Director and General Counsel, MIGA

Director and General Counsel, MIGA Job #: req32597 Organization: MIGA Sector: Legal Grade: GI Term Duration: 4 years 0 months Recruitment Type: International Recruitment Location: Washington, DC,United States Required Language(s): English Preferred Language(s): Closing Date: 4/23/2025 (MM/DD/YYYY) at 11:59pm UTC

 Description

The Multilateral Investment Guarantee Agency (MIGA) is a member of the World Bank Group (WBG). MIGA’s mandate is to promote cross-border investment in developing countries by providing non- commercial risk guarantees to investors and lenders. Established at the start of FY25, WBG Guarantee Platform, housed at MIGA, brings together products and experts from the World Bank, International Finance Corporation (IFC), and MIGA for simplicity, efficiency, and speed. It aims to boost WBG annual guarantee issuance to $20 billion by 2030. The WBG Guarantees Platform 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. MIGA is recruiting the Director & General Counsel (GC) to lead the Legal, Claims, and Integrity Group (MIGLIC). Reporting to MIGA's Executive Vice-President (EVP), MIGA's General Counsel is: the Agency's chief legal officer; the Director responsible for the management and operation of MIGLIC; and is a member of MIGA's Senior Management Team. The GC has responsibility for interpreting MIGA's Convention, By-Laws, Operational Policies, and all other legal documentation. In addition, the GC supports the EVP in his/her relationship with the Council of Governors and the Board of Directors and oversees membership activities, host country approval requests, drafting and negotiating Contracts of Guarantee, dispute and claims administration and mediation. The GC also advises on all institutional matters relating to the Agency, including representing MIGA in legal or arbitration proceedings, advising on intellectual property matters and opining on the Agency's policy and procedure framework. He/she interprets existing policies and proposes modifications as needs dictate; and more generally, supports Agency-wide initiatives such as the development of new products and coverages.

The GC will also have a dotted reporting line to the Vice President and General Counsel of the World Bank Group (WBG) and will collaborate closely with General Counsels of the World Bank and International Finance Corporation on World Bank Group-wide issues. The ideal candidate will have deep technical experience in project finance and/or political risk insurance arena as well as strong people, relationship, and resource management skills. Strong knowledge of international public law is a plus. DUTIES & ACCOUNTABILITIES: Technical Expertise: • As a key member of MIGA's senior management team, work closely with the other management team members to implement the  strategy of the WBG Guarantee Platform.• Contribute to the Concept Review Committee and Project Review Committee along with other members of the senior management to review and approve new projects/policies.• Manage the legal team’s delivery of transactional, portfolio, policy, and legal advice to internal and external clients in relation to the MIGA, IFC, and WB guarantees.• Manage all disputes, restructurings, pre-claim and claim matters that may arise with a view to maintaining the development outcomes of projects.• Manage the integrity team and the provision of advice to business teams on core aspects of IDD and AML/CFT risks as they impact the Guarantee Platform’s clients, partners, transactions, and new products/initiatives.• Provide crisis management and legal advice related to significant integrity matters, including potential or actual litigation, or involving complex legal issues. 
Leadership/Talent Management:
• Provide thought leadership and direction to the team to ensure attainment of the department goals and objectives.• Take accountability for recruitment, coaching, performance evaluations and career development of staff. • Promote a culture of effective teamwork and collaborative synergy.• Intervenes and resolves any issues arising from cross departments interactions.• Model integrity, equity, and inclusion.
Resource Management:
• Ensure that deployment of MIGA’s resources is prudent and consistent with Resource Management rules, policies, and internal controls.• Set priorities and allocates budget within and across the department, in line with institutional priorities and a view to maximizing the impact and value-add of the Agency’s activities.
Relationship Management:
• Lead or maintains and further strengthens the relationship with key stakeholders and partners within and outside the World Bank Group. • Lead complex cross-cutting engagements to further the Agency’s agenda.

Selection Criteria