Credit Risk Management Officer

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 Credit Risk Management Division of IDB Invest is looking for a professional with strong experience in as many of the following areas/industries as possible: financial institutions, structured finance, and investment funds.

What you’ll do

• Support the origination, execution, and monitoring of financial institutions, structured finance, and investment fund transactions and provide independent technical risk assessments of IDB Invest’s transactions, identifying issues to be addressed by various business areas and offer potential solutions and alternatives.
• Perform the independent credit risk and/or investment assessment of sophisticated transactions, including reviewing and providing advice on financing structures, financial documents, consultant reports, financial models, and legal documentation in order to fully assess resulting credit and investment risk and possible mitigants to assigned transactions.
• Be part of multidisciplinary teams in the analysis of prospective transactions and make recommendations to mitigate the identified key credit risks, as part of the credit approval process.
• Review and ratify the internal credit risk ratings applicable to the transactions assigned, considering all dimensions involved, including borrower risks, transaction structure risks, and the macro/regulatory environment, as well as the envisioned probability of default, loss-given default, and expected recoveries.
• Prepare written credit risk assessments including a credit recommendation on the counterparty's risk profile/rating in accordance with our credit policy and guidelines and documentation standards.
• Formulate well-reasoned recommendations and persuasively communicate recommendations at required committees and to senior management.
• Review and evaluate waivers and amendments presented by the Portfolio Management and Origination Divisions.
• Work closely with the Special Assets Division on troubled debt restructurings to identify suitable debt restructuring strategy, steer jointly with that Division and other partners in the IDB Invest the recovery efforts and propose loan provisions
• Use an array of analytical tools, risk management models and methodologies to measure IDB Invest credit risk exposure for assigned projects and ensure that all transactions operate inside of clearly established limits.

What you'll need

Education: Master’s degree (or equivalent advanced degree) in Business Administration, Finance, Engineering, or relevant field.

Experience: Eight years of relevant professional experience in a similar position. You will also possess confirmed analytical skills and experience in seeking innovative solutions.

Languages: You are proficient (oral and written) in English. Additional knowledge of Spanish, Portuguese, or French is a plus.

Requirements

Citizenship: You are either a citizen of Trinidad and Tobago or a citizen of one of our 48-member countries with residency or legal permit to work in Trinidad and Tobago.

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

National: National 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, including:

• 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 supports 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, and mobility options, among 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 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.

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