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. We do that through the provision of political risk insurance and credit enhancement to investors and lenders against losses caused by noncommercial risks.
MIGA’s Department of Operations (MIGOP) is looking for an Operations Analyst, to be based in Seoul, South Korea, to support MIGA Korea’s activities, as part of MIGA Asia team. The ideal candidate will have strong interest in private sector development in emerging markets and innovation. Under the supervision of the Senior Underwriter, the Analyst will be assigned a variety of tasks related to business development, relationship management with key clients and partners, and coordination of relationships with MIGA stakeholders including shareholders, development partner agencies, development financial institutions, and private sector players in Korea and Asia.
Duties And Responsibilities:
Business Development:
Conduct independent research on various topics across different sectors and regions, including preparation of briefing notes for senior management; background information and financial analysis of specific companies; trends in foreign direct investment (FDI); identification of business opportunities across sectors and regions
Collect data, analyze, and synthesize data from public and WBG sources for business development and project assessment
Research and identify investor/sector conferences relevant for sectors and regions
Prepare presentations and talking points for team and other groups in MIGA
Keep project leads and client lists up to dated and monitor its progress regularly
Use the client management system and provide reports as requested
Underwriting of Guarantees:
Assist in underwriting guarantees in various sectors and support team members on complex transactions with an emphasis on financial modeling and credit analysis
Prepare sections of relevant reports (sector updates, sub-sector information, strategy documents, briefing notes, underwriting papers, etc.) and contribute to the formulation of conclusions and recommendations
Research structures and participate in various projects
Liaise with counterparties to ascertain data quality in MIGA databases
Coordinate follow- up as required with sponsors, financiers, and public sector counterparties involved in project specification, definition, bidding preparation, negotiation, awarding of contract and project implementation and monitoring
Track status of projects at various stages in MIGA systems and provide regular updates as agreed with country representative or another designated person
Develop and maintain data base and tracking systems related to special sector initiatives
Write routine reports independently, including minutes of meetings
Work cooperatively with staff from other units and perform special assignments for other units, as required
Perform ad hoc tasks as may be assigned
Selection Criteria
Master’s degree in finance, economics, business administration, engineering, or related fields and at least 2 years relevant work experience (e.g., in project / export finance, investment banking, corporate finance and/or investment-related work at a corporate) or an equivalent combination of education and experience.
Excellent knowledge of excel and ability to develop complex financial models
Strong analytical and conceptual skills including corporate/project finance
Ability to think independently, analyze problems and identify appropriate solutions
Excellent organizational, administrative, and time management skills with proven ability to work promptly and efficiently under pressure and meet tight deadlines
Outstanding interpersonal skills and the ability to work with people at all levels (inside and outside MIGA) with demonstrated team spirit and responsiveness
Excellent written and verbal communication skills in English and Korean.
