Political Risk Insurance Attorney Consultant, DFC

Job Description

Job Description

Dexis is a professional services firm that solves the most pressing social challenges in complex environments, paving the way for a more secure and prosperous world.

Dexis embraces diversity, equity, and inclusion and strives to build and maintain a safe environment where we celebrate diverse backgrounds, treat everyone with respect, and value the unique lived experiences each person brings based on their race, ethnicity, sexual orientation, gender identity, religion, disability, military or veteran status, national origin, age, marital status or family status and related conditions.

At Dexis, you will experience a corporate culture of inclusiveness, fairness, and trust. You will be given the means and mentorship needed to succeed, and your creativity will be rewarded.

About the Position

Dexis is recruiting for a Political Risk Insurance Attorney Consultant to support to support the International Development Finance Corporation.

The US International Development Finance Corporation (DFC) is America's development finance institution. DFC partners with the private sector to finance solutions to the most critical challenges facing the developing world today.

One of the key products that DFC offers is political risk insurance (PRI), through which DFC can offer coverage of up to $1 billion against losses due to currency inconvertibility, government interference and political violence, including terrorism.

DFC also offers reinsurance to increase underwriting capacity. DFC requires support of a seasoned expert in PRI to support its insurance operations on a consultancy basis.

The Political Risk Insurance (PRI) Attorney Consultant will directly support the Office of General Counsel (OGC). Among other things, OGC is responsible for providing legal counsel on a wide variety of international finance and investment and banking issues associated with DFC's activities and mission.

The contractor will provide support to DFC, through OGC, on PRI-related matters, including supporting at a senior level the structuring and negotiation of PRI coverage for relevant projects, advising on the identification and resolution of policy, statutory and public international law issues that arise in the context of individual transactions.

The PRI Attorney Consultant will also assist with coordination between OGC and DFC's business lines on PRI-related matters.

Work is primarily performed at the U.S. Agency's office in Washington, DC.

This position is contingent upon award.

Responsibilities

• At initial project screening, identifying and raising for Associate / Deputy Associate General Counsel (D / AGCs) structural, legal and / or policy issues that the project may present.
• As projects progress through approvals, supporting Project Attorneys in completing project due diligence (including KYC), providing options for the resolution of open items and / or framing questions for escalation to D / AGCs and Senior Management, as required.
• Reviewing project approval reports and other project-related memoranda for submission to D / AGCs, Senior Management, Underwriting and Investment Committees and / or the Board of Directors, as applicable, in each case for, among other things, compliance with template requirements, clear and concise presentation of material issues, addressing (where applicable) compliance of the relevant project with DFC eligibility and other legal and policy requirements, and related matters.
• Reviewing and commenting on drafts of commitment letters, policies, reinsurance agreements and related project documentation, and raising issues for consideration by D / AGCs.
• As and when needed and under the supervision of a D / AGC, providing senior attorney level subject matter expertise on PRI projects.

This expertise will be used to support DFC's PRI activities to include identifying, addressing and escalating within OGC as needed structural, legal and / or policy issues raised by a project, drafting and reviewing project approval reports and other project-related memoranda, reviewing, drafting and negotiating commitment letters, policies and reinsurance agreements and related project documentation, preparing clearance packages for D / AGC review and assisting with ongoing project monitoring.

• Liaising with the Deputy Vice President for Insurance, the Vice President of Energy and other Senior Management with respect to PRI-related matters as required from time to time.
• Assessing PRI knowledge gaps at DFC and developing and supporting knowledge management and training in PRI to address those gaps, including for Project Attorneys and officers in the business lines.
• Providing training to Project Attorneys on PRI-related origination and monitoring work.

Qualifications

• Must hold or be able to obtain a Public Trust security clearance.
• Must be a graduate of an accredited law school with an LL.B. or J.D. with experience working as an attorney.
• Must have a minimum of 10 years working experience as a licensed and practicing attorney, with transactional international development finance experience in PRI, project and corporate finance, and / or other types of investment transactions.
• Must have familiarity in environmental and social policies, practices and standards and how they apply in cross-border and international contexts;

preference for background in applying these practices to development efforts.

Preference for familiarity with DFC (or its predecessor agency's) policies, procedures and directives and experience managing transactional attorneys.

Dexis is on a mission to help solve today's most pressing global political, social, and economic challenges and create a world where all people are safe and prosperous.

As a Dexis employee, you will be challenged, empowered, and mentored. Our motto is "find a way or make a way" that's how Dexis goes "all in." How will you?

If you are passionate about this opportunity, apply now!

Only those applicants who meet the above criteria will be contacted for interview.

Dexis is an Equal Opportunity Employer, and does not discriminate on the basis of race, color, sex, national origin, religion, pregnancy, disability, age, genetic information, military service, veteran status, ethnicity, citizenship, sexual orientation, gender identity, marital status, childbirth and related medical conditions, including lactation, or any other protected class under applicable law.

As part of a competitive benefits package for eligible employees, Dexis provides healthcare insurance in addition to other staff welfare benefits and perks.

If you are hired for a position that is paid from the Dexis home office, you will be required to submit proof that you have received the COVID-19 vaccine unless you qualify for a legally recognized medical or religious exception to the vaccine requirement.

This does not apply to AL, AZ, FL, KS, MT, NH, ND, or TX residents.