The World Bank Group’s Finance, Competitiveness, and Innovation Global Practice (FCI) combines expertise in the financial sector with expertise in private sector development to foster private sector led growth and help build markets in client countries. FCI is an integrated World Bank and IFC Global Practice promoting inclusive and sustainable growth in a transforming world through finance and private sector solutions. FCI delivers tailored development solutions to countries and the global community at large, working with public and private sector clients. FCI structures and implements comprehensive financial sector and private sector solutions that bring together World Bank knowledge, financial products (loans, credits, guarantees, and risk-management products), convening services, and IFC advisory services. FCI comprises more than 700 staff working across more than 120 countries, covering all regions: Africa, Eastern Europe and Central Asia, East Asia and Pacific, Latin America and the Caribbean, Middle East and North Africa, and South Asia. The menu of solutions that FCI offers through its lending and advisory services is consistently evolving along with changes in the financial sector. It encompasses diverse areas such as financial stability and integrity, climate and risk management, credit bureaus, movable collateral, secured transactions, capital markets, infrastructure finance, housing finance, agriculture finance, financial inclusion, and digital financial services. The World Bank also seeks to meet demand for just-in-time expertise and to serve as a knowledge broker across all regions.
Duties and accountabilities:
The incumbent will primarily focus on operational and analytical support to deliver EAP FCI work program. Ideally, the selected candidate will be familiar with World Bank operational work and have the technical breadth to contribute to the knowledge generation and policy dialogue on a broad array of financial sector sub themes! These particularly relate to financial sector stability, capital market development, climate risk management and sustainable finance. The Senior Financial Sector Specialist will have demonstrated prior experience interacting with high level officials in government, development community, and the private sector.