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Inter-American Development Bank · 21 hours ago

Systemic Risk Research Consultant

Washington, DC

Part-time

Hybrid

Senior Level

5+ years exp

The Inter-American Development Bank (IDB) is a community of diverse individuals dedicated to improving lives in Latin America and the Caribbean. They are seeking a senior research consultant to develop a Systemic Risk Framework for Multilateral Development Banks, applying mathematical rigor and innovative quantitative methods for systemic risk measurement and management.

BankingFinanceFinancial ServicesNon Profit

Responsibilities

Advises on the Systemic Risk Model, a major project within the Systemic Risk Management Group, by conducting joint research with IDB staff to advance the model and applying mathematical rigor to strengthen its quantitative foundations

Work from the design to the implementation of the Systemic Risk Management Model

Work independently on complex problems in Systemic Risk by doing independent research on this topic consistently applying creativity and independent judgment

Conduct reviews on the quality and mathematical soundness of the Systemic Risk Management Model including developing and documenting the formal mathematical foundations of the model, working on the assumptions and mathematical proofs

Co-author a research paper with IDB staff that outlines the Systemic Risk Model for MDBs and provides strategic recommendations

Present findings and intermediate results to IDB colleagues and senior stakeholders, engaging in feedback and refinement of the model with internal and external stakeholders

Develop recommendations for enhanced systemic risk processes applicable to the IDB and other MDBs

Apply advanced data analysis and visualization techniques, including sensitivity analysis and robustness checks; support the integration of qualitative methods (interviews, surveys, expert elicitation) as needed

Qualification

MathematicsStatisticsRisk AnalyticsData ScienceProgramming PythonProgramming RProgramming C++Programming SQLQuantitative Financial ModelingData VisualizationMachine LearningPredictive ModelingIndependent ResearchEnglishCommunication SkillsCollaboration SkillsTime Management

Required

Master's degree in Mathematics, Statistics, Systems Engineering, Computer Science, Risk Analytics, or related quantitative field from an accredited university

Minimum of 5 years of relevant professional experience or a combination of education and experience in applied mathematics, statistics, risk analytics, or quantitative financial risk modeling

Extensive and current knowledge of relevant analytical tools and technical functions

Demonstrated ability to produce rigorous academic or applied research

Data science and analytics skills, including data visualization, machine learning, and predictive modeling

Strong programming skills (Python, R, C++, SQL, or similar)

Ability to work independently, manage deadlines, and coordinate across multiple time zones (US, Europe and Latin America); there may be possible opportunities for travel to HQ in Washington, DC

Proficiency in English required

You are a citizen of one of our 48-member countries

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

Preferred

PhD is preferred

Research experience in quantitative financial models, development finance and/or systemic risk preferred

Benefits

A competitive compensation package

A flexible way of working. You will be evaluated by deliverable.

Company

Inter-American Development Bank

Glassdoor4.0

Our people are committed and passionate about improving lives in Latin America and the Caribbean, and they get to do what they love in a diverse, collaborative and stimulating work environment.

Founded in 1959

Washington, District of Columbia, USA

1001-5000 employees