Country Vulnerabilities Treasury

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

City: Asuncion, Bogotá, Brasilia, Buenos Aires, Christ Church, Georgetown, Guatemala City, Kingston, La Paz, Lima, Managua, Mexico City, Montevideo, Nassau, Panamá, Paramaribo, Port of Spain, Port-au-Prince, Quito, San Jose, San Salvador, Santiago, Santo Domingo, Sao Paulo, Tegucigalpa

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.

The ideal candidate will be able to quickly understand the institution’s loan book and the implications of changes in the capital adequacy assessment and lending forecasts. The role requires advanced expertise in macroeconomic dynamics that can impact the creditworthiness of sovereigns, financial markets and instruments, and a good understanding of financial modeling.

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 Banks’ 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.
  
  

Technical Track

Focus on Clients

Communicate and Influence

Innovate and Take Risks

Learn Continnuously

Collaborate and Share Knowledge

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 below and you currently reside or plan to reside in one of the 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, Cost 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

Benefits

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: 24 days of paid time off + 8 personal days + sick leave + gender- neutral parental leave
• Health Insurance: IDB Group provides employees and eligible dependents with a robust medical benefits program which covers medical, dental, vision, preventive care, and prescription drugs.
• Pension plan: pre-defined pension plan that provides financial security and support employees in planning for their future.
• We offer assistance with relocation and visa applications for you and your family, when it applies.
• Hybrid and flexible work schedules
• Health and wellbeing: Access to our Health Services Center which provides preventive care and health education for employees.
• Development support: We offer tools to boost your professional profile such as mentoring, 1:1 professional counseling, training and learning opportunities, language classes, mobility options, among others.
• Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, Spouse Career Program, and others.
• Development support: We offer learning opportunities to boost your professional profile such as seminars, 1:1 professional counseling, and much more.
  
  

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

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