Do you want to build a career that is truly worthwhile? Working at the World Bank provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank consists of two entities – the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). It is a global development cooperative owned by 189 member countries. As the largest development bank in the world, the World Bank provides loans, guarantees, risk management products, and advisory services to middle-income and creditworthy low-income countries, and coordinates responses to regional and global challenges. For more information, please visit http://www.worldbank.org.
The Finance, Competitiveness and Innovation (FCI) Global Practice combines expertise in the financial sector with expertise in private sector development to foster private-sector led growth and help create markets in client countries. FCI’s core lines of business are: (a) Financial Stability & Integrity; (b) Financial Inclusion, Infrastructure & Access; (c) Firm Capabilities & Innovation; (d) Long-Term Finance; (e) Climate & Risk Management; (f) Markets and Technology; and (g) Investment and Competition. For more information, please visit https://www.worldbank.org/en/about/unit/fci
The position is based in Juba with a primary focus on the Ethiopia Country Management Unit countries, and within this particularly on South Sudan. South Sudan’s economic crisis continues, beginning with the political uncertainty and fragile peace, and further compounded by weak economic management. Despite the formation of the Transitional Government of National Unity, major governance, fragility and peacebuilding challenges persist. In addition, COVID-19 and other shocks have exacerbated existing vulnerabilities. The World Bank has been a steady partner for South Sudan over the years and is currently developing a new Country Engagement Note, within which there will be actions around the financial sector and private sector development agenda. This position offers an opportunity to be an integral part of the Bank’s engagement in South Sudan and represent FCI in a key role in this engagement.
Job Duties and Responsibilities:
To assist with its growing work program, FCI seeks to hire an experienced and highly motivated professional to join the team based in Juba. The person will be part of the Ethiopia CMU Team and will be expected to represent FCI in-country.
Amongst other things, the candidate will be expected to:
· Contribute to the policy dialogue on finance, competitiveness and innovation, while actively participating and contributing to multi-sectoral teams engaged in the country program.
· Support the implementation of ongoing FCI activities/projects and support the broader pipeline development in the country and contribute on aspects covered by FCI.
· Contribute to the development and implementation of the Country Engagement Note and the Risk/Resilience Assessment from an FCI perspective.
· Foster collaboration with Global Practices and IFC teams and in coordination participate in the preparation and dissemination of ASAs and engage in other activities.
· Develop effective coordination mechanisms with the Global Practices, IFC and donors.
· Produce technical notes, briefings, presentations, etc. as requested by Management.
· Business Development: cultivate strategic relationships with country clients, the IFC and the CMU, including sourcing specialists and other staff resources necessary to deliver the program in coordination with the FCI leadership.
· Knowledge Management, and Teamwork: promote synergies across product teams, providing support through trouble shooting, anticipating problems and solving them. Facilitate learning across projects, regions and best practices.
· Prepare periodic reports for FCI, CMU and as appropriate highlight potential IFC role in upstream work for joint implementation with FCI.
This job requires a financial sector professional with strong technical and operational skills and good understanding of the financial sector agenda. The following qualifications will be considered:
· A PhD or a master’s degree in Finance, Economics, Management or a related field.
· Minimum of 5 years of relevant experience in the financial sector; over and above this, experience on private sector development will be an added advantage.
· The ideal candidate will have a combination of experience inside and outside the World Bank, and within the Bank have experience of lending projects and ASA/AAA activities.
· The ideal candidate should have strong proven track record, experience and technical expertise in the areas of finance, competitiveness and innovation, and have work experience in one or several of the following areas: financial regulation and supervision, banking reform and bank restructuring, financial infrastructure, financial inclusion, digital financial services, MSME and infrastructure finance, PPP financing. Experience of working in the Africa region financial sector would be an added advantage.
· A sustained record of achieving significant results on the ground with experience in a range of Bank products, including different types of lending projects and technical assistance.
· Familiarity with Bank policies and procedures, especially lending guidelines, will be preferred.
· Should be a mature professional with a demonstrated ability to mentor and incentivize teams, inspire confidence in senior country officials, and work in a culturally diverse environment.
· Strong results focus, with a track record of leading teams to deliver high impact projects and activities. Knowledge and practical experience of Africa region/east African countries would be a positive.
· Proven ability to engage in policy reforms relating to the regulatory and supervisory framework for the financial sector.
· Possess strong internal and external client engagement skills and ability to collaborate and work across boundaries.
The candidate should meet WBG Core Competencies. For information about WBG Core Competencies, please visit: https://bit.ly/2kbIA7O
Note: The selected candidate will be offered a one-year appointment, renewable for an additional one year, at the discretion of the World Bank Group, and subject to a lifetime maximum ET Appointment of two years. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Former and current ET staff who have completed all or any portion of their second-year ET appointment are not eligible for future ET appointments.
|Country:||-- South Sudan|