Location:

New York, United States
Salary:

negotiable / YEAR
Job type:

CONTRACTOR
Posted:

5 months ago
Category:

Budget and Accounting, Finance
Deadline:

16/08/2024

JOB DESCRIPTION

ABOUT THE COMPANY:

non profit

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.

Please visit www.worldbank.org.

About Finance, Competitiveness & Innovation Global Practice (FCI GP)

The World Bank’s Prosperity Practice Group provides support to low and middle-income countries to build the foundations for inclusive and sustainable growth and, thereby, make progress towards achieving the World Bank’s goals of reducing poverty and boosting shared prosperity in a sustainable way.

The Prosperity Practice Group includes the Global Practices of Finance, Competitiveness and Innovation (FCI) – with Finance & Trade, Investment and Competitiveness; Macroeconomics, Trade and Investment; Governance; Poverty and Equity; and Jobs.

Globally, FCI (Finance) leads the dialogue on defining international standards for financial systems and the development of guidance and best practices, closely engaging with the G20, the Financial Stability Board, standard-setting bodies, the UN, among others.

Working across more than 120+ countries, FCI (Finance) helps governments and financial sector authorities to ensure that stable, transparent, inclusive and deep financial systems support the real economy, crowd-in private sector, provide financial protection, and accelerate green, inclusive and job-rich growth.

Key thematic areas of FCI (Finance) include:

• Financial Stability & Integrity (ensuring countries’ financial systems are stable, sound and transparent)

• Financial Inclusion, Infrastructure & Access (supporting access to and use financial services by households and firms; strengthening payment systems and market infrastructures; and credit infrastructure,)

• Long-Term Finance (helping countries deepen and diversify their financial sectors, facilitating long term finance through capital markets, and strengthening the role of institutional investors)

• Climate & Risk Management (supporting countries to become more resilient and able to mitigate the impact of natural disasters combining financial and insurance tools).

Across all its thematic areas, FCI (Finance) focuses its delivery on digitalization in the financial sector, the use of cutting-edge solutions to help transition to a climate-resilient global economy, while expanding access to and usage of financial services for women and other underserved groups and enabling and mobilizing private capital – both domestic and international.

Partnerships, convening services and knowledge sharing are at the core of the delivery, given the multipronged nature of the financial sector.

Key stakeholders include the World Bank Global Practices, International Monetary Fund (IMF), International Finance Cooperation (IFC), Multilateral Investment Guarantee Agency (MIGA), Consultative Group to Assist the Poor (CGAP), and other public and private sector partners across various sectors and industries, international organizations, and standard-setting bodies.

As part of the WBG’s evolution process, FCI is strengthening results measurement of the operations to contribute high quality results data to the new WBG Corporate Scorecard reporting.

Duties and Accountabilities

FCI GP is seeking an experienced and motivated Senior Operations Officer to lead the results reporting of the Corporate Results Indicators (CRIs) relevant to the FCI (Finance) GP which will contribute to the new WBG Corporate Scorecard, IDA Results Monitoring, and Gender Strategy updates.

She/he will work in close coordination with FCI – Finance team, Prosperity Practice Group Front Office, OPCS, other GPs as well as IFC and MIGA as relevant.

She/he will report to the Practice Manager, Financial Inclusion, Infrastructure, and Access. The Senior Operations Officer will undertake the following duties and responsibilities:

• Review, clean and analyze results indicators pulled from the World Bank project portfolio, in coordination with respective task teams and GP technical experts and submit aggregated data for the Scorecard update, following the agreed methodology.

• Develop and maintain data tracking system to collect results data from relevant operational documents (e.g., PADs, ISRs, ICRs, etc.), including producing disclosable database to accompany the Scorecard data.

• Perform results data analysis to better support management in the decision-making process for various corporate requirements in addition to corporate results reporting.

• Manage production of results narratives with relevant task teams as needed.

• Ensure that task teams submit quality results data through relevant operational reporting mechanism (e.g., PADs, ISRs, ICRs, etc.) by providing guidance, quality assurance and feedback in coordination with relevant teams (e.g., FCI – Finance team, Prosperity Practice Group Front Office, task teams, OPCS, etc.).

