This is a local recruitment for a Financial Sector Specialist in Addis Ababa to be part of the Ethiopia FCI program and focus on supporting the financial sector lending and ASA program in the East Africa unit (EAEF1). The Financial Sector Specialist reports to the Regional Practice Manager (EAEF1) for Finance, Competitiveness and Investment and the chosen candidate will be expected to work independently and support lending, Analytical and Advisory Services (ASAs) and other technical assistance activities.
Responsibilities:
Work closely and under the guidance of the Senior Financial Sector specialist based in Addis.
Contribute to the policy dialogue on financial sector development, task manage and support the implementation of ongoing FCI lending projects, ASA’s with a focus on strong project performance and contribution to country outcomes.
Working with the FCI staff, country economists and the CMU to ensure the integration of relevant finance, competitiveness, and innovation sector issues in country strategies, the CPF and work programs and overall country policy dialogue and engagement.
Develop effective coordination mechanisms with our key counterparts in Ethiopia, including government (NBE and MoF, EIH, CMA), State Owned banks and the private banks.
Contribute to the policy dialogue and ASA dissemination with the Practice Groups and the IFC and contribute on behalf of FCI to activities/projects led by other PG’s/units.
Cultivate strategic relationships with country clients and the CMU and contribute to building the FCI engagement further in line with the CPF and country priorities.
Working independently in the preparation of briefing material on country program/sector and project issues and follows up on portfolio issues.
Produce technical notes, briefings, presentations, etc. as requested by Management.
Support the partnership with the donor community and facilitate/participate in formal and informal meetings with key development partners, civil society and other stakeholders.
Requirements:
Masters level or equivalent qualification with minimum 5 years of relevant professional experience in the areas of finance, business, management, economics or related discipline.
The ideal candidate should have solid experience in financial stability and broad knowledge of other areas related to financial inclusion and financial deepening and the important contribution of the financial sector to SME development and growth.
Experience in designing and implementing lending operations and leading core analytical ASAs focused on financial sector development is desired.Familiarity with World Bank Group products, policies and procedures, as well as Trust Funds.
Proven capacity to engage and influence policy discussions at the country level on financial sector development.
Possess strong internal and external client engagement skills and ability to collaborate and work across boundaries.
Ability to work collaboratively with IFC, development partners and across the Prosperity vertical on key analytical and lending operations.
Work experience in Ethiopia and the broader Africa region would be an added advantage.
Excellent writing and presentation skills in English.
