The World Bank Is Currently Hiring A Operations Officer APPLY NOW
Background
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects.
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About The World Bank
The World Bank is an international financial institution that provides financial and technical assistance to developing countries for development projects (such as infrastructure, education, healthcare, and poverty reduction) with the goal of reducing poverty and promoting sustainable economic growth. It consists of two institutions: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).
The IBRD focuses on middle-income and creditworthy low-income countries, providing loans and other financial products and services. It raises funds through issuing bonds in the international capital markets and uses these funds to provide loans to member countries. The loans are typically provided at market-based interest rates and are repayable over a specific period.
The IDA, on the other hand, provides grants and low-interest loans to the world’s poorest countries. These loans have longer repayment periods and often carry no interest. The IDA also provides technical assistance and policy advice to help countries implement development projects effectively.
The World Bank also offers analytical and research services to member countries, providing data, analysis, and policy advice on various development issues. It conducts research on topics such as poverty, education, health, infrastructure, and climate change to inform its operations and help countries make informed policy decisions.
The World Bank Group consists of 189 member countries, each of which is represented by a Board of Governors. The Board of Governors is responsible for making major decisions, such as approving the Bank’s budget and selecting its President. The President, appointed by the Board of Directors, is the chief executive officer of the World Bank Group and is responsible for its day-to-day operations.
The World Bank collaborates with governments, civil society organizations, and other stakeholders to design and implement development projects. It emphasizes partnerships, knowledge sharing, and capacity building to support sustainable development.
It’s important to note that the information provided here is based on the knowledge available up until September 2021, and there may have been updates or changes to the World Bank’s operations and policies since then
Why work at The World Bank
Working at the World Bank can offer a range of benefits and opportunities for individuals interested in international development and making a positive impact on global issues. Here are some reasons why people choose to work at the World Bank:
- Mission and Impact: The World Bank’s primary goal is to alleviate poverty and promote sustainable development in developing countries. Working at the World Bank allows individuals to contribute directly to this mission and have a meaningful impact on the lives of people around the world. It provides an opportunity to work on projects and initiatives that address critical development challenges, such as poverty reduction, education, healthcare, infrastructure development, climate change, and more.
- Global Reach and Influence: The World Bank operates in over 100 countries and has a significant presence and influence in the international development community. Working at the World Bank allows individuals to engage with diverse cultures, work in different regions, and collaborate with professionals from around the world. It offers a platform to shape policies, provide technical expertise, and influence development agendas at a global scale.
- Professional Development: The World Bank offers a wide range of learning and professional development opportunities for its staff. It provides access to training programs, workshops, seminars, and conferences to enhance skills and knowledge in various areas of development. The organization promotes a culture of continuous learning and encourages staff to develop their expertise and advance their careers.
- Multidisciplinary Approach: The World Bank brings together professionals from various fields, including economics, finance, engineering, social sciences, public policy, and more. This multidisciplinary approach fosters collaboration and allows for a comprehensive understanding of development challenges. Working at the World Bank provides an opportunity to work with experts from different disciplines, learn from diverse perspectives, and contribute to holistic solutions.
- Networking and Partnerships: The World Bank collaborates with governments, NGOs, academia, and other stakeholders to implement development projects. Working at the World Bank offers opportunities to build networks and partnerships with these organizations and professionals in the development sector. It provides a platform to engage with experts, share knowledge, and leverage collective efforts to address complex global issues.
- Work-Life Balance and Benefits: The World Bank values work-life balance and offers a range of benefits to its employees, including flexible working arrangements, competitive salaries, health insurance, retirement plans, and support for professional and personal well-being. The organization recognizes the importance of employee satisfaction and provides a supportive work environment.
It’s important to note that working at the World Bank can be highly competitive, and the organization has specific requirements and qualifications for different positions. Interested individuals should review the specific job requirements and application processes on the World Bank’s official website or career portal to determine their eligibility and suitability for positions within the organization.
