E T Consultant
vor 3 Wochen
**Job #**:
- req20790**Organization**:
- World Bank**Sector**:
- Financial Sector**Grade**:
- EC3**Term Duration**:
- 1 year 0 months**Recruitment Type**:
- Local Recruitment**Location**:
- Geneva,Switzerland**Required Language(s)**:
- English**Preferred Language(s)**:
- French**Closing Date**:
- 2/1/2023 (MM/DD/YYYY) at 11:59pm UTC**Description**
The global development community is at an auspicious turning point in history. Thanks to the success of the past few decades and favorable economic growth, developing countries now have an unprecedented opportunity to end extreme poverty within a generation. This is the vision of the WBG: to eradicate extreme poverty by reducing the number of people living on less than $1.90 a day to 3 percent by 2030, and promote shared prosperity by fostering the income growth of the bottom 40 percent in every country.
To achieve this vision, the WBG Board of Governors approved a strategy for the organization in 2013. This strategy leverages, for the first time, the combined strength of the WBG institutions and their unique ability to partner with the public and private sectors to deliver customized development solutions backed by finance, world class knowledge and convening services. The strategy has three components: (1) maximizing development impact by engaging country clients in identifying and tackling the most difficult development challenges; (2) promoting scaled-up partnerships that are strategically aligned with the goals; and (3) crowding in public and private resources, expertise and ideas.
The architecture underpinning the strategy and instrumental to its success is an operating model introduced in July 2014 based on fourteen Global Practices (GPs) five Cross-Cutting Solution Areas (CCSAs). Since July 1, 2015 these 14 GPs are organized under 3 Practice Group Vice Presidencies: Sustainable Development (SD); Economics, Finance and Institutions (EFI); and Human Development (HD).
**THE ROLE OF THE GLOBAL PRACTICE FOR FINANCE, COMPETITIVENESS AND INNOVATION (FCI) IN THE WBG**
As of January 1, 2018, EFI created the Finance, Competitiveness and Innovation (FCI) Global Practice, bringing together Finance and Markets (F&M) and Trade and Competitiveness’ (T&C’s) private sector development specialists. FCI is comprised of about 700 staff working across more than 120 countries. The goal of the new Global Practice is to capitalize on the synergies between F&M and T&C in fostering private-sector led growth. It aims to work toward creating an enabling environment in which financial stability, efficiency, and firm-level solutions are provided in an integrated way to crowd in the private sector, support the creation of markets, and accelerate equitable growth. FCI also houses the IFC Implementation Units focused on implementing public sector advisory work in support of the finance and entrepreneurship agenda across all six regions.
About one third of FCI professional staff are decentralized to the field working closely with the CMUs and in proximity to clients. FCI professionals also lead or participate in a wide variety of ASA and client advisory work that add to the core expertise delivered to client countries. Knowledge and learning is a central part of the FCI agenda, with work focused on the following thematic areas: (a) Financial Stability and Integrity; (b) Long Term Finance; (c) Financial Inclusion and Infrastructure; (d) Industry Solutions; (e) Firm Capabilities and Innovation; and (f) Climate and Risk Management. FCI will work closely with the other newly formed Global Practice for Macroeconomics, Trade and Investment (MTI) on systematic country diagnostics, country strategies, policy lending and other private sector diagnostics, ASA and lending activities.
The Financial Inclusion, Infrastructure and Access unit in the FCI Global Practice sits within the Financial Inclusion, Infrastructure and Access Global Practice (FCI EFNFI) that works on a range of areas including, insolvency secured transactions, credit reporting, digital finance, financial inclusion, and financial consumer protection.
The Extended Term Consultant (ETC) will be based in the Financial Stability Institute (FSI) of the Bank for International Settlements in Basel, Switzerland for up to 2 years, to help support its financial inclusion activities.
The FSI was jointly created by the Bank for International Settlements (BIS) and the Basel Committee on Banking Supervision (BCBS) to assist financial-sector supervisors and financial regulatory authorities worldwide in strengthening their financial systems.
The FSI achieves its mandate by: (i) disseminating global financial standards; (ii) facilitating the adoption of sound supervisory practices; and (iii) contributing to capacity building in supervisory authorities and central banks. The FSI carries out these tasks through the following activities: policy implementation work; outreach events; and FSI Connect, the BIS’s e-learning tool. Fu
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