About this role
Job title: Market Risk Consultant
About the Role We are seeking a detail-oriented Market Risk Consultant to enhance workflows, develop new models, and automate risk reporting to support the team’s efforts in managing and mitigating market risks at IDB Invest. You will work in the Financial & Operational Risk Division (FOR) within the Risk Management Department (RSM), coordinating the design and implementation of market risk frameworks and monitoring interest rate, FX, and price risk across the investment portfolio.
What You'll Do
- Calculate and explain key market risk metrics (e.g., VaR, DV01, stress testing) and drivers of position and P&L changes, supporting Treasury’s investment strategy and methodology validation.
- Develop and maintain market risk policies, guidelines, and limits, partnering with Treasury, IT, Audit, and Operations to strengthen governance and controls.
- Design and enhance reporting workflows, analytics, and executive dashboards for risk and front-office stakeholders.
- Coordinate the collection, integration, and quality control of data from multiple sources to support reliable, compliant risk reporting and decision-making.
- Build and optimize queries, reports, and interactive visualizations using Databricks, Power BI, and Excel in coordination with Technology and Risk teams.
- Design and support the automation of data sourcing and reporting processes within financial risk systems to enhance scalability, efficiency, and alignment with strategic objectives.
What We're Looking For
- Education: Master’s degree in Economics, Mathematics, Engineering, or other fields relevant to the responsibilities of the role.
- Experience: At least 5 years of progressive experience in finance, capital markets, risk management and/or portfolio management with exposure to stress testing and fixed income analytics.
- Languages: Proficiency in English.
- Requirements: Citizenship: No requirements; Consanguinity: No family members at IDB, IDB Invest, or IDB Lab (up to the fourth degree of consanguinity and second degree of affinity, including spouse).
Compensation & Benefits
- A competitive compensation package.
- Leaves and vacations: 2 days per month of contract + gender-neutral parental leave.
- Health Insurance: monthly allowance for purchase of health insurance.
- Savings plan: monthly savings plan allowance.
- Relocation and visa applications assistance for you and your family when applicable.
- On-site position with occasional flexibility of teleworking.
- Development support: seminars, 1:1 professional counseling, and more.
- Health and well-being: Access to Health Services Center for preventive care and health education.
- Other office amenities (as available): Lactation Room, Daycare Center, Gym, Bike Racks, Parking, spouse career support, and others.