ABOUT THIS POSITION

We are looking for a for a dedicated, energetic, and team-oriented treasury professional to fill a position in the Institutional Banking Team within the Treasury Middle Office and Banking Group. This position provides support on recommendations to the Group Head and Team Leader for the establishment/implementation, negotiation, maintenance, and oversight of a network of financial relations necessary for the efficient management of IADB financial transactions in a multi-currency environment.
You will work in Banking Team, within Treasury part of the Finance department. This team is responsible for
(i) Establishing, managing and controlling a network of public and private financial institutions for the delivery of financial services for the swift execution of IDB financial transaction while minimizing risk; (ii) Ensuring that the IDB country Offices receive high quality banking services from the partner financial institutions, (iii) Oversee and execute counterparty Standard Settlement Instructions for Treasury transactions; (iv) Provide support and coordinate with legal counsel and relevant areas regarding regulatory requirements requested by Treasury counterparties; (v) Monitor and flag AML/CTF lists in relation to selected vendor databases; (vi) Manage for the FIN department the authorized signatories document and (vii) Support the Department’s change-the-business initiatives. Within this context the Group provides tailored solutions to internal clients while bringing innovation to enhance operational efficiency.

REQUIREMENTS

• Citizenship: You are a citizen of one of our 48-member countries with residency or legal permit to work in yourplace of residence.
• 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.
• Remote Modality: The selected candidate will not provide services from the Bank’s office and will not be provided a physical space on the premises of the Bank’s Country Office. The candidate selected will be responsible for setting up the space, and for having the equipment, internet, and phone accesses to accomplish these TORs, outside the Bank’s office. Access to the Bank’s systems will be arranged in coordination with the Bank.

• Support on the technical aspects: (opening and closing banking accounts across the systems inventory including the monitoring of bank account operations and services ensuring the accuracy of data and compliance of security controls in accordance with Bank’s Policies and Procedures), (Standard Settlement Instructions, inventory on the Systems following the in accordance with Bank’s Policies and Procedures).
• Support the maintenance of the exchange of Swift authenticator keys with the Bank correspondents worldwide for sending/receiving financial messages such as money transfers; analysis of requests for authenticator keys to determine acceptance and terms for exchange of keys.
• Support on the maintenance for the veracity, authenticity and integrity of finance and accounting systems keeping abreast of technological developments and the best practices in the banking industry.
• Support and analyze survey results from internal clients for annually bank service evaluation and quality review exercise.
• Support on the testing and/or parallel phases of implementation projects for new enhanced financial systems and sub-systems.
• Provide support and expertise in digital transformation, data management, and automated process flow. The individual will play a key role in driving successful digital transformations within treasury by implementing and optimizing digital solutions. They will be responsible for ensuring the data maintenance and structure is well-designed and aligned with organizational objectives.
• Support the development of new reports on Power BI Desktop for data visualization and analytics. Utilize Power BI to create insightful and interactive reports that enhance data analysis and decision-making processes.