Overview
The Credit Risk Officer will assess, rate, and monitor the credit risk of state-owned enterprises (SOEs) in developing markets and evaluate reinsurance counterparties. The role supports MIGA's credit function with a focus on SOE credit analysis for NHFO SOE transactions and portfolio monitoring.
Key Responsibilities
- Participate in underwriting teams for new NHFO SOE transactions.
- Conduct credit due diligence and recommend credit risk mitigants.
- Submit and present SOE credit analyses to decision-making committees.
- Contribute to documents prepared for MIGA’s Board of Directors.
- Support the monitoring of the credit quality of MIGA’s NHFO SOE portfolio.
- Conduct annual and ad hoc credit risk analyses of reinsurance counterparties.
- Prepare written credit assessment reports and rating recommendations.
- Participate in the Reinsurer Counterparty Credit Risk Committee.
- Contribute to broader analytical work related to portfolio monitoring.
- Maintain MIGA’s risk limit management framework.
- Support colleagues for other risk initiatives.
Required Experience
- At least 5 years of solid and relevant experience in credit risk analysis, including exposure to corporates, financial institutions, state-owned enterprises, and/or reinsurance counterparties.
- Deep technical knowledge of credit risk analysis acquired in a major financial institution and/or credit rating agency.
- Familiarity with rating agency methodologies.
- Experience conducting bespoke corporate and/or SOE credit analyses.
- Ability to assess transaction-related SOE exposures and reinsurance counterparty risk, including in emerging markets.
- Exposure to broader portfolio risk monitoring, risk limit framework management, and risk framework governance would be an advantage.
- High level of AI literacy applied to risk management would be preferable.
Qualifications
• Master’s degree (e.g., MBA, Finance) or an equivalent combination of education and experience.
