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.
To assist with Pakistan’s growing and complex work program, the World Bank Finance, Competitiveness and Innovation Global Practice (FCI GP) seeks to hire an experienced and highly motivated professional to join its team based in Islamabad. You will be part of the Pakistan Country Team and you will represent FCI GP in the country along with the rest of the team.
Job Duties and Responsibilities:
Serve as team member for lending operations, advisory, and analytical work, and contribute to the delivery and quality of financing and knowledge engagements in Pakistan.
Collect relevant financial and private sector data, conduct quantitative and qualitative analysis of financial sector issues, and collaborate in the production of technical notes on financial and private sector developments in Pakistan; and help with the dissemination of analytical work.
Work on financial sector development issues in Pakistan with a focus on financial inclusion, Micro, Small and Medium Enterprise (MSME) financing issues, long-term finance, private-public partnerships, capital market development and with the ability to connect financial sector development with private sector development.
Support the design, implementation and monitoring of FCI financing/lending projects and advisory services and analytics (ASAs) and contribute to developing a work program of future lending and ASAs to meet the country’s needs in line with country and GP priorities.
Support lead economists and management in engage in country strategic dialogue with clients on the design of policies to promote sound, efficient and inclusive financial sectors, as well as in consultations with various stakeholders including, other development finance institutions, civil society and beneficiaries.
Work closely with other FCI and IFC staff in Pakistan and beyond and staff from other global practices; contribute to briefings for WBG country management; and support the integration of relevant financial / private sector issues in the WBG country strategy, systematic country diagnostics (SCD), Country Partnership Frameworks (CPF) and work programs; you will be working closely with Program Leaders and other FCI country staff/task leaders and IFC.
Develop and support the development of one-World Bank Group solutions to financial and private sector development challenges, based on a good understanding and close engagement with IFC and MIGA products and colleagues.
Provide inputs to other Global Practices on financial / private sector related policies; build and maintain relationships with clients in government and the financial and private sector as well as other development partners.
Interact predominantly with counterparts at the working level in government, supervisory authorities or other businesses and organizations, as well as acts as liaison between team members in headquarters and the country office.
Contribute to a variety of written products and communications, including components of major reports (Briefs, Analytical Notes, Back to Office Reports, Aide Memoires, Project Concept Notes, and Project Documents), as well as drafts other technical working papers for wider circulation.
Selection Criteria
This job requires a professional who has strong financial technical and operational skills. You will have demonstrated an ability to work effectively with multidisciplinary teams and deliver results on the ground.
A Master’s degree in Finance, Economics, Management or a related field.
Minimum of 5 years of relevant experience including of working in the financial sector/public sector/international organizations.
Experience working on financial and private sector development issues in Pakistan.
Experience with a broad range of financial and private sector policy and technical issues, with a focus on financial inclusion, MSME financing, long-term finance, PPPs, capital market development, etc.
Mature professional to inspire confidence in country officials, and work in a culturally diverse environment.
Possess strong client engagement skills.
Strong judgment on operational, country, and practice issues. Strong results focus, with a track record of supporting/leading teams to deliver projects and activities.
Knowledge of financial infrastructure, financial inclusion, MSME, infrastructure and housing finance, investment policies, business environment, entrepreneurship, industry-specific solutions, or firm competitiveness and innovation would be a plus.
The ideal candidate will have a combination of experience working in development organizations and the private sector.
