Financial Management Risk Operations Senior Specialist

Financial Management Risk Operations Senior Specialist Inter-American Development Bank City: Asuncion, Bogotá, Buenos Aires, Quito- Company: IDB- Posting End Date: 08/31/2025We improve lives :The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey 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. bAbout this position We are looking for an experienced, highly motivated, and detailed-oriented Financial Management Risk Senior Specialist. As Financial Management Risk Senior Specialist, you will conduct quality assurance and risk review of the IDB-financed projects and contribute to the strengthening of project portfolio financial management risk through advisory services, portfolio analyses, data management, and reporting. You will work in the Environmental and Social Risk Management Group part of the Office of Risk Management (RMG/ESR). RMG supports the IDB’s developmental mission by maintaining a robust and dynamic risk management and oversight framework. It facilitates the understanding, mitigation, and control of risks across the organization to optimize the use of the IDB’s capital and financial resources, to maintain its AAA-rating, and to ensure the IDB follows best in class operational risk and ESG standards. As of January 2025, the team in RMG/ESR is responsible for the oversight of three new risk areas: project and portfolio, procurement, and financial management, in addition to the social, environmental, governance, climate change, natural disasters and biodiversity risk area. For all risk areas, RMG/ESR: (i) provides quality assurance and risk review services throughout the project lifecycle; (ii) performs portfolio monitoring and reporting, including in-depth analyses and recommendations to improve risk management and ultimately the performance of projects; (iii) supports other departments through risk management advisory services; (iv) integrates sound risk management practices into country strategies, strategic documents, and existing operational processes; and (v) assesses various risk exposures of the portfolio, providing data-driven, expert advice to Senior Management. bWhat you’ll do Conduct financial management quality assurance and risk review of higher-risk projects in preparation and monitor risk management actions during project execution, in line with financial management policies and procedures and the project risk management framework. Develop and coordinate advisory services in portfolio financial management risk for regional, country, and sector teams, in coordination with other areas of the Bank. Conduct in-depth portfolio analyses and provide technical expertise to country, sector and project teams to strengthen financial risk management. Establish processes to monitor and report on project and portfolio financial management risks. Manage, define, and analyze key risk indicators, and dashboards as applicable, and report on portfolio exposure to higher fiduciary risks. Design, deliver, and disseminate knowledge products, training, technical policy interpretation, and guidance notes, in collaboration with areas of the Bank. Develop and maintain relationships with key stakeholders to ensure harmonization and strengthening of financial management risk management practices. bWhat you'll need Education: Master’s degree (or equivalent advanced degree) in Accounting and Auditing, Public Finance, Business Administration, or other fields relevant to the responsibilities of the role. Experience: At least 7 years of progressive experience in development finance, project financial management, financial analysis of public and private institutions, budget, accounting, and internal and external auditing, working with multilateral financial institutions, international non-government organizations, government agencies, or the private sector, preferably in Latin America and the Caribbean. Languages: Proficiency in English and one of the other Bank official languages (Spanish, French or Portuguese) is required. bRequirements Citizenship : You are either a citizen of XXX or a citizen of one of our 48-member countries with residency or legal permit to work in XXX. 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. bType of contract and duration National staff contract, 36 months initially, renewable upon mutual agreement. bWhat we offer 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 We look forward to your application. #J-18808-Ljbffr