Head, Integrity
Apply NowCompany: The World Bank Group
Location: Washington, DC 20011
Description:
Head, Integrity
Job #:
req31674
Organization:
MIGA
Sector:
Risk
Grade:
GH
Term Duration:
3 years 0 months
Recruitment Type:
International Recruitment
Location:
Washington, DC,United States
Required Language(s):
English
Preferred Language(s):
Closing Date:
2/20/2025 (MM/DD/YYYY) at 11:59pm UTC
Description
Do you want to build a career that is truly rewarding? The Multilateral Investment Guarantee Agency (MIGA) 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. We do that through the provision of political risk insurance, credit enhancement and trade finance guarantees to investors and lenders against losses caused by non-commercial risks. For more information, www.miga.org.
The Integrity Group in MIGA (known as "MIGIR") supports MIGA's operations by helping to mitigate certain risks that may occur in projects, as well as corporate activities. One of these is "integrity risk" - corruption, fraud, economic sanctions, litigation, criminal activity/history, politically exposed persons, opaque ownership structures, money laundering and terrorist financing - any of which can affect the integrity of a project, or adversely impact MIGA's reputation as a preeminent international organization operating in the private sector.
Roles & Responsibility
The position will report to the Director and General Counsel.
Lead the integrity team and supervise the provision of advice to business teams on core aspects of IDD and AML/CFT risks as they impact MIGA's clients, partners, transactions, and new products/initiatives.
Supervise the MIGIR team, working to ensure:
Support the General Counsel in assessing and evaluating MIGA's framework for handling IDD and AML/CFT risks and adjust the same as required by business strategies, risk profile, or other factors.
Supervise the provision of advice to business teams on IDD and AML/CFT-related matters in transactions, new products/initiatives, and operations, including on the following subjects:
Adhere to International and national anti-corruption/bribery laws and regulations (e.g., FCPA, UK Bribery Act)
Keep up to date on and ensure the integrity abides by and correctly applies:
Support crisis management and provide legal advice related to significant integrity matters, including potential or actual litigation, or involving complex legal issues
Review all current integrity-related provisions in MIGA contracts.
Draft new integrity-related provisions in MIGA contracts, as needed.
Negotiate with clients to build out contractual protections on integrity-related matters
Advise on integrity-related provisions for legal documentation relating to new products/initiatives
Drafting disclosures for Board papers
The Head will serve as MIGA's liaison to the WBG Sanctions System and counterparts at the World Bank, IMF, multilateral development banks (MDBs), international organizations, clients, and other private-sector entities.
In addition, the Head is expected to mentor, conduct performance evaluations and hold career development conversations with team members while promoting a culture of effective teamwork, knowledge sharing and collaboration.
Selection Criteria
Master's degree, or Juris Doctor, LLB, or equivalent law degree; qualification to practice law in at least one jurisdiction is a plus.
At least 12 years of relevant experience providing advice on international business transactions, project finance or funds and including at least 8 years' experience advising on AML/CFT issues and/or integrity-related matters such as anti-corruption laws, economic sanctions, etc.
Experience at an international financial institution/multilateral development bank advising business teams on the above matters
In depth knowledge of AML/CFT laws and regulations, industry best practices and international standards including those issued by FATF and the Wolfsberg Group
Firm knowledge and understanding of international tax law principles, relating to tax evasion, tax transparency, use of intermediate jurisdictions in project structuring, and related party transactions
Fluency with data analytics and reporting
Experience with data sharing and data protection risk management
Experience presenting engaging workshops and trainings to staff and management at all levels
And Tackling All of the Above With:
Advanced technical skills with exceptional judgment
Ability to trouble shoot and demonstrate sound judgment on escalations to management
Prior experience supervising others, giving feedback and motivating teams.
Exceptional writing skills and ability to provide clear, concrete recommendations
Ability to build effective client relationships
Genuine commitment to sharing knowledge and expertise
Ability to produce under pressure
Diplomacy and ability to collaborate with individuals from diverse cultures and backgrounds
Highly personal integrity, strong values, and ethics.
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.
