E T Consultant
Job #: req658
Sector: Private Sector Development
Term Duration: 1 year 0 months
Recruitment Type: Local Recruitment
Location: Dar Es Salaam, Tanzania
Required Language(s): English
Closing Date: 10/5/2018 (MM/DD/YYYY) at 11:59pm UTC
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with more than 2,000 businesses worldwide, we use our capital, expertise, and influence to create markets and opportunities in the toughest areas of the world. In FY17, we delivered a record $19.3 billion in long-term financing for developing countries, leveraging the power of the private sector to help end poverty and boost shared prosperity. For more information, visit www.ifc.org.
GLOBAL PRACTICES & CROSS-CUTTING SOLUTIONS AREAS
Established in 1944, the WBG is one of the world’s largest sources of funding and knowledge for development solutions. In fiscal year 2015, the WBG committed $60 billion in loans, grants, equity investments and guarantees to its members and private businesses, of which $19 billion was concessional finance to its poorest members. It is governed by 188 member countries and delivers services out of 120 offices with nearly 15,000 staff located globally.
The WBG consists of five specialized institutions: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for the Settlement of Investment Disputes (ICSID).
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. Finance, Competitiveness and Innovation is comprised of about 700 staff working across more than 120 countries. The new Global Practice will capitalize on the synergies between F&M and T&C in fostering private-sector led growth. It will 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.
Background & General Description:
In Tanzania, FCI’s portfolio consists of lending operations, technical assistance advisory programs and analytics. The team is seeking to recruit a Dar es Salaam based seasoned Senior Private Sector Specialist to primarily lead implementation of one of its technical assistance advisory programs, namely, the Investment Climate Advisory Services program (“ICAS II”, also known as the Business Enabling Environment Support or “BEES” program). Building upon an earlier advisory program (i.e., ICAS I), the BEES program is a five-year, US$7 million dollar program aimed at supporting the Government of Tanzania to promote sustainable and inclusive economic growth through better economic foundations, increased trade and investment and business growth support. The program, which will have a specific focus on small and medium sized enterprises, has been designed across two pillars: 1) Horizontal reforms aimed at addressing economy-wide market failures impacting the broader enabling environment (e.g., business regulation, tax administration and trade); and 2) Sector-specific vertical reforms aimed at addressing market failures and promoting new investment in priority growth sectors for agribusiness, tourism and light manufacturing.
The World Bank Group is committed to achieving diversity in terms of race, gender, nationality, culture, and educational background. Individuals with disabilities are equally encouraged to apply.
Under the supervision of the program’s Task Team Leaders, the Senior Private Sector Specialist will have front-line responsibility for supporting delivery of the BEES reform program. Specific responsibilities will include, but not be limited to, the following:
• Working with teams of technical specialists, take overall responsibility for the implementation of the BEES reform program and achievement of the program objectives. This would include leading discussions with clients and partners (including academic partners and the private sector), providing technical input and ensuring adequate coordination and appropriate integration of each of the program’s components to ensure that implementation of the program stays on track and is delivered with high quality.
• Taking lead responsibility for the management of the relationship with the country clients, development partners and other program stakeholders, including other internal WBG units.
• Leading coordination of all BEES missions in the country, taking into consideration client relations (e.g. optimizing synergies) and ensuring integration, as appropriate with the broader FCI and WBG teams.
• Taking responsibility for all internal program reporting needs, including reporting on activities, outputs, outcomes and impact achieved by the program overall and its components. Coordinate and prepare, as requested, necessary donor and internal reporting (i.e., semi-annual reports).
• Ensuring that all necessary program documentation, request letters, implementation updates etc., are appropriately filed in internal records management systems, as per WBG policy.
• Providing implementation support for other FCI programs, as requested, including leadership guidance on the broader advisory services portfolio.
• Advanced degree in economics, law, finance, international development or related discipline.
• Minimum 8 years of experience in business, government, law or related profession; ideally in international development and economic reform, with a focus on private sector development;
• Demonstrated knowledge of private sector development in Tanzania, including but not limited to, opportunities, challenges, stakeholders and the political economy impacting the sector, with proven experience in engaging with at least some of these;
• Excellent communications and advocacy skills — ability to interface effectively with stakeholders at all levels, draft effective reports and communicate in public;
• Independent, autonomous and entrepreneurial — should be able to operate with minimum support;
• Strong organizational and diplomatic skills with an ability to obtain productive results from a diverse set of Tanzanian and international stakeholders;
• Strong neutral figure vis-à-vis government and the private sector;
• Proven ability to strategize and adapt work program based on changing and evolving priorities;
• Verbal and written fluency in English and Kiswahili are required;
• Ability to travel domestically and internationally on an occasional basis;
• PC literate and comfortable using IT in all aspects of work, including experience using MS Office applications.
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.
The World Bank Group values diversity and encourages all qualified candidates who are nationals of World Bank Group member countries to apply, regardless of gender, gender identity, religion, race, ethnicity, sexual orientation, or disability. Sub-Saharan African nationals, Caribbean nationals, and female candidates are strongly encouraged to apply.
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E T Consultant