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 seeking a dynamic and innovative consultant in ALM Risk and Technology to support the implementation of a system solution for Asset and Liability Management

What you’ll do

• Integrate into the project team for the end-to-end implementation of the ALM solution, including requirements definition, configuration, implementation, and testing. Act as a subject matter expert in Asset and Liability Management (ALM).
• Learn the unique operational model of the institution and prepare requirements documentation that accurately reflects the Balance Sheet features (e.g., loan pricing mechanism, Equity Duration, Liquidity Floor) to support the discovery phase with the system vendor.
• Act as a liaison between internal stakeholders (Risk, Finance, IT) and the solution vendor to ensure that requirements are clearly understood and effectively delivered.
• Contribute to the preparation and validation of functional documentation related to ALM methodologies, such as interest rate risk (IRRBB), liquidity risk, and financial projections.
• Review and validate system outputs, reports, and dashboards generated by the ALM solution to ensure alignment with defined requirements and stakeholder expectations.
• Coordinate with the Project Management Office (PMO) to monitor project milestones, track deliverables, identify risks, and propose mitigation strategies as needed.
• Assist in the preparation of project status updates, stakeholder communications, and implementation reports, as required. Assist with the production of the Quarterly Risk Management Report for the Board of Directors by preparing parts of ALM/Liquidity sections, charts, tables, or annexes.
• Collaborate in financial projection models to forecast NII, retained earnings and equity position, applying interest rate scenarios and stress tests.
• Generate evaluation and risk analytics to assess the impact of interest rates on the Bank’s Net Interest Income (∆NII), economic value of equity (∆EVE), and duration of equity.
• Monitor and prepare reports on the balance sheet net fixed exposure, repricing gap, basis risk and liquidity metrics. Run data reconciliation processes for financial projections.

What you'll need

• Education: Master’s degree in Finance, Business Administration, Economics, Statistics, Mathematics, or other related quantitative discipline.
• At least 5 years of experience in finance, asset-liability management, risk management and/or fixed income with exposure to balance sheet planning and risk analytics.
• Experience designing and implementing financial systems at banks. Experience with Asset & Liability Solutions (QRM, SAS-Kamakura, Algorithmics, Empyrean, FIS) highly preferred.
• Knowledge of Interest Rate Risk Management of the Balance Sheet (IRRBB).
• Outstanding analytical and problem-solving skills. Strong communication skills, including the ability to draft well-written, coherent analyses and documents for senior management.
• CFA, FRM or CQF certification is desirable.
• Languages: Proficiency in English.

Requirements

• Citizenship: You are a citizen of one of our 48-member countries. We may offer assistance with relocation and visa applications for you and your eligible dependents).
• 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

International consultant Full-Time, 12 months (up to 48 months, subject to eligibility).

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 packages.
• Leaves 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.
• Hybrid and flexible work schedules.
• Development support: We offer learning opportunities to boost your professional profile such as seminars, 1:1 professional counseling, and much more.
• Health and wellbeing: Access to our Health Services Center which provides preventive care and health education for all employees.
• Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, and others.

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.