Job #:
req31674
Organization:
MIGA
Sector:
Risk
Grade:
GH
Term Duration:
3 years 0 months
Recruitment Type:
International Recruitment
Location:
Washington, DC,United States
Required Language(s):
English
Preferred Language(s):
Closing Date:
2/20/2025 (MM/DD/YYYY) at 11:59pm UTC
Description
Do you want to build a career that is truly rewarding? The Multilateral Investment Guarantee Agency (MIGA) 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. We do that through the provision of political risk insurance, credit enhancement and trade finance guarantees to investors and lenders against losses caused by non-commercial risks. For more information, www.miga.org.
The Integrity Group in MIGA (known as "MIGIR") supports MIGA's operations by helping to mitigate certain risks that may occur in projects, as well as corporate activities. One of these is "integrity risk" - corruption, fraud, economic sanctions, litigation, criminal activity/history, politically exposed persons, opaque ownership structures, money laundering and terrorist financing - any of which can affect the integrity of a project, or adversely impact MIGA's reputation as a preeminent international organization operating in the private sector.
Roles & Responsibility
The position will report to the Director and General Counsel.
Lead the integrity team and supervise the provision of advice to business teams on core aspects of IDD and AML/CFT risks as they impact MIGA's clients, partners, transactions, and new products/initiatives.
Supervise the MIGIR team, working to ensure:
- Quality control
- Consistency in advice provided to business teams
- Effective coordination and inclusion amongst team members
- Act as strategic partner to business teams and corporate functions and be a versatile, trouble-shooter on IDD and AML/CFT issues.
Support the General Counsel in assessing and evaluating MIGA's framework for handling IDD and AML/CFT risks and adjust the same as required by business strategies, risk profile, or other factors.
Supervise the provision of advice to business teams on IDD and AML/CFT-related matters in transactions, new products/initiatives, and operations, including on the following subjects:
Adhere to International and national anti-corruption/bribery laws and regulations (e.g., FCPA, UK Bribery Act)
Keep up to date on and ensure the integrity abides by and correctly applies:
- International standards and guidance relating to AML/CFT (e.g., issued by Financial Action Task Force (FATF), the Wolfsberg Group) as well as national AML/CFT laws and regulations.
- Other integrity-related laws/regulations and legal issues that arise in MIGA business, including laws and regulations intersecting with IDD and AML/CFT
- Economic sanctions (such as the UN, EU, UK, and US regimes) and other international trade sanctions and export controls
Support crisis management and provide legal advice related to significant integrity matters, including potential or actual litigation, or involving complex legal issues
Review all current integrity-related provisions in MIGA contracts.
Draft new integrity-related provisions in MIGA contracts, as needed.
Negotiate with clients to build out contractual protections on integrity-related matters
Advise on integrity-related provisions for legal documentation relating to new products/initiatives
Drafting disclosures for Board papers
The Head will serve as MIGA's liaison to the WBG Sanctions System and counterparts at the World Bank, IMF, multilateral development banks (MDBs), international organizations, clients, and other private-sector entities.
In addition, the Head is expected to mentor, conduct performance evaluations and hold career development conversations with team members while promoting a culture of effective teamwork, knowledge sharing and collaboration.
Selection Criteria
Master's degree, or Juris Doctor, LLB, or equivalent law degree; qualification to practice law in at least one jurisdiction is a plus.
At least 12 years of relevant experience providing advice on international business transactions, project finance or funds and including at least 8 years' experience advising on AML/CFT issues and/or integrity-related matters such as anti-corruption laws, economic sanctions, etc.
Experience at an international financial institution/multilateral development bank advising business teams on the above matters
In depth knowledge of AML/CFT laws and regulations, industry best practices and international standards including those issued by FATF and the Wolfsberg Group
Firm knowledge and understanding of international tax law principles, relating to tax evasion, tax transparency, use of intermediate jurisdictions in project structuring, and related party transactions
Fluency with data analytics and reporting
Experience with data sharing and data protection risk management
Experience presenting engaging workshops and trainings to staff and management at all levels
And Tackling All of the Above With:
Advanced technical skills with exceptional judgment
Ability to trouble shoot and demonstrate sound judgment on escalations to management
Prior experience supervising others, giving feedback and motivating teams.
Exceptional writing skills and ability to provide clear, concrete recommendations
Ability to build effective client relationships
Genuine commitment to sharing knowledge and expertise
Ability to produce under pressure
Diplomacy and ability to collaborate with individuals from diverse cultures and backgrounds
Highly personal integrity, strong values, and ethics.
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.