Description
Do you want to build a career that is truly worthwhile? The Multilateral Investment Guarantee Agency (MIGA) 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. For more information, visit www.miga.org.
In February 2024, the World Bank Group announced 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.
MIGA’s Operations Department (MIGOP) leads MIGA’s guarantee business development and origination activities, structures transactions, and leads projects through the underwriting and approval process, and manages our guarantees portfolio.
MIGOP’s Middle East sub region is seeking a qualified individual who is proactive, client-focused and team player to join a fast-paced working environment as an Operations Analyst. The person will be located in the West Bank and Gaza office and will support MIGA’s Middle East team in researching new markets/ sectors for MIGA origination efforts in Middle East and Egypt, material preparation for client meetings, conferences and follow-ups, logistical arrangements, and project execution and due diligence to support business origination and execution efforts.
Duties and Responsibilities
- Research new markets/ sectors for MIGA guarantee business origination efforts in Middle East and Egypt sub region
- Conduct research on various potential investors, specific companies, governments and sovereign owned entities (SOEs); integrity checks, trends in foreign direct investment (FDI) into the sub region; screening list of potential Public Private Partnerships (PPP) projects; identification of other business opportunities
- Collect and analyze data from public and WBG sources for business development purposes; prepare and use complex financial models to analyze the financial viability of the investment project or support credit analysis for credit enhancement transactions
- Engage with MIGA’s clients, conduct in-country and virtual due diligence meetings with host country government officials, and collaborate with partners (e.g. World Bank, IFC, and other development finance partners)
- Prepare talking points and presentations for new business origination-focused activities with project sponsors, specialist industry groups, and forums;
- Identify investor/sector conferences relevant for MIGA and conduct logistical arrangements for client meetings, workshops, conferences, business trips of MIGOP’s officers
- Prepare memos including internal assessment, briefing memos, minutes of meetings
- Contribute to execution of MIGA’s products as needed, including pricing indication, supporting the documentation, credit papers drafting, following up on clients’ application materials and fee payment among other things
Selection Criteria
- Must have a Master’s degree (e.g., in Finance, Economics, International Business, or related field) and at least 2 years’ relevant experience or an equivalent combination of education and experience. Relevant experience includes limited non-recourse project finance work and/or analyzing and executing commercial or public sector investments, financial analysis with a focus on complex transactions in the emerging markets general infrastructure and energy sectors. Such experience ideally gained with a reputable and well known global financial institution (multi-lateral development bank, consulting firm, private sector sponsor, investment, or commercial bank, etc.)
- Knowledge of emerging markets finance and economic development and an understanding of issues related to investment insurance and foreign direct investment in emerging markets
- Excellent knowledge of excel and financial analysis with the ability to develop complex financial models
- Strong analytical and conceptual skills including corporate / project finance
- Effective interpersonal skills and ability to interact effectively with clients and colleagues from various cultural backgrounds under time pressure
- Ability to think and work independently, analyze problems and identify appropriate solutions
- Excellent communication skills (both written and oral), fluency in spoken and written English and Arabic required, and fluency in Spanish and/or French desired
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.
How to Apply
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