Overview
Provide legal advice on guarantee operations of the WBG Guarantee Platform, including transaction structures and eligibility under MIGA’s and IBRD’s/IDA’s governing documents and applicable policies and procedures.
Key Responsibilities
- Provide legal advice on guarantee operations of the WBG Guarantee Platform, including transaction structures and eligibility under MIGA’s and IBRD’s/IDA’s governing documents and applicable policies and procedures.
- As part of a project team and under the guidance of a Chief Counsel, advise on project risks, conduct due diligence to assess risks that affect the rights of the relevant WBG entity as insurer and subrogee, contribute to approval documents, draft and negotiate contracts of guarantee and related legal documents.
- Oversee work of outside counsel, when retained, and manage costs.
- Assist MIGA’s portfolio team in the preparation of waivers, consents, amendments, approval documents, non-disclosure agreements, and other legal documents relating to guarantees processed under the WBG Guarantee Platform.
- Research and draft memoranda on issues of national and public international law and conducting legal due diligence related to host countries.
- Assist in the process of obtaining and/or modifying required host country approval for guarantees.
- Assist with review and management of disputes between investors and host countries that may develop into claims under WBG guarantees.
- Carry out other duties assigned by the General Counsel or a Chief Counsel.
Required Experience
At least 5 years of relevant legal experience since earning law degree, preferably in a law firm, international financial institution or corporation with international business or finance operations. Relevant experience includes working in transactions involving cross-border lending or investment in developing countries; project, asset or corporate finance; complex corporate and financial transactions; political risk, export credit or investment insurance.
Qualifications
Juris Doctor, LLB, or equivalent law degree; qualification to practice law in at least one jurisdiction. LLM degree is a plus.