This includes development and maintenance of task team guidance as well as delivery of training and hands-on advice for task teams as necessary.

• Keep abreast of institutional policies and procedures on corporate reporting to ensure results reporting from FCI GP aligns with them.

• Update the methodology note and task team guidance as needed, in collaboration with relevant teams, as lessons learned emerge from the new Scorecard implementation.

• Other operational and results measurement tasks to support the FCI GP’s work.

Selection Criteria

• Master’s degree in finance, economics, or in a related field, and at least eight years of relevant professional work experience.
• Demonstrated knowledge and hands-on experience in financial sector development, specifically in financial inclusion.
• Good understanding of financial products and services markets, including, credit, deposit products and services and retail payments, as well as digital innovations in the financial sector.
• Knowledge of financial sector development, financial inclusion and digital financial services and typical financing and technical assistance engagements and instruments used by multilateral development banks and development community in these areas, would be an advantage.
• Demonstrated knowledge and hands-on experience in quantitative analysis of large data sets, monitoring and evaluation (including knowledge of theory of change, results framework, indicators development, results-based management tools and systems, SDGs, country level outcomes).
• Solid knowledge of World Bank’s results frameworks and M&E plans, relevant policies and procedures and key principles to assess and evaluate development results.
• Demonstrated experience of the WBG corporate results reporting (e.g., Corporate Scorecard, IDA RMS), as well as good understanding of the new WBG Corporate Scorecard and Corporate Results Indicators.
• Highly developed analytical and problem-solving skills with a strong results orientation.
• Excellent writing and analytical skills, including the ability to draft presentations, concept notes, outcome reporting, and other written communications.
• Strong interpersonal, relationship building and diplomatic skills.
• Demonstrated initiative and drive for results including ability to work well also under high pressure and tight deadlines.
• Proven ability to handle databases, advanced excel capabilities, and data presentation.
• Good familiarity with operational products, processes, and policies of the World Bank.
• Ability to apply a practical approach to problem solving, produce high quality work outputs, effectively prioritize, and adapt to competing and unexpected demands.
• Demonstrated ability to work across organizational boundaries and to function effectively both as a member of a team and individually as required.

Core Competencies

• Knowledge and Experience in Financial Inclusion – Demonstrates technical and cross-country knowledge on financial sector development, with a specific focus on financial inclusion
• Integrative Skills – Understands relevant cross-sectoral areas how they are interrelated; able to undertake cross-sectoral work in lending and non-lending operations.
• Developing a Results Framework for monitoring & evaluation – Demonstrates knowledge of results-based M&E system including theory of change, and ability to identify outcomes, define indicators, collect baselines, set targets, and monitor progress against them.
• Data collection and management – Demonstrates knowledge of data collection techniques, ability to establish data collection plan, data quality assurance and reporting guidelines.
• Communicating, sharing knowledge on monitoring and evaluation findings: Demonstrates ability to develop and communicate M&E results, tailored to specific audience and needs.
• Sustaining the M&E system and managing partnerships: Demonstrates ability to manage the planning and implementation of activities to build M&E capacity at individual and team levels to support a unified and effective M&E system.
• Internal and external stakeholder collaboration.

Familiarity with the Bank Group’s organizational structure, complementarities among different Bank Group agencies, with an ability to apply this knowledge.
• Bank instruments, policies, and procedures.

Knowledge of key strategic, analytical, and financing instruments. Good knowledge of Bank operational policies and procedures. Advanced knowledge and practical skills in using key relevant WBG data systems and tools such as the Ops Portal, Standard Reports, Business Intelligence, etc.
• Strategy Formulation and Policy and Program Design. Knowledge and experience of sector, thematic, and/or country-relevant cross-cutting and/or macro issues relevant to World Bank Group’s work.

Knowledge of roles and interactions of different operational and corporate departments.

Ability to translate understanding of key corporate and development partner initiatives related to country engagement into formulating options for Bank engagement.
• Team and Leadership Skills. Ability to serve as a team member making contributions and taking responsibility for operational tasks assigned. Ability to make good judgment and step in to help resolve obstacles, building credibility with colleagues.

World Bank Group Core Competencies

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, ethnicity, sexual orientation, or disability.

Learn more about working at the World Bank and IFC, including our values and inspiring stories.

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