About the job

• Job Type : Contract

• Industry : Finance/Accountancy and Auditing/Business Administration

• Education Level : Senior level

Job Description

 Job #:   req13601

Organization: World Bank

Sector: Financial Sector

Grade: EC2

Term Duration: 1 year 0 months

Recruitment Type: Local Recruitment

Required Language(s):  English, Swahili

Closing Date: 11/11/2021 (MM/DD/YYYY) at 11:59pm UTC

The ETC position is based in the FCI Eastern and Southern Africa team in Dar Es Salaam with a proposed primary focus on the Tanzania work program, though work on other countries may evolve. With the largest economy and population in the East Africa Community (EAC), Tanzania reached middle-income status in 2020 but the economy was affected by the ramifications of the COVID-19 global pandemic and is struggling to revive strong private sector growth and improve economic productivity that would create enough jobs for its fast-growing youth population. Transformation to a more modern industrialized economy that would accelerate job growth and higher incomes requires the strengthening of the investment climate and conducive government policies for increasing private investment and entrepreneurship. Financially inclusive, gender-empowered private sector growth is enshrined in the World Bank Group’s (WBG’s) Systematic Country Diagnostic (SCD) and Country Partnership Framework (CPF) and is at the heart of the Bank’s dialogue with the authorities, who are demanding increasing assistance from FCI on this agenda.  In the context of the global pandemic the timing is critical to support the client’s commitment to structural reforms necessary to unlock economic growth, by strengthening the Bank’s engagement and expert resources around financial and private sector development and competitiveness issues.

This position offers an opportunity to be an integral part of the Bank’s engagement to support this reform process and represent FCI in a key role in the country engagement. Work includes contributing to knowledge and advisory activities following a recent private sector diagnostic conducted jointly by the World Bank and the Ministry of Finance and Planning in 2021, contributing to the dialogue with client counterparts on the private sector agenda, and contributing to and supporting any lending operations including those supporting the economic response to Covid-19.

 Job Duties and Responsibilities:

Amongst other things, the candidate will be expected to:

Support dialogue and work program engagement on issues relating to business environment, investment climate, competitiveness, trade, and other private sector issues as well as on financial sector development; participate or lead in specific knowledge and operational activities; coordinate and participate as a member of FCI missions (mission preparation, supervision, contribution), conduct independent discussions with client representatives on issues as needed. Support the FCI team in the preparation of briefing material on country program/sector issues. Produce technical notes, briefings, presentations, etc. as requested by Management. Work closely with the Program Leaders/Country Economists and country managers to ensure the integration of relevant private sector and financial issues in country strategies, SCDs/CPFs and work programs and country policy dialogue and engagement. Coordinate delivery of work and research with the FCI Global Unit, other Global Practices, IFC, and donors. Business Development: cultivate strategic relationships with country clients and the World Bank Country Management Unit and contribute to building the FCI engagement in line with country priorities.

Selection Criteria

  This job requires a seasoned Private Sector Development (PSD) professional with strong client relationship management, technical and operational skills.  The following qualifications will be considered:

Masters level or equivalent qualification with minimum 5 years of relevant professional experience in the areas of finance, business, management, economics or related discipline. The ideal candidate would have work experience and solid knowledge in one or more of the following topic areas: business environment and investment climate, investment policy and promotion, competitive industries and sectors, SME upgrading, entrepreneurship including digital entrepreneurship, competition policy and issues, as well as good understanding and experience of financial sector issues. Familiarity with Bank operational policies for lending and core analytics in the private sector development space is a plus. Experience working with the public sector and Government institutions and good understanding of the policy, institutional and political context in Tanzania. Proven capacity to engage in and influence policy discussions at the country level on private sector development, investment and competitiveness issues. Strong results focus, with a track record of leading teams to deliver high impact projects and activities. Should be a mature professional with a demonstrated ability to work across boundaries and work in a culturally diverse environment. Excellent writing and presentation skills in English.

World Bank Group Core Competencies

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Note: The selected candidate will be offered a one-year appointment, renewable for an additional one year, at the discretion of the World Bank Group, and subject to a lifetime maximum ET Appointment of two years. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Former and current ET staff who have completed all or any portion of their second-year ET appointment are not eligible for future ET appointments.

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