Title: Senior Private Sector Specialist
Job 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. For more information, 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) Firm Capabilities & Innovation; (d) Long-Term Finance; (e) Climate & Risk Management; (f) Markets and Technology; and (g) Investment and Competition. For more information, please visit https://www.worldbank.org/en/about/unit/fci
Eastern and Southern Africa: Home to about half a billion of Africa’s people, Eastern and Southern Africa is a geographically, culturally and economically diverse region of 26 countries stretching from the Red Sea in the North to the Cape of Good Hope in the South. Children under 18 make up almost half of the total population. The subregion boasts of some of the world’s richest human and natural resources and, apart from South Africa, the countries are predominantly raw material exporters.
The subregion harbors some of Africa’s protracted conflicts, rendering many of its countries fragile, while significant gaps in education, health, and skills development continues to keep people from reaching their full potential. This creates a huge development challenge, impacts heavily on the lives and livelihoods of people, and hinders regional integration and trade. But it also creates an opportunity to work closely with country leaders, civil society, development partners, and young people to chart a brighter course for the future.
The World Bank’s Eastern and Southern Africa Region, comprised of approximately 1,207 staff, mostly based in 26 country offices, has been helping countries realize their considerable development potential by focusing on the following priorities:
The position is for the Finance Competitiveness and Innovation (FCI) East Africa Unit to be based physically in the World Bank Dar Es Salaam office. The primary focus of activities will be on the Tanzania work program, although cross-support to other countries may evolve. This position offers an opportunity to be an integral part of the World Bank’s engagement to support the country’s reform process and to work closely with policy makers, civil society, development partners, and the private sector to chart a brighter course for the future. The current FCI country portfolio includes a strong engagement with the Bank of Tanzania (BOT) on financial sector deepening and reform; an enterprise survey; advisory and technical assistance (TA) on private sector reform and institutional building; policy dialogue and regulatory reform advisory to improve the business and investment environment; and a lending operation to facilitate financing private sector growth and competitiveness. The work includes leading knowledge and advisory activities and managing the dialogue with client counterparts on the private sector agenda and the financial sector to a certain extent, contributing to and supporting lending operations, and business development. Specific tasks and requirements are explained below.
Job Duties and Responsibilities:
Selection Criteria
This job requires a seasoned Private Sector Development (PSD) professional with some knowledge of financial sector issues and strong client relationship management, technical and operational (lending and ASA) skills. He/she will have demonstrated an ability to manage tasks independently and deliver results on the ground. The following qualifications will be considered:
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.
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