ABOUT THE MILKEN INSTITUTE
The Milken Institute is a globally engaged, publicly supported, non-partisan, nonprofit think tank with offices in Santa Monica, California, Washington, D.C., London, and Singapore. Its mission is to improve lives around the world by advancing innovative economic and policy solutions that create jobs, widen access to capital and enhance health.
Based in Washington D.C., the Institute’s Global Market Development (GMD) practice works with developing and emerging economies to help build and strengthen domestic financial markets and advance sustainable private-sector led growth. GMD does so by providing tailored policy advisory; by facilitating an informed and coordinated policymaking process across government institutions, private-sector stakeholders and civil society; and by training upcoming leaders in Central Banks, finance ministries, securities regulators, and other critical financial-markets policy institutions through our IFC-Milken Institute Capital Markets Program (CMP).
ABOUT THE IFC-MILKEN INSTITUTE CAPITAL MARKETS PROGRAM
In many countries, insufficient skills in regulation, legislation, market intermediation and policy planning remain a central obstacle to successful capital-market development and to the creation of stable business and employment opportunities. The Milken Institute, in partnership with the International Finance Corporation (IFC) and the George Washington University (GW) created the IFC-Milken Institute Capital Markets Program (CMP) to address this human capital challenge. The CMP brings mid-career financial policymakers to the U.S. for one semester of business school classes, followed by four months of work placements across the U.S. financial industry, and lifelong membership of an active alumni network.
This year the CMP is reaching 80+ financial professionals across more than 40 countries. In 2020 we are doubling the CMP, with one class starting classes in January 2020 in addition to the CMP’s usual August intake. This will require doubling our operational firepower and significantly strengthening our pipeline of applicants, internship providers and supporters. It is also an opportunity to identify creative ways for concurrent cohorts to meaningfully interact with one another as well as with CMP alumni.
ABOUT THE POSITION
The Milken Institute is seeking a Senior Associate who will help administer the CMP on a daily basis and help advance the program’s success and global impact, particularly as we move to two cohorts per year in Washington DC. This is an amazing opportunity for an entrepreneurial candidate with interest for working on financial sector development with developing countries, appetite for gaining experience in program management and fundraising, outstanding inter-personal and human resources skills, strong work ethic, and the energy and enthusiasm to administer one of the Institute’s most impactful and visible programs.
Reporting to GMD’s Director, the Senior Associate will be responsible for:
- Organizing and participating in CMP applicant selection and onboarding in coordination with IFC and GW, including reviewing applications, scheduling and reporting on interviews, planning for a technical “bootcamp” before classes start, etc.
- Liaising with all CMP participants once they are in Washington DC, including identifying concerns, gathering feedback and troubleshooting participant logistics, big and small
- Surveying participant career interests and matching them with potential internship spots across the US financial industry
- Serving as main point of contact and organizer for a weekly speaker series and other substantive workshops and events in Washington DC
- Supporting CMP alumni, including by maintaining the electronic alumni portal, regularly gathering feedback from alumni, and helping plan and deliver on flagship alumni events
- Contributing to communication with all key CMP stakeholders, from regular communications with applicants, students and alumni to drafting CMP newsletters and participating in operational and technical discussions with IFC and GW as well as program supporters
- Conducting landscape analysis and market research to identify new internship and sponsorship prospects for the CMP
- Providing support to any other administrative and strategic issues associated with the program
- As the need arises, providing support on any or all of the above items for the CMP’s new sister program, the World Bank – Milken Institute Public Financial Asset Management Program (PFAM), which we are launching out of Singapore starting in May 2020.
The successful candidate may also occasionally provide support to GMD’s advisory practice and its Executive Director, including by collecting and analyzing data and supporting evidence-based research on emerging capital markets.
An entrepreneurial Senior Associate has the potential to play an important part in dramatically improving the policy environment for investment and private-sector led growth across developing and emerging economies. This role also presents an opportunity to build an extraordinary portfolio of relationships with foreign institutional investors and governments, as well as global financial institutions, corporate leaders, and members of the philanthropic community.
Interpersonal & managerial skills
- Superior organizational skills, with the ability to prioritize tasks and to deliver on multiple projects and deadlines in coordination with multiple institutions
- Outstanding interpersonal, human resources, and client relationship skills;
- Personal attitude that includes being outgoing, entrepreneurial, action-oriented, flexible, with a willingness to adapt to changing situations
- At least two years of work experience in international financial markets/banking, economics/economic development, or investment/financial policy and regulation
- Understanding of developing countries and exposure to a wide range of cultures; experience working with or in developing countries is a plus
- Experience in international education/alumni affairs is a plus
- Experience with fund-raising and event planning is a plus
Academic qualifications & technical skills
- Advanced degree in finance and/or economics, with a sound understanding of financial markets, corporate finance and/or economic development
- Exceptional written and communication skills, including the ability to synthesize and communicate complex topics in a clear manner
- High level of computer proficiency is assumed – including Microsoft Office, Adobe, WordPress, and other web-based communications tools.
Note: We are interested in every qualified candidate who is eligible to work in the United States. However, we are not able to sponsor visas at this time. Being authorized to work in the U.S. is a precondition of employment.
The statements herein are intended to describe the general nature and level of work being performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified. Furthermore, they do not establish a contract for employment and are subject to change at the discretion of the employer.
Please submit a cover letter and resume - all applications materials should be attached as PDF files. Any application that does not include both a cover letter and a resume saved as PDFs will be rejected. Applicants will be assessed on a rolling basis.