Portfolio Officer
| Job #: | req38178 |
| Organization: | MIGA |
| Sector: | Investment |
| Grade: | GF |
| Term Duration: | 3 years 0 months |
| Recruitment Type: | International Recruitment |
| Location: | Washington, DC,United States |
| Required Language(s): | English |
| Preferred Language(s): | |
| Closing Date: | 9/10/2026 (MM/DD/YYYY) at 11:59pm UTC |
Description
Build a career with impact. Working at the World Bank Group (WBG) provides a unique opportunity to help countries solve their greatest development challenges. 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? The Multilateral Investment Guarantee Agency (MIGA) is a member of the World Bank Group with a mission to promote foreign direct investment into developing countries to help end extreme poverty and boost shared prosperity on a livable planet. MIGA houses the World Bank Group (WBG) guarantee platform which brings together products and experts from the World Bank, International Finance Corporation (IFC), and MIGA for simplicity, efficiency, and speed. 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 more information, visit www.miga.org.
MIGA Portfolio Management
The PM team is seeking two Portfolio Officers who each combine strong execution capability with analytical rigor and client relationship skills. Each Portfolio Officer will own day-to-day management of an assigned portfolio segment, serving as the primary point of accountability for portfolio execution, compliance, and client delivery.
DUTIES AND RESPONSIBILITIES
Portfolio Management and Compliance
• Manage the full post-signature lifecycle of an assigned portfolio segment, ensuring compliance with all contractual obligations, MIGA policies, and institutional standards.
• Own portfolio execution for assigned projects: contract administration, amendments, waivers, consents, assignments, elections of coverage, and cancellations.
• Implement portfolio management plans and strategies across assigned projects, translating portfolio-level decisions from the Portfolio Manager into project-level actions.
• Coordinate across departments (Legal, Finance, E&S, Reinsurance, underwriting) on contract matters, ensuring timely feedback and follow-up.
• Ensure compliance with portfolio obligations including monitoring of regular reporting requirements (AMRs, financial statements, DEIs), premium payments, and coverage elections.
Risk Management and Early Warning
• Conduct due diligence and risk assessment for contract modifications, restructurings, and amendments, ensuring alignment with MIGA policies.
• Provide early warning signals for projects at risk: monitor covenant compliance, financial performance, political risk developments, and E&S triggers.
• Develop and maintain project-level risk assessments and contribute to portfolio-level risk reporting.
• Recommend and implement risk mitigation actions, including restructuring proposals, enhanced monitoring, or escalation to the Portfolio Manager and Senior Portfolio Officers.
• Support pre-claims monitoring and contribute to operational readiness for potential claims events in coordination with Legal (MIGLC).
Client Relationship Management
• Manage client relationships and ensure a high level of client satisfaction; negotiate changes in the contracts of guarantee with investors to ensure contracts are developed and documented in accordance with MIGA's policies and procedures while also satisfying the needs of clients.
• Connect with MIGA clients (in coordination with the Portfolio Manager, Senior Portfolio Officers, and Client Service Leaders) to maintain optimal MIGA coverage for existing projects.
• Proactively identify new business opportunities, upsell potential, and cross-selling opportunities with existing portfolio clients, feeding insights into the origination teams.
• Participate in selection of new business transactions with existing clients in MIGA portfolio. Provide formal portfolio-based input into pipeline selection and structuring decisions, drawing on portfolio experience and risk patterns.
• Maintain close contact with private sector investors, lenders and other institutions working on the development and implementation of MIGA projects in developing countries.
Pre-Claims and Evaluation Support
• Coordinate with MIGLC to represent MIGOP with respect to any pre-claims or claims issues; support MIGLC engagements on pre-claims from an operations perspective. Lead portfolio-side operational readiness for pre-claims scenarios, including distressed project playbooks.
• Identify and document evaluation findings and rate the guarantee projects on overall development outcomes, MIGA's effectiveness and the project's contribution to MIGA's financial results as part of the project evaluation report (PER) team.
• Collaborate with PER team colleagues to research, analyze and prepare evaluation reports.
Portfolio Analytics and Reporting
• Participate in strengthening MIGA's operational risk management and internal control processes, especially in areas related to underwriting and portfolio management.
• Assist the Portfolio Manager in various analytical reports and papers for MIGA's Management and the Board of Directors, including project modification papers to the Board of Directors for its concurrence, PRC/FAC memos; and provide input to quarterly EVP reports and annual Guarantee Portfolio paper.
• Analyze operational business results and portfolio trends, developmental impact, reasons for contract cancellation and lessons learned, and make subsequent recommendations to ensure a more balanced portfolio. Deliver decision-oriented analysis with clear actions, trade-offs, and recommended interventions.
• Direct and quality-assure analytical outputs from Portfolio Analysts, ensuring data accuracy and strategic relevance.
Knowledge Management and Team Leadership
• Build capacity and mentor Portfolio Analysts to improve their knowledge and skills for efficient work delivery. Provide structured guidance, assign analytical tasks, and conduct quality reviews of Analyst outputs.
• Contribute to knowledge management through relevant lessons learned from the portfolio and maintain feedback loops from portfolio to new business. Systematically document risk patterns, structuring issues, and client insights to strengthen institutional knowledge.
• Support onboarding and induction of new team members, including training on PM processes, systems, and portfolio tools.
• Champion use of digital tools, PM portal, and workflow automation to drive efficiency and reduce manual processing.
Selection Criteria
• Master's degree in finance, economics, law, business administration, international development, or related field and a minimum of 5 years' experience in portfolio management, project finance, risk management, or related fields, ideally in development finance, multilateral institutions, or emerging markets or equivalent combination of education and experience.
• Proven end-to-end experience in underwriting and credit structuring, including the ability to process complex transactions (e.g., repeat deals, exposure increases, and complex amendments) independently.
• Sound knowledge of project finance structuring, accounting, financial modeling, capital structure.
• Strong project management skills, ability to be flexible, to prioritize work among multiple competing demands, propose reliable solutions, and implement projects effectively and efficiently.
• Demonstrated experience with early warning systems, risk assessment frameworks, and portfolio risk management.
• Demonstrated leadership abilities to establish and nurture client relationships, with a strong business development orientation.
• Strong sense of service and protection of MIGA's assets.
• Excellent interpersonal skills: openness to feedback, new ideas and ability to guide staff to find solutions for problems.
• Ability to work in a matrix organizational structure, delivering high quality work, and meeting business objectives.
• Recognized as a team player and strategic thinker with ability to develop innovative solutions to address portfolio risks. Proven ability to supervise and develop junior staff.
• Familiarity with WBG operations, guarantee products, and cross-institutional coordination is highly desirable.
• Ability to collaborate closely with other parts of the World Bank Group and other MFIs and financing institutions and banks.
• CFA designation or equivalent financial analysis certification (or equivalent experience in investment or commercial banking) is a plus.
• Excellent written and verbal communication skills in English (required). Spanish or French is a plus.
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 the World Bank and IFC including our values and inspiring stories.
At Impactpool we do our best to provide you the most accurate info, but closing dates may be wrong on our site. Please check on the recruiting organization's page for the exact info. Candidates are responsible for complying with deadlines and are encouraged to submit applications well ahead.
Before applying, please make sure that you have read the requirements for the position and that you qualify. Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.