E T Consultant

Contract

This is a World Bank Group grade: EC2 contract. More about World Bank Group grade: EC2 contracts.

E T Consultant

Description

Do you want to build a career that is truly worthwhile? 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 and promoting shared prosperity. 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. https://ww.worldbank.org.