Description

• Thought Leadership: Provide thought leadership on forward-looking issues affecting the flows and the effectiveness of private investments, especially impact investing, in inclusive finance; help identify relevant knowledge questions and work programs for CGAP to influence relevant forward-looking industry players, funders and policymakers; contribute to research papers, blogs, Leadership Essays and other thought leadership pieces on cutting-edge inclusive finance private investment issues.

• Lead the execution of research projects on private investments in inclusive finance, aligned with most relevant knowledge questions - these could include for instance research on blended finance, catalytic investment, market creation, risk sharing instruments, impact investment, and private funding instruments in inclusive finance. Work with a team of staff and consultants to execute project plans within the time frame and budget assigned, including documenting lessons learned and produce high quality knowledge products and reports as needed.

• Strategic outreach: Contribute to CGAP’s influence strategy. Participation in seminars, conferences, working groups and other events, with public and private stakeholders, to support CGAP’s efforts to enhance the effectiveness of impact investing in inclusive finance and the inclusiveness of carbon markets. This entails inter alia engaging, under the leadership of the FREE pillar lead, with international fora, and public and private sector organizations that are engaged in similar initiatives.

• Collaboration across institutional boundaries within the WBG: Contribute technical advice on impact investing in inclusive finance and inputs to teams across the WBG as and where relevant. In collaboration with the FREE pillar lead, engage in active collaboration and knowledge sharing with other WBG units, including EFI VPU’s Global Practices, IFC, and corporate units working on development finance working on effectiveness of private investment in inclusive finance, as needed, to bring CGAP’s applied research and experience in relevant WBG work and country dialogue and to leverage existing WBG knowledge.

• Engaging with CGAP’s members: As a member organization, CGAP regularly interacts with members to learn of member priorities (and changes) so that CGAP’s work remains relevant, and to share knowledge generated by CGAP for greater influence. The Senior Financial Sector Specialist will be expected to engage CGAP members on private investment in inclusive finance.

Selection Criteria

• Deliver Results for Clients
• Collaborate Within Teams and Across Boundaries
• Lead and Innovate
• Create, Apply, and Share Knowledge
• Make Smart Decisions

• 
  A Master’s degree or Ph.D. in Finance, Economics, Policy, Business Administration, or a related field.
• At least 8 (preferably 10) years of relevant professional experience in inclusive finance, with a strong focus on private investment, blended finance, market creation, development finance, or policies to promote financing for development in emerging market and developing economies (EMDEs) and related areas. Experience in both public and private sectors preferred.
• Proven track record of conducting cutting-edge research, including analyzing investment results, policies and interventions, and impact assessments.
• Deep sense of strategy and a high degree of fungibility to adapt to CGAP’s evolving priorities, including ability to conceptualize, prioritize, and be selective. Integrative capacity including the ability to situate sectoral issues within a broader development framework. Ability to deliver high quality outputs with a strong outcome orientation. Experience in applying practical know-how and effective policy dialogue to achieve development results.
• Demonstrated, excellent writing and oral communication skills, including the ability to present complex analyses to various external audiences, including development finance practitioners, impact investors, policy makers, donors, international organizations, private sector entities, and other development actors. Proven track record with internal and external publications, from applied research papers and institutional reports to shorter technical notes, briefs to senior management, short articles, and blog entries.
• Demonstrated diplomacy and influencing skills; political judgment and diplomatic acumen, proven experience in dealing, both at a technical level and at a more senior strategic level, with external constituencies, including development finance practitioners, investors, policy makers, donors, international organizations, private sector entities, academics and other development actors; ability to work with teams with varied priorities and agendas, evaluating what is in the best interests of CGAP and corralling parties toward a collective outcome.
• Demonstrated ability to function as a team player in a multicultural environment, in complex teams across different time zones and cultures.
• Ability to function independently with limited work direction and occasional oversight. Capacity to work simultaneously on a variety of issues and tasks independently, adjusting to priorities and achieving results within agreed objectives and deadlines.
• Familiarity with climate and gender issues relevant to financial inclusion.

World Bank Group Core 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.
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