Do you want to build a career that is truly worthwhile? Working at the World Bank Group provides a unique opportunity for you to help our clients solve their greatest development challenges. 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, increasing shared prosperity and promoting sustainable development. 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.
The Global Practice For Finance, Competitiveness And Innovation (Fci) In The Wbg:
FCI works towards creating an enabling environment in which financial stability, efficiency and firm-level solutions are provided in an integrated way to crowd in the private sector, support the creation of markets, and accelerate resilient and equitable growth. FCI professionals lead or participate in a wide variety of analytical and advisory work that add to the core expertise delivered to client countries. Knowledge and learning are a central part of the FCI agenda, with work focused on the following thematic areas: (a) Crisis & Disaster Risk Finance; (b) Financial Stability and Integrity; (c) Long Term Finance; (d) Financial Inclusion and Infrastructure; (e) Industry Solutions; and (f) Firm Capabilities and Innovation.
The Crisis & Disaster Risk Finance team supports policy reforms and innovative (market-based) risk finance solutions to help countries (governments, firms and households) increase their financial resilience against disasters, climate shocks and other crises. The team offers a set of analytical and advisory services, financial services, and knowledge services to support the countries toward improved financial resilience. Among the programs managed by the team are: the Disaster Risk Finance and Insurance Program (DRFIP); the Global Shield Financing Facility (GS-FF); the Risk Finance Umbrella Program; and regional programs such as the Pacific Catastrophe Risk Assessment and Financing Initiative (PCRAFI) and the Southeast Asia Disaster Risk Insurance Facility (SEADRIF).
The Crisis & Disaster Risk Finance team is seeking a Financial Sector Specialist with background and experience in developing and implementing risk finance and insurance instruments and policies against climate shocks, disasters and other crises. His/Her overall objectives will be to (i) support the policy dialogue on climate and disaster risk finance with public and private partners; (ii) support the implementation of the Global Shield Financing Facility; (iii) provide country clients with advisory services and technical assistance on climate and disaster risk finance and insurance, informed by strong analytical work; (iv) create global knowledge. He/She will be assigned to work on countries and issues which span a full global portfolio.
The candidate will:
Support the overall technical management of the Global Shield Financing Facility: support the pipeline development to source GS-FF funded projects, including coordinating internal demand from different Global Practices and relationship management with task teams. Support the preparation and implementation of grant funded components on climate and disaster risk finance in World Bank lending operations, in close collaboration with the regional teams.
Prepare monthly results reporting for donors; maintain a real-time portfolio database of all grants that is accessible and available to the GS-FF Secretariat and enables simple analytics; oversee the preparation of Annual Report; oversee Monitoring, Evaluation, and Learning activities.
Support donor relationships (e.g., preparation of technical meetings, Steering Committee meetings) and prepare briefs for senior management.
Support the communication strategy of the GS-FF, including timely and regular updates to the website, preparation of newsletters and other activities.
Support provision of knowledge management products (including policy notes, country case studies and lessons learned for clients) and contribute to learning events (workshops, training courses, and distance-learning events).
Selection Criteria
Master’s degree [or equivalent professional qualification] plus at least 5 years of experience in public policy, financial economics, development economics, public finance, risk management, or related discipline.
Proven ability to work in teams, as well as support the delivery of complex analytical and advisory services.
Excellent writing skills in English and ideally another language.
Excellent presentation skills demonstrating the ability to present the results of complex analytical output to a variety of audiences with different levels of technical knowledge and experience.
