Senior Investment Officer - Structured Finance

Description

The Multilateral Investment Guarantee Agency (MIGA or Agency) is a member of the World Bank Group, and our mission is to promote foreign direct investment into developing countries to help end extreme poverty and boost shared prosperity on a livable planet. We do that through the provision of political risk insurance and public sector credit guarantees to investors and lenders against losses caused by noncommercial risks. For more information, visit www.miga.org.

In July 2024, the World Bank Group launched the WBG Guarantee Platform ( WB GP) a major upgrade to its guarantees business, that will deliver improved guarantee access through a unified team at MIGA as well as innovative new guarantee solutions. These new reforms will help position MIGA to achieve the goal of tripling annual guarantee issuance to $20 billion by 2030.

To meet this goal and maximize its development mandate, MIGA must stay focused on supporting the needs of WBG’s developing member countries, while complementing the activities of other public and private insurers.   To further develop the Agency’s business and foster innovation in the WB Guarantee Platform across the World Bank Group Institutions in these core areas and to meet the evolving needs of investors in developing and emerging markets, MIGA’s FIG  ( Financial Institutions Group )  Operations Department (MIGOP) seeks a skilled and well-versed finance professional with experience in structured credit to join the WBG GP team .
The individual would focus on structuring and risk assessment for WB GP’s structured finance solutions  (including covered bonds, portfolio guarantees, structured debt funds, SRTs etc.) and contribute to further enhancing the WB GP’s analytical approach for these products. The individual would also contribute to WB GP’s debt capital markets and local currency financing transactions and assume shared responsibility for building business growth across regions.

Duties and Accountabilities:

•   Lead structuring, pricing and execution of guarantee transactions for WB GP’s clients primarily involving structured finance products (including covered bonds, portfolio guarantees, structured debt funds, RSF, CRTs etc.) and capital markets instruments with potential additional focus on local currency financing;
•   Contribute to expanding WB GP’s range of suitable solutions, including innovative structured finance products and capital market products, in frontier markets; 
•   Identify business opportunities and contribute to business development and innovation together with relevant teams and products across the WB GP (MIGA, IFC, IBRD/IDA);
•   Build and maintain relationships with key stakeholders including regulators, government entities, investors, global and regional bank counterparts, and capital market firms;
•   Provide product expertise, advice and training, and help others learn and deliver;
•   Co-lead work and initiatives on relevant policies, frameworks, processes and methodologies, and inform corporate decision-making within areas of responsibility
•   Represent the WB GP in relevant internal and external working groups and conferences at senior level.

Selection Criteria

•   Master’s degree in a related field and at least 8-12 years of relevant experience.  
•   Deep theoretical and practical understanding of quantitative and analytical methodologies (including rating agency approaches) to analyze and price the above structured finance products.
•   Demonstrated well-rounded business judgment, strong negotiation, structuring, and problem-solving skills, and solid track record in transaction execution;
•   Extensive experience in and knowledge of IFC products, operational processes, and governance frameworks ;
•   Highly motivated, results-oriented team player with an enthusiasm to work on complex products and learn new skills on the job, a “can do” attitude and ability to collaborate effectively across organizational boundaries;
•   Proven ability to foster open discussions across boundaries, encouraging a learning culture and providing a safe environment for the exchange of ideas;
•   Excellent written and verbal communication skills and strong ability to describe complex concepts, approaches, and lessons learned in a manner that is relevant and understandable for clients and stakeholders; and
•   Flexibility and willingness to work in different time zones as required in a global team.

Note: This internal requisition is open to WBG and IMF staff only (including short-term and extended term consultants/ temporaries). External candidates are requested not to apply. In case an external candidate applies, their application will not be considered.

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World Bank Group Core Competencies

The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.

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