Credit Risk Analyst - MIGFR

CGAP
CGAP

IT

Posted on Sep 30, 2026
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At the Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group (WBG), you’ll join a diverse, global community working across cultures, disciplines, and borders to address the world’s most pressing development challenges. With 1.2 billion young people reaching working age in the decade ahead, the challenge of job creation has never been greater. With 1.2 billion young people reaching working age in the decade ahead, the challenge of job creation has never been greater. Through partnerships across 145 countries and more than 182 offices worldwide, we work with governments, private sector, development partners and other stakeholders to invest in people, strengthen markets, and deliver scalable, data-driven solutions that generate more and better jobs and improve lives. MIGA’s guarantees help mitigate risks. In fiscal year 2026, the WBG Guarantee Platform delivered a total of $17.8 billion in guarantees. For more information, visit https://www.miga.org/ 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 operational teams to assess and structure emerging guarantee products and solutions. The Credit Team is seeking a Credit Risk Analyst to support the assessment, rating, and monitoring the credit risk of state-owned enterprises (SOEs) in developing markets where MIGA considers providing credit enhancement under NHFO SOE products. The selected candidate will also support the evaluation of reinsurance counterparties and, where relevant, contribute to broader analytical work related to portfolio monitoring as well as maintenance and enhancement of MIGA’s risk limit framework. Duties responsibilities • In the above context, the selected candidate will support MIGA’s credit function, with a principal focus on SOE credit analysis in connection with NHFO SOE transactions, portfolio monitoring and support to the assessment of reinsurance counterparties. • With respect to SOE credit activities, the selected candidate will participate in underwriting teams for new NHFO SOE transactions, assist in credit due diligence, contribute to the identification of appropriate credit risk mitigants or structural enhancements, support the preparation and presentation of SOE credit analyses to relevant MIGA decision-making committees, contribute to documents prepared for MIGA’s Board of Directors, and support the monitoring of the credit quality of MIGA’s NHFO SOE portfolio. • With respect to reinsurance credit activities, the selected candidate will support annual and ad hoc credit risk analyses of reinsurance counterparties, prepare written credit assessment reports and rating recommendations, and participate in MIGA’s quarterly Reinsurer Counterparty Credit Risk Committee to present credit assessments and recommendations. • In addition, the selected candidate will be expected to contribute to broader analytical work related to portfolio monitoring, maintenance of MIGA’s risk limit management framework, and support to colleagues for other risk initiatives, as needed
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