Private Sector Specialist - Private Sector Development

  • Added Date: Monday, 19 September 2022
  • Deadline Date: Monday, 03 October 2022
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ย Description

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 โ€“ 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. Visitย www.worldbank.org.
Regional Context
We in MNA Region are implementing an ambitious enlarged strategy towards that end by a focus on four pillars โ€“ โ€œthe 4 Rโ€™sโ€ โ€“ Renewing the social contract; Regional cooperation; Resilience to migration shocks; and Reconstruction and recovery. We are helping countries develop new models for sustainable and inclusive growth in a dynamic and increasingly knowledge-based global economy. The World Bank expanded the focus of the MENA regional strategy to include improving human capital outcomes, enhancing digital technologies, and opening-up business environments for the private sector to compete in free and fair market.ย https://www.worldbank.org/en/region/mena/
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 build markets in client countries. FCIโ€™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.ย https://www.worldbank.org/en/about/unit/fci
The FCI MENA West unit wishes to hire an experienced and highly motivated Private Sector Specialist for its Yemen engagement. The successful candidate will be based in Amman, Jordan. The location may change to Yemen during the duration of the assignment, depending on the evolution of the situation on the ground.ย 
Duties and Responsibilities

Conduct policy dialogue with counterparts on issues relating to private sector development in fragile and conflict settings, with a focus on private sector support, entrepreneurship, SME support for innovation and technology adoption, SME access to finance, value chains development, and business environment.ย Provide high-quality, fact-based policy advice to counterparts. Contribute to the policy dialogue on financial sector issues that affect the private sector such as Central Bank schism, guarantee fund, microfinance development.Manage the day-to-day relationship with FCI key counterparts such as SFD, SMED, SMEPS, Yemen Private Sector Cluster, Yemen Loan Guarantee Fund. Actively supervise the FCI components of the operations managed by other Global Practices and provide quality inputs to them.Support the FCI team in developing a strategic program for private sector recovery and development in Yemen, actively working with the Country Management Unit, the IFC, and other development partners. Coordinate technical discussions with counterparts to determine the appropriate response to their request.Coordinate the preparation of high-quality analytical work related to private sector development, and financial sector development.Coordinate FCI inputs to analytical pieces led by the Country Management Unit and the macroeconomic team on recovery and reconstruction.Represent the unit in client meetings and consultations and interact with government counterparts, the private sector, civil society and other donors.Interact with colleagues within and external to the unit, to ensure the integration of relevant financial and private sector issues in country policy dialogue, country strategies, and work programs.

Selection Criteria

Masterโ€™s degree in Economics, Business, Public Policy, Finance, or similar; with a minimum of 5 years of substantive and sustained work experience in business, management, economics, finance, or related field.Experience in the following topics are highly desirable: entrepreneurship, SME access to finance, SME innovation, trade facilitation, business environment and investment climate, investment policy and promotion, regulatory governance, competitive industries and sectors, and competition policy.Experience working in fragile and conflict settings, and good knowledge of private and financial sector issues in those settings. Experience in working on Yemen would be a plus.Strong expertise in financial and private sector development, with the ability to conceptualize and deliver high-quality lending, technical and analytical work.Proven ability to develop and cultivate relationships with clients and other partners.Capacity to contribute to the dialogue with senior counterparts and influence policy discussions at the country level and the sub-region on private sector development issues.Excellent writing and presentation skills in English and Arabic.Able to work flexibly on a range of assignments, adjusting to changing needs, and prioritizing among evolving tasks.

World Bank Group Core Competencies

The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

Learn more about working at theย World Bankย andย IFC, including our values and inspiring stories.

This vacancy is archived.

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