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About this position

IDB Invest is undertaking a strategic modernization of its Credit Risk Platform as part of the institution’s broader digital transformation and Technology Roadmap.  In 2025, the institution performed a comprehensive assessment of target business capabilities and market options. A Request for Proposal (RFP) has been issued to identify the most suitable Credit Risk Platform to replace the current platform that aligns with the industry’s best practices, regulatory standards, operational needs, and long-term scalability. 

We are looking for an experienced Business Analyst to join our team and provide comprehensive support throughout the project lifecycle to implement the new Credit Risk Platform. As Business Analyst, you will be a creative problem-solver with a strong attention to detail and excellent communication skills. You will report to the Business Owner of this project in the Risk Department and will work in the Credit Risk team (MCR or the business), in close coordination with the Information Technology Department as well as other business stakeholders such as FNA/Spreading in the implementation of the Credit Risk Platform replacement.

As part of this position, you will: 

• Facilitate clear communication between business stakeholders, IT teams, and project management.
• Gather, document and validate business requirements for the credit risk rating system.
• Support the design, testing, and deployment of the new system.
• Ensure the system meets regulatory compliance and internal risk management standards.
• Assist in change management activities, including training and user adoption.  

What you’ll do

Process Mapping and Gap Analysis

• Collaborate closely with the information technology team on mapping the “as-is” and “to be” (target state) workflow identifying potential improvements of the credit risk rating processes. 
• Support the IT team to map current credit risk assessment processes and identify gaps.
• Define the target-state processes aligned with the new system.

Solution Design Support

• Work very closely with the RSM/MCR Team to understand business goals and refine technical requirements for the Credit Risk Platform implementation by participating in the interviews and workshops organized by the Information Technology team.
• Support the business (MCR) to define specific reports and analytics that are needed and/or can facilitate the work of the credit risk team. 
• Work with the Information Technology team to translate business requirements (MCR’s) into functional and technical specifications for the IT team, facilitate specifications validation with the business area (MCR), and participate in solution design workshops and provide business input.
• Work closely with the organization stakeholders of the project both in the Information Technology team (Architecture, Integrations, Governance, etc.) as well on the business side (FNA/Spreading Team) to ensure proper documentation and identification of potential operational risks and subsequently work with the implementation team on the identification and creation of controls to mitigate the identified risks. 

Testing and Quality Assurance

• Work with the business and the information technology team to define scenarios, use cases, user acceptance criteria, and user stories to facilitate implementation, as well as coordinate and execute User Acceptance Testing (UAT) with business users. Document and track issues, ensuring timely resolution.

Training & Change Management

• Support the development of training materials and documentation, as well as facilitate training sessions and user onboarding activities.

Project Reporting & Communication

• Provide regular updates to project stakeholders, prepare project documentation, status reports, and meeting minutes as required, while maintaining and submitting comprehensive documentation and regular reporting of the status of activities to the MCR Business Owner.

What you'll need

• Education: Master in Computer Science, Finance, Business Administration, or other fields relevant to the responsibilities of the role.
• Experience: At least 5 years of experience working on technology implementation projects with at least 3 years of progressive experience in Business Analysis with proven experience in financial services and credit risk, including credit risk platforms and rating methodologies, strong analytical, documentation, problem-solving, and stakeholder engagement skills, expertise in requirements management, process mapping, and UAT coordination, familiarity with regulatory frameworks, proficiency in tools like Excel, Visio, JIRA, and BI platforms, and knowledge of Agile and Waterfall methodologies, who continuously learns, collaborates, innovates, and maintains a strong client focus
• Languages: Proficiency in English and one of the other Bank official languages (Spanish, French or Portuguese) is required.

Requirements

Citizenship:   No requirements 

Consanguinity: You have no family members (up to the fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab.

Type of contract and duration

 International consultant Full-Time, 12 months (up to 48 months, if applicable).

What we offer

The IDB Group provides benefits that respond to the different needs and moments of an employee’s life. These benefits include:

Our culture