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 create markets in client countries.
We are an integrated World Bank and IFC Global Practice promoting inclusive and sustainable growth in a transforming world through finance and private sector solutions.
We deliver tailored development solutions to countries and the global community at large, working with our public and private sector clients.
We structure and implement 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 Pakistan continues to deliver a broad-based, complex, and growing program in Pakistan using the full range of WBG instruments, in a range of policy dialogues at federal and provincial levels.
The active and pipeline engagement areas include :
investment climate, competitive cities and competitiveness;
post-crisis private sector (MSME) recovery, growth and job creation;
facilitating trade and supporting local economic corridor development;
economic empowerment of women;
financial inclusion and infrastructure;
financial sector diversification; and
long-term / development finance.
Job Duties and Responsibilities :
Be part of a team engaged in policy dialogue on financial sector development while actively participating and contributing to multi-sectoral teams involved in policy-based operations, results-based lending, investment lending or Advisory Services & Analytics ASA including reimbursable advisory services.
Support the implementation of ongoing FCI financing / lending projects and ASAs.
Work closely with other FCI country staff / task leaders to ensure the integration of relevant financial sector issues in country strategy, Systematic Country Diagnostics / Country Partnership Framework and work programs.
Engage in country strategic dialogue with clients on the design of policies to promote sound, efficient and inclusive financial sectors;
provide inputs to other Global Practices on financial sector related policies; build and lead teams; develop and maintain relationships with clients in government and the financial sector.
The candidate will support / produce technical notes, briefings, presentations, etc. on fields of expertise.
The candidate will be expected to support the FCI team in its work program and engage in business development as needed.
A Master’s degree in Finance, Economics, Management or a related field. Professional certificates in these fields would be an advantage.
Minimum of 5 years of relevant experience including of working in the private sector / financial sector / public sector / international organizations.
The ideal candidate will have a combination of experience both inside the World Bank Group (including experience of financing / lending projects and ASA / AAA activities and familiarity with Bank policies and procedures) and outside the World Bank Group (with financial sector institutions and / or financial regulators or financial sector policy makers).
The ideal candidate should have areas of technical expertise in understanding financial markets and have work experience from amongst the following areas : central bank strengthening / financial regulation and supervision, banking reform and bank restructuring, financial infrastructure, financial inclusion, MSME and infrastructure finance, housing financing.
Good knowledge of financial development issues and demonstrated ability to engage in a broad range of policy issues including access to finance / financial inclusion, rural finance, financial sector regulation and supervision, banking reform and restructuring, infrastructure finance, etc.
Possess strong client engagement skills.
Outstanding judgment on operational, country, and practice issues. Strong results focus, with a track record of delivering results.