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ย Description
Do you want to build a career that is truly worthwhile? The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty and promoting shared prosperity. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges.ย https://www.worldbank.org.
East Asia and the Pacific (EAP) Regionย
EAP is a large and diverse region, ranging from Small Island States of the Pacific to the Philippines and China! Despite substantial economic growth and poverty reduction, the EAP region faces huge development challenges. Growth has been uneven across and within countries, institutions still need strengthening, and most countries are heavily affected by climate change. The Bank plays a significant role on global public goods, including climate, biodiversity, water pollution, and health. The COVID pandemic, and more recently food and energy price increases are compounding the impact of the global economic slowdown. The World Bank Group is seen as a premier development institution in the Region, with a leadership role on analytical and advisory services as well as financing.ย
East Asia and the Pacific Region:ย https://www.worldbank.org/en/region/ea
Job duties and accountabilities
The Role of the Equitable Growth, Finance, And Institutions (EFI) Practice Group:
The Equitable Growth, Finance, and Institutions Vice Presidency (EFI) is one of the World Bank Groupโs four Practice Groups. EFIโs mandate is โGrowth, Finance, and Institutions for all.โ EFI combines expertise in finance and private sector development, macroeconomics, fiscal policy, taxation, governance, anticorruption, procurement and poverty among other areas. We foster private sector led growth in client countries, help create markets and jobs, improve resilience, strengthen institutions, promote equal opportunities and inclusion for all.ย
EFI is composed of 4 Global Practices (GPs):
โขFinance, Competitiveness and Innovation (FCI) consists of financial and private development specialists to foster a private sector led growth agenda.
โขMacroeconomics, Trade and Investment (MTI) consists of country economists and houses expertise in macro-modeling, debt and fiscal policy.ย
โขGovernance GP โ consists of public sector, financial management and procurement specialists to support institutional and governance reforms and provide fiduciary support to all Bank operations.
โขPoverty and Equity GP โ consists of micro, labor and development economists to build the evidence base and provide advice and operational support to ensure country policies and WBG interventions are inclusive.
EFI supports clients in advancing evidence-based structural reforms to build the foundations for inclusive and sustainable growth.
The incumbent will report to the EAP EFI RD, but also work closely with country teams, including on operational, analytical, and/or advisory activities. The position will offer exposure to a broad range of regional and EFI-wide strategic and operational issues as well as opportunities to work with a wide range of management and staff across EFI and other units, while also contribute to the policy dialogue on development, with a focus on economic growth and macro-fiscal issues, in selected countries.
Duties and Responsibilities:ย
โข Lead or contribute to the analytical design, preparation and/or production of a range of economic policy papers, policy notes, reports, and operations;
โข Review and provide advice and support to the Regional Director on strategic and operational matters relating to EFIโs engagement in the region including in close coordination withย regional EFI teams, the Chief Economistโs office and staff from other PGs.
โข Ensure that the Regional Director is briefed and informed of important issues โ internal and external โ in a timely manner. Effectively prioritize issues for the Regional Directorโs attention either for information or action providing input, analysis and recommendations as appropriate. Review and/or write briefs, talking points, speeches for a wide spectrum of occasions.
โข Take-on additional ad-hoc projects of a strategic or operational nature as needed either individually or as part of a team.
Selection Criteria
โขMinimum of a Masterโs degree in Economics, public policy, political science or related disciplines etc.
โขMinimum of eight years of relevant professional experience.
โขStrong, demonstrated technical skills and familiarity with work of EFI, in particular with issues related to macro-fiscal and growth, competitiveness, financial sector, public sector reform, etc.).
โข Strong operational and policy dialogue skills, as evidenced by a proven track record in delivering high quality lending and advisory.
โข Strong integrative skills in order to support the RD in articulating its strategic thinking on economic growth and poverty reduction and to articulate a coherent policy dialogue with the authorities across the region.
โขProven sense of initiative, results orientation, team work and leadership qualities, and ability to work effectively across sectors/GPs.
โขStrong communication skills, including the ability to speak persuasively and to present ideas clearly and concisely.
โขExcellent conceptual and analytical skills. The capacity to respond quickly in a pragmatic manner to a wide range of issues.
โขOutstanding interpersonal skills. Proven track record of working effectively across groups in a multicultural environment with staff at all levels.
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.