Anti-Money Laundering and Terrorism Financing/ Public - Private Integrity Specialist

IDB Invest
Washington, DC
May 23, 2022
Jun 01, 2022
Accountant, IT
Full Time
Anti-Money Laundering and Terrorism Financing/ Public - Private Integrity Specialist Anti-Money Laundering and Terrorism Financing/ Public - Private Integrity Specialist Background: The Innovation in Citizen Services Division (ICS) is looking for a Specialist with proven track record and strong academic skills on transparency and integrity, with a particular focus on Anti-Money Laundering and Terrorism Financing (AML/CFT) reforms based on the Financial Action Task Force Standards, as well as public sector and private sector reforms aimed at preventing corruption and increasing transparency and integrity. The mission of ICS is to strengthen institutional capacity to improve public sector management, increase transparency and integrity, citizen security, applying innovative digital solutions. The mission includes supporting countries and the private sector in implementing reforms that are aligned with these international standards of transparency and integrity. The team: The ICS scope of work is defined - among other documents - by the Sector Framework Document on Transparency and Integrity [LINK HERE], and Vision 2025 [LINK HERE] recently adopted by the Inter-American Development Bank. These documents define that quality of government and respect for the rule of law, including transparency and accountability, are instrumental in improving effective delivery of public services, as well as creating a business climate that incentivizes investment and supports private sector development. They also identify a wide range of activities within the transparency and integrity agenda. These include supporting policy reforms ranging from access to information, public sector ethics, financial disclosure, transparency and governance of the extractive sector, and anti-money laundering, among others. They also include a cross-sector approach, working collaboratively with other units of the Bank, as well as IDB Invest, among others. Our counterparts in the public sector include ministries of finance, supreme audit institutions, anti-corruption agencies, financial intelligence units, as well as sector ministries and agencies. In the private sector, we work with chambers of commerce, as well as with sector organizations, including banking and other industries. The Bank provides technical support to its member countries in their efforts to prevent and combat money laundering and terrorist financing, in compliance with FATF Standards in three key areas: (i) National Risk Assessments and National Strategies, (ii) Legal and regulatory reforms, and (iii) IT and institutional strengthening. On the public - private sector side, the ICS team supports the Americas Business Dialogue Action for Growth Plan. The Plan identifies a series of reforms to bolsters private sector integrity and transparency, which has increasing demand in the region. This commitment by the public and private sector has generated a need for strategic technical knowledge and expertise for the implementation of this program, including the knowledge agenda and dissemination activities on financial and private sector integrity. What you'll do: Provide technical support and advice to IDB member countries on AML/CFT projects. This includes, but is not limited to engage in identifying, designing and executing technical assistance and lending operations in transparency, integrity and anticorruption, especially related to AML/CFT. Provide technical advice on the implementation and compliance with international standards on AML/CFT. Cultivate strategic alliances and partnerships with other donors on AML projects, and promote technical assistance, operation identification, design and execution. Provide support in managing the Transparency in Finance Infoguide Advise and mentor Bank specialists on the design and implementation of transparency and integrity reforms at the sector level, including the private sector. Provide technical support to the transparency and integrity working group at the Americas Business Dialogue. Coordinate compliance and integrity reforms with the private sector, including identifying, designing and executing technical assistance to private sector associations on corporate governance and integrity mechanisms. Promote the Bank's contributions in external and internal networks, translating academic findings into policy-relevant recommendations for our borrowing countries. Draft, produce, identify and design technical notes and dissemination activities related to key issues on AML/CFT and private sector integrity, such as beneficial ownership reforms, the economic benefits of private sector integrity and other related subjects. Consanguinity: You have no family members (up to fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB Group. Education: Master's degree in Law, with robust academic knowledge in AML/CFT and private sector integrity, such as compliance functions. Experience: At least 5 years of relevant experience and a track record in identifying, designing and implementing policy reforms in transparency, integrity and anti-corruption with a particular focus on AML/CFT reforms and implementation of FATF standards, private sector integrity and compliance. Extensive knowledge on FATF recommendations and methodology is a must. Experience and familiarity with issues on good governance, transparency and integrity in the private sector, including designing and implementing compliance frameworks for the public and/or private sector is also required. Experience in working in multilateral and international organizations or projects financed by these entities is desirable. Languages: You are fluent (oral and written) in English and Spanish. Working knowledge of an additional official IDB Group language (Portuguese and French) is a plus. Starting date: Upon mutual agreement with candidate Location: Headquarters, Washington DC; USA. The IDB reserves the right to reassign the staff member to a different location based on business needs. Frequent travel may be required. Requirements: You must be a citizen of one of the IDB's 48 member countries and have no family members currently working at the IDB Group. About us: At the IDB, we're committed to improving lives. Since 1959, we've been a leading source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean. We do more than lending though. We partner with our 48-member countries to provide Latin America and the Caribbean with innovative research about relevant development issues, policy advice to inform their decisions, and technical assistance to improve on the planning and execution of projects. For this, we need people who not only have the right skills, but also are passionate about improving lives. The IDB offers a competitive benefits and compensation package. Our team in Human Resources carefully reviews all applications . A candidate has been pre-identified for this position and may apply. However, this remains a competitive process and other qualified candidates are encouraged to apply and will be duly considered. The IDB is committed to diversity and inclusion and to providing equal opportunities of employment. We embrace diversity on the basis of gender, age, education, national origin, ethnic origin, race, disability, sexual orientation, religion, and HIV/AIDs status. We encourage women, Afro-descendants, Indigenous peoples, the LGBTQ+ community and peoples with disabilities to apply. The organization requires a COVID-19 vaccination for in-person business in the United States. Therefore, everyone working in HQ is required to present proof of vaccination status upon hire unless they qualify for a medical or religious exemption, subject to the Bank's approval. Additional Information External Opening Date: May 16, 2022 External Closing Date: May 27, 2022 External Contact Email: External Contact Name: HR Service Center Job Field: Sector Previous Job Searches My Profile Create and manage profiles for future opportunities. Washington DC, United States - Headquarters

Similar jobs