Location:

Washington DC, United States
Salary:

negotiable / YEAR
Job type:

FULL_TIME
Posted:

2 months ago
Category:

Budget and Accounting, Finance
Deadline:

09/08/2024

JOB DESCRIPTION

JOB SUMMARY:

Description

Do you want to build a career that is truly worthwhile? Working at the World Bank Group provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty, increasing shared prosperity and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, please visit www.worldbank.org

Junior Professional Associates – Program Description

The Junior Professionals Associate Program (JPA) offers an exceptional opportunity for recent graduates to embark on a professional journey, providing a three-year contract with valuable work experience within a diverse and dynamic environment and the potential of field work experience. The program is an excellent platform to sharpen your existing skills and to develop new ones, all while gaining a profound understanding of the challenges associated with reducing poverty and fostering shared prosperity on a livable planet.

We will provide you with the opportunity to gain entry-level professional experience in a premier development institution, on an Extended Term Consultant (ETC) contract with benefits. For more information, please visit www.worldbank.org/careers/jpa

The following are minimum requirements to be eligible for the JPA program:

• Be 32 years of age or younger

• Hold a bachelor’s degree

• Be fluent in English

The JPA program at the World Bank is a highly competitive initiative. Candidates who are being actively considered for positions may be required to present academic transcripts and professional references. The World Bank’s Human Resources team and hiring team will reach out exclusively to individuals selected for assessment and interviews.

Positions may be in any of the World Bank’s offices worldwide.

Specific Unit Description: EFI-FCI-Long-Term Finance (EFNLT)

The FCI Global Practice

The World Bank’s Finance, Competitiveness & 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. Through this work, FCI strengthens the World Bank’s evolving approach to development finance: to maximize finance for development and to leverage private sector investments for sustainable and inclusive growth.

Globally, FCI leads the institution’s dialogue on financial sector policies and private sector development, as well as engagement with various standard-setting bodies, such as the G20, Financial Stability Board, the UN, etc.

Long Term Finance Unit Overview

The World Bank’s Long-Term Finance (ENFLT) Global Solutions Team helps countries design and implement: i) targeted policy and regulatory interventions to create an environment conducive for long term investments, and ii) tailored, country-specific, innovative financial instruments and derisking solutions to mobilize long-term capital from domestic and international institutional investors to close their financing gaps. The LTF team also plays a key role in international regulatory discussions and through standard setting bodies such as the International Organization of Securities Commissions, and the International Association of Insurance Supervisors. We work on the linkages between strategic sectors of the real economy – infrastructure, housing and corporate, SMEs and agriculture – and the financial sector, specifically through developing capital markets and increasing the supply of institutional investors’ assets (primarily pensions & insurance) to safely fund long-term investments.

Duties and Responsibilities

Within the focus sectors above, the JPA will undertake the following duties and responsibilities:

• Provide assistance to the LTF team in implementing the advisory program Joint Capital Markets Program (JCAP) – being implemented in 17 countries. This will include support to different program activities as well as donor reporting.

• Provide assistance to the LTF team in designing, and implementing advisory projects and lending operations for the regional teams on areas related to local capital market development and mobilization of private capital to strategic sectors, including to help countries meet their climate change commitments.

• Provide support as needed for data collection/analysis, the preparation of technical notes for country engagements (advisory, financial sector stability assessments, etc) and to support global engagements.

• Provide support as needed to the knowledge management agenda of the Unit. The role would have a specific function to contribute to the global unit’s knowledge base on green finance products, in particular those linked to capital markets.

• Provide support for internal briefings and the unit’s reporting within the WBG, including the preparation of internal notes and presentations, interactions with task teams in the regions as well as staff in charge of WB policy.

Other duties and tasks as might be specified by the EFNLT Practice Manager.

Selection Criteria

This job requires a Financial Sector professional who has strong technical and operational skills. He/she will have demonstrated ability to contribute to teams effectively and deliver results on the ground.

• Bachelor‘s degree plus 2 years work experience in finance, economics, law or related discipline; a master’s degree in related fields is not a requirement but is an advantage;
• International experience in capital market development including in emerging economies; knowledge of private capital enabling/mobilizaton, and ‘sustainable finance’ an advantage;
• Familiarity with Bank operational policies and projects would be a strong plus;
• Prior relevant public/government or private sector work experience would also be a plus;
• Advanced analytical and synthesis skills;
• Capacity to inspire trust among colleagues and clients;
• Strong interpersonal, cross-cultural and team player skills, yet with a capacity to work effectively on an independent basis,
• Demonstrated capacity to prioritize decisions for operational results;
• Effective communication skills (both oral and written)
• Mandatory English fluency; French and Spanish proficiency would be an advantage;
• Willingness to travel.

Diversity and Inclusion

The World Bank continually searches for qualified individuals with a diverse set of backgrounds from around the globe. We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, color, ethnicity, sexual orientation, or disability. Individuals with different abilities may be provided reasonable accommodations to perform essential functions and support in receiving other workplace accommodations.

Poverty has no borders, neither does excellence. We succeed because of our differences and we continuously search for qualified individuals with diverse backgrounds from around the globe.

ABSTRACT:

World Bank Junior Professional Associate United States World Bank Jobs 2024

World Bank looking for “Junior Professional Associate”. Applicants with an Advanced degree may apply on or before 09-Aug-24.

The World Bank has published a job vacancy announcement on 18/07/2024 for qualified applicants to fill in the vacant post of Junior Professional Associate to be based in Washington DC , United States. For more jobs, please visit https://unjoblink.org

Company Name: World Bank

Job Title: Junior Professional Associate

Duty Station: Washington DC , United States

Country: United States

Application Deadline: 09-Aug-24

This job has expired.