Risk Management Operations Lead 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 an experienced, highly motivated, and analytical Risk Management Operations Lead Specialist. As Risk Management Operations Lead Specialist, you will: lead the second line oversight function for project and portfolio risks; produce comprehensive country and sector portfolio risk profiles; and provide technical expertise and advice to Senior Management, country, sector, and project teams. 

You will work in the Environmental and Social Risk Management Group part of the Office of Risk Management (RMG/ESR). RMG supports the IDB’s developmental mission by maintaining a robust and dynamic risk management and oversight framework. It facilitates the understanding, mitigation, and control of risks across the organization to optimize the use of the IDB’s capital and financial resources, to maintain its AAA-rating, and to ensure the IDB follows outstanding operational risk and ESG standards. 

The group is responsible for the oversight of project and portfolio, procurement, and financial management, in addition to the social, environmental, governance, climate change, natural disasters and biodiversity risk area. For all risk areas, RMG/ESR: (i) provides quality assurance and risk review services throughout the project lifecycle; (ii) performs portfolio monitoring and reporting, including in-depth analyses and recommendations to improve risk management and ultimately the performance of projects; (iii) supports other departments through risk management advisory services; (iv) integrates sound risk management practices into country strategies, strategic documents, and existing operational processes; and (v) assesses various risk exposures of the portfolio, providing data-driven, expert advice to Senior Management. 

What you’ll do

• Lead the production and update of comprehensive country and sector portfolio risk profiles, integrating country-specific context, execution challenges, and lessons learned from the IDB Group's past experiences. 

• Conduct in-depth portfolio analyses and provide technical expertise and advice to country, sector and project teams to strengthen operational risk management. 

• Lead the monitoring and tracking of portfolio risk exposures, trends, and key and emerging risks, as well as the reporting of relevant observations to Senior Management. 

• Lead the development and implementation of the quality assurance and risk review process for project and portfolio aspects, focusing on higher-risk aspects. 

• Lead the coordination with multilateral and bilateral development banks to ensure harmonization of portfolio and strategic risk management practices and pilot joint initiatives. 

• Design, deliver, and disseminate knowledge products, training, technical policy interpretation, and guidance notes, in collaboration with other areas of the Bank. 

• Provide guidance and mentorship to other team members, foster a culture of collaboration, open communication, and innovation. 

What you'll need

• Education: Master’s degree (or equivalent advanced degree) in project or portfolio management, business administration, economics, risk management, sustainable development, or other fields relevant to the responsibilities of the role. 
• Experience: At least 10 years of progressive experience in development finance, working with multilateral financial institutions, international non-government organizations, government agencies, or the private sector, preferably in Latin America and the Caribbean. 
• Languages: Proficiency in English and one of the other Bank's official languages (Spanish, French, or Portuguese) is required. 

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: 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 well-being

• Development support

• Other perks

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.