High Grade Portfolio Manager -Treasury and Risk Lead or Senior Specialist - INV
Inter-American Development Bank
2021-12-03 07:43:45
Washington,
District of Columbia,
United States
Job type: fulltime
Job industry: Banking & Financial Services
Job description
The Team: Within FIN, the Investments Group manages the Bank's liquid assets portfolio and other funds entrusted to the IDB and provides related capacity building and advisory services to our clients, including innovative investment solutions, working closely in partnership with other areas of the IDB Group.
What you'll do: As part of a hard-working team in the Finance Department, you will work under the direct supervision of the Head of Investments. The functions of the position will span the following areas:
Developing and implementing portfolio strategies, and executing trades in the high-grade fixed income universe within established Bank policies and guidelines. Incumbent will be responsible for negotiating the investment of the Bank's liquid holdings of dollars and other currencies as assigned with commercial banks and securities dealers in global markets.
Conduct fundamental analysis and overall due diligence within assigned sectors for the evaluation of prospective investments leading to a final investment decision. Incumbent will also monitor, assess relative value, and manage existing positions.
Collaborate with other Investment Officers and analysts to develop investment strategies for all portfolios and portfolio construction within assigned sectors.
Working with Finance and Risk peers, conduct research and analysis of investment sectors and counterparties.
Generate, develop, and lead new investment initiatives within the Bank's risk appetite and objectives.
Work alongside multidisciplinary working groups (including other Finance areas, Risk, and IT) to continuously enhance the Bank's investment management activities.
Create and maintain strong relationships with external peers and counterparties.
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, IDB Invest, or IDB Lab.
Education: You hold a master's degree (or the equivalent) in Finance, or other quantitative field of study. CFA or similar financial certification is required. CFA may be considered in lieu of a master's degree, provided the candidate holds a bachelor's degree in the above-mentioned fields.
Experience: Minimum of eight (8) years of relevant experience with at least three (3) years multi-currency, Investment, Banking, Capital Markets, Fixed Income Securities and Derivatives treasury operations experience. Experience with international markets, foreign exchange market, and capital markets software preferred.
Languages: Fluency in English and in a second language of the Bank (Spanish, Portuguese, and/or French) is required.
Opportunity Summary:
Type of contract: Fixed term.
Length of contract: 3 years
Starting date: December 2021
Location: Headquarters, Washington DC
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 all diversity and encourage women, LGBTQ+, persons with disabilities, afro-descendants, and Indigenous people 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.