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Operations Analyst

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Operations Analyst

Bank Jobs
4 views

Description

Job #:

req29291

Organization:

World Bank

Sector:

Operations

Grade:

GE

Term Duration:

4 years 0 months

Recruitment Type:

Local Recruitment

Location:

Washington, DC,United States

Required Language(s):

English

Preferred Language(s):

French, Portuguese

Closing Date:

9/25/2024 (MM/DD/YYYY) at 11:59pm UTC

Description

The Finance, Competitiveness and Innovation (FCI) Global Practice combines expertise in the financial sector with expertise in private sector development to foster private-sector led growth and help create markets in client countries. FCI's core lines of business are: (a) Financial Stability & Integrity; (b) Financial Inclusion, Infrastructure & Access; (c) Firm Capabilities & Innovation; (d) Long-Term Finance; (e) Climate & Risk Management; (f) Markets and Technology; and (g) Investment and Competition. For more information, please visit https://www.worldbank.org/en/about/unit/fci

Eastern and Southern Africa: Home to almost 60% of Africa's population, the Eastern and Southern Africa (AFE) region is geographically, culturally, and economically diverse and comprises 26 countries stretching from the Red Sea in the North to the Cape of Good Hope in the South.

AFE boasts some of the world's richest natural resources. The Democratic Republic of Congo (DRC) produces much of the world's mined cobalt, and Angola leads the region in the production of crude oil. For countries in Southern Africa, precious metals and minerals are the biggest exports, including gold and diamonds from South Africa and platinum from Zimbabwe. Many of these minerals will be in critical need to combat climate change and present a growth opportunity in a low-carbon future.

Economic growth in AFE is expected to accelerate from a trough of 2.2% in 2023 to 3.2% in 2024 and firm further to 3.6% in 2025-26. The growth performance of the AFE subregion is dragged down by lower-than-average growth in Angola and South Africa. Excluding these two countries, economic activity is expected to increase by 4.3% in 2024 and 5% in 2025-26. Within the subregion, the East African Community is projected to grow at the fastest pace (5.3% and 5.8% in 2024 and 2025-26, respectively), thanks to robust growth in the Democratic Republic of Congo, Kenya, Rwanda, and Uganda.

The World Bank works closely with country leaders, civil society, development partners, and youth in Eastern and Southern Africa to chart a brighter course for the region's future. We also partner with regional economic organizations, such as the Common Market for Eastern and Southern Africa, the East African Community, and the Southern African Development Community to help countries reach their development potential.

The World Bank's work spans the five dimensions of People, Prosperity, Planet, Infrastructure, and Digital for maximum impact on development across the world.

Eastern and Southern Africa Region: https://www.worldbank.org/en/region/afr/eastern-and-southern-africa

Prosperity Practice Group

Prosperity Practice Group (PG) support economic policies and legal, regulatory, and institutional reforms to enable equitable and sustainable growth and to reduce poverty.

The Finance, Competitiveness, and Innovation Global Practice

The World Bank Group's Finance, Competitiveness & Innovation Global Practice (FCI) combines expertise in the financial sector with expertise in private sector development to foster private sector-led growth and help create markets in client countries. Through this work, FCI strengthens the World Bank Group's evolving approach to development finance: to maximize finance for development and to leverage private sector investments for sustainable and inclusive growth.

Within countries, FCI works with governments to create an enabling environment where financial stability, access to finance and risk management provide a foundation to crowd-in private sector investment, create capital markets, and accelerate equitable growth. At the same time, the practice is focused on identifying firm- and industry-level constraints to deliver reforms which can drive growth and accelerate job creation (including access to finance, innovation, special economic zones, industry solutions, entrepreneurship, etc.). Boosting firm-level efficiency and productivity centers on adopting better technologies, including digital ones.

FCI comprises close to 800 staff working across more than 120 countries. For more information: https://www.worldbank.org/en/about/unit/fci

Job Duties and Responsibilities:

The Operations Analyst will report to the EAEF2 Practice Manager and work alongside a group of professionals based in Washington DC and throughout the region. She/He will be responsible for the following tasks and duties:

