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 helps lay the financial foundation for economic prosperity: access to capital for private-sector led growth, financial inclusion for all, and innovative finance of the Sustainable Development Goals. GMD supports frontier and emerging-market countries on their journey to economic prosperity through research-based convenings and policy advisory work, training programs in capital market development, and a range of innovative financing initiatives.
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 training its sixth cohort of scholars, reaching 120+ financial professionals across more than 40 countries – it is building the next generation of capital market leaders in the youngest and fastest growing parts of the world.
The CMP has also fostered the creation of new related programs, including the World Bank – Milken Institute Public Financial Asset Management Program (PFAM, which will be run out of London starting in Fall 2021) and the online Milken Institute Master Class Series (launching later in Spring 2021). CMP alumni are moreover actively involved in GMD’s policy advisory partnerships to deepen and strengthen capital markets in individual countries.
GMD is seeking an Associate Director who will play a central role in expanding GMD’s financial education projects and in strengthening the connections between alumni priorities and GMD’s policy advisory work. Reporting to GMD’s Director, the Associate Director will be responsible for:
- Managing the successful growth and continuity of the CMP, including by strategically engaging with all key CMP stakeholders – from applicants, scholars and alumni to the IFC and GW, as well as with outside partners and program supporters;
- Heading the daily administration of the CMP, including but not limited to applicant selection and onboarding, curriculum development, running a weekly speaker series and other events, and coordinating the internship program;
- Managing the CMP alumni network across 40+ countries, including regularly gathering feedback from alumni, planning flagship alumni events, and developing a strategy for connecting alumni to GMD’s policy advisory pipeline;
- Building connections with a broad range of potential donors (foundations, development partners, etc.) who could support GMD financial education efforts as well as country-specific policy advisory projects with CMP alumni;
- Providing inputs to the financial accounts and impact measures of the CMP, and managing other administrative issues associated with the program including participant logistics, big and small;
- Spearheading the launch of the PFAM Program out of London and the strategic rollout of the Milken Institute Master Class Series, with guidance from the GMD Director;
- Developing his/ her own course(s) in the Milken Institute Master Class Series; and
- Generally advancing the success and global impact of all GMD educational programs.
The successful candidate may also occasionally provide support to GMD’s Executive Director, including by collecting and analyzing data and supporting evidence-based research on emerging capital markets.
This is an amazing opportunity for an entrepreneurial candidate with demonstrated experience managing complex projects across multiple institutions and countries, extensive knowhow in working with officials from across developing and emerging markets, and a robust understanding of the US and international financial industry. The position will require outstanding inter-personal, diplomatic and human resources skills, strong work ethic, and the gravitas to administer and run several of the Institute’s most impactful and visible programs. The Associate Director 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.
Interpersonal & managerial skills
- Superior project management and leadership skills, with ability to manage multiple projects and deadlines in coordination with multiple institutions
- Personal attitude that includes being outgoing, entrepreneurial, action-oriented, flexible, with a willingness to adapt to changing situations
- Outstanding interpersonal, human resources, and client relationship skills
- Excellent communication and diplomatic skills, including the ability to represent the institution on an international stage in dialogue with senior-level public- and private-sector partners
- At least four years of work experience in international financial markets/banking, economics/economic development, or investment/financial policy and regulation
- Demonstrated experience launching and leading complex new projects
- Deep understanding of developing markets, including experience working overseas or with a wide range of cultures; experience working with policy officials in developing and emerging markets is a plus
- Experience in international education / alumni affairs is a plus
- Experience with fundraising/ business development and event planning is a plus
Academic qualifications & technical skills
- Advanced degree in finance and/or economics, with a technical 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 for senior-level audiences
- High level of computer proficiency is assumed – including Microsoft Office, Adobe, WordPress, and other web-based communications tools.
Note: Temporarily, due to COVID-19 this position is currently working remotely and any applicant should plan to return to the office in the future.
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, resume and writing sample – all application materials should be attached as PDF files. Any application that does not include a cover letter, resume and writing sample saved as PDFs will be rejected.