Capital Adequacy and Sovereign Vulnerabilities Senior Specialist/Specialist

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

We are looking for a motivated and disciplined professional with a background in financial risk and financial modeling. As Capital Adequacy and Credit Rating Agency Senior Specialist/ Specialist you will be leading/supporting the implementation of financial models to assess capital requirements for lending portfolios as per the credit rating agencies methodologies, asses the implications of potential sovereign vulnerabilities and assist in the internal Economic Capital Model estimations.

The ideal candidate will be able to quickly understand the institution’s financial position to support the capital adequacy assessment, planning, and analysis. The role requires advanced expertise in financial/capital forecasting and macroeconomic dynamics that can impact the creditworthiness of sovereigns, and proficiency in credit rating methodologies.

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 and Triple-A mandate. 

What you’ll do

• Contribute to capital planning and balance sheet forecasts to maintain shadow credit rating methodologies and assess the impact of new businesses or products on capital adequacy.
• Enhance analysis and forecasts to provide recommendations on capital adequacy matters, including country vulnerabilities and balance sheet optimization.
• Guide the macroeconomic oversight efforts, ensuring robust country vulnerability assessments that inform decision-making
• Master and monitor rating agency methodologies for supranational organizations and support incorporating methodology changes in the Bank’s corresponding capital adequacy models.
• Evaluate, monitor, and report on credit risk transfer transactions (including guarantees, insurance, etc.) with other MDB’s, governments, traditional insurers, or the capital markets.
• Lead senior analysts in managing analytics for economic capital.
• Design tools and dashboards that can enhance and improve capital and sovereign vulnerabilities analysis.

• 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.
• Experience: At least 5 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. 

Requirements

•    Citizenship:

    -    (IDB/ IDB LAB - International) 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

•    Staff:
    -    International: International staff contract, 36 months initially, renewable upon mutual agreement.
    

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 
• Leaves and vacations
• Health Insurance
• Pension plan
• We offer assistance with relocation and visa applications for you and your family, when it applies. 
• Hybrid and flexible work schedules 
• Health and wellbeing
• Development support
• Other perks
• Development support

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. If you are a qualified candidate with a disability, please e-mail us at diversity@iadb.org  to request reasonable accommodation to complete this application.
Our Human Resources Team reviews carefully every application.