Finance Officer

Finance Officer

Description

Do you want to build a career that is truly worthwhile? The Multilateral Investment Guarantee Agency (MIGA or the 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 share prosperity. We do that through the provision of political risk insurance and credit enhancement to investors and lenders against losses caused by noncommercial risks. MIGA serves as a one-stop shop for all WBG guarantee business, providing the best guarantee solutions for clients to meet project needs and development priorities. The platform provides three types of coverages: credit guarantees for loans to the public or private sector; trade finance guarantees for trade finance projects involving public entities; and political risk insurance against non-commercial risks for private sector projects or public-private partnerships.

For additional information, please visit http://www.worldbank.org and www.miga.org.

The Finance and Risk Management Group (MIGFR) is responsible for ensuring MIGA’s financial integrity, income sustainability, and balance sheet optimization. We achieve this through the management and oversight of MIGA’s accounting, financial reporting and control function, investment management and cost efficiency optimization, related portfolio risk management, SOE counterparty risk assessment, reinsurance and syndications program, budget, and information technology strategy and plans, and systems.

MIGFR is looking for a Finance Officer to support the investment and risk divisions. The role will be reporting to the Head of Risk Analytics and the Principal Investment Officer.

Duties and Responsibilities:

Selection Criteria

The ideal candidate will possess as many of the following professional and personal characteristics as possible:

• A Master’s or higher degree in finance, mathematics, physics, engineering or a related quantitative field.
• A minimum of 5 years of relevant experience in risk analytics and modeling, financial engineering, and /or financial platform implementation with a focus on complex financial instruments and exposure to highly technical problems

• Strong interpersonal skills with a proven ability to collaborate and work effectively with colleagues, management and staff at all levels. Ability to articulate complex technical concepts to non-technical stakeholders and facilitate organization change by building consensus and resolving challenges

• Understanding of liquidity management, risk optimization, and both strategic and tactical asset allocation.

• Working experience with one or more of the following programming languages: VBA, Matlab, C, C++, Python

• Working experience with database design, data visualization

• Demonstrated ability to think strategically and rapidly analyze diverse information from varied sources.

• Hands-on approach with the ability to manage multiple tasks in a small team setting.

• Highest standards of ethical integrity and transparency.

• Experience working with the insurance industry, pension funds, investment banks, structured solutions desks, multilaterals or central banks is preferred but not required.

• In addition, the candidate is expected to confirm that no significant personal conflict of interest would arise out of performing the role of Finance Officer for MIGA.

WBG Culture Attributes:

1. Sense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders.
2. Thoughtful risk-taking: Challenge the status quo and push boundaries to achieve greater impact.
3. Empowerment and accountability: Empower yourself and others to act and hold each other accountable for results.

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.

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

Learn more about working at the World Bank and IFC, including our values and inspiring stories.