IDB Invest. Undergraduate Internship -Legal Department's Compliance Unit

IDB Invest. Undergraduate Internship
-Legal Department's Compliance Unit

Job Description IDB Invest. Undergraduate Internship
-Legal Department's Compliance Unit City:
Washington DC Company: IDB Invest Posting End Date: 9/25/2026 11:59 PM EST

The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve their 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 2027 Winter Internship Program is a competitive paid opportunity, based in Headquarters, for university students to learn about development work and corporate management of IDB Invest, 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 in relation to certain nonfinancial risks related to our investments, advisory work, and corporate functions in the following areas: (i) integrity, ethics, and reputational risks;

(ii) management of operational conflicts of interest (COI); (iii) nominee directorships; (iv) data access management and privacy; (v) oversight of anti-money laundering/combating the financing of terrorism (AML/CFT) and sanctions; and (vi) material non-public information (MNPI).

• Assist the Compliance unit of IDB Invest’s Legal Department in advising Management and business teams on a variety of legal and compliance matters.
• Assist the Compliance unit’s legal officers in identifying, managing, and developing solutions to mitigate nonfinancial risks in IDB Invest’s operations, including those relating to integrity, ethics, operational conflicts of interest, MNPI, AML/CFT, and other areas.
• Assist the Compliance unit in developing and implementing policies, guidelines, and procedures to prevent, assess, and mitigate compliance risks.
• Conduct research on a variety of legal and compliance-related topics and draft reports and other work products to advise Management on topics relevant to the compliance program of an international organization/MDB.
• Develop training and capacity-building materials.
• 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 student in Law from an accredited University. Graduation date must 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.
• Key Skills
  :
  
  Learn continuously,collaborate and share knowledge, focus on clients,communicate and influence,innovate and try new things.
• 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 have family members (up to the…