IDB Invest. Legal Department's Compliance Unit Intern

* This is a 2 months paid internship with location in our Headquarters in Washington DC. We offer visa sponsorship.

IDB Invest - 2026 Summer Internship Program

Undergraduate Intern

Location:

Washington, D.C. United States

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 IDB Group is looking for an active undergraduate student to be hired as an intern under the Consultant modality.

The 2026 Summer Internship Program is a competitive paid opportunity, based in Headquarters, for university students to learn about development work and corporate management of the Bank, and to acquire work experience at the professional level through on-the-job learning.

The IDB Invest Legal Department advises Management, the Board of Executive Directors, and the Board of Governors on legal and compliance matters, including operations, resource mobilization activities, and administrative, institutional, and financial matters.

The Compliance function (GCL/ICL Compliance), within the General Counsel’s Office, is responsible for providing advice and compliance oversight related to certain non-financial risks associated with investments, advisory work, and corporate functions. These areas include integrity, ethics, and reputational risks; management of operational conflicts of interest (COI); nominee directorships; data access management and privacy; oversight of anti-money laundering and combating the financing of terrorism (AML/CFT) and sanctions;

and material non-public information (MNPI). As an intern, you will:

• Assist the Compliance unit of IDB Invest’s Legal Department in advising management and business teams on a variety of legal and compliance matters.
• You will support the Compliance unit’s legal officers in identifying, managing, and developing solutions to mitigate non-financial risks in IDB Invest’s operations, including risks related to integrity, ethics, operational conflicts of interest, MNPI, AML/CFT, and other areas.
• You will assist in the development and implementation of policies, guidelines, and procedures to prevent, assess, and mitigate compliance risks.
• You will conduct research on a range of legal and compliance-related topics and draft reports and other work products to advise management on matters relevant to the compliance program of an international organization or multilateral development bank.
• You will develop training and capacity-building materials.
• You will coordinate with other units and departments within the IDB Group, including investment teams, the Office of Ethics, and the Office of Institutional Integrity.

• Education:
  
  An active undergraduate in Law from an accredited University. The graduation date should be after the Internship period.
• Languages:
  
  Fluency in English. A working knowledge of one other Bank language (Spanish, French, or Portuguese) is a plus.
• Soft Skills:
  
  Result-driven, collaborative, innovative, client-oriented, strong communicator, self-motivated, eager to learn, and excellent time management skills.
• Technical skills:
  Proficiency with MS Office applications (including Excel) is required.

• Citizenship: IDB Invest has no nationality restrictions.
• Active student: enrolled in an undergraduate (bachelor’s) program as of the starting date of the internship program. The graduation date should be after the Internship period.
• Consanguinity:
  Not having family members (up to the fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB or IDB Invest.
• First job at the IDB Group:
  Be a first-time participant in an Internship Program held by the Bank or Inter-American Investment Corporation (“Corporation” also known as “IDB Invest”). In addition, you have not been a former staff member, Complementary Workforce (“CW”), contractor for the Bank or the Corporation, or have previously provided services to the Bank or the Corporation through a contractor or under any…