Credit Risk Officer - MIGFR

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.

The MIGA Finance and Risk Department (MIGFR), which houses the Credit Team, acts as the custodian of MIGA’s financial integrity with a focus on both income sustainability and balance sheet strength. The Credit Team within MIGFR is responsible for a broad range of analytical and risk management functions that span counterparty credit assessment, portfolio risk oversight, and risk framework governance. On the credit side, the Team assesses the creditworthiness of state-owned enterprises (SOEs) in developing markets where MIGA is considering the provision of credit enhancement under its Non-Honoring of Financial Obligations by State-Owned Enterprises (NHFO SOE) guarantee product, and evaluates the financial strength and credit standing of reinsurance counterparties that MIGA engages to support portfolio risk management and private capital mobilization. In addition, the Team manages MIGA’s risk limit management framework, including setting and monitoring exposure limits across the guarantee portfolio.

The Team also serves as the institutional owner of MIGA's broader risk framework, ensuring that policies, methodologies, and risk appetite standards remain current and fit for purpose. In addition, the Credit Team provides dedicated risk support for new products and innovation initiatives, partnering with business development and op