Capital Adequacy & Credit Risk Management Senior Associate

About the Role The Capital Adequacy & Credit Risk Management Senior Associate will support credit risk analysis (including sovereign risk indicators) and their implications for the Bank’s loan portfolio and capital adequacy metrics. You will help implement financial models to assess capital requirements and work within the Credit Risk Management Group (RMC) in the Office of Risk Management (RMG). The ideal candidate will quickly understand the institution’s credit book and how capital adequacy assessment and lending forecasts respond to macro dynamics and regulatory changes. What You'll Do

• Support the analysis of economic capital and regulatory capital metrics, including assessing the impact of new products, transactions, and policies on the Bank’s capital.
• Contribute to risk policies, capital adequacy regulations, and risk appetite frameworks
• Manage databases and perform data analytics, creating and/or enhancing credit risk models and analytical tools to improve the assessment of portfolio sovereign risk and its implications on the Banks’ operations
• Support the development of potential future scenarios based on current macroeconomic data and trends
• Monitor and report on portfolio trends, including approvals, disbursements and prepayments, to help optimize the Bank’s capital consumption
• Support senior analysts in managing analytics for economic capital
• Support the assessment of proposals for the economic capital treatment of new credit instruments and risk transfer initiatives
• Participate in the drafting of presentations and reports to senior management What We're Looking For
• Education: Master’s degree (or equivalent advanced degree) in Finance, Economics or related quantitative discipline; CFA Charter or Financial Risk Manager (FRM) certification is desirable
• Experience: At least 3 years of professional experience in jobs related to credit risk and/or financial modeling for Banks, capital adequacy, or a relevant field
• Languages: Proficiency in English and one of the Bank’s official languages (Spanish, French, or Portuguese) is required
• Citizenship and Consanguinity: You are either a citizen of Colombia or Panama or a citizen of one of IDB's 48-member countries with residency or legal permit to work in Colombia or Panama
• 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
• Key Skills: Proven analytical skills with a strong orientation towards detail, and an emphasis on data and modeling are required. Understanding of Basel regulations, and economic capital frameworks is expected. Proficiency in basic credit risk modelling is expected. Ability to understand financial planning models for banking institutions is highly desirable. Full proficiency in Microsoft Excel and Access, including macros and VBA. Knowledge of other software tools such as Python, SQL, and PowerBI is highly desirable. Excellent writing and communication skills. Compensation & Benefits The IDB group provides a competitive compensation package and a comprehensive benefits package, including leaves and vacations (24 days of paid time off + 8 personal days + sick leave + gender-neutral parental leave), robust health insurance for employees and eligible dependents, a pre-defined pension plan, relocation and visa assistance when applicable, hybrid and flexible work schedules, health and wellbeing services, and development opportunities (mentoring, training, language classes, mobility options, and more).