The WBG consists of five specialized institutions: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for the Settlement of Investment Disputes (ICSID).
The global development community is at an auspicious turning point in history. Thanks to the success of the past few decades and favorable economic growth, developing countries now have an unprecedented opportunity to end extreme poverty within a generation. This is the vision of the WBG: to eradicate extreme poverty by reducing the number of people living on less than $1.90 a day to 3 percent by 2030, and promote shared prosperity by fostering the income growth of the bottom 40 percent in every country.
To achieve this vision, the WBG Board of Governors approved a strategy for the organization in 2013. This strategy leverages, for the first time, the combined strength of the WBG institutions and their unique ability to partner with the public and private sectors to deliver customized development solutions backed by finance, world class knowledge and convening services. The strategy has three components: (1) maximizing development impact by engaging country clients in identifying and tackling the most difficult development challenges; (2) promoting scaled-up partnerships that are strategically aligned with the goals; and (3) crowding in public and private resources, expertise and ideas.
The architecture underpinning the strategy and instrumental to its success is an operating model introduced in July 2014 based on fourteen Global Practices (GPs) five Cross-Cutting Solution Areas (CCSAs). Since July 1, 2015 these 14 GPs are organized under 3 Practice Group Vice Presidencies: Sustainable Development; Equitable Growth, Finance and Institutions; and Human Development.
GLOBAL PRACTICE FOR MACROECONOMICS, TRADE and INVESTMENT
As of January 1, 2018, EFI will create the Macroeconomics, Trade and Investment (MTI) Global Practice, bringing together Macroeconomics and Fiscal Management GP (MFM) and a part of current Trade and Competitiveness GP (T&C). The new MTI GP will comprise the current MFM staff together with T&C’s trade economists as well as T&C’s competition, investment and investment climate teams, including a unit of IFC advisory staff specialized in investment climate, business regulations, and “Doing Business reforms”. The Practice will comprise about 420 staff working across more than 120 countries.
In this new Practice, the MTI country economists currently in MFM would work together with trade specialists, the investment/competition/regulatory policy experts and investment climate, business regulations, and “Doing Business reforms” advisory colleagues, in supporting an overarchaing marcoeconomic dialogue, and linking this macro dialogue with private-sector focused structural reform programs. The MTI practice will coordinate the investment policy dialogue with the overall private sector dialogue supported by the Finance & Competitiveness Practice. MTI will also support IFC’s strategy through delivery of advisory services on investment/competition/regulatory policy, within the private sector dialogue of F&C.
MTI would work very closely with the Finance and Competitiveness GP (F&C) on systematic country diagnostics, country strategies, policy lending, and private sector diagnostics and other country-level and global diagnostic products the IFC or Bank may initiate. This will help bring together an “economy-wide” approach to address constraints to development with firm-level, sectoral-level and financial sector perspectives. Both GPs would work closely with IFC’s regional economists/strategists, and F&C would continue to closely coordinate with IFC’s FIG (and MAS), as well as SDN and other parts of the Bank.
MTI will have three Practice Directors and will include a new Trade & Investment Department headed by a Director responsible for trade, as well as investment, competition, and regulation. MTI’s new Trade and Investment Department would house about 100 staff. The Department will house global units responsible for analytic work and quality assurance for the Bank Group’s work on trade, as well as investment, competition, regulatory reform and Doing Business. The new global units would be key players in offering cutting edge thinking on trade and investment policies, thus offering the analytic underpinnings of private-sector focused structural reforms and implementation programs. The department will comprise an IFC advisory unit focused on investment climate that will be able to draw on this thinking, and deliver solutions for clients building on its strong track record in delivering solutions on the investment climate and doing business reforms.
The Macroeconomics, Trade and Investment Global Practice is seeking a Director to lead its Trade and Investment Department overseeing the delivery of client solutions for the Practice across all Regions. Together with the senior director, and the other two directors, s/he will lay out the strategic direction(s) for the Practice and implement it. This will include shaping and overseeing the Department’s global and IFC advisory units providing oversight over operations and analytic and advisory products in the areas of trade, regional integration, investment, competition, regulatory reform and business regulations, and “Doing Business reforms”across the Global Practices and the IFC; representing the Practice in global fora; contributing to intellectual leadership in key areas of relevance to the Practice, such as the economics of trade, regional integration, and its implications for poverty and shared prosperity; and mentoring and coaching the Practice Managers reporting to the Director. The director would also have a dotted line from the research department’s (DEC) trade and integration unit ensuring close integration of the Bank’s operational work and research on trade.
Note: If the selected candidate is a current Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be offered a 4 year term appointment.
The Global Practice Director will report to the Senior Director for the MTI GP. S/he will have a dotted reporting line from the manager of the research department’s trade and integration unit.
