Private Sector Integrity Consultant

About the position

The IDB's Office of Institutional Integrity (OII) is searching for an Integrity and Compliance Consultant to play a key role in carrying out the integrity oversight function for the IDB Group's private sector operations. The selected candidate will participate in advising staff and management regarding the identification, assessment and mitigation of integrity and reputational risks in specific private sector transactions. The selected candidate will also support the development and implementation of mechanisms for managing integrity risks in private sector operations.

Responsibilities

• Overseeing a know-your-customer review of IDB Lab / IDB Invest clients and relevant entities.
• Carrying out assessments of the AML/CFT systems of financial institution clients.
• Assessing tax-related risks presented by cross-border corporate structures used by proposed IDB Lab / IDB Invest clients.
• Assist OII's prevention team by providing advice and responding to consultations from the IDB Invest and IDB Lab investment officers and other staff regarding the management of integrity risks in specific operations with private sector entities.
• Monitoring compliance with IDB Invest procedures regarding Integrity Due Diligence (IDD) and related matters.
• Advising teams regarding the identification and assessment of specific integrity risks identified through IDD.
• Collaborating in the development of mitigation approaches to identified integrity risks.
• Advise IDB Lab and IDB Invest regarding integrity and reputational risks in their operations.
• Draft disclosure language to be included in project documents submitted to senior management, the IDB Invest Board, or IDB Lab Donors Committee.
• Manage a database of consultations received and advice provided and ensure that OII's information systems are kept up to date.
• Conduct research and analysis regarding issues relevant to OII's prevention function.

Requirements

• Master's Degree (or equivalent post-graduate education level) in Law, Compliance, Business Administration, Finance, Forensic Auditing or related areas.
• 5 years of relevant professional experience with a preference for experience in anti-corruption compliance/oversight.
• Experience in assessing and/or implementing anticorruption compliance programs.
• Experience in assessing and/or designing AML/CFT compliance programs.
• Experience in creating or assessing cross-border tax optimization structures.
• Experience in compliance/oversight function in an international institution context.
• Proficiency in English and one of the other Bank official languages (Spanish, French or Portuguese).

Benefits

• 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.
• Assistance with relocation and visa applications for you and your family when it applies.
• Hybrid and flexible work schedules.
• Development support: learning opportunities to boost your professional profile such as seminars, 1:1 professional counseling, and much more.
• Access to our Health Services Center which provides preventive care and health education for all employees.
• Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, and others.