World Bank Group
Counsel
Washington, DC, US
Sponsorship not specifiedDetected 2 days ago
Research
About the role
- Working at the World Bank Group (WBG) provides a unique opportunity to help countries solve their greatest development challenges.
- We do that by providing political risk insurance and credit enhancement to investors and lenders against losses caused by non-commercial risks.
- This integration enhances efficiency, simplicity, and speed in delivering guarantee solutions.
Responsibilities
- Build a career with impact.
- As one of the largest sources of funding and knowledge for developing countries, the WBG is a unique partnership of five global institutions dedicated to ending poverty, increasing shared prosperity, and promoting sustainable development.
- With 189 member countries and more than 120 offices worldwide, the WBG works with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges.
- Do you want to build a career that is truly worthwhile?
- MIGA also promotes innovation and knowledge sharing in support of the WBG's mission and the WBG Guarantee Platform.
- MIGLC supports MIGA's internal departments in risk and policy analysis, finance and risk management and external outreach.
- For MIGA guarantees, MIGLC also manages all claims proceedings.
- Provide legal advice on guarantee operations of the WBG Guarantee Platform, including transaction structures and eligibility under MIGA's and IBRD's/IDA's governing documents and applicable policies and procedures.
- Oversee work of outside counsel, when retained, and manage costs.
- Assist MIGA's portfolio team in the preparation of waivers, consents, amendments, approval documents, non-disclosure agreements, and other legal documents relating to guarantees processed under the WBG Guarantee Platform.
Requirements
- Assist in the process of obtaining and/or modifying required host country approval for guarantees.
Company info
- The Multilateral Investment Guarantee Agency (MIGA) 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.
- As part of a project team and under the guidance of a Chief Counsel, advise on project risks, conduct due diligence to assess risks that affect the rights of the relevant WBG entity as insurer and subrogee, contribute to approval documents, draft and negotiate contracts of guarantee and related legal documents.
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This listing is sourced directly from World Bank Group's careers page and normalized into a canonical job model.