Private Sector Specialist

The World Bank, New Delhi, India

Skill Required:, Project/ Programme Management
Preferred Experience: 
5 years
Closing Date for Applications: 
14th December, 2018


Job Description

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.
The vision of the WBG is to eradicate extreme poverty by reducing the number of people living on less than $1.25 a day to 3 percent by 2030, and promote shared prosperity by fostering the income growth of the bottom 40 percent in every country.  To achieve this vision, our strategy has three components: (1) maximizing development impact by engaging country clients in identifying and tackling the most difficult development challenges; (2) promoting scaled-up partnerships that are strategically aligned with the goals; and (3) crowding in public and private resources, expertise and ideas.

The architecture underpinning the strategy and instrumental to its success is the establishment of fourteen Global Practices (GPs) and five Cross-Cutting Solution Areas (CCSAs) that, in concert with the WBG Regions, will design solutions that address clients’ most pressing developmental challenges, and ultimately, enable the WBG to meet its twin goals of eliminating extreme poverty and boosting shared prosperity.

Recognizing that governments often have a small window of opportunity for reform, the Macroeconomics, Trade and Investment (MTI) GP’s Investment Climate Advisory Services team (ICAS) offers a unique response capability able to respond swiftly to client demands, leveraging expertise from across MTI and the World Bank Group delivering integrated, multi-instrument solutions. ICAS works hand-in-hand with governments to design IC reform programs in the context of a broader competitiveness agenda; determine priority areas for reform in the short, medium and long term; set clear targets with measurable results; and strengthen the institutional capacity of public-private dialogue mechanisms and inter-ministerial reform committees.

By leveraging a comprehensive approach that addresses the legal, regulatory, procedural and institutional barriers affecting all phases of the investment and business lifecycle, as well as our staff presence on the ground, ICAS helps countries establish a competitive investment climate that is favorable for attracting, retaining and leveraging investment for business-led growth.

Capable of mobilizing a wide range of Bank Group instruments, including advisory services and analytics (ASAs), technical assistance and advisory services as well as reimbursable advisory services (RASs), to help developing countries. Our implementation-focussed experts draw on the knowledge curated by our global teams to deliver integrated solutions designed to meet the needs and circumstances of our clients.

Regional Context

The South Asia Region comprises eight countries (Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka) that range in size from India (with a population of over 1 billion) to Maldives (with 0.3 million people).  The region has experienced a long period of robust economic growth, averaging 6% a year over the past 20 years. It was the second-fastest growing region in the world in the aftermath of the global crisis. This strong growth has translated into declining poverty and impressive improvements in human development. The percentage of people living below the poverty line fell in South Asia from 61% to 36% between 1981 and 2008. The proportion of poor is lower now in South Asia than any time since 1981. Still, the South Asia region is home to many of the developing world's poor. According to recent poverty estimates, about 250 million people in the region are below the poverty line, and they make up more than 33% of the world's poor.

South Asia has played, and will continue to play, an important role in the global development story. It has the world's largest working-age population, a quarter of the world's middle-class consumers, more than 15 million people entering the work force each year, and persistent deep development challenges such as being the home for 42% of stunted children, the world’s highest neonatal mortality and women anemia rates, huge tolls from natural disasters, a declining labor force participation and abnormal gender wage gaps.  With inclusive and sustainable growth, and a focus on human capital development, South Asia has the potential to change global poverty.

COUNTRY AND POSITION CONTEXT

The World Bank Group’s (WBG) program in India is the largest in the South Asia Region with around 103 projects currently under implementation with a net commitment of around $27.5 billion.  In cumulative terms, India is the largest single combined (IBRD and IDA) client.  The India portfolio is large and diverse with projects at both the central and state levels spanning across key infrastructure, finance, governance   and human development   sectors.  The new Country Partnership Framework (CPF) FY18-21 has been finalized.

The Government of India has prioritized the creation of jobs, through the promotion of manufacturing investments, as a key pillar of its strategy for economic growth. The MTI ICAS team has been supporting the Government in implementing business regulation reforms, promoting investment strategically, and in bringing about reforms to facilitate trade. The Private Sector Specialist is envisioned to lead MTI ICAS engagements in each of these areas, and work collaboratively with other parts of the World Bank Group to ensure that the strategic priorities of the IFC, the World Bank Group and the Government of India are achieved. 

Roles & Responsibility:

The Private Sector Specialist will be the country coordinator for India as part of the MTI ICAS team, leading various operational advisory activities and services. Duties will include, but are not be limited to, the following:

  • Contribute to the policy dialogue on the investment climate topics, including business regulations, legal, regulatory and institutional issues related to the business environment; investment policy, investment promotion, and trade facilitation with key government and private sector counterparts in India.
  • Contribute as core team member to private sector consultations, working closely with private sector associations, including, as appropriate sectoral federations
  • The candidate is expected to contribute and link-up with MTI’s global investment climate teams, to provide knowledge, advice and guidance on global best practice.
  • He or she will be expected to share knowledge and information and contribute, as appropriate, to global knowledge generation and dissemination.
  • Work closely with IFC and WB country management teams to ensure the integration of relevant MTI issues articulated in the Country Partnership Frameworks and country work programs. As required the candidate will produce technical notes, briefings, presentations, donor reports, etc.
  • Support in developing effective coordination with other Global Practices (GPs), key clients and development partners. The candidate will be expected to engage in business development by establishing strategic relationships with country clients, donors, and IFC and WB management.
  • The candidate will lead different advisory projects, oversee budget management, project reporting, procurement of consultants, results measurement, donor relationships, as well as facilitate cross learning across projects, regions and best practices.
  • The candidate will contribute to and lead  policy dialogue with client governments at the highest level on MTI topics and represent the IFC and/or the World Bank at public forums and meetings, as well as contribute to tasks as requested by the Practice Manager and/or World Bank and IFC India Country management.
  • Supporting the overall strategy of MTI in the South Asian countries in general.

Selection Criteria

  • The position requires a motivated and seasoned private sector specialist, with strong experience in the investment climate space with a focus on business regulation, investment policy and promotion and/or trade facilitation.
  • At least 5-8 years’ combined working experience in the business regulation/investment policy and promotion/trade facilitation space. Experience working in India is a strong plus.
  • A Masters degree in law, business, economics, public policy or a closely related field.
  • Proven track record of leading engagements that included part of the following: investment climate policy design, investment policy promotion, legal/regulatory review and/or drafting of legislation and regulation working with the private sector, international organizations and government.
  • Demonstrable experience with using networks for collaboration in both operations and knowledge management.
  • The candidate should have strong interpersonal and client engagement skills, strong program management skills and a commitment to work in a multi-sectoral environment in a developing country context.
  • Effective project management skills, in particular government-facing technical assistance projects, as well as capacity to contribute to and influence policy discussions at the senior government level.
  • Ability and willingness to prepare and supervise multiple and complex projects including – leading project supervision and completion reports, overseeing result and impact measurement activities, producing donor reports and technical notes, etc.
  • Ability to understand and analyze complex problems and develop innovative approaches. Proven ability to manage complex projects and programs.
  • Ability to gain the trust and respect of country counterparts and colleagues in other sectors, regions and the World Bank Group, while maintaining objectivity and clear focus on the IFC's mission;
  • Fluency in English is required. Fluency in Hindi will be an added advantage.
  • Familiarity with IFC advisory operations will be an added advantage

Source:https://worldbankgroup.csod.com/ats/careersite/JobDetails.aspx?id=1182&site=1


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