Senior Operations Officer

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Company: The World Bank Group

Location: Washington, DC 20011

Description:

Senior Operations Officer

Job #:
req31792

Organization:
World Bank

Sector:
Operations

Grade:
GG

Term Duration:
4 years 0 months

Recruitment Type:
International Recruitment

Location:
Washington, DC,United States

Required Language(s):

Preferred Language(s):

Closing Date:
2/21/2025 (MM/DD/YYYY) at 11:59pm UTC

Description

Do you want to build a career that is truly worthwhile? 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.

Operations Policy and Country Services (OPCS) plays a pivotal role in achieving the World Bank Group's mission. OPCS assists frontline staff in delivering results to clients through sound operations policy and strong country support. OPCS is at the center of operations and delivery, and serves as the link between the Global Practices and the Regions. OPCS develops and oversees the Bank's operational policies for country strategies, lending operations, advisory services and analytical support, procurement, and environmental and social safeguards. It also oversees the Bank Group's Corporate Scorecard; manages interactions with the Bank's oversight units; and co-leads the results measurement and evaluation stream in the Bank Group. OPCS teams provide advice and support to World Bank management and staff as well as hands-on assistance to help teams leverage the Bank's policies, processes, and risk management tools for our country clients. Working in OPCS helps World Bank professionals gain broad exposure to strategic operations issues and develop a deeper understanding of the Bank's business. OPCS is organized in four departments:
Operations Policy (OPSPO) consolidates the corporate support and oversight of country strategies and all financing and advisory instruments as well as managing the Operations Help Desk and the Operations Committee.
Standards, Procurement, Financial Management (OPSPF) anchors two well-established fiduciary assurance functions, financial management and procurement, which also play a key role in supporting governance and PFM reforms in Borrower countries and the MDBs' harmonization agenda.
Strategy, Risk, Results, Learning (OPSRL) focuses on Bank strategy; risk management in operations, strengthening results and effectiveness throughout the institution, including the Corporate Scorecard; support to the country directors' and management communities; operational learning and portfolio monitoring and oversight.
Environmental and Social Standards (OPSES) covers the World Bank's environmental and social (E&S) policies and E&S risk management, including the Environmental and Social Framework (ESF) which came into effect October 2018, and the earlier set of Safeguards Policies.

Departmental Context:

The Operations Policy Department in OPCS has overall responsibility for all financing instruments, analytic and advisory services, and Country Partnership Frameworks. The scope of work includes proposing policies and reforms to facilitate innovation and to adapt the Bank's engagement to an evolving developmental agenda; providing guidance and high-quality operational advice (including the Operations Help Desk function); undertaking corporate reviews including particularly for high-risk operations; and supporting operations systems. In undertaking these activities, the department works closely with Regions, GPs and other corporate units. The Department is led by a director and two managers who form the department management team.

The Unit Context:

The Investment Lending Unit (OPSIL), in the Operations Policy Department (OPSPO) of the Operations Policy and Country Services (OPCS) Vice Presidency, is seeking is seeking a highly motivated Senior Operations Officer with strong operational experience. The Unit's work involves stewardship of operational policy regarding Investment Lending products including Investment Project Financing (IPF), Program for Results lending (PforR), Multiphase Programmatic Approach (MPA) and Guarantees in addition to several other sub0business lines. In addition, the unit handles of the Operations Help Desk and is the main counterpart with ITS on the Operations Portal. The position will involve frequent interaction with staff in Regions, Global Practices, Corporate Departments, and the Board. It will provide the opportunity to gain broad exposure to strategic and operational issues across all Regions of the Bank, and the opportunity to develop a deeper understanding of the business and functioning of the Bank.

Note: This requisition is posted internally for WBG and IMF staff only.

Roles and Responsibilities

The successful candidate will become a member of the Investment Lending Unit within the Operations Policy Department and will report to the Manager of the Investment Lending Unit. As the selected candidate will be advising project teams and representing OPCS at corporate level meetings, we are seeking an experienced professional who has experience on investment lending operations, ideally in the various parts of the project cycle, including preparation, supervision, and closure. The candidate must have sufficient experience, presentation skills, and gravitas to represent the department in key meetings, such as ROCs, OCs, or meetings with EDs.

