IDB. Intern to Support Staff Retirement Plans Investments Operations

The Inter-American Development Bank is an international development institution focused on improving lives in Latin America and the Caribbean. The intern will support retirement plan investment operations through portfolio reporting, reconciliations, compliance monitoring, data initiatives, dashboard development, automation, and process documentation.

What you'll do:

• Support investment operations and portfolio reporting, including, but not limited to, transaction settlement, fee invoice review and payment, ad hoc wire transfers, account reconciliations, performance reporting, and maintaining investment databases by keeping investment records accurate, complete, and up to date
• Develop and enhance dashboards and analytical tools to support portfolio monitoring, performance reporting, rebalancing, liquidity management, and investment analysis
• Support compliance, operational risk, and due diligence activities, including investment guideline monitoring and maintenance, the review of internal controls and fund documentation
• Support investment data and technology initiatives, including migration of investment data to Azure/SQL, Power BI enhancements, data validation, and improvements to data quality and reporting infrastructure
• Develop automation and process improvements using Power Automate and other technologies to streamline reconciliations, invoice processing, reporting, and other Investment Operations activities
• Support process documentation by maintaining organized records and updating documentation as directed

What they're looking for:

• An active graduate student in finance, business, accounting, risk management or data analytics from an accredited University. The graduation date should be after the Internship period
• Learn continuously, intellectual curiosity, collaborate and share knowledge, focus on clients, communicate and influence, innovate and try new things
• Result-driven, collaborative, innovative, client-oriented, strong communicator, self-motivated, eager to learn, detailed-oriented, and excellent time management skills
• Proficiency in Microsoft Office, particularly Excel
• Knowledge of Microsoft Power Platform, Python, R, SQL, or other data analytics and automation tools is highly desirable
• Familiarity with applying AI and machine learning tools to investment operations workflow automation, data validation, and performance analysis is strongly preferred
• Be a national of an IDB member country
• Enrolled in a graduate (master's or Ph.D.) program as of the starting date of the internship program. The graduation date should be after the Internship period
• Not have family members (up to the fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB or IDB Invest
• 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 other contractual modality
• You must be available to work full-time (40 hours per week) from January 16th to March 15th, 2027. These dates are fixed and cannot be modified
• If you are an international student in the U.S.A., your work authorization is through CPT or OPT. Consult your school advisor before applying. You must be able to work 40 hours per week, many international students are limited to working part-time, depending on their academic standing