Operational Support:
• Provide on-demand operational support to teams on lending, active portfolio, ASAs and TF's and ensure adherence to regional and global quality requirements.
• Assist teams in a time-sensitive and constructive manner in resolving operational issues including issues related to the operations portal.
• Support the preparation and review of project documents, such as Concept Notes, Implementation Status and Results Reports, Project Appraisal Documents, Restructuring Papers, aide memoires, ASA reporting documentation, and provide timely feedback to project teams.
• Provide direct project support on selected projects as agreed with the Practice Manager and prepare timely draft responses to requests from counterparts on behalf of Task Team Leaders.
• Participate in selected preparation and implementation support visits as needed, provide guidance on Bank procedures/processes, and contribute to mission documents (e.g., aide memoires, management letters).
• Support TTLs in coordinating across task team members, including across GPs (e.g. Environmental and Social, AFEDE and CMUs).
• Support on-demand research and data collection and contribute to drafting of reports, proposals, and briefs.
• Contribute to the design and implementation of regional, sub-regional events (online events and/or in-person events).
• Draft text for blog posts and similar online outreach; Contribute to the dissemination of findings, e.g., prepare message driven PowerPoint presentations, blogs, etc. supported by quantitative and qualitative data and evidence.

Portfolio and Budget Monitoring
• Support the EAEF2 Practice Manager on monitoring and management of the unit's work program and TTL's on project management.
• Tracking and updating project/product schedules, monitor deliverables and milestones such as Concept and Decision notes, ISR, APR, ICR, ACS.
• Monitoring unit's portfolio compliance on corporate commitments such as gender, climate co- benefit, and citizen engagement.
• Performing analysis of results, risks and issues in the portfolio and provide recommendations for PM's attention and teams' action; and monitor progress on decisions made.
• Monitoring unit's portfolio outliers and assist PM to report progress to the RD's office. Assisting PM on portfolio validation exercise and reporting to the EFI VPU.
• Supporting HQ and field-based Task Team Leaders (TTLs), as needed in the creation and establishment of project codes.
• Serve as a liaison with AFEDE and EFI RD's FO on portfolio issues.
• Perform other ad-hoc duties as assigned by the PM.

Quality Assurance
• Serve as a resource person on issues related to the Unit's portfolio advising teams on timelines, Bank guidelines and policies.
• Review operational and technical documents for compliance with operational guidelines (e.g. on Implementation Status Reports, Implementation Completion and Results Reports, Project Restructuring Papers, aide memoires/management letters, ASA reports), and prepare feedback to teams.
• Join regional and global deliverables/portfolio meetings, as needed.

Budget Resources
• Regularly monitor the unit budget performance and compliance.
• Run a monthly budget status reports include (PM targets, commitment, SOE, TRS, TF) using reports and SAP
• Monitor and follow up TTLs budget performance and burn rate
• Work closely with the PM and BPS colleagues on budget issues, monitoring, and action plans.
• Serve as the budget contact person in the unit and work closely with PBS on budget matters.
• Coordinate the completion of monthly TRS inputs from staff and track staff cost budget execution per target planned.
• Conduct regular analysis of budget data, advise teams on trends and status. Identify budget issues and coordinate reconciliation with BPS colleagues.
• Track fund-raising opportunities, alert task team leaders, and help them prepare applications.

Selection Criteria
• Masters' degree in administration, economics or equivalent, with at least 2 years of relevant experience.
• Operational experience in tasks and systems associated with FCI GP business lines.
• Knowledge of Bank operations, policies and procedures and thorough understanding of the different project cycles for lending, non-lending operations, and country products.
• Sound understanding of Bank policies and practices related to all types of operations, including IPF, DPF, PforR, ASA).
• Strong hands-on experience in Bank operations, including participation in preparation and implementation missions.
• Solid experience in contract management, budget, and TF/ASA/EFO administration.
• Good knowledge in WPA and budget preparation and monitoring.
• Strong team player with the ability to work independently and effectively both remotely and face-to-face.
• Ability to treat sensitive and confidential information with a high level of discretion and care.
• Ability to take personal responsibility and accountability for timely response to client queries and act as liaison with different stakeholders/ external partners.
• Proven ability to work both independently and in diverse teams.
• Excellent knowledge of Microsoft, Excel, Powerpoint and World Bank software applications: Outlook, administration portal, operations portal/workspace, business intelligence, client connection, FM system, RM reports etc.
• Strong interpersonal, written, and oral communication skills, ability to listen carefully and provide sound advice in a constructive manner.
• Excellent and effective command of English both verbally and in writing is required. French and/or Portuguese are desired.

Note: This internal requisition is open to WBG and IMF staff only (including short-term and extended term consultants/ temporaries). External candidates are requested not to apply. In case an external candidate applies, their application will not be considered.
• For CoS competencies please visit Country and Operations Services

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.

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, ****** orientation, or disability.

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

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