.
- Experience: At least 5 years work experience in related areas supporting bank relationships, bank documentation, knowledge of digital banking technology (ISO 20022, XML, Blockchain, Cyber-security), standard settlement instructions, collateral management services, performance measurement, and evaluation of bank relationships.
- Languages: Proficiency in English and one of the other Bank official languages (Spanish, French or Portuguese) is required.
Key skills:
- Learn continuously.
- Collaborate and share knowledge.
- Focus on clients.
- Communicate and influence.
- Innovate and try new things.
Requirements:
- Citizenship: You are a citizen of one of our 48-member countries eligible to obtain a valid residency or legal permit to work in one of the 48-member countries without the need for sponsorship by the IDB.
- Consanguinity: You have no family members working at the IDB, IDB Invest, or IDB Lab.
- 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.
Type of contract and duration:
- Type of contract: National Consultant (National Remote Modality).
- Length of contract: 24 months.
- Work Location: Remote.
What we offer:
- 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.
- Hybrid and flexible work schedules.
- Health and wellbeing: Access to our Health Services Center.
- Development support: We offer learning opportunities to boost your professional profile.
Our culture:
At the IDB Group we work so everyone brings their best and authentic selves to work, willing to try new approaches without fear, and where they are accountable and rewarded for their actions.
Diversity, Equity, Inclusion and Belonging (DEIB) are at the center of our organization. We celebrate all dimensions of diversity and encourage women, LGBTQ+ people, persons with disabilities, Afro-descendants, and Indigenous people to apply.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job interview process.
About the IDB Group:
The IDB Group offers flexible financing solutions to its member countries to finance economic and social development.
About IDB:
We work to improve lives in Latin America and the Caribbean.