The successful candidate's work program will comprise individual assignments as well as tasks jointly delivered by the Investment Lending unit. S/he will work on operational work including lending and non-lending policy, research and analytics. More specifically, the selected candidate will be responsible for:
Provide OPCS advice and guidance to RVPs, Global Practice Directors/Managers, Country Directors/Managers and Task Team Leaders on the preparation of Investment Lending operations. Work directly with teams and support the Operation Help Desk on policy queries.
Represent OPCS at key meetings such as ROC meetings or meetings with senior management and executive directors.
Conduct or contribute to research and outreach on issues related to the work of the Unit, including preparation of economic research papers, good practice notes and publications on emerging corporate issues, and on OPSIL products.
Contribute to corporate reforms and issues that involve OPCS, including but not limited to the agendas for the Evolution Roadmap, and Operational Efficiency and Effectiveness Initiatives.
Contribute to and/or lead the development of new instruments or new approaches.
Provide support to operational teams, particularly on the identification of the appropriate instruments, including lesser used instruments such as guarantees.
Support departmental responses to corporate requests-including from the Board and Senior Management-in areas related to the Department.
Contribute to the integration of Bank operations into the Operations Portal, including working with ITS to incorporate needed changes.
Work with other units at the Bank, including Regions, GPs, and Corporate units to identify areas of improvement in Bank Operations.
Work and coordinate with MIGA and IFC on issues related to the unit's mandate in particular with regard to use of IBRD/IDA Guarantees.
Conduct training on operational issues, and develop and update training materials as needed.

Selection Criteria
Advanced degree (MA/MS) in a relevant field with 8 years of relevant experience, preferably as a TTL of investment lending operations and/or program for results, with strong knowledge of WB instruments in at least one GP, Region, or Corporate unit of the Bank.
Candidate must be an experienced professional with exposure to investment lending ideally including the various phases of the project cycle (PCN through closure, including MTRs, ICRs) of IPFs, PforRs, and/or Guarantees.
Experience on the use of IBRD/IDA Guarantees; and experience in infrastructure sectors is preferred.
Recognized by peers and/or managers for providing high quality, pragmatic advice to teams on the appropriate use of Bank policies, procedures and instruments and financing mechanisms.
Recognized by Peers and/or Managers for ability to identify and pro-actively solve operational issues and problems.
Strong presentation skills, with the ability to present complex ideas in a straightforward way.
Demonstrates in-depth knowledge and understanding of Bank operations including project management tools & methodologies, as well as of Bank instruments and processes related to project preparation & implementation, and processes related to project preparation and implementation.
Maintains client relationships in the face of conflicting demands and provides evidence-based advice and solutions based on sound diagnosis and knowledge.
Leads in the sharing of best practice, trends, knowledge and lessons learned across units and with clients and partners, articulating ideas verbally and in writing in a clear and compelling way across audiences of varied levels.
Gathers inputs, assesses risk, considers impact and articulates benefits of decisions for internal and external stakeholders over the long term.
Capacity to work simultaneously on a variety of issues and tasks, independently adjusting to priorities in a fast-paced, dynamic environment.

Required Professional Competencies
Knowledge and Experience in Development Arena - Understands policy making process; distills operationally relevant recommendations/lessons for clients.
Integrative Skills - Working to develop an integrated view across all facets of current sector.
Written and Verbal Communication - Delivers information effectively in support of team or workgroup.
Collaborate Within Teams and Across Boundaries- Collaborates across boundaries, shows leadership in ensuring team's organization, actively seeks and considers diverse ideas and approaches, gives own perspective and willingly receives diverse perspectives.
Bank Instruments, Policies, Procedures, and Systems knowledge- Familiar with Bank Instruments, Policies, Procedures and Systems.

World Bank Group Core Competencies

Country and Operations Services (COS): Professional 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.

This internal requisition is open to WBG andIMF staff only (including short-term and extended term consultants/temporaries). External candidates are requested not to apply. In case anexternal candidate applies, their application will not be considered.

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.

Learn more about working at the World Bank and IFC, including our values and inspiring stories.

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