Analyst

Job #:

req27592

Organization:

World Bank

Sector:

Private Sector Development

Grade:

GE

Term Duration:

4 years 0 months

Recruitment Type:

Local Recruitment

Location:

Washington, DC,United States

Required Language(s):

English

Preferred Language(s):

Closing Date:

6/3/2024 (MM/DD/YYYY) at 11:59pm UTC

Description

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. Visit www.worldbank.org.

The Finance, Competitiveness, and Innovation (FCI) Global Practice 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. FCI's core lines of business are: (a) Financial Stability & Integrity; (b) Financial Inclusion, Infrastructure & Access; (c) Long-Term Finance; (d) Crisis & and Disaster Risk Finance; (e) Markets, Competition and Technology; and (g) Investment Climate. For more information, please visit https://www.worldbank.org/en/about/unit/fci

Position Context

The Gulf Countries CMU (MNCO5) consists of five countries: Saudi Arabia, United Arab Emirates, Kuwait, Qatar, Sultanate of Oman, and Bahrain and spans its engagement in and around these countries mainly through Reimbursable Advisory Services (RAS) programs that support technical assistance, and ASA, all underpinned by a strong multifaceted policy dialogue. The CMU is headed by a Country Director based in Riyadh (Saudi Arabia) and includes two Country Offices: one in Kuwait and the other in Abu Dhabi (UAE). EFI has a large portfolio of analytical and advisory work in the GCC Countries.

The World Bank has an extensive multi-million-dollar Reimbursable Advisory Services (RAS) program that supports technical assistance, and ASA, all underpinned by a strong multifaceted policy dialogue. Within this program, FCI has established a broad range of partnerships, including with the Ministry of Commerce (MoC), Ministry of Investment (MISA), National Competitiveness Center (NCC), and the General Authority for Competition (GAC) in Saudi Arabia, Ministry of Finance in UAE, Kuwait Direct Investment Authority (KDIPA) in Kuwait, Ministry of Commerce, Industry, and Investment Promotion (MoCIIP) in Oman, Department of Economic Development in Abu Dhabi to provide technical support to help these agencies in achieving their strategic goals. These engagements aim to support these countries in implementing reforms to improve and enhance their investment climate and improve the competitiveness of the private sector for sustainable growth. FCI reform activities cover such areas as investment policy and promotion, business environment, productivity growth, entrepreneurship and SME support, financial sector development, competition policy, green competitiveness, trade and services, among others.

Note: This internal requisition is open to WBG and IMF staff only (including short-term and extended term consultants/ temporaries). External candidates are requested not to apply. In case an external candidate applies, their application will not be considered.

Duties and Responsibilities

MNA FCI East seeks to hire an experienced and highly motivated Analyst with expertise in RAS. The Analyst will play a proactive role in providing a full range of effective, high quality operational and analytical support to FCI MNA East Team to implement and further develop the FCI RAS program. The duties and responsibilities include, but are not limited to, the following main tasks:

• Operational Support
  • Provide on-demand operational support to teams on lending, active portfolio, and ASAs with the main focus on the RAS program and ensure adherence to regional and global quality requirements.
  • Assist teams in a time-sensitive and constructive manner in resolving operational issues including issues related to the operations portal.
  • Support the preparation and review of project documents, such as Concept Notes, Implementation Status and Results Reports, Project Appraisal Documents, Restructuring Papers, aide memoires, ASA reporting documentation, and provide timely feedback to project teams.
  • Provide direct project support on selected projects as agreed with the Practice Manager and prepare timely draft responses to requests from counterparts on behalf of Task Team Leaders.
  • Participate in selected preparation and implementation support visits as needed, provide guidance on Bank procedures/processes, and contribute to mission documents (e.g., aide memoires, management letters).
  • Support TTLs in coordinating across task team members, including across GPs (e.g., EFI, Environmental and Social, and CMUs).
  • Support on-demand research and data collection and contribute to drafting of reports, proposals, and briefs.
  • Represent the unit in MNADE quality practitioners' group.
  • Contribute to the design and implementation of regional, sub-regional events (online events and/or in-person events).
• Portfolio Management
  • Monitoring of progress on deliverables by providing actionable information to the Practice Manager and unit Operations Support Team for decision making.
  • Prepare tables and regular operational updates on the status of the portfolio. Contribute to active portfolio monitoring, identifying risks and issues.
  • Respond to requests for portfolio data for the Unit; take the lead on responses for ad-hoc information requests from internal and external parties and review and provide inputs on corporate requests and documents and ensure consistency in messaging across briefs and updates.
• Quality Assurance
  • Serve as a resource person on issues related to the Unit's portfolio advising teams on timelines, Bank guidelines and policies.
  • Review operational and technical documents for compliance with operational guidelines (e.g., on Implementation Status Reports, Implementation Completion and Results Reports, Project Restructuring Papers, aide memoires/management letters, ASA reports), and prepare feedback to teams.
  • Join regional and global deliverables/portfolio meetings, as needed.
• Budget Monitoring
  • Regularly monitor the unit budget performance and compliance.
  • Run a monthly budget status reports (PM targets, commitment, TF) using reports and SAP.
  • Work effectively on the budget plan, focusing on specific details concerning the project scope and associated costs.
  • Prepare estimate cost of projects or activities funded by RAS, EFO, BETF or BB using costing tool.
  • Work closely with the PM and BPS colleagues on budget issues, monitoring and action plans.
• Trust Fund Monitoring
  • Closely monitor with TTLs on TF closing dates, extension of TF closing dates.
  • Ensure TFS are legally closed.
  • Provide guidance to the teams on Trust Fund Monitoring.
  • Knowledge Management and Coordination Support
  • Coordinate FCI MNA events, retreats, workshops and learning sessions
  • Handle other ad-hoc operational and analytical tasks as needed, in support of the FCI Practice Manager and Unit's Leadership team. Serve as a backup for EFI MNA operational colleagues when needed.

Selection Criteria

• Master's Degree in business administration, economics or equivalent with at least 2 years of relevant experience, preferably in FCI sector operations.
• Knowledge of Bank operations, policies and procedures and thorough understanding of the different project cycles for lending, non-lending operations, and country products.
• Solid understanding of Bank policies and practices related to operations.
• Solid understanding of instruments (IPF, PforR, ASA, RAS).
• Some experience in the preparation of Bank analytical work a plus.
• Solid experience in contract management, budget, and TF/ASA/RAS administration.
• Good knowledge of WPA and budget preparation and monitoring.
• Familiarity with Bank quality standards and of corporate priorities.
• Ability to treat sensitive and confidential information with a high level of discretion and care.
• Ability to take personal responsibility and accountability for timely response to client queries and act as liaison with different stakeholders/ external partners.
• Proven ability to work both independently and in diverse teams.
• Excellent knowledge of Microsoft, Excel, PowerBI and PPT and World Bank software applications: Outlook, administration portal, operations portal/workspace, business intelligence, client connection, FM system, RM reports etc.
• Excellent interpersonal, written, and oral communication skills, ability to listen carefully and provide sound advice in a constructive manner; ability to convey ideas and positions clearly and tactfully to staff and managers at all levels.
• Excellent and effective command of English both verbally and in writing is required.

World Bank Group Core Competencies

The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.

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.