Practice Manager, Crisis and Disaster Risk Finance

Job #:
req32661

Organization:
World Bank

Sector:
Financial Sector

Grade:
GH

Term Duration:
4 years 0 months

Recruitment Type:
International Recruitment

Location:
Washington, DC,United States

Required Language(s):
English

Preferred Language(s):

Closing Date:
4/21/2025 (MM/DD/YYYY) at 11:59pm UTC

Description

*The default location is Washington, DC, but based on business needs, other locations could be considered.

Do you want to build a career that is truly worthwhile? 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 and promoting shared prosperity. 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.

PROSPERITY VICE PRESIDENCY

The Prosperity Vice Presidency is one of the World Bank Group's five verticals, with a mandate that emphasizes "Growth, Finance, and Institutions for all." Our approach leverages data-driven analysis and combines expertise from both the public and private sectors, together with International Finance Corporation (IFC). The Prosperity Vice Presidency supports clients in advancing evidence-based structural reforms to establish the foundations for inclusive and sustainable growth in the thematic areas of macro-fiscal policy; financial sector resilience, access, and deepening; private sector development, trade, and competitiveness; and governance and public sector reform, including statistical capacity. Prosperity is comprised of five Global Departments.

Finance, Competitiveness and Investment (FCI) Global Department

The FCI Global Department is comprised of two directorates: the Finance directorate, and the Trade, Investment and Competitiveness (TIC) directorate.

The FCI Global Department is seeking a Practice Manager to lead the Crisis and Disaster Risk Finance Team. The Crisis and Disaster Risk Finance Team draws on experienced professionals with skill sets covering all areas of climate and disaster risk finance and insurance. Collectively, the team assists countries in areas from policy formation to regulation and supervision to investment and creating new financial products against climate and disaster shocks, including index insurance and disaster risk financing. The team focuses in two primary areas: (i) enhancing access of households as well as small and medium enterprises to suitable financial services to foster access to and usage of financial services, increase productivity and income, reduce vulnerability to shocks; and (ii) increasing the financial resilience of countries against natural disasters by implementing sustainable and cost-effective financial protection policies and instruments.

The Practice Manager will lead an integrated WBG team of professionals that provides expertise and advisory services across these areas and collaborate with other Departments inside and outside the Prosperity Vice Presidency and WBG regional teams to design and implement financing, analytical and advisory projects. The default location is Washington, DC, but based on candidate preferences, other locations could be considered.

Roles & Responsibilities

The PM will be responsible to lead the Crisis and Disaster Risk Finance Team. The PM is a member of the FCI Global Department Leadership Team and coordinates closely with colleagues in the global team and in Regions. The PM is also a member of the FCI Talent Board that oversees the strategic staffing, career development and deployment of GP staff across the Bank. His/her responsibilities will include:

Solutions and Results to Clients
• Leads her his team to deliver the WBG, Vice Presidency and Global Department key strategic priorities and, in collaboration with Country Directors, ensures alignment with the WBG Strategy, notably on Knowledge and Partnerships, and Country Partnership Framework.
• Draws on thought leadership and implementation know-how to ensure high impact multi-sectoral solutions.
• Builds and maintains a balanced portfolio of innovative, cost-effective, and demand-driven products and services.
• Works in partnership with other managers, as well as public and private stakeholders, to find tailored and holistic solutions to complex development challenges.
• Accountable for delivering high-quality and timely results.

People Talent Management
• Models exemplary WBG leadership values and managerial behaviors and reinforces these qualities in own team and staff.
• Drives and inspires technical excellence within the team and the Global Department by creating an environment of learning and innovation that attracts and develops the best talent reflective of the diversity of our clients.
• Supports Global Department management in developing and implementing appropriate strategies for global staffing, deployment, talent, and performance management.

Knowledge Management
• Ensures that the Global Department is at the forefront of the development debate and contributes to the global dialogue in the area of expertise of the Finance Directorate.
• Ensures timely flow and capture of knowledge and expertise so that clients receive the highest quality support and knowledge they need, when and where they need it.
• Promotes innovative and cross-cutting research, as well as the dissemination of technical and experiential knowledge and learning.
• Instills a culture of evidence-based, yet client tailored engagement for highest development impact.

Resource Management
• In consultation with relevant stakeholders within the WBG, decides on the best use of internal and external resources for maximum client and developmental impact.
• Is accountable for delivering the agreed upon work program through cost-effective use of resources (human and budget) within the agreed parameters and in compliance with internal controls and policies and ensures timely delivery and overall quality of outputs.

Communication
• Development and representation of the Global Department 'brand'.
• Effective communication to various audiences, including key stakeholders, clients, beneficiaries, general public, internal and external partners.

Selection Criteria
• A Master's degree (Ph.D. preferred) in finance, economy, or financial economics, with at least twelve (12) years of relevant professional experience.
• Strong technical knowledge and experience (in EMDEs preferably) in most of the areas relevant to climate, crisis and disaster risk finance.
• Solid understanding of - or substantial past exposure to - the international financial architecture (Financial Stability Board, Standard Setting Bodies, G20, G7....)
• Excellent leadership and supervisory skills, and experience in leading teams for results and innovation.
• Demonstrated in-depth experience and track record of results and successfully working across practices, disciplinary and institutional boundaries. Good partnership experience, including involving multiple partners - both public and private - in building collaborative alliances for results.
• Strong sense of strategy, including ability to conceptualize, prioritize and be selective. Demonstrated ability to influence and lead the development agenda at the country or regional level in the topical areas.
• Experience in applying practical know-how and effective policy dialogue to achieve development results.
• Strong written and oral communication skills with proven experience in dealing with the media, external constituencies, and expert groups, including at senior level, as well as influencing / "soft diplomacy" skills/

WBG Managerial Competencies: https://bit.ly/2kDjXkr

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.

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Practice Manager, Crisis and Disaster Risk Finance