Finance Officer Job #: req34572 Organization: MIGA Sector: Finance & Accounting Grade: GF Term Duration:ย 4 years 0 months Recruitment Type: International Recruitment Location: Washington, DC,United States Required Language(s): English Preferred Language(s): Closing Date: 10/30/2025 (MM/DD/YYYY) at 11:59pm UTC
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, pleaseย visit http://www.worldbank.orgย andย www.miga.org.
The Finance and Risk Management Group (MIGFR) is responsible for ensuring MIGAโs financial integrity, income sustainability, and balance sheet optimization. We achieve this through the management and oversight of MIGAโs 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:
The Finance Officer will play a crucial role in the use and the development of the Agencyโs internal quantitative tools, including but not limited to MIGAโs Economic Capital (EC) model and MIGAโs liquidity framework. She or he will report to the Head of Risk Analytics and the Principal Investment Officer. Key responsibilities will include:
โข Design, develop, enhance and implement quantitative models focusing on Economic Capital, Liquidity and Correlation Risk analysis and modeling, Foreign Exchange risk modeling, Stress tests related to MIGAโs economic capital model and investment portfolio
โข Support the Risk Analytics team with regular execution of the risk models for various business applications
โข Provide quantitative research and analysis on MIGAโs activities, specifically related to risk, liquidity and analysis of the adequacy of MIGAโs quantitative processes
โข Generate detailed risk and exposure reports, providing accurate and timely information on exposures, trends and potential impacts
โข Contribute to the monitoring of key indicators and developing early warning systems to alert on potential emerging risks related to the investment portfolio
โข Gain an expert understanding of MIGAโs Economic Capital and liquidity models and become a key reference point within the Risk and Finance team
โข Play a critical role and act as a source of expertise in the stress tests of MIGAโs Economic Capital, liquidity and investment models and present results to a wide audience, including senior management
โข Contribute to the collaboration and cooperation across the department, with a particular focus on the Risk Analytics and Investment management units
โข Contribute to the design, business requirement development, quantitative support, tools building and testing of IT system enhancements for MIGFR
โข Stay updated on industry best practices and emerging trends in financial engineering and best practices, incorporating relevant insights into MIGAโs framework
Selection Criteria
The ideal candidate will possess as many of the following professional and personal characteristics as possible:
โข A Masterโs or higher degree in finance, mathematics, physics, engineering or a related quantitative field.
โข 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
โข 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
โข Understanding of liquidity management, risk optimization, and both strategic and tactical asset allocation.
โข Working experience with one or more of the following programming languages: VBA, Matlab, C, C++, Python
โข Working experience with database design, data visualization
โข Demonstrated ability to think strategically and rapidly analyze diverse information from varied sources.
โข Hands-on approach with the ability to manage multiple tasks in a small team setting.
โข Highest standards of ethical integrity and transparency.
โข ย Experience working with the insurance industry, pension funds, investment banks, structured solutions desks, multilaterals or central banks is preferred but not required.
โข ย 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 theย World Bankย andย IFC, including our values and inspiring stories.