Organization;The World Bank Group
Location:New Delhi,India
Background / General description:
PLEASE NOTE THAT THIS IS A COUNTRY OFFICE POSITION IN INDIA SUBJECT TO LOCAL RECRUITMENT UNDER THE INDIA COMPENSATION PLAN. IF A STAFF MEMBER HOLDING AN HQ/INTERNATIONAL POSITION IS SELECTED INTO THIS POSITION, THEN THE STAFF MEMBER WOULD CONVERT TO A LOCAL APPOINTMENT (I.E., A LOCAL SALARY AND NO EXPATRIATE BENEFITS).
THE WORLD BANK GROUP IS COMMITTED TO ACHIEVING DIVERSITY IN TERMS OF GENDER, NATIONALITY, CULTURE AND EDUCATIONAL BACKGROUND. INDIVIDUALS WITH DISABILITIES ARE EQUALLY ENCOURAGED TO APPLY. ALL APPLICATIONS WILL BE TREATED IN THE STRICTEST CONFIDENCE.
The South Asia Region (SAR) has the largest concentration of poor people of any region, home to 1.5 billion people with over 1 billion living under $2/day. It has had high growth of 6 percent average annual rate in the last 20 years, despite its poverty, conflict, and instability. The WBG is and will continue to be a key development partner in South Asia with a current portfolio of over 200 projects and total commitments of around US$38 billion.
The South Asia Finance & Private Sector Unit (SASFP) is recruiting a Senior Financial Sector Specialist to be based in New Delhi, India. SASFP has a growing work program in the area of financial inclusion and financial stability. SASFP's financial inclusion portfolio in the region comprises operations spread across several countries in microfinance, SME lending, cooperative finance, remittances, insurance and AAA. Potential activities on agriculture insurance, banking correspondents and cluster development and risk capital financing are being discussed in several countries. On financial sector development, operations cover a range of areas including bank strengthening and restructuring and banking sector policy, reform and capacity building.
Note:
If the selected candidate is a current Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be offered a 3 year term appointment.
Duties and Accountabilities:
The Senior Financial Sector Specialist will carry out the following responsibilities with guidance and support from a Lead Financial Sector Specialist and under the direction of the SASFP Sector Manager:
- Conduct policy dialogue on financial sector issues in SAR countries, with a focus on financial inclusion;
- Lead project teams through the design, delivery, implementation and monitoring of financial sector projects (lending, economic and sector work, technical assistance) on a range of subjects such as (but not limited to) Microfinance, MSME lending, Agricultural insurance; Financial literacy and consumer protection; Financial systems;
- Help further the knowledge agenda on financial inclusion;
- Coordinate activities with financial and private sector partners, other donors;
- Mentor or coach junior FPD staff working in the same SMU;
- Support other work activities as they emerge, that support the overall growth of the unit's work program.
Selection Criteria:
- A significant and successful track record as task team leader and team member in the area of financial sector development. This will include demonstrated task management of complex and sensitive lending operations;
- Strong technical expertise and knowledge of at least one (and ideally more) of the areas of microfinance, micro-and agriculture insurance and MSME financing. Knowledge of banking sector restructuring will be an added advantage;
- Excellent analytical skills with an ability to find solutions through innovative mechanisms applied to country context;
- Excellent knowledge of the Indian financial sector and exposure in several of the SAR region countries;
- Demonstrable capability and interest in providing technical support in a wide range of developing and transitional country environments and the confidence to work with senior level officials;
- An advanced/Master's degree or equivalent in business, economics, banking or finance and a minimum of eight years of relevant experience;
- Proven capability to write briefs, technical documents, and/or working papers, to a high standard. Excellent oral and written English language communication skills;
- Strong organizational, research, analytical and oral presentation skills;
- Commitment to development work and willingness to travel.
COMPETENCIES
- Operational Project Management - Demonstrates in depth knowledge and understanding of project management tools & methodologies, as well as of Bank instruments and processes related to project preparation & implementation, resource management, and stakeholder communications.
- One FPD - FPD Knowledge & Experience - Demonstrates in-depth knowledge of FPD's product development strategy and contributed to development experience in either the financial sector and/or the private sector.
- Leadership (IFC) - Promotes Team Effectiveness and Innovates.
- Client Orientation - Maintains client relationships in the face of conflicting demands or directions and provides evidence-based advice and solutions based on sound diagnosis and knowledge.
- Drive for Results - Identifies the needed resources to accomplish results involving multiple stakeholders and finds solutions to obstacles affecting key deliverables.
- Teamwork (Collaboration) and Inclusion - Shows leadership in ensuring the team stays organized and focused, and actively seeks and considers diverse ideas and approaches.
- Knowledge, Learning and Communication - Leads in the sharing of best practice, trends, knowledge and lessons learned across units and with clients and partners, articulating ideas verbally and in writing in a clear and compelling way across audiences of varied levels.
- Business Judgment and Analytical Decision Making - Gathers inputs, assesses risk, considers impact and articulates benefits of decisions for internal and external stakeholders over the long term.
How to Applyhttp://unjobs.org/vacancies/1376519609679
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