Private Sector Specialist
|Sector:||Private Sector Development|
|Term Duration:||3 years 0 months|
|Recruitment Type:||Local Recruitment|
|Required Language(s):||English, Chinese|
|Closing Date:||6/8/2023 (MM/DD/YYYY) at 11:59pm UTC|
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, visit www.worldbank.org
East Asia and the Pacific (EAP) Region
EAP is a large and diverse region, ranging from Small Island States of the Pacific to the Philippines and China. Despite substantial economic growth and poverty reduction, the EAP region faces huge development challenges. Growth has been uneven across and within countries, institutions still need strengthening, and most countries are heavily affected by climate change. The Bank plays a significant role on global public goods, including climate, biodiversity, water pollution, and health. The COVID pandemic, and more recently food and energy price increases are compounding the impact of the global economic slowdown. The World Bank Group is seen as a premier development institution in the Region, with a leadership role on analytical and advisory services as well as financing.
East Asia and the Pacific Region: https://www.worldbank.org/en/region/eap
The Finance, Competitiveness and Innovation (FCI) Global Practice (GP)
The FCI GP, a part of the Equitable Growth, Finance and Institutions (EFI) Practice Group (PG), support private-sector led growth and help create markets in client countries. https://www.worldbank.org/en/about/unit/fci
The EAP FCI team supports its client countries in the region through designing and implementing innovative lending operations! It also provides cutting-edge advisory services and high-quality analytical work designed to support policymakers in a range of issues related to financial sector development, strengthening private sector competitiveness, and supporting innovation.
The Private Sector Specialist will report to the EEAF1 Practice Manager. The selected candidate will spearhead FCI activities in improving business environment, greening production and supporting innovation. They will also serve as the main in-country liaison with senior clients providing technical inputs to analytical work on private sector issues such as business environment, green growth, productivity, innovation, competitiveness and entrepreneurship; SME and value chain development; and investment climate reform. They will be expected to actively participate in multi-sectoral teams involved in policy-based operations or advisory programs ensuring the integration of key FCI thematic areas in the country work program.
Duties and responsibilities
The China work program of the World Banks FCI Global Practice covers a variety of analytical and operational projects aimed at enhancing the business environment, green growth, innovation and broader private sector development.
Under the direction of the FCI Practice Manager and the Task Team Leader (TTL) for China, the selected candidate will support FCIs work program across several topics. Specifically, the selected candidate is expected to:
Participate in to the development of the FCI GPs portfolio by creating and maintaining relationships with government and private sector counterparts
Contribute to high quality research and analysis across the private sector development technical areas, playing a substantial role in drafting various Policy and Technical Notes
Support FCI teams in designing and implementing lending operations, working with Task Team Leaders
Support the integration of relevant private and financial sector issues in the WBG Country Strategy, Systematic Country Diagnostics, Country Partnership Frameworks and work programs.
Contribute to other technical reports and other World Bank products such as the China Economic Updates and other deliverables related to policy dialog with senior Chinese authorities
Provide inputs to other GPs on TIC-related policies
Establish strategic partnerships with development partners and leading donor coordination efforts on private sector development issues
Communicate results effectively with clients, partners, beneficiaries, general public, internal and external partners
Support the TTL in maintaining relationships with key government counterparts
Coordinate and work with the International Finance Corporation (IFC) as needed on relevant diagnostics, advisory work and operational activities
Masters degree in international development, public policy, finance, economics or equivalent
Minimum of 5 years of directly relevant experience, or related experience, especially in development policy research and private sector development analysis; prior experience in a multilateral development bank would be a plus
Fluency in both English and Chinese required, with excellent oral and writing skills in both languages
Solid knowledge and experience of the Chinese private sector including familiarity with data across different market segments and good knowledge of key government counterparts, institutions and other market players
Experience working with data and strong skills in quantitative analysis
Ability to multi-task and manage a range of assignments, as well as prioritize and coordinate with team members
Strong interpersonal communication and standout teammate who can work as a member of a multi-disciplinary and multi-cultural team
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 theWorld BankandIFC, including our values and inspiring stories.