Duties and Responsibilities
The role of the Operations Officer in the FCV (Fragility, Conflict, and Violence) Group at the World Bank involves coordinating support for the Country Management Unit (CMU) and providing strategic leadership on the FCV agenda in the respective country. Here are the key responsibilities and selection criteria for the position:
Key Responsibilities:
- Strategic Leadership: Provide strategic leadership on the World Bank Group’s contributions to the FCV agenda and policy dialogue in the country. Support country management and task teams in engaging with clients and conducting dialogue on FCV-related areas.
- Analytical Work: Lead or contribute to analytical work related to FCV, with a focus on Risk and Resilience Assessments (RRA), risk monitoring, and other FCV diagnostics. Integrate these findings into the development agenda and country engagement products such as the Systematic Country Diagnostic (SCD), Country Partnership Framework (CPF), and Programmatic Learning Reviews (PLR).
- Support to CMU and Task Teams: Assist the CMU and task teams in enhancing the FCV responsiveness of programs and individual operations. Help incorporate RRA findings and recommendations into operational design and documentation. Improve quality at entry, strengthen supervision, and provide support and experience-sharing on operational approaches used in FCV settings.
- Financing and Resource Coordination: Support the CMU in accessing financing from the IDA FCV envelope, trust funds, and other sources available for the FCV agenda. Act as the focal point for liaising with government counterparts and coordinating resources with other donors and financing sources.
- Programming and Implementation: Support the CMU in implementing FCV-linked financing, including IDA, trust funds, or other sources. Lead the annual reviews of allocations under the FCV Envelope if available for the country.
- Partnerships and Engagement: Manage partnerships with other actors, including political, security, NGOs/CSOs, and humanitarian actors. Enhance linkages between development activities and promote coherent reform efforts. Monitor conflict or crisis risks, political and security developments, and assess their potential impacts on country engagement.
- Coordination and Other Activities: Coordinate various activities undertaken by the FCV Group in the country. This may include being the point person for forced displacement, implementing tools like the Geo-Enabling for Monitoring and Supervision (GEMS), working on compound risks and crisis preparedness, and addressing other priority areas.
- Comments and Knowledge Management: Provide and consolidate comments from the FCV Group on relevant documents such as ASAs (Agreement Signings), operations, and country engagement products. Contribute to knowledge management and learning activities on FCV through knowledge exchanges, sharing lessons learned, and supporting knowledge delivery in assigned countries and regions.
- Strategic Initiatives and Analytics: Provide support on FCV Group strategic initiatives, analytics, and tasks aligned with the group’s global priorities as needed.
Selection Criteria:
The following criteria are typically considered when selecting candidates for the Operations Officer position:
- Education and Experience: A Master’s degree in economics, law, social sciences, or a related discipline, along with at least 5 years of directly relevant experience.
- FCV Expertise: In-depth knowledge and experience working on FCV issues, particularly in the respective country or region. Demonstrated experience in applying this understanding to operations, analytical tasks, and strategy.
- FCV Operations and Policy: Experience in strategy development, policy dialogue, and operations in FCV settings. Ability to link political analysis with operational implications. Understanding of working with clients with limited capacity and the importance of partnerships.
- Client Focus and Results Orientation: Demonstrated client focus and drive for results, including the ability to identify and coordinate pragmatic approaches for operations in FCV contexts. Capacity to achieve early results while maintaining a strategic approach and designing and implementing longer-term responses.
- FCV Behavioral Skills: Possess the necessary mindset for success in FCV settings, including adaptability, resilience, determination, and sound judgment. Ability to work in an insecure environment.
- Direct FCV Experience: Preference may be given to candidates with direct personal and professional experience and background from diverse FCV or forced displacement-affected contexts.
- Interpersonal and Team Skills: Excellent interpersonal and team skills, along with the ability to work with a range of stakeholders, including bilateral and multilateral partners, the private sector, and civil society.
- Organizational Skills: Strong organizational skills, including the ability to prioritize, handle frequent and unexpected changes, and work within tight timeframes.
- Knowledge of World Bank Operations: Experience with World Bank operations, policies, procedures, and processes is preferred.
- Communication Skills: Strong verbal and written communication skills in both English and French.
