1.    Technical Expertise & Program Management

• Accountable for FCT delivery and fulfilment of quantitative (volume target and strategic priority metrics) and qualitative objectives of the Agency.
• Assume primary responsibility for overseeing origination, structuring, and guarantee execution activities of FCT globally, ensuring that the quality of financial analysis, transaction structuring, implementation and monitoring of projects meet the highest standards.
• Develop and implement FCT’s business strategy and priorities globally, with a focus on strategic priority areas such as Fragile and Conflict Affected States (FCS), IDA countries, Climate Change/Finance, and Product Innovation.
• Develop and implement a strategy to grow the Agency’s short term trade finance guarantee program to the institutional goal of 30-40% of total new business volumes by 2030.
• Within the FCT product/region matrix, work closely with the Region and Country Heads to foster the deployment of all relevant FCT products to address the needs of clients across the regions. 
• Ensure financial sustainability and development impact through delivery of high-quality new guarantee volumes and proactive portfolio supervision.
• As called upon, Chair Early Screening (ESM) Underwriting Committee meetings and coordinate underwriting decisions on MIGA’s guarantees in the relevant FCT sectors.
• Partner with other parts of the World Bank Group to address factors limiting private investment in emerging markets including monetary and fiscal policy.
• Leverage MIGA’s intellectual leadership in financial institution capital optimization to influence international banking regulations and standards including those put forth by the Basel Committee on Banking Supervision.
• Collaborate across the WBG by maximizing FCT linkages in other sub-sectors as well as across regions.
• Contribute to key corporate initiatives by providing a perspective of the business needs in operations.

2.   Leadership/Talent Management

 Selection Criteria

• Master’s Degree (e.g., in Finance, Economics, International Business, or related field) and at least 15 years of relevant experience or equivalent combination of education and experience.
• Must have significant years of experience working in major merchant / investment, commercial or development bank, private equity firm, asset management firm or auditing/financial consulting firm operating to international standards.
• Demonstrated understanding of political and sovereign risk guarantee products, and their application in the FCT area.
• Demonstrated – sophisticated – banking and financial engineering technical skills, and expertise in new business origination, structuring and monitoring of projects.
• Sophisticated client development and relationship management skills, and proven track record originating and sustaining high quality client relationships and business levels.
• Strong organizational and management skills. Ability to manage several varied and complex tasks, resilient attitude towards conflicting priorities and challenges.
• A strong track record of people management, coaching, mentoring and leadership skills in a multi-cultural environment.
• Diplomatic communication and negotiation skills suited for a wide variety of people at high level both inside and outside the WBG. 
• Ability to listen to the views of business partners and to be sensitive to and understand cultural differences, transition success factors and the complexity of political constraints in the countries of operations.
• Ability to build effective working relationships with clients and colleagues in a multicultural environment.
• Excellent written and oral communication skills in English, and (ideally) French, Portuguese, and/or Spanish.
• Extensive experience of leading complex transactions through the full project life cycle.
• Relevant FCT sector experience.
• Demonstrated, proven capacity to do business in a tough and challenging environment.
• Experience of and judgement on integrity matters.
• Demonstrated ability to manage a business.

The World Bank has currently Offering a Internship vacancy for a Director with a deadline of 23rd October 2023 at 11;59 pm UTC

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