Manager (Portfolio Management)

Manager (Portfolio Management)Job #: req36083 Organization: MIGA Sector: Other Grade: GH Term Duration: 4 years Recruitment Type: International Recruitment Location: Washington, DC,United States Required Language(s): English Preferred Language(s): Closing Date: 4/6/2026 (MM/DD/YYYY) at 11:59pm UTC DescriptionThis GH level role carries institution wide accountability for post signature portfolio performance, risk outcomes, and modernization of guaranteed operations, with regular exposure to senior management and governance forums.Duties and Accountabilities:The Manager will lead MIGA's Portfolio Management Unit (PMU), which oversees the full post-signature lifecycle of MIGA's guarantee portfolio-comprising over 360 contracts and $39 billion in gross exposure as well as that of the IBRD/IDA, currently comprising 30 contracts and $3.2 billion in exposure. The PMU ensures contractual compliance, manages client relationships, and provides early risk detection and mitigation. The Manager is responsible for driving the PMU's strategic evolution into a fully integrated function that combines contract management, client engagement, and risk oversight. The Manager is expected to operate with a high degree of judgment, autonomy, and accountability, translating portfolio data and risk signals into clear management actions and decisions.A strong PM Manager will deliver a resilient, well governed portfolio; clear and trusted risk reporting to management; timely and disciplined handling of distressed projects; and a motivated, high performing team with clear roles and accountability.Key responsibilities include:• Provide strategic and operational leadership to the PMU, ensuring alignment with MIGA's corporate priorities and the WBG Guarantee Platform.• Maintaining portfolio quality and compliance through timely and accurate post-signature actions; adherence to contractual obligations; and ensuring the effectiveness of early warning systems, risk reporting, and mitigation actions.• Lead client relationship management across the portfolio, fostering high service standards, proactive engagement, and business development opportunities• Ensure contract compliance, including monitoring of regular reporting requirements, and coordinating with other departments for timely feedback and follow-up as needed. • Strengthen integrated risk management by enhancing early warning systems, coordinating with cross-functional teams, and contributing to portfolio-level risk governance.• Lead portfolio management aspects of MIGA pre-claims and claims, including early identification of potential loss events, risk-based monitoring of distressed projects, and escalation to MIGA Legal & Claims.• Ensuring operational efficiency through reduction in turnaround times, modernization through delegation frameworks, adoption of digital tools such as workflow automation, data integration and artificial intelligence, and leading the development of modernization tools such as the internal PM portal, external client portal, and other tools to streamline information flow.• Manage MIGA's monitoring responsibilities for IBRD/IDA guarantees under the WBG Guarantee Platform, expanding the PMU's role in post-signature oversight and harmonized practices across institutions.• Lead regular reporting to senior management on portfolio trends highlighting material risks, trade-offs, and recommended actions.• Represent the PMU in internal governance forums (e.g., PRMC, ORC, CC) and contribute to corporate initiatives, policy development, and strategic planning.Leadership/People Management• Provide thought leadership and direction to the team to ensure attainment of the unit's goals and objectives.• Accountable for resource management, recruitment, coaching, mentoring, performance evaluations and career development of staff.• Promote a culture of effective teamwork, collaboration, client-focused mindset with the ability to navigate complex stakeholder environments and deliver results under pressure.• Set clear performance standards and role clarity across the unit, including delegation, escalation thresholds, and decision rights, and hold staff accountable for delivery.• Model integrity, equity and inclusion.Selection CriteriaAssessment for this role will focus on demonstrated leadership judgment, ability to manage complex portfolios and risks, people leadership, and capacity to translate strategy into operational results.• Advanced degree (Master's or equivalent) in finance, economics, law, business administration, or related field.• Minimum 12 years of relevant experience in project finance, risk management, political risk insurance, or related fields, with demonstrated leadership in portfolio or contract management.• Demonstrated strategic and systems thinker with a track record of leading operational transformation in complex institutional settings• Proven ability to lead diverse teams, manage performance, build cohesion, navigate complex operations, and drive institutional change.• Strong understanding of financial instruments, legal frameworks, and risk mitigation tools in emerging markets.• Excellent communication, negotiation, and stakeholder engagement skills.• Familiarity with WBG operations, guarantee products, and cross-institutional coordination is highly desirable.• Collaborative leader who builds trust, fosters cross-functional partnerships, and champions innovation.World Bank Group Core CompetenciesThe 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.Learn more about working at the World Bank and IFC including our values and inspiring stories.