Treasury & Risk Senior Associate

Inter-American Development Bank; Bogotá ciudad; Presencial; COP 279.677.000 - 403.978.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Competitive compensation package

Healthcare coverage and pension plan

On-site position with occasional tele/

Descripción de la vacante

The Inter-American Development Bank is seeking a Debt Service & Treasury Operations Senior Associate to manage debt service obligations, settlements, and cash flow for bonds, swaps, and derivative transactions. You will ensure accurate processing, validate forecasts, and support Straight Through Processing across global markets.

You will work within the Cash Management and Settlements team, collaborating with counterparties and internal controls to maintain operational integrity and risk

Formación

• Master's degree in Finance, Economics, or related field.
• At least 3 years of progressive experience in treasury operations or related financial functions.
• Fluency in Spanish and English; French or Portuguese knowledge preferred.

Responsabilidades

• Monitor and manage debt service obligations for bonds, notes, swaps, and derivatives.
• Review and validate debt service forecasts, payment schedules, and settlement requirements.
• Execute and monitor STP transactions through treasury management systems.
• Prepare and release payment instructions via SWIFT and other settlement networks.
• Coordinate with counterparties, paying agents, custodians, and banks to confirm settlement instructions.
• Perform cash flow reconciliations and investigate settlement breaks or discrepancies.
• Manage confirmations and settlements for SOFR-linked and other floating-rate transactions.
• Maintain controls, documentation, and audit trails for compliance and risk management.
• Support funding and liquidity management activities related to capital markets operations.
• Identify opportunities to improve operational efficiency and increase automation.

Conocimientos

Analytical thinking

Attention to detail

Proactive

Communication skills

Educación

Master's degree in Finance, Economics, Accounting, Business Administration, Mathematics, Engineering, or related treasury/capital markets field

Herramientas

SWIFT

Treasury management software

Descripción del empleo

Posting End Date: 9/21/2026 11:59 PM EST

We 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.

About this position

We are looking for a detail-oriented, analytical, and proactive Debt Service & Treasury Operations Senior Associate. As a Debt Service & Treasury Operations Senior Associate, you will manage and oversee debt service activities related to bonds, swaps, and other capital market transactions, ensuring the accurate and timely processing of coupon, principal, and derivative payments. You will monitor payment forecasts, validate settlement instructions, coordinate payment confirmations with counterparties, paying agents, and custodians, investigate discrepancies, and support the execution of Straight Through Processing (STP) transactions through treasury management systems and SWIFT infrastructure.

You will work in the Cash Management and Settlements (CMS) team of the Finance Department, under the Vice Presidency for Finance and Administration. The CMS team is responsible for managing the settlement and cash management activities associated with the Bank's funding, investment, and derivative operations, ensuring the accurate processing of debt service obligations, maintaining effective controls over payment execution, and supporting the operational integrity of treasury transactions across global financial markets.

What you'll do

• Monitor and manage debt service obligations, including bond coupons, principal repayments, discount notes, swaps, and swaptions.
• Review and validate debt service forecasts, payment schedules, and settlement requirements.
• Execute and monitor Straight Through Processing (STP) transactions through treasury management systems.
• Prepare, verify, and release payment instructions through SWIFT and other settlement networks.
• Coordinate with counterparties, paying agents, custodians, and correspondent banks to confirm payment amounts and settlement instructions.
• Perform cash flow reconciliations and investigate settlement breaks, payment discrepancies, and operational issues.
• Manage confirmations and settlements for SOFR-linked and other floating-rate debt and derivative transactions.
• Maintain operational controls, supporting documentation, and audit trails to ensure compliance with internal procedures and risk management standards.
• Monitor and manage debt service obligations, including bond coupons, principal repayments, discount notes, swaps, and swaptions.
• Review and validate debt service forecasts, payment schedules, and settlement requirements.
• Execute and monitor Straight Through Processing (STP) transactions through treasury management systems.
• Prepare, verify, and release payment instructions through SWIFT and other settlement networks.
• Coordinate with counterparties, paying agents, custodians, and correspondent banks to confirm payment amounts and settlement instructions.
• Perform cash flow reconciliations and investigate settlement breaks, payment discrepancies, and operational issues.
• Manage confirmations and settlements for SOFR-linked and other floating-rate debt and derivative transactions.
• Maintain operational controls, supporting documentation, and audit trails to ensure compliance with internal procedures and risk management standards.
• Support funding and liquidity management activities related to the Bank’s capital markets and treasury operations.
• Identify opportunities to enhance operational efficiency, strengthen controls, and increase automation across debt service and settlement processes.

What you'll need

• Education: Master's degree in Finance, Economics, Accounting, Business Administration, Mathematics, Engineering, or other fields relevant to treasury operations and capital markets.
• Experience: At least 3 years of progressive experience in treasury operations, debt service, capital markets, financial settlements, cash management, banking operations, or related financial functions.
• Languages: Proficiency in Spanish and English, spoken and written, is required. Additional knowledge of French and Portuguese is preferable

Requirements

• Citizenship: You are either a citizen of Colombia or a citizen of one of our 48-member countries with residency or a legal permit to work in Colombia.
• 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.

Type of contract and duration

• Staff: National staff contract, 36 months initially, renewable upon mutual agreement.

What we offer

The IDB group provides benefits that respond to the different needs and moments of an employee's life. These benefits include:

• A 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 that covers medical, dental, vision, preventive care, and prescription drugs.
• Pension plan: defined benefit pension plan that provides financial security and support employees in planning for their future.
• On-site position with the occasional flexibility of teleworking.
• Health and well-being: Access to our Health Services Center that provides preventive care and health education for employees.
• Development support: We offer tools to boost your professional profile, such as mentoring, 1:1 professional counseling, training and learning opportunities, language classes, mobility options, among others.

Our culture

At the IDB, we work so everyone brings their best and authentic selves to work while finding their purpose. Our people consistently strive for excellence, and we recognize and celebrate the impact of their contributions.

In our efforts to drive innovation, we intentionally include all voices, cultivate a sense of belonging and champion fairness. We welcome individuals from underrepresented groups to join us and share their unique perspectives.

We ensure that individuals with disabilities are provided reasonable accommodations to participate in the job interview process. If you require an accommodation to complete this application, please email us at [e-mail] .