Established in 1944, the WBG is one of the world’s largest sources of funding and knowledge for development solutions. In fiscal year 2018, the WBG committed $67 billion in loans, grants, equity investments and guarantees to its members and private businesses, of which $24 billion was concessional finance to its poorest members. It is governed by 188-member countries and delivers services out of 120 offices with nearly 15,000 staff located globally.
The WBG consists of five specialized institutions: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for the Settlement of Investment Disputes (ICSID). The World Bank is organized into six client-facing Regional Vice-Presidencies, several corporate functions and thirteen Global Practices to bring best-in-class knowledge and solutions to regional and country clients.
Following the successful liberation of Islamic State of Iraq and Syria (ISIS)-controlled areas in 2017, the financing needs for Iraq’s reconstruction and development are enormous, estimated at US$88 billion over five years. All stakeholders recognize that reconstruction and reform will have to be financed primarily through the Government of Iraq (GoI)’s own resources, although international resources in the form of grants, concessional loans and technical assistance can play an important catalytic role. In February 2018, the Government of Iraq presented its Reconstruction Recovery and Development Framework (RRDF) during the International Conference for the Reconstruction of Iraq held in Kuwait. The RDF sets out a framework to reconstruct the liberated areas while at the same time forging a renewed social contract based on citizen-state trust, social cohesion, sustainable development and broader reforms that benefit the entire country, including the indirectly affected governorates.
To support the implementation of the RRDF and the GoI’s reform agenda, the World Bank has created the Iraq Reform and Reconstruction Fund (IRRF) to provide a platform for coordinated financing and dialogue, with a focus on supporting public investments in socio-economic recovery and reconstruction and promoting targeted national reform efforts. The IRRF will support the Bank’s current portfolio and its pipeline which focus on reinstating trust between the state and its citizens through institutional strengthening, private sector development, service delivery, and enhancing human capital. It will also support the implementation of the Bank’s Country Partnership Framework (CPF) for Iraq, which is expected to guide the institution’s lending and advisory support program for Iraq for five years.
The IRRF will finance both World Bank-executed and recipient-executed activities under three main components:
- a socio-economic recovery and reconstruction component that leverages grant funding to support innovative pilot programs, and complements or co-invests in government programs with a focus on IBRD financed lending operations to improve their effectiveness, and
- a reform and advisory support component that provides technical assistance and support to the GoI in core sectors of economic and financial governance and strengthens government capacity to prepare and deliver its reconstruction and development program.
- a coordination and program support component that strengthens capacity and institutional arrangements for multi-stakeholder dialogue, coordination, monitoring and evaluation, and for improving the effectiveness of reconstruction investments of government, IBRD, and whenever possible, other international partners.
IRRF governance will form part of the broader evolving coordination and financing architecture set out in the RDF. It will include the following three main layers:
- The IRRF Steering Committee provides strategic guidance on IRRF objectives, and oversight and advisory functions in relation to IRRF governance;
- The Fund Administrator who is responsible for the project cycle of identification, preparation, appraisal, effectiveness, supervision and closing;
- the IRRF Support Team/Secretariat performs core trust fund management functions.
The Secretariat is managed by the Trust Fund Administrator and is responsible for coordinating the overall work program of the IRRF and its daily operations and management. The Secretariat informs the Steering Committee on overall IRRF strategic progress and reports to the Administrator (World Bank Country Director) on all operational and administrative matters. The Secretariat is based in the World Bank offices in Baghdad and Beirut. The functions of the Secretariat include handling the day-to-day operations of the IRRF, including coordination and liaison among project teams, government, and development partners; preparing and convening SC meetings and communications; preparing and convening technical-level meetings; reviewing and approving grant requests by World Bank project teams; providing guidance and clarification on Trust Fund policies, processes and procedures; maintaining the Trust Fund’s records and preparing regular updates and annual progress reports; ensuring effective communication and dissemination of information; assisting the Trust Fund Administrator, and supporting the SC, in managing relations and resource mobilization with donors; and coordinating the preparation of background notes and papers for, and commissioning periodic reviews or independent evaluations of, the IRRF.
The IRRF Secretariat is led by a Trust Fund Manager for the IRRF, reporting to the World Bank Country Director. The Trust Fund Manager will be assisted by a team with capacity in finance, monitoring and evaluation, communications and public outreach, donor coordination and other skills as necessary, with the possibility of seconded professionals from partner entities, donors, and/or the GoI.
