IDB. Intern to Support Anti-Money Laundering and Financial Crime Compliance

IDB. Intern to Support Anti-Money Laundering and Financial Crime Compliance Job Description IDB. Intern to Support Anti-Money Laundering and Financial Crime Compliance City: Washington DC Company: IDB Posting End Date: 9/25/2026 11:59 PM EST We improve lives 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. About this position The IDB Group is looking for an active undergraduate student to be hired as an intern under the Consultant modality. The 2027 Winter Internship Program is a competitive paid opportunity, based in Headquarters, for university students from member countries 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. Office of Institutional Integrity (OII) plays a key role in leading the IDB Group’s integrity efforts. The office is responsible for investigating allegations in connection with prohibited practices (i.e. fraud, corruption, collusion, coercion, misappropriation, and obstruction of an investigation) in IDB Group-financed activities, as well as conducting prevention activities designed to identify and manage the risk that prohibited practices or similar misconduct may occur in IDB Group operations. Additionally, OII supports IDB Invest by overseeing compliance with its Integrity Framework and Integrity Due Diligence Procedures on a project-by-project basis. In 2018, the Inter-American Development Bank (IDB) approved an Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) Framework. This Framework formalized the IDB’s commitment to managing the risks associated with money laundering and the financing of terrorism in its activities, in alignment with international best practices and consistent with risk management practices. It also established a uniform, Bankwide approach to managing: (i) the risk that the Bank could be utilized to facilitate money laundering or terrorist financing, and (ii) the reputational impact that may arise from conducting transactions with entities and individuals associated with money laundering, terrorist financing, or other criminal activities. The Intern will support the AML/CFT Compliance Function in its second-line oversight responsibilities, with particular emphasis on AML/CFT risk and control assessments, control testing activities, compliance monitoring, data analysis, documentation and reporting. What you’ll do Provide analytical and administrative support to the AML/CFT Compliance Function in the execution of its oversight responsibilities, including the testing and evaluation of AML/CFT risks and controls across the Bank's corporate activities. This will include: Assist in the planning and coordination of the 2026-2027 AML/CFT controls testing exercise. Support the maintenance of the AML/CFT Risk and Control Matrix (RCM) and related testing inventories. Collect, organize, and review control documentation and evidence provided by business units. Assist in documenting business processes and controls. Support testing of control design and operating effectiveness under the supervision of AML/CFT compliance staff. What you'll need Education : An active undergraduate student in Business Administration and Risk Management, Finance and Data Analytics, Law and International Relations, or Information Systems and Compliance and Risk from an accredited University. The graduation date should be after the Internship period Languages : Fluency in English with a working knowledge of one other Bank language (Spanish, French, or Portuguese) is a plus. Key Skills : Learn continuously, collaborate and share knowledge, focus on clients, communicate and influence, innovate and try new things Soft Skills : Result-driven, collaborative, innovative, client-oriented, strong communicator, self-motivated, eager to learn, and excellent time management skills. Technical skills: (i) Familiarity with AML/CFT, sanctions, risk and control testing, audit or compliance concepts is desirable; (ii) Strong analytical and research abilities; (iii) Ability to organize and analyze data sets; (iv) Excellent written and communication skills; and (v) Knowledge of international financial institutions, development banks or regulatory frameworks is an asset. Requirements Citizenship : Be a national of an IDB member country. 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 have 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 other contractual modality. Notes: Academic transcripts and university letters should be issued within the last three months. For undergraduate students, the second year of school must be completed when applying. 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. Interns must complete their assignments within this period. 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. Type of contract and duration Type of contract : Intern Consultant Length of contract : Two (2) months Dates of the contract : January 16th to March 15th, 2027 Location : Washington, D.C. - United States of America *Internship dates may be adjusted slightly to accommodate holidays. Our culture At the IDB Group, we work so everyone brings their best and authentic selves to work while finding their purpose. Our people consistently strive for excellence, and we recognize and celebrate the impact of their contributions. In our efforts to drive innovation, we intentionally include all voices, cultivate a sense of belonging and champion fairness. We welcome individuals from underrepresented groups to join us and share their unique perspectives. We ensure that individuals with disabilities are provided with reasonable accommodation to participate in the job interview process. If you require an accommodation to complete this application, please email us at View email address on click.appcast.io . About the IDB Group The IDB Group, composed of the Inter-American Development Bank (IDB), IDB Invest, and the IDB Lab offers flexible financing solutions to its member countries to finance economic and social development through lending and grants to public and private entities in Latin America and the Caribbean. About IDB We work to improve lives in Latin America and the Caribbean. Through financial and technical support for countries working to reduce poverty and inequality, we help improve health and education and advance infrastructure. Our aim is to achieve development in a sustainable, climate-friendly way. With a history dating back to 1959, today we are the leading source of development financing for Latin America and the Caribbean. We provide loans, grants, and technical assistance; and we conduct extensive research. We maintain a strong commitment to achieving measurable results and the highest standards of integrity, transparency, and accountability. About IDB Invest IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $14.1 billion in asset management and 325 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries. #J-18808-Ljbffr Inter-American Development Bank