Regional Head of Latin America and Caribbean Hub

Job Posting Organization:
The Multilateral Investment Guarantee Agency (MIGA) is a member of the World Bank Group (WBG) and was established to promote foreign direct investment in developing countries by providing political risk insurance and credit enhancement. MIGA operates in 145 countries and has over 182 offices worldwide, focusing on creating jobs and improving lives through partnerships with governments, private sector entities, and development partners. The agency aims to address pressing development challenges, particularly in the context of job creation for the 1.2 billion young people entering the workforce in the coming decade. MIGA's guarantees help mitigate risks associated with investments, and in fiscal year 2026, the WBG Guarantee Platform delivered a total of $17.8 billion in guarantees. For more information, visit https://www.miga.org/

Job Overview:
The Regional Head of Latin America and Caribbean Hub is a pivotal role within MIGA's Operations Department (MIGOP), responsible for developing the agency's business pipeline in the Latin America and Caribbean region. This position requires extensive experience in political and public sector credit risk underwriting, new business origination, and client relationship management. The selected candidate will identify new business opportunities for MIGA and the World Bank's Guarantee Platform, achieve business targets, and grow the World Bank Group's guarantee business. The role involves frequent interaction with top government officials, private sector companies, and financial institutions, necessitating strong diplomatic skills and a deep understanding of the region's economic landscape. The Regional Head will report to MIGA’s Financial Institutions Group (FIG) Director based in Washington D.C., and will be based in either Sao Paulo or Panama City, depending on business needs.

Duties and Responsibilities:
The duties and responsibilities of the Regional Head of Latin America and Caribbean Hub include:

• Developing and implementing strategies to identify clients and projects in priority sectors and countries.
• Overseeing technical underwriting support from the region and ensuring quality assurance for the work produced by the regional team.
• Managing relationships with host governments and officials in priority markets.
• Collaborating with other units within MIGA, IFC, and the WBG to achieve high-level business results.
• Providing oversight of political risk insurance underwriting and business origination work, ensuring consistency with WBG country partnership strategies.
• Identifying new business opportunities using various business development tools, particularly in lesser developed countries.
• Structuring complex transactions and assessing project risks.
• Coaching and mentoring junior staff, and supervising regional staff.
• Representing MIGA at high-level conferences and advising on business development strategies. 1
• Frequent travel to follow up on project opportunities.

Required Qualifications:
Candidates must possess a Master’s degree in international business, finance, economics, or a related field, along with at least 12 years of directly relevant experience in areas such as political risk underwriting, public/sovereign debt finance, project finance, and private sector work in emerging markets. Extensive knowledge of emerging markets finance and economic development is essential, as well as sound analysis" style="border-bottom: 1px dotted #007bff !important;">financial analysis skills and a proven track record in business development and handling complex project risk underwriting. Candidates should demonstrate strong client orientation, diplomatic skills, and sensitivity to social and cultural issues. Experience in leading teams and delivering high-quality results is crucial, along with the ability to make forward-looking decisions and maintain high standards of personal integrity.

Educational Background:
A Master’s degree in international business, finance, economics, or a related field is required for this position. This educational background provides the necessary foundation for understanding the complexities of investment insurance and foreign direct investments in emerging markets, which are critical for the role.

Experience:
Candidates should have at least 12 years of relevant experience, particularly in political risk underwriting, public procurement, project finance, and private sector work in emerging markets. This level of experience is necessary to navigate the complexities of the role and to effectively manage relationships with various stakeholders, including government officials and private sector partners.

Languages:
Fluency in English and Spanish is mandatory, as the role requires excellent written and oral communication skills in both languages. The ability to speak Portuguese is considered a plus, enhancing the candidate's ability to engage with stakeholders in the region.

Additional Notes:
This position is classified as Open-Ended Staff (OPEN-OP) and involves international recruitment. The role may require frequent travel to various locations within the Latin America and Caribbean region to follow up on project opportunities. The World Bank Group offers comprehensive benefits, including a retirement plan, medical, life and disability insurance, and paid leave, including parental leave. The organization is committed to diversity and inclusion, ensuring equal opportunity for all candidates regardless of gender, identity, religion, race, ethnicity, sexual orientation, or disability.