Inter-American Development Bank (IDB)

Invest Treasury Operations Consultant

Inter-American Development Bank (IDB)

Job Description

IDB Invest Treasury Operations Consultant (FNA/OPD) Background: The Finance and Administration Department covers the following areas: Controllership, Treasury, Marketing & Communications and Operations. The newly created Operations Division is responsible for financial and administrative services including treasury operations, financial operations and Document Management; and transaction services including disbursement processing, financial statement spreading & Analysis, compliance, and project monitoring. The Treasury Operations team within FNA/OPD supports IDB Invest’s treasury activities in the area of trade settlements, Cash Management, portfolio servicing and collateral management. The team: You will be part of a high-energy, and creative team. We are looking for a talented and experienced professional to join the Treasury Operations team. You will support the team in the various activities including the Cash management activities, execution of international payments, monitoring the transaction flows, securities settlement and reporting and reconciliations of activities. What you’ll do:
  • Trade Settlement Operations
    • Perform trade confirmation process for all fixed income securities trades with counterparts.

    • Monitor and ensure settlement of investments activities (fixed income securities), funding activities (bonds issued), and derivatives instruments for Treasury related activities.

    • Review Bond and Swap documentation for the Funding portfolio.

    • Process and record cash, investment, funding, and derivative transactions in systems.

    • Ensure accurate and smooth portfolio servicing for all trades which includes Fees, interest, and maturity payments.

    • Monitor and resolve pre-trade/post-trade discrepancies.


  • Cash and Collateral Management
    • Execute daily cash management activities, ensuring timely processing of incoming and outgoing funds in U.S. dollars or local currency, with high quality standards and accuracy.

    • Liaise with swap processing vendor and collateral manager to ensure smooth derivatives operations.

    • Ensure timely resolution of business units’ inquiries regarding payments and collections.


  • Systems and Processes
    • Act as a (SME) Subject Matter Expert on Process Automation providing direction, identify opportunities, designing system enhancements to reduce manual intervention and strengthening controls to support Treasury’s mandate and activities.

    • Participate in the implementation and testing of new treasury products and systems.


What you´ll need Citizenship: 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: Bachelor’s degree required, preferably in Economics, Engineering, Business Administration, or Finance. Experience: You have at least 4 years of relevant experience; successful track record of achieving high quality results and delivering client valuable services to meet team and departmental objectives; expertise of international cash management, foreign exchange market, cash management software, and international payment systems preferred. Languages: You are proficient in written and verbal communication in English and in a second official language of the IDB Group (Spanish, Portuguese or French). Core and Technical Competencies: Functional expertise:
  • Ability to work in a high-pressure environment while juggling multiple tasks, and to effectively prioritize implementation of solution according to its institutional value

  • Capacity to understand and translate clients’ needs into implementable solutions, providing services that meet clients’ expectations for quality and performance

  • Ability to listen actively, obtain necessary input, share ideas, speak persuasively, and convey information in a clear, objective, and concise manner.

Other skills:
  • Demonstrate working knowledge of Fixed Income, Derivative and Cash terminology, concepts, and financial calculations

  • Strong knowledge of Bond and ISDA Swap documentation

  • Experience working with Treasury Management Systems, Markitwire, Bloomberg. People Soft Treasury module and ACBS will be desirable

  • Ability to use technology to improve and advance new and existing processes

  • Data Analytics skills with basic programming skills and knowledge of Power BI will be an advantage

  • Familiarity with international payment systems and software, such as Summit, SWIFT, TARGET, CHIPS, CHAPS, IBAN, ACH Payments, and office software (i.e., Word, PowerPoint, and Excel). Expert knowledge of Microsoft Access or other Database Management system is highly desirable.

Opportunity Summary: Type of contract: Consultant Full Time Length of contract: Up to 36 months Location: Headquarters Washington DC Requirements: You must have no family members currently working at the IDB Group. Our culture: Working with us you will be surrounded by a diverse group of people who have years of experience in all types of private investment development fields, including infrastructure and energy, corporates, financial institutions, financial and non-financial products and services, gender and diversity, communications and much more. 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: IDB Invest, a member of the Inter-American Development Bank (IDB) Group, is a multilateral organization, committed to the development of the private sector of Latin America and the Caribbean by financing loans, equity investments, and guarantees. In addition, IDB Invest partners with clients to provide advisory and training services. Visa and Work Permit: The Bank, pursuant to applicable policies, may submit a visa request to the applicable immigration authorities; however, the granting of the visa is at the discretion of the immigration authorities. Notwithstanding, it is the responsibility of the candidate to obtain the necessary visa or work permits required by the authorities of the country(ies) in which the services will be rendered to the Bank. If a candidate cannot obtain a visa or work permit to render services to the Bank the Consultant offer will be rescindedDue 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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