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The World Bank Looking For Legal Counsel Who Completed JD

Posted on: 31 Jul 2020 133 views
: Counsel
: The World Bank
: https://www.worldbank.org/en/about/
: Washington, DC, United States
: JD
: 5

Description

Do you want to build a career that is truly worthwhile? 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 and credit enhancement to investors and lenders against losses caused by noncommercial risks. For the fiscal year that ended on Jun 2018, MIGA issued $5.55 billion in guarantees and had a gross outstanding portfolio of $23.3 billion.  For more information, visit www.miga.org.
The Multilateral Investment Guarantee Agency (MIGA or the Agency) is seeking a Counsel for its Legal Affairs and Claims Group.

Innovation and partnership bond the five institutions of the World Bank Group (WBG): the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), which together form the World Bank; the International Finance Corporation (IFC); the Multilateral Investment Guarantee Agency (MIGA); and the International Centre for Settlement of Investment Disputes (ICSID). The World Bank Group is one of the world's largest sources of funding and knowledge for developing countries. It uses financial resources and extensive experience to help our client countries to reduce poverty, increase economic growth, and improve quality of life. To ensure that countries can access the best global expertise and help generate cutting-edge knowledge, the World Bank Group is constantly seeking to improve the way it works. Key priorities include delivering measurable results, promoting openness and transparency in development, and improving access to development information and data.
In the context of the World Bank’s broad development agenda, MIGA is committed to promoting foreign direct investment in its member countries by issuing guarantees against non-commercial risks (political risk insurance contracts) to investors and lenders, covering expropriation, breach of contract, currency transfer restrictions, war and civil disturbance, and non-honoring of financial obligations of sovereigns, sub sovereigns and state-owned enterprises.  Please visit www.miga.org for additional information regarding MIGA.
The Legal Affairs and Claims Group in MIGA (known as “MIGLC”) serves as the legal counsel for MIGA, and provides legal advice relating to the governance, operations, and other activities of the Agency. Among its principal responsibilities, MIGLC advises MIGA’s Council of Governors, Board of Directors and senior management, negotiates and drafts contracts of guarantee, manages all claims proceedings, facilitates discussions between investors and governments related to disputes and potential claims, oversees outside counsel, supports MIGA’s internal departments in risk and policy analysis, finance and risk management and external outreach, and promotes innovation and knowledge sharing in support of MIGA’s mission. MIGLC currently consists of eight attorneys, one legal analyst and three administrative staff, under the Director and General Counsel.



Roles & Responsibility:
The Counsel will report to a Chief Counsel.
The Counsel’s duties and responsibilities will include: 
• Advising the contract management officers in the operations department with respect to drafting amendments, waivers and consents in relation to existing contracts of guarantee;
• Providing legal advice regarding guarantee operations, including transaction structures and eligibility under MIGA’s governing documents and other policies; 
• As part of a project team, assisting in the preparation of waivers, consents, amendments, approval documents, negotiating and drafting contracts of guarantee, non-disclosure agreements and other documents, conducting legal due diligence on matters concerning MIGA’s rights as insurer and subrogee;
• Researching and drafting memoranda on issues of national and international law and conducting legal due diligence related to host countries;
• Assisting in the process of obtaining and/or modifying required host country approval of guarantees;
• Assisting with reviews and management of disputes between investors and host countries that may constitute or have developed into claims;
• Researching and drafting memoranda in connection with institutional, policy and administrative issues, including privileges and immunities, environmental and social standards, membership matters, WBG establishment agreements, sanctions and integrity procedures, information technology, intellectual property, personnel matters, and governance questions; and
• Carrying out any other duties assigned by the General Counsel or a Chief Counsel.

Selection Criteria

• Juris Doctor, LLB, or equivalent law degree; qualification to practice law in at least one jurisdiction.  LLM degree is a plus.
• At least five (5) years of relevant legal experience in institutional and policy matters since earning law degree, preferably in an international financial institution or multilateral development organization 
• Strong analytical skills. Ability to assess legal issues in an objective, practical and responsible manner and provide well-reasoned, independent and transparent advice.
• Demonstrate a history of having been able to (a) respond to multiple competing demands from internal and external clients under time pressure and (b) meet changing business needs.  
• Excellent interpersonal skills, sound judgment and high ethical standards. 
• Ability to communicate with tact and diplomacy within the WBG and with government officials.
• Strong organizational, research, and oral presentation skills.
• Excellent oral and written communication skills in English.
• Additional language skills desirable (Arabic, Chinese, French, Portuguese, Russian, Spanish).
• Understanding of the WBG mission and development agenda. 
• Willingness to travel. 
• References and a writing sample may be required as part of the selection process. 

