Thinking of a Career in Emergency Management?
- BY Nicole Pelette
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 Development Finance Vice-Presidency (DFi) is responsible for the management and monitoring of policies, procedures and resources for the World Bank’s development financing vehicles. DFi sets the policy framework for the World Bank Group’s development finance by engaging in strategic resource mobilization, playing an intermediation role to help align the needs of recipients, WBG institutional priorities, and priorities of funding partners, through a variety of funding instruments. These include the International Development Association (IDA), the World Bank’s fund for the poorest, the International Bank for Reconstruction and Development (IBRD), and Trust Funds, including Financial Intermediary Funds (FIFs).
Given the nature and variety of this portfolio, DFi works closely with the President's office, Executive Directors, WBG senior management, corporate and operations units across the WBG, funding partners and government officials. The Forward Look exercise and Maximizing Finance for Development (the Cascade approach) present opportunities to further strengthen the Bank Group approach to development finance. As such, DFi is structured to provide the institution with a more holistic approach to financing, financial policy, and strategic fundraising across IDA, IBRD, and Bank/IFC trust funds and partnerships.
Within DFI, the Corporate IDA & IBRD (DFCII) team is responsible for the replenishment and stewardship of the International Development Association (IDA), the Bank’s principal facility for providing highly concessional resources to the World’s poorest countries. DFCII is the institutional focal point for the IDA replenishment process and most recently shepherded the IDA18 replenishment process to a successful conclusion as the highest replenishment ever at $75 billion. DFCII team monitors the implementation of the IDA policy mandates within the Bank, undertakes a significant policy research agenda, and participates in review activities at the country and institutional levels. In addition, DFCII manages the allocation of IDA resources (both volumes and terms) to eligible countries as per IDA priorities and maintains a policy dialogue with donors. Working closely with OPCS, Regions, CCSAs and Global Practices, it takes the lead in preparing the IDA replenishment papers, which form the basis for policy discussions with IDA’s contributing countries.
The Research Analyst will be part of the IDA Operations and Strategy unit, one of three units in DFCII, working closely with the IDA Finance and the IBRD Corporate Finance team. The Strategy and Operations team is responsible for the many exciting and challenging operational aspects emerging from IDA18, including development of policies for the allocation of the significantly scaled-up IDA resources, implementation of IDA’s operational policies, the allocation of IDA resources, and newly created IDA-IFC-MIGA Private Sector Window Secretariat. The unit is also in charge of developing and undertaking a research program on IDA’s long-term strategic agenda, including to catalyze IDA resources towards delivering on the WBG goals and the emerging post-2015 development agenda. The Strategy and Operations Unit is made up of a diverse, experienced, and motivated team of economists and development specialists. There are 2 openings for this position.
Roles & Responsibility:
The Research Analyst is expected to assist in the IDA team’s data analytic function. The Analyst will report to the IDA Strategy and Operations Manager and provide substantive research and analytical contributions to the work of the IDA team. The Analyst will participate in the monitoring of IDA18 implementation, as well as heavy data analytic to help the team design potential new policies for future replenishments. Main accountabilities will include both the conduct of analytical work as well as the provision of operational support. Specific tasks include:
Support to operational work:
In addition to the Bank-wide criteria listed below, the successful candidate for this position should have demonstrated superior technical skills, a capacity to operate successfully across GPs, VPUs, with other WBG institutions and with other development partners, and first-rate interpersonal skills. The incumbent must be able to interact effectively with senior management, senior officials of contributing governments, and with senior members of client countries and external partners.
Other selection criteria include:
Master’s degree in a relevant discipline (e.g. economics, management, business administration, social sciences, technical studies, or another field related to development) preferred.
Country and Operations Services Competencies:
Internal and External Stakeholder Engagement
Operational Knowledge Sharing
Ability to assist in developing and organizing the delivery of learning and knowledge dissemination programs.
Excellent written and oral communications skills in English; proficiency in one or more additional languages highly desirable. Ability to work effectively in a small team environment critical.
WB Operations Competencies
Knowledge and Experience In Development Arena :
Communication & Influencing Skills :