WBG Manager, Capital Markets Development

At the World Bank Group (WBG) , you’ll join a diverse, global community working across cultures, disciplines, and borders to address the world’s most pressing development challenges. With 1.2 billion young people reaching working age in the decade ahead, the challenge of job creation has never been greater. Through partnerships across 145 countries and more than 182 offices worldwide, we work with governments, private sector, development partners and other stakeholders to invest in people, strengthen markets, and deliver scalable, data-driven solutions that generate more and better jobs and improve lives. For more information, visit www.worldbank.org VPU Context: The WBG Prosperity Vice Presidency leads the WBG’s key global engagements in support of: Growth and jobs (including supporting teams across the WBG on the jobs agenda); debt sustainability and debt management; improved domestic resource mobilization and expenditure efficiency; a resilient and inclusive financial sector; business-enabling policies and regulations; trade policy and facilitation; and transparent, effective, and accountable government institutions world-wide. The Vice Presidency also houses the group that examines the distributional/poverty impacts of all policies. It is responsible for getting the right public and private sector solutions to our operational teams and to our clients, and to produce scalable impact. Its mandate is to deliver knowledge for impact to enable and support the WBG to achieve its goals in support of our mission and specifically: providing guidance on creating more and better jobs; supporting foundational infrastructure and human capital, a business-enabling policy environment, and private sector mobilization; focusing on agribusiness, healthcare, infrastructure, manufacturing, and tourism; and support and accelerate corporate targets and commitments. The VPU’s objectives in driving outcomes include replicating and scaling effective solutions, enhancing thought leadership and innovation, and delivering timely knowledge to client teams in the areas of its mandate. Financial Services Sector I Department The FSS Global Department is comprised of two directorates: FSS I covers financial resilience and integrity, financial inclusion, capital market development and disaster risk finance, while FSS II covers SME finance, Banking, Housing, Leasing and Insurance, as well as Sustainable Finance. The FSS I Global Department is seeking a Practice Manager for the capital market unit (WKPCM). Reporting to the Director, the capital market practice manager will be based in Washington, DC, USA. Duties and accountabilities: • Provides thought leadership in developing, implementing, and scaling the World Bank capital market development program globally. • Leads the World Bank capital market development work globally, including maintaining relevant global partnerships, working with the global standard setting bodies where relevant, conducting applied analysis/research on frontier issues, supporting the World Bank regional teams, and disseminating global knowledge. • Oversees the JCAP flagship Joint Capital Market Program, coordinating closely with the IFC. • Works closely with Global and Regional Directors, PMs, and teams in supporting analytics, advisory and lending projects at country and regional levels, by providing frontier, tailored, relevant and impactful technical inputs and quality reviews base on global experiences and best practices. • Works in partnership with other PMs in the GP and with other GPs, as well as public and private stakeholders, to find tailored and holistic solutions that can accelerate the development of local capital markets in EMDEs and private capital mobilization. • Drives and inspires technical excellence within the capital market team and the GP by creating an environment of learning and innovation that attracts and develops the best talent reflective of the diversity of our clients. • Supports GP management in developing and implementing appropriate strategies for global staffing, deployment, talent, and performance management. • Is effective in the communication to various audiences, including key stakeholders, clients, beneficiaries, public, internal, and external partners. The PM will collaborate across technical, geographic and institutional boundaries to help design and deliver development solutions to a diverse range of clients, while supporting global knowledge flows that share knowledge and practical development experience with other countries, assuring that global lessons are reflected in the Bank-supported programs. The PM is a member of FSS Leadership Team and coordinates closely with the other Prosperity Practice Managers, and the Regional Management Teams. The PM is also a member of the FCI Talent Board to oversee the strategic staffing, career development and deployment of GP staff across the Bank.