The Global Practice Director is responsible for the following areas:
Solutions and Results to Clients:
In collaboration with the Directors of other Global Practices and Cross-Cutting Solution Areas, and Regions:
• Assists the Global Practice Senior Director to lead the Global Practice management team in setting the Practice’s key strategic priorities to guide institution-wide work and, in collaboration with Country Directors, in establishing global and country goals to ensure alignment with the WBG Strategy and Country Partnership Framework.
• Draws on thought leadership and implementation know-how within the Practice, across Practices and with the IFC, to ensure high impact evidence-based solutions.
• Assists the Practice management team to build and maintain a balanced portfolio of innovative, cost-effective and demand-driven products and services.
• Oversees the quality of the economic analysis, IFC advisory delivery, and other ASA products delivered by the department, working through the Practice Managers.
• Implements quality control processes inputs to support the delivery of products and services.
• Ensures availability and maintenance of portfolio, pipeline, staff and budget information as well as portfolio and practice quality and performance metrics to inform the Practice and WBG management.
• Represents the Practice on corporate strategic issues to ensure that operational policies, practices and procedures align with quality service delivery to clients.
• Leads on high-priority special initiatives projects as designated by the Senior Director.
• Engages with DEC in defining a trade and integration research program that supports Bank thought leadership and operations on trade.
People Talent Management:
• Models exemplary WBG leadership values and managerial behaviors and reinforces these qualities in the management team and staff.
• Along with and on behalf of the Senior Director, contributes to and implements and monitors compliance with talent management, diversity and inclusion plans.
• Assists the Senior Director to drive and inspire technical excellence within the Practice by creating an environment of learning and innovation that attracts and develops the best talent reflective of the diversity of our clients.
• Oversees and supports Global Practice management in developing and implementing appropriate strategies for global staffing, deployment, staff learning and development and career progression and talent and performance management.
• Engages with Managers in the Practice and other GP directors to develop a knowledge and learning strategy and approach for the Practice that integrates cross-cutting solution area considerations and multi-sectoral links.
• Ensures timely flow, capture, codification and dissemination of knowledge and expertise so that clients receive the highest quality support and knowledge they need, when and where they need it.
• Supports the coordination of innovative and cross-cutting research, as well as the dissemination of technical and experiential knowledge and learning.
• Instills a culture of evidence-based, yet client tailored engagement for highest development impact.
• Ensures that new and cutting edge knowledge in the Practice and across is reflected in on-going staff learning and development so Practice staff can bring the knowledge to bear on solutions for clients.
• Supports the intellectual leadership role of the Practice by supporting initiatives to produce and disseminate global products.
• Manages the Practice’s budget (internal and external funds) to support the implementation of the Practice’s strategy.
• Ensures Practice Management accountability for delivering the agreed upon work program through cost-effective use of resources (human and budget) within the agreed parameters and in compliance with internal WBG fiduciary and safeguard controls and policies, and ensures timely delivery and overall quality of the Practice’s outputs.
• Ensures implementation of an appropriate risk management framework to meet the Practice’s objectives.
• Recognized expert within WBG or among one or more of the following: academia, partners, private sector actors, and policymakers–and with track record of applying practice know-how and effective policy dialogue to achieve development results.
• Demonstrated thought leadership on trade and investment through original economic research and publication, recognized by academic and policy community.
• Deep technical knowledge and experience ion trade and Investment policy, as well as a strong understanding of the linkages between macroeconomic policy and investment, productivity and growth.
• Demonstrated experience working across practices (including with the IFC) and disciplinary boundaries, and with multiple stakeholders both public and private in building collaborative alliances for results. Practical experience in working with IFC advisory products is an advantage.
• Strong written and oral communication skills with proven experience in dealing with the policy makers, media, external constituencies and expert groups.
• Masters or PhD degree in economics or related discipline, and typically the successful candidate will have 12-15 years of experience in positions of increasing complexity and responsibility.
WBG LEADERSHIP VALUES AND BEHAVIORS:
Leadership of Self: Role model the change and values for WBG; Demonstrate courage of convictions, ownership and self-mastery within the organization in accordance to our values.
People Leadership: Lead and inspire staff to perform and deliver for better results; Help others achieve their fullest potential through coaching and mentorship.
Collaborative Leadership: Be mutually accountable for entire WBG’s corporate targets and success; Work across WBG and with clients and partners to achieve better results.
Client Solutions Leadership: Be the leading provider of development solutions for country clients; Provide leadership in both knowledge generation and knowledge sharing.
Decisive Leadership: Take informed risks and make decisions in a transparent manner resulting in transformative impact for clients; Commit to decisions once they have been made.
WBG 5 Managerial Competencies: Courage of your convictions; Leading Teams for impact; Influencing across boundaries; Fostering openness to new ideas; and Building talent for the future.
WBG Core Competencies for all staff: Client orientation; Drive for results; Teamwork of collaboration and inclusion; Knowledge, learning and communication; and Business judgment and analytical decision-making
The World Bank Group is committed to achieving diversity in terms of gender, nationality, culture and educational background. Individuals with disabilities are equally encouraged to apply. All applications will be treated in the strictest confidentiality.