WBG COMPETENCIES:
Deliver Results for Clients
Effective WBG staff set high standards and challenging goals, and measure impact. They address the needs and challenges of internal and external clients, while also keeping the goal of reducing poverty and increasing prosperity as the ultimate objective. They hold themselves accountable and take personal ownership for identifying and managing risks and delivering evidence-based results that are financially, environmentally and socially sustainable and have development impact. Proactively addresses clients’ stated and unstated needs. Adds value by constantly looking for a better way to get more impactful results; sets challenging stretch goals for oneself. Immerses oneself in client experiences and perspective by asking probing questions to understand unmet needs. Demonstrates accountability for achieving results that have a development impact and financial, environmental, and social sustainability. Identifies and proposes solutions to mitigate and manage risks.

Collaborate Within Teams and Across Boundaries
Effective WBG staff collaborate and work with others across and outside of the World Bank Group in order to achieve the best results for clients. They cultivate and leverage their professional networks to this end. They are inclusive in gathering options and information, and align their behavior and priorities with the needs and goals of WBG. They maintain a WBG corporate mindset above an individual or team perspective and are proactive in mitigating and managing conflicts. Collaborates across boundaries, gives own perspective, and willingly receives diverse perspectives. Appropriately involves others in decision making and communicates with key stakeholders. Approaches conflicts as common problems to be solved. Actively seeks and considers diverse ideas and approaches. Integrates WBG perspective into work.



Lead and Innovate
Effective WBG staff demonstrates personal leadership and commitment to the WBG’s values and mission. They take initiative, and are persistent in their drive for results. They seek opportunities to improve and find innovative solutions, where appropriate, to problems. They inspire and encourage others to have a positive attitude and impact, are able to adapt to changing circumstances, and are willing to be bold to increase the WBG’s effectiveness. Develops innovative solutions. Contributes new insights to understand situations and develops solutions to resolve complex problems. Adapts as circumstances require and manages impact of own behavior on others in context of WBG's values and mission. Identifies and pursues innovative approaches to resolve issues.

Create, Apply and Share Knowledge
Effective WBG staff rapidly and readily share their expertise; create and contribute to the WBG’s body of knowledge; and efficiently reflect and draw on lessons of past experience from colleagues, clients, partners and external sources to drive the WBG to achieve its goals. They expand their professional networks in their areas of expertise by forging linkages with others. They energize others to create, apply and share knowledge. They also seek opportunities to grow personal and institutional knowledge and invest in the growth of others through mentoring, as well as developing themselves through feedback and continuous learning. Applies knowledge across WBG to strengthen WBG client solutions Leverages department's expertise and body of knowledge across WBG to strengthen internal and/or external client solutions. Seeks to learn from more experienced staff to deepen or strengthen their professional knowledge and helps others to learn. Builds personal and professional networks inside and outside the department unit.

Makes Smart Decisions
Effective WBG staff balance the need for making empirically based sound decisions with a sense of urgency by making quick, timely, and relevant decisions. They display the inner confidence to take risks and make timely and effective decisions and show confidence in own judgment and actions. They are good problem solvers, collect evidence and research to support their actions, and are willing to make decisions and take smart risks that advance the goals of WBG. They ensure decisions are pushed to the right level and take ownership for being the decision-maker. Senior leaders drive alignment, and ensure information is shared to make realistic, sound decisions and recommendations. Trust and support is given to decision makers, regardless of level, with the assumption that the right decisions will be made. Interprets a wide range of information and pushes to move forward. Seeks diversity of information and inputs, researches possible solutions, and generates recommended options. Identifies and understands risks and proposes recommendations. Based on risk analysis makes decisions in a timely manner within own area of responsibility, considering the interests and concerns of stakeholders.

MIGLC COMPETENCIES FOR COUNSEL (GF LEVEL):

Legal and Policy Framework
Knowledge of legal framework, policies, procedures, and rules to ensure consistency and efficiency of actions taken on behalf of one's clients. Demonstrates strong knowledge of MIGA’s legal framework, policies, and procedures and applies them correctly and consistently under minimal supervision. Identifies where policies are not being applied, or not being applied as intended, and informs the appropriate parties.

Legal Research and Analysis
Conducts research. Understands a problem or situation by breaking it down into its component parts and aims to provide sound, practical, and where/when necessary, creative solutions. Analyzes all transactional and claim issues in light of MIGA’s policies, operational documents, practices, business needs, and developmental goals. Works independently with minimal supervision. Performs high quality, objective, and thorough legal research and analysis with respect to transactional, policy, or institutional issues, under supervision. Articulates the implications of situations in a step-by-step way.
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