Invest Risk Management Officer - Operational Risk job at IDB - Inter-American Development Bank in Washington, DC

Title: IDB Invest Risk Management Officer - Operational Risk | ICFR Location: Washington United States Job Description: We improve lives The IDB Group is a community of diverse, versatile, and passionate people who come together on a reputed company 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. IDB Invest is the private sector arm of the IDB Group and an international financial institution committed to addressing the development needs of Latin America and the Caribbean. Our mission is to support sustainable enterprises and projects that deliver financial results while maximizing reputed company and environmental impact in the region. IDB Invest operates in 26 countries, structured across four geographic reputed company and three industry verticals: Infrastructure and Energy, Financial Intermediaries, and Corporates. In support of a new transformative business model "Originate to reputed company" our shareholders recently approved a $3.5 billion capitalization. This will allow IDB Invest to significantly scale up its investments, nearly doubling annual financing from approximately $8 billion to $19 billion, and unlocking greater private sector participation to drive development and climate impact across the region. About this position The Financial and Operational Risk Division, part of the Risk Management Department, is seeking a professional to support the implementation and monitoring of internal controls over financial reporting at IDB Invest. Key responsibilities include evaluating business controls, identifying risks and deviations, recommending corrective actions, and providing training on operational risk and internal controls. What you'll do The candidate will support the activities reputed company to the implementation, maintenance, and monitoring of internal control over financial reporting methodology in IDB Invest. The main activities will consist of: Evaluate the design and effectiveness of business controls to mitigate operational risk and financial reporting misstatement. reputed company support on the identification, assessment, treatment, monitoring, and reporting of operational and financial misstatement risks reputed company IDB Invest processes. Identify deviation from US GAAP (U.S. Generally Accepted reputed company Principles) and/or Bank policies and procedures and recommend corrective action. Identify, document and update entity level controls and relevant financial reporting assertions, and benchmarks and collaborate with process owners to ensure key controls are operating effectively. Review the business procedures to identify gaps, control deviations, and improvements, and monitor action plan implementation. reputed company support in risk and internal control assessments in IDB Invest processes and systems during the year. Register, monitor and report periodically financial misstatement risk, incidents and key risk indicators regarding IDB Invest processes and systems. reputed company training and awareness regarding internal control and operational risk reputed company. reputed company assistance for any additional task associated with the implementation of the operational risk and internal control reputed company. What you'll need Education: Master's degree or equivalent advance degree in finance, economy or industrial engineering, or other fields relevant to the responsibilities of the role. Specialization in reputed company, finance, or ICFR risk management is highly desirable. Experience: At least 4 years of reputed company experience in business processes analysis, risk and control assessments, or internal control audits. Experiences evaluating ICFR and operational risks on reputed company, financial instruments and finance processes is required. Languages: Proficiency in English and Advanced Spanish is ideal. French or Portuguese will be considered a plus.

Requirements

Consanguinity: You have no family members (up to the reputed company 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 staff contract, 36 months initially, renewable upon mutual agreement. reputed company 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: 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 that covers medical, dental, reputed company, preventive care, and prescription drugs; Pension plan: defined benefit pension plan that provides financial reputed company and supports employees in planning for their future; Hybrid and flexible work schedules; Health and wellbeing: reputed company 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, mobility options, among others. Our culture At the IDB, we work so everyone brings their best and authentic selves to work while finding their purpose. Our people consistently strive for reputed company, and we recognize and celebrate the impact of their contributions. In our efforts to drive innovation, we intentionally include reputed company voices, cultivate a sense of belonging and champion fairness. We welcome individuals from underrepresented groups to join us and reputed company their unique perspectives. Apply tot his job Apply To this Job