International Finance Corporation Vacancy for Private Sector Specialist-Washington, DC DC- 180744& Others

Established in 1944, the WBG is one of the world’s largest sources of funding and knowledge for development solutions. In fiscal year 2017, the WBG committed $59 billion in loans, grants, equity investments and guarantees to its members and private businesses, of which $19 billion was concessional finance to its poorest members. It is governed by 188 member countries and delivers services out of 120 offices with nearly 15,000 staff located globally. For more information, please visit www.worldbank.org THE ROLE OF THE GLOBAL PRACTICE FOR MACROECONOMICS, TRADE and INVESTMENT (MTI) IN THE WBGOn January 1, 2018, Economics, Finance and Institutions (EFI) Vice Presidency created the Macroeconomics, Trade and Investment (MTI) Global Practice. MTI is a joint IBRD and IFC team, comprised of some 450 staff, with almost half of MTI professional staff decentralized to the field working closely with the Country Management Units (CMUs) and in proximity to the clients. MTI houses the Bank’s country economists together with trade economists and specialists, debt and macro modeling experts, competition, business environment and investment policy experts who work together to support countries in their search for private sector led, inclusive growth. MTI offers integrated solutions to macroeconomic and private-sector focused structural reform programs. In doing so, MTI staff often serve integrative functions working closely with other GPs. MTI staff work across a wide array of Bank instruments ranging from Development Policy Operations to IFC-funded advisory projects, combining the strength of Bank analysis and lending with longstanding IFC expertise in providing implementation support at the country level. MTI staff often lead or participate in the preparation of Strategic Country Diagnostics for both the public and private sectors, as well as other analytic tools such as Country Economic Memorandum and Country Private Sector Diagnostics. Knowledge and learning is a central part of MTI’s work focused on 9 thematic areas: (a) macroeconomics; (b) fiscal policy; (c) growth; (d) economic management in resource rich environments; (e) macroeconomic modelling & statistics; (f) trade and regional integration; (g) competition policy; (h) investment policy and promotion; and (i) business regulation. The World Bank Group is committed to achieving diversity in terms of race, gender, nationality, culture, and educational background. Individuals with disabilities are equally encouraged to apply.

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 3 year term appointment.
DUTIES AND ACCOUNTABILITIES:
The Business Regulation Unit is seeking a highly motivated Private Sector Specialist/Economist with conceptual and analytical skills, good knowledge and understanding of business regulation and investment climate issues, and very strong writing skills. Knowledge and experience with World Bank Group operations would be highly desirable. The PSD Specialist will be a key member of the IBR team and will report to the Global Business Regulation Practice Manager. The IBR team supports client governments in the design and implementation of programmatic regulatory reform programs to improve the business environment leveraging key investment climate datasets and analytical work such as the World Bank Group’s Doing Business project. The programs are implemented through the full range of WBG instruments, combining WBG lending instruments with advisory services where warranted. Duties will include, but will not be limited to, the following:

Support and over time lead specific country programs as assigned; including ensuring timely and high quality deliverables such as reform memoranda, action plans, and policy notes.

Conduct analyses of the investment climate and main obstacles to private sector development in client countries based on a range of WBG data sets and analytical work; translate findings of analytical work into clear policy messages and present them to government and other relevant stakeholders.

Contribute to policy discussions on obstacles to competitiveness and private sector development and reform recommendations with client governments and private sector representatives.

Develop knowledge material and advise client governments on how to effectively organize and manage for cross-sectoral reform programs; support client governments in establishing effective organizational frameworks for reform coordination, including private sector engagement.

Support clients with reform implementation in collaboration with relevant WBG teams; ensure effective implementation through a range of WBG instruments; ensure that the engagement is well coordinated with the overall World Bank Group’s Equitable Growth, Finance and Institutions (EFI) policy dialogue on private sector, finance and trade.

Contribute to key WBG diagnostic tools such as the Country Economic Memorandum (CEM), Systematic Country Diagnostics (SCDs), Country Partnership Framework (CPF), and Country Private Sector Diagnostic (CPSD) on investment climate and competitiveness issues.

Organize dialogue forums, workshops, and capacity building activities.

Contribute to the knowledge management agenda of the Business regulation unit, including operational policy notes, presentational material, and peer-to-peer learning events.

Supervise and mentor consultants and junior members of the IBR team

Support the Global IBR product lead as needed such as in project supervision and quality control; donor reporting and management.

SELECTION CRITERIA:
Required Competencies

General Economic Knowledge and Analytical Skills – Possesses a demonstrated track record of working with economic and sectoral data and analytical tools and models to conduct economic analyses and produce user-friendly written outputs; understands underlying statistical concepts.

Knowledge and Experience in Development Arena – Understands policy making process; distills operationally relevant recommendations/lessons for clients.

Policy Dialogue Skills – Identifies and assesses policy issues and plays an active role in the dialogue with the government and/or other stakeholders.

Integrative Skills – Working to develop an integrated view across all facets of current sector.

Macroeconomic Skills and Country Economics Experience – Demonstrates basic macroeconomic modeling skills and knowledge; understands how different accounts in an economy fit together and links among real, monetary, trade, debt and balance of payments accounts.

Written and Verbal Communication – Delivers information effectively in support of team or workgroup.

Lead and Innovate – Develops innovative solutions with others.

Deliver Results for Clients – Proactively addresses clients’ stated and unstated needs.

Collaborate Within Teams and Across Boundaries – Collaborates across boundaries, gives own perspective and willingly receives diverse perspectives.

Create, Apply and Share Knowledge – Applies knowledge across WBG to strengthen solutions for internal and/or external clients.

Make Smart Decisions – Interprets a wide range of information and pushes to move forward.Other Selection Criteria

Master’s degree in Economics and a minimum of 5 years of relevant experience (Ph.D. is an asset), including in including private or public sectors, multilateral organizations and non-governmental organizations

Knowledge or experience in investment climate and business regulation reform, strong analytical and operational base in the investment climate/private sector development area, combining a broad grasp of relevant theory and principles with operational experience.

Strong technical skills on microeconomics and business regulation and a proven track record in delivering high quality and technically sophisticated analytical work.

Ability to translate theory into practical applications in context of World Bank Group work.

Experience working directly with client and/or donor governments.

Knowledge of investment climate indicators and methodology including Doing Business is of advantage.

Demonstrated ability to formulate reform policy recommendations and effectively communicate results.

Proficiency on all standard operational software packages (including Excel and PowerPoint).

Knowledge of statistical programs an advantage.

Strong written and verbal communications skills in English are mandatory, including the ability to speak persuasively and to present ideas clearly and concisely with senior authorities and other development partners. Knowledge of other languages such as Spanish, French, Arabic and Portuguese is an advantage;

Flexibility and teamwork are essential aspects of the job.

A proven sense of initiative, results orientation, team work and leadership qualities, and ability to work effectively across sectors/Global Practices.

Familiarity with World Bank databases is highly desirable.

APPLY ONLINE

CLOSING DATE: 07/10/2018