Infrastructure Finance Specialist

Infrastructure Finance Specialist

Job #: req38143 Organization: MIGA Sector: Infrastructure 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: 9/9/2026 (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.

The Multilateral Investment Guarantee Agency (MIGA or Agency) 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 shared prosperity on a livable planet. We do that through the provision of political risk insurance and credit enhancement to investors and lenders against losses caused by noncommercial risks. For more information, visit www.miga.org. In July 2024, the World Bank Group launched the WBG Guarantee Platform (WBG-GP), a major upgrade to its guarantees business that will deliver improved guarantee access through a unified team at MIGA, as well as innovative new guarantee solutions. These reforms will help position MIGA to achieve the goal of tripling annual guarantee issuance to $20 billion by 2030.

The Operational Strategy and Financing Solutions (MIGIG) unit within MIGA plays an important role in unlocking the potential of the WBG Guarantee Platform. With the launch of the Guarantee Platform, demand for technical support to identify bankable private sector projects, particularly those requiring WBG guarantee support, has rebounded and is expected to grow. The platform provides an opportunity to develop new guarantee solutions that combine individual guarantee products and WBG lending, provide portfolio covers, and support country platforms. Unlocking this potential requires greater focus on identifying opportunities at the regional level, engaging with global challenge programs, and coordinating with an emerging set of climate finance instruments.

As part of MIGOP, MIGIG falls under the MIGA Industries Directorate, where it supports strategic midstream engagement with World Bank teams in regions and global practices. MIGIG holds responsibility for IBRD/IDA guarantee products and coordinates closely with MIGOP Regional Heads and MIGOP Industries and Financial Institutions Group units to identify and originate novel guarantee programs and projects for the WBG Guarantee Platform.

The Infrastructure Specialist will work closely with colleagues across the WBG-Guarantee Platform. Note that this is initially a Washington, DC-based position, however given the regionalization agenda, there is a strong possibility of this position being selected for decentralization. If shortlisted, this will be discussed with you at interview. This role involves providing financial solutions and expertise in support of infrastructure investments across all sectors and regions. Responsibilities include developing, structuring, and implementing project pipelines and transactions, creating financial and risk analysis, and employing credit enhancement and risk mitigation solutions to mobilize private capital on competitive terms for government clients. The role requires a strong understanding of financial markets, financial analysis, and various debt instruments related to infrastructure and project financing. The Infrastructure Specialist will report to the Practice Manager of MIGIG.

Duties and Accountabilities

• Advise clients internally and externally (governments), on the development and effective implementation of private investments for sustainable development in infrastructure with a specific focus on private sector financing and climate transitions.
• Support the expansion of project pipeline, especially in infrastructure that are being targeted to mobilize private sector financing. This includes (i) identification of opportunities and candidate projects, and (ii) relationship building and management with both clients (banks, institutional investors, credit analysts).
• Support Senior and Lead Infrastructure Finance specialists during preparation, structuring, negotiation, closing, and monitoring of transactions of investment and policy operations, with a focus on development and effective implementation of mobilizing commercial capital for sustainable development.
• Work with World Bank Task Teams as an integral part of the project team, to conduct due diligence for infrastructure finance operations with a special focus on financial analysis and structuring financial solutions for raising commercial financing.
• Develop and lead conceptualization of MIGIG marketing materials and documentation as well as knowledge products (including webinars, dissemination brochures, country case studies and lessons learned from operations)
• Being integral part of project teams focusing on:
• risk assessment and risk allocation,
• financial structuring and analysis,
• transaction design, structuring and transaction processing,
• assessment of readiness of infrastructure projects to be taken to financial markets for long term funding, and
• project implementation and monitoring

Selection Criteria

• Master's degree (e.g., in finance, international business, public policy or related field) and a minimum of five years of professional relevant experience or an equivalent combination of education and experience;
• A background in investment and development banking with demonstrated experience in working with private sector projects and governments;
• Strong understanding of infrastructure policies, strategies and institutions, and how they are best designed to deliver services in a sustainable manner.
• A full understanding of financial modeling, project finance, structured finance, capital markets, reinsurance market, ESG linked finance, green bonds and loans, sustainability-linked debt instruments and other labelled instruments. Familiarity with commercial banks, bond investors and institutional investors and the key motives and constraints driving their lending or investment.
• An understanding of market trends and innovative financial developments across sectors and regions and an ability to translate such trends and developments to potential opportunities that could expand the World Bank's project pipeline that is targeted to mobilize private sector financing.
• Strong analytical skills and proven ability to lead and contribute to high-quality analytical and advisory services tasks (and sub-tasks) related to infrastructure financing, public-private partnerships, and/or related topics;
• Excellent written and spoken English essential; fluency in a second language, especially French and Spanish, is a plus
• Proven ability to interact and communicate effectively with senior staff and clients;
• Ability and willingness to work flexibly on a range of assignments, and prioritize a variety of complex evolving tasks;
• Ability to deal sensitively in a multicultural environment and build effective work relations with clients and colleagues;
• Willingness and ability to travel;

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.