Senior Infrastructure Finance Specialist

Job Posting Organization:
The Multilateral Investment Guarantee Agency (MIGA) is a member of the World Bank Group (WBG) and operates with a mission to address the world’s most pressing development challenges. Established to facilitate investment in developing countries, MIGA works through partnerships across 145 countries and maintains over 182 offices worldwide. The organization focuses on creating jobs and improving lives by providing guarantees that help mitigate risks associated with investments. In fiscal year 2026, MIGA delivered a total of $17.8 billion in guarantees, showcasing its commitment to fostering economic growth and stability in various regions. For more information, visit https://www.miga.org/

Job Overview:
The Senior Infrastructure Finance Specialist will play a crucial role within the Operational Strategy and Financing Solutions (MIGIG) unit of MIGA. This position is designed to support the development of new de-risking instruments, particularly liquidity support guarantees, which are essential for unlocking private sector investment in infrastructure projects. The specialist will work closely with various teams within MIGA, including Sector and Regional teams at IDA/IBRD, ESMAP, and IFC, to identify opportunities for new products that align with WBG strategic priorities. The role involves significant collaboration and requires a deep understanding of financial instruments and market dynamics to effectively contribute to the development of scalable solutions that can be replicated across different regions and programs. The consultant will also be responsible for preparing documentation for internal approvals and ensuring that new products meet the necessary legal and operational standards.

Duties and Responsibilities:
The duties and responsibilities of the Senior Infrastructure Finance Specialist include: A. Product Development: Assist in the development of new de-risking products and applications, focusing on WBG strategic initiatives such as Mission 300, AgriConnect, Digital, Water Forward, Carbon Markets, Minerals and Metals, and Small Island schemes. Identify opportunities and replicable de-risking models that can be scaled across regions and programs. B. Approval Documentation: Support the preparation of documentation required for internal approval of new de-risking solutions, including concept notes for early-stage review, IDA Private Sector Window materials, and full Board approval packages. C. De-Risking Product Legal Documentation: Collaborate with MIGA’s legal team and external advisors to develop legal documentation for de-risking products, including short-form and long-form term sheets and full guarantee agreements. D. Structuring, Underwriting and Governance: Develop guidelines for structuring and underwriting de-risking products, addressing eligibility criteria, coverage parameters, pricing principles, and risk assessment methodologies. E. Transaction Support: Assist WBG teams in integrating new Guarantee Platform de-risking solutions into program/project designs, reviewing project materials, and participating in coordination calls. F. Knowledge Materials: Prepare knowledge materials for workshops, training sessions, and engagements with government and private sector stakeholders.

Required Qualifications:
The position requires a strong background in finance, particularly in infrastructure finance and risk management. Candidates should possess excellent analytical skills, with the ability to develop financial models and assess investment opportunities. Strong communication skills are essential for preparing documentation and engaging with various stakeholders. Familiarity with the workings of international financial institutions and experience in developing countries will be advantageous. Candidates should also demonstrate a capacity for strategic thinking and problem-solving, as well as the ability to work collaboratively in a diverse team environment.

Educational Background:
A graduate degree in finance, economics, business administration, or a related field is required for this position. Advanced degrees such as an MBA or a Master's in Finance are preferred. Candidates should have a solid understanding of financial instruments, investment strategies, and market dynamics, particularly in the context of infrastructure projects.

Experience:
Candidates should have a minimum of 5-7 years of relevant experience in infrastructure finance, investment banking, or a related field. Experience working with international financial institutions or development agencies is highly desirable. The ideal candidate will have a proven track record of developing financial products and solutions, as well as experience in project management and stakeholder engagement.

Languages:
Fluency in English is mandatory, as it is the primary language of communication within the organization. Proficiency in additional languages, particularly those relevant to the regions in which MIGA operates, is considered a valuable asset and may enhance a candidate's profile.

Additional Notes:
This position is classified as an Extended Term Consultant (ETC) engagement, with an initial term duration of one year, extendable for up to three years in total. The work is expected to commence in FY27, and occasional international travel may be required as part of the role.