Inter-American Development Bank (IDB)

Head of The Treasury Client Solutions Team

Inter-American Development Bank (IDB)

Job Description

Head of the Treasury Client Solutions Team Background: The Treasury Division is looking for a dedicated, energetic and team-oriented Head of the Treasury Client Solutions team. The team’s mission: The Finance Department (FIN) manages the Bank’s Financial Resources including debt and non-debt funds, the Bank’s cash position, ensures timely Financial Reporting and financial planning. FIN, through the Treasury Division, is also responsible for the relationship with financial markets and intermediaries. The Treasury Client Solutions team interacts regularly with sovereign and non-sovereign borrowers to facilitate and implement the use of Financial Instruments available to them. What you’ll do: As Group Head, you will be responsible and accountable to:
  • Manage the relationship with our public sector clients on all aspects of debt management, including negotiation (with clients and financial intermediaries) of loan fixings, local/main currency conversions, liquidity management proposals and promotion of the new Treasury services such as commodity hedging.

  • Explore new alternatives that may benefit our borrowers: potential new products, variation of the existing ones, etc.

  • Ensure the team is properly trained and updated of new market developments: services, products, etc. that may benefit our borrowers.

  • Foster regular interactions with internal clients and other support areas (other members of the Finance team, Risk Management, Internal Audit) and with Bank clients, external entities including financial counterparts, other MDBs, etc. to gather market intelligence and feedback to provide for continuous improvement and stronger and innovative value-added services to our clients.

  • Assist the Bank’s Office of Outreach and Partnership providing Technical Support during the negotiation, structuring and execution of transactions involving donor resource mobilization and Administration.

  • Design and lead implementation (with no or limited supervision) of Bank-wide initiatives that seek to expand Bank products or services, this include leadership of inter-departmental working groups.

What you’ll need: 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 fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB Group. Education: Master’s degree (or the equivalent) in Finance, Business Administration, Economics or related field, or CFA required. Experience: Minimum of ten (10) years of relevant markets experience with at least five (5) in a senior role covering public sector and sovereign clients in Latin America and the Caribbean with established relationships with them. Languages: Fluency in English and proficiency in Spanish is required. Command of other official Bank language (French and/or Portuguese) is desirable. Core and Technical Competencies Opportunity Summary: Type of contract: Fixed term Length of contract: 3 years Starting date: January 1st, 2021 Location: Washington D.C. Requirements: You must be a citizen of one of the IDB’s 48 member countries and have no family members currently working at the IDB Group. Our culture: Our people are committed and passionate about improving lives in Latin-America and the Caribbean, and they get to do what they love in a diverse, collaborative and stimulating work environment. We are the first Latin American and Caribbean development institution to be awarded the EDGE certification, recognizing our strong commitment to Gender Equality. As an employee you can be part of internal resource groups that connect our diverse community around common interests. Because we are committed to providing equal opportunities in employment, we embrace diversity based on gender, age, education, national origin, ethnic origin, race, disability, sexual orientation, and religion. We encourage women, Afro-descendants and persons of indigenous origins to apply. About us: At the IDB, we’re committed to improving lives. Since 1959, we’ve been a leading source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean. We do more than lending though. We partner with our 48-member countries to provide Latin America and the Caribbean with cutting-edge research about relevant development issues, policy advice to inform their decisions, and technical assistance to improve on the planning and execution of projects. For this, we need people who not only have the right skills, but also are passionate about improving lives. The IDB offers a competitive remuneration and benefits package. Our team in Human Resources carefully reviews all applications. Due to the current Covid-19 pandemic and its implications for our Region, the IDB Group is reviewing its hiring needs and re-prioritizing its areas of talent acquisition. We encourage candidates to continue to apply to the active postings, yet current job openings may be subject to further decisions in terms of timing of the processes, or other actions, in accordance with business needs. Final hiring decisions may also be conditioned to the candidate’s ability to timely relocate to the post of duty at the moment of starting service. Additional Information

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