Duties and Accountabilities:
Supporting the management of IRRF operations including
- Collecting, organizing, and maintaining the Trust Fund’s records and preparing regular updates, the Annual budget, and annual progress reports, including financial statements on Trust Fund finances and performance
- for submission and approval by the SC
- Supporting the preparation of an annual workplan, results framework, communication strategy and risk management strategy, amend and update these documents as needed.
- Supporting the reviewing and approving of grant requests by World Bank project teams and non-World Bank implementing partners. The duties will include also providing guidance and clarification to GoI and RDF
- partners based on IRRF operating procedures and established criteria in line with SC guidance
- Monitoring the IRRF portfolio including project status, disbursement rates and performance, and ensure appropriate actions and follow up by project teams and/or management
Supporting IRRF Steering Committee meetings and communications including
- Preparing SC meetings and communications, including developing and circulating agendas, supporting documentation and meeting minutes
- Preparing and convening technical-level meetings and knowledge sharing/outreach events on specific topics as required for in-depth technical discussion on specific IRRF activities
- Supporting the design, coordination, and implementation of the IRRF communications strategy
- Supporting the design, coordination, and implementation of the IRRF communications strategy. Preparing
- briefing and presentation materials on the IRRF for various audiences, including Government of Iraq counterparts and the World Bank Iraq Country Management Unit including background notes and papers for, and commissioning periodic reviews or independent evaluations of, the IRRF, as may be requested by the SC. This also includes supporting information-sharing on the IRRF to interested existing and new donors, and help ensure that the IRRF input is fed into relevant discussions amongst the international community
Supporting all aspects of coordination and stakeholder engagement including
- Facilitating coordination and liaison among World Bank project teams, IRRF implementing partners, government, and development partners, including the UN and the UN-RRP, and acting as a focal point to facilitate the stakeholders’ interaction with the IRRF
- Assisting the Trust Fund Manager in managing relations and resource mobilization with donors, including engagement with new donors
- Providing the Trust Fund Manager with regular updates concerning the dynamics of reform and reconstruction on the ground and discussions amongst international agencies on key reconstruction issues and the reform agenda
- Regularly canvassing active donors to ensure that the Secretariat is aware of their relevant interests and concerns, and that they are informed about the IRRF’s contributions to reconstruction
Team management and support
- Supporting the Trust Fund Manager in ensuring smooth daily operations of the IRRF, including supporting other staff members in execution of tasks to ensure quality control
- Designing and implementing activities to encourage team building and greater team cohesion
- Acting on behalf of the Trust Fund Manager, when required, on matters regarding the operations of the IRRF in Iraq
- Master’s degree in economics, finance, public policy and administration or similar field with a minimum of five years of relevant experience, or equivalent combination of education and experience
- Experience in, and knowledge of post-conflict reconstruction, donor-supported development programs, development partnerships, and/or development finance in FCV settings.
- Integrative Skills - Understands relevant cross-sectoral areas how they are interrelated; able to undertake
- cross-sectoral work in lending and non-lending operations.
- Demonstrated ability to integrated and work effectively in multi-disciplinary teams.
- Strong interpersonal skills with a demonstrated ability to successfully work in multicultural team settings.
- Ability to communicate effectively with a diverse group of constituencies (verbal and written).
- Strong organizational and project management skills with an ability to deliver high-quality results under pressure.
- Knowledge of FCV Context – Applies to operations and analytical tasks a good understanding of fragility, conflict and violence, including polarization of state-society relations, diminished client capacity, relevance of partnership, etc.
- FCV Behavioral Skills – Demonstrates the mind-set needed for success in FCV settings: adaptability, resilience, determination, sound judgement, etc. Coaches others on the team around these factors.
- FCV Operational Skills – Coordinates a pragmatic approach to FCS operations. Looks for ways to help the client achieve early results while maintaining a strategic approach and identifies practical ways to implement longer-term/reform measures.
- FCV Policies, Tools, and Instruments – Is experienced with the range of FCV related policies, tools and instruments: post-conflict needs assessment, transitional result framework, conflict assessments, political economy analysis, etc.
- Competency in the use of Excel for the preparation of tables, charts, and graphs to illustrate data.
- Knowledge of World Bank Group operations preferred.
- Fluency in English (essential) and Arabic (preferred).