JOB DETAILS:

World Bank Jobs 2024 – United States International Jobs. World Bank looking for “ Financial Sector Specialist”. Applicants with an Advanced degree may apply on or before 08-Jul-24.

World Bank Financial Sector Specialist Jobs 2024

The World Bank has published a job vacancy announcement on 24/06/2024 for qualified applicants to fill in the vacant post of Financial Sector Specialist to be based in , United States.

Company Name: World Bank

Job Title: Financial Sector Specialist

Duty Station: , United States

Country: United States

Application Deadline: 08-Jul-24

Responsibilities:

Requirements:

This role requires a combination of technical, policy, implementation and operational skills, in-depth expertise in relevant areas, and a high level of motivation.  The following qualifications are sought:

• A Master’s degree in international development, Finance, Public Policy, or Economics or equivalent, with a minimum of 5 years of relevant experience.
• Demonstrated experience in work in a team and multi-cultural setting.
• Demonstrated experience working on the ground in developing countries/emerging markets, with a track record of strong task delivery and quality.
• Good understanding of large value and retail payments systems, relevant digital financial inclusion themes, as evidenced through contributions to reports and other outputs. For example, with the areas set out in the ‘Fast payments – Enhancing the speed and availability of retail payments’, ‘Considerations and Lessons for the Development and Implementation of Fast Payment Systems – Part of the World Bank Fast Payments Toolkit’, ‘Payment Aspects of Financial Inclusion’ guiding framework (WB/CPMI), and CPMI-IOSCO Principles for Financial Market Infrastructures.
• Good understanding of retail payment systems, including, fast payment systems, business models behind payment and other financial instruments, and of innovative payment mechanisms/ financial services; Association with design, development and use of innovative solutions and mechanism would be preferred.
• Experience in design and/ or implementation of Fast Payment Systems and conduct of assessments of retail payment systems, would be desirable.
• Excellent analytical skills.
• Proven ability to work in teams.
• Strong commitment to knowledge-sharing.
• Excellent oral and written English language communication skills.
• Fluency in French or Spanish is a plus.

Required Competencies:

• Support with Policy and Technical Analysis of Retail Payment Systems, specifically, Fast Payment System – Develops innovative solutions, contributes new insights to understand situations and develops solutions to resolve complex problems, adapts as circumstances require and manages the impact of own behavior on others in context of WBG’s values and mission, and identifies and pursues innovative approaches to resolve issues.
• Deliver Results for Clients – Proactively addresses clients’ stated and unstated needs. Adds value by constantly looking for a better way to get more impactful results; sets challenging stretch goals for oneself. Immerses oneself in client experiences and perspective by asking probing questions to understand unmet needs. Demonstrates accountability for achieving results that have a development impact and financial, environmental and social sustainability. Identifies and proposes solutions to mitigate and manage risks.
• Collaborate within Teams and Across Boundaries – Collaborates across boundaries, gives own perspective and willingly receives diverse perspectives. Appropriately involves others in decision making and communicates with key stakeholders. Actively seeks and considers diverse ideas and approaches. Integrates WBG perspective into work.
• Create, Apply and Share Knowledge – Applies knowledge across WBG to strengthen WBG client solutions. Contributes to the department’s and WBG’s body of knowledge by applying lessons learned and expertise. Seeks to learn from more experienced staff to deepen or strengthen their professional knowledge and helps others to learn. Builds personal and professional networks inside and outside the department unit.
• Make Smart Decisions – Interprets a wide range of information and pushes to move forward. Seeks diversity of information and inputs, researches possible solutions, and generates recommended options. Identifies and understands risks and proposes recommendations. Based on risk analysis makes decisions in a timely manner within own area of responsibility, considering the interests and concerns of stakeholders.
• Policy Dialogue Skills – Identifies and assesses policy issues and communicates findings/points of view verbally and through reports and papers. Plays an active role in the dialogue with the government and/or other stakeholders as part of Bank teams.

Technical Competencies:  

• Demonstrates a solid working knowledge of retail payments, especially fast payments, the issues and challenges in implementation, the mitigation measures, e.g., approaches to extend access to financial services for the poor, financial consumer protection and financial literacy, payments systems, digital finance, policy, and regulatory reforms.
• Has experience working with governments/regulators on financial inclusion or payments, or on relevant technical assistance or financing projects.
• Demonstrates familiarity with the project life-cycle (design, preparation, implementation, and monitoring) of payments projects.
• Demonstrates knowledge of policy, payment systems and legal/regulatory issues related to access to finance products and services.