Compliance Consultant

BID Invest; Caracas; Presencial; VES 5.438.000 - 9.065.000; Jornada completa

Descripción de la vacante

A regional development institution in Caracas is seeking a Compliance Consultant. The role involves managing non-financial risks, advising on integrity issues, and implementing compliance processes. Candidates should have 5+ years in finance, a graduate degree, and strong experience in compliance. The position offers a competitive compensation package and a supportive work environment.

Servicios

Competitive compensation packages

Health insurance

Hybrid and flexible work schedules

Formación

• 5 years of relevant experience in international business and finance.
• Strong familiarity with AML/CFT compliance and integrity-related matters.
• Experience delivering workshops and training on compliance.

Responsabilidades

• Advise on operational conflicts of interest and develop solutions.
• Assist in KYC requests and AML/CFT program controls.
• Implement compliance processes and oversee training initiatives.

Conocimientos

Integrity

Sound judgement

Excellent writing skills

Educación

Graduate degree (Juris Doctor, LL.M.)

Herramientas

Microsoft Office Apps

Descripción del empleo

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 seek a Compliance Consultant to support the management of non-financial risks such as integrity, money laundering, and financing of terrorism (AML/CFT), operational conflicts of interest, and other substantive areas as further described below. You will be expected to serve as a strategic partner to business teams, acting with an independent voice, and a champion for the proper management of the non-financial risks described herein. This role supports IDB Invest’s strategic objective to strengthen its presence in field offices, enabling closer engagement with clients and deeper regional insight. This position is based in one of our local offices and reports to the head of the Compliance unit, with a secondary reporting line to subject-matter coordinators based at IDB Invest Headquarters in Washington, D.C.

The Legal Department (GCL) advises IDB Invest’s Management, the Board of Executive Directors, the Board of Governors, and business teams on legal and compliance matters relating to IDB Invest, including operations, resource mobilization activities, administrative, institutional, and financial matters. As part of the Legal Department, the Compliance function (GCL/ICL Compliance) is responsible for providing advice and compliance oversight in relation to non-financial risks related to our investments, advisory work, and corporate functions in the following areas: (i) integrity, ethics, and reputational risks; (ii) operational conflicts of interest; (iii) AML/CFT and economic sanctions; (iv) nominee directorships; and (v) material non-public information (“MNPI”).

What you’ll do

You will be part of our highly specialized team under the direction of the Head of the Compliance Unit. Your functions include supporting business teams and management in the following areas:

Operational Conflicts of Interest: Advice on the identification and management of, and development of solutions to mitigate, operational conflicts of interest in operations in which we invest or provide advisory services, whether with our own resources or with third-party funds we administer.

AML/CFT and economic sanctions: support KYC requests from IDB Invest counterparties, assist in the design and execution of AML/CFT program controls, and support reviews of AML or economic sanctions matters (such as the UN, EU, UK, and US regimes) affecting projects or counterparties.

Integrity: integrity due diligence, international and national anti-corruption laws, regulations, and related compliance programs;

Nominee Directorships: advice on nominee directorships of IDB Invest in collaboration with the business teams and the Corporate Governance Officer in the Risk Management Department.

Apply expertise, sound judgement, and a practical approach to address IDB Invest’s non-financial risks profile.

Assist in the development and implementation of policies, procedures, and guidelines to prevent, detect, assess, and mitigate the above risks associated with our activities.

Support the implementation of compliance processes and controls in IDB Invest systems, including the definition of business requirements, testing, and coordination with internal business and technology teams.

Develop and execute training programs and outreach initiatives for IDB Invest’s personnel and Management on the subject matters above. Assist in the development and maintenance of internal knowledge-sharing platforms.

Liaison with other IDB Group entities or units, other multilateral banks, or other external stakeholders related to the substantive areas mentioned above.

Monitor global initiatives and private sector developments to benchmark our approach to mitigating compliance risks per international best practices, including collaborating with other multilateral development banks and other external partners, while recognizing the legal and regulatory position of the IDB Group.

As part of a dynamic and collaborative team, the candidate will work with limited day-to-day supervision and coordinate closely with other Compliance and Legal Department attorneys across the region.

This is a new position, and responsibilities may evolve over time to include advising on management and mitigation of risks related to MNPI, confidentiality, privacy, and data governance.

What you’ll need

Education

Graduate degree (Juris Doctor, LL.M., or equivalent degree) from an accredited university. Candidates with other advanced degrees at the master's level, such as an MBA, may also be considered, provided they demonstrate relevant compliance experience in financial services.

Experience

At least 5 years of relevant experience, with a strong background in international business and finance transactions, gained at a well-recognized law firm, regulated financial institution, or international financial institution (IFI). The ideal candidate will have advised on one or more of the following matters: business integrity-related matters (such as anti-corruption laws, economic sanctions, AML/CFT, etc.), regulatory compliance, international business transactions, or litigation.

• Strong personal integrity and commitment to ethical conduct and professional values.
• Ability to work independently with sound judgement, including knowing when to escalate, and maintaining strong working relationships.
• Excellent writing skills with the ability to communicate clearly and effectively on complex matters.
• Experience delivering engaging workshops and training to staff and leadership across all levels.
• Working familiarity with laws and regulations, industry, and international standards at the intersection of integrity and AML/CFT is a plus.
• Familiarity with data analytics and reporting.

Languages: Proficiency in English and the official language of the Post of Duty is required. Knowledge of additional official languages of IDB Invest (Spanish, Portuguese, and French) is an asset, with knowledge of Spanish being preferred.

Technical skills: Advanced proficiency level in Microsoft Office Apps.

The ideal candidate will demonstrate adaptability, initiative, and a strong commitment to supporting IDB Invest’s mission in the region.

Requirements

• Citizenship: You are a citizen of one of our 48-member countries.
• 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

National consultant Full-Time, 19 months (up to 36 months).

What we offer

Benefits

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

• A competitive compensation packages.
• Leaves and vacations: 2 days per month of contract + gender- neutral parental leave.
• Health Insurance: the IDB Group provides a monthly allowance for the purchase of health insurance.
• Savings plan: The IDB Group cares about your future, depending on the length of the contract, you will receive a monthly savings plan allowance.
• We offer assistance with relocation and visa applications for you and your family when it applies.
• Hybrid and flexible work schedules.
• Development support: We offer learning opportunities to boost your professional profile such as seminars, 1:1 professional counseling, and much more.
• Health and well-being: Access to our Health Services Center, which provides preventive care and health education for all employees.
• Other perks (country-specific): Lactation Room, Daycare Center, Gym, Bike Racks, Parking, and others.

Our culture

At the IDB Group we work so everyone brings their best and authentic selves to work, willing to try new approaches without fear, and where they are accountable and rewarded for their actions.

Diversity, Equity, Inclusion and Belonging (DEIB) are at the center of our organization. We celebrate all dimensions of diversity and encourage women, LGBTQ+ people, persons with disabilities, Afro-descendants, and Indigenous people to apply.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job interview process. If you are a qualified candidate with a disability, please e-mail us at [e-mail] to request reasonable accommodation to complete this application.

Our Human Resources Team reviews carefully every application.

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