Compliance Consultant

City: Asuncion, Belize City, Bogotá, Buenos Aires, Caracas, Georgetown, Guatemala City, Kingston, La Paz, Lima, Managua, Mexico City, Montevideo, Nassau, Panamá, Paramaribo, Port of Spain, Port-au-Prince, Quito, San Jose, San Salvador, Santiago, Santo Domingo, Sao Paulo, Tegucigalpa
- Company: IDB Invest
- Posting End Date: 10-13-2025

**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**:
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.
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.
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.
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**:
- 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.

**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**:
The IDB group provides benefits that respond to the different needs and moment