Treasury and Risk Principal Specialist - Head of Enterprise Risk Management Group

Treasury and Risk Principal Specialist - Head of Enterprise Risk Management Group Job Description Treasury and Risk Principal Specialist - Head of Enterprise Risk Management Group City:
Washington DC Company: IDB Posting End Date: 2/6/2026 11:59 PM EST

Post of duty:
Washington, District of Columbia, USA.

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.

The Inter-American Development Bank (IDB) seeks an accomplished and visionary Treasury and Risk Principal Specialist leader to head its Enterprise Risk Management (ERM) Group, reporting directly to the Chief Risk Officer (CRO). This Group plays a critical second-line role in ensuring that the IDB has a robust, integrated, and forward-looking approach to managing enterprise-wide risks, including emerging risk, operational risk, technology-related risk, Internal Control over Financial Reporting (ICFR), and compliance coordination.

As the Bank undergoes digital transformation and process modernization, the Group Head will be expected to lead the design, implementation, and enhancement of the Bank’s ERM Framework, embedding risk management practices into decision-making and using technology, automation, and data analytics to deliver better insights and stronger organizational resilience. In addition, the Group Head will contribute to continuous process improvement, to leverage new technologies—particularly AI, process automation, and data analytics—to strengthen risk frameworks, and enhance operational efficiency.

• Act as a key advisor to the CRO and Senior Management, providing a holistic, forward-looking view of enterprise risk.

• Define and maintain the Bank-wide Risk Taxonomy, risk appetite statement, and key risk indicators.
• Design, implement, and continuously improve the Enterprise Risk Management (ERM) Framework, ensuring it aligns with best practices (e.g., COSO (Committee of Sponsoring Organizations of the Treadway Commission) ERM, ISO 31000) and the Bank’s strategic priorities.
• Lead the Operational Risk Management Framework (ORMF) process, drive the integration of operational risk management practices across business processes, promote a proactive risk culture, and ensure that incident management, root cause analysis, and lessons learned are systematically captured and used to enhance resilience.
• Coordinate the institution-wide evaluation of the Internal Control over Financial Reporting (ICFR) framework, in alignment with COSO principles, ensuring effective testing, documentation, and remediation of control deficiencies.
• Coordinate compliance-related risk assessments and issue management across the institution.
• Develop and lead the risk identification and assessment process, integrating financial, operational, compliance, and other risk perspectives into a single institutional risk profile.
• In coordination with all RMG’s Groups, lead the building, and continuous improvement of a centralized risk dashboard leveraging technology and automation to deliver timely, actionable insights to relevant stakeholders, particularly Senior Management and the Board.

• Champion the adoption of AI, machine learning, process automation, and advanced data analytics to improve risk monitoring, control testing, and reporting.
• Identify and recommend enterprise-wide process improvements, ensuring that risk management practices evolve with industry best practices and technological innovation. Drive continuous improvement of Bank-wide processes.
• Drive the digitalization of risk tools (e.g., risk and control self-assessments, key risk indicators, incident reporting, ICFR representation memoranda).
• Oversee and monitor RMG’s IT and capital projects, ensuring alignment with institutional priorities, risk management objectives, and digital transformation goals; serve as the primary liaison between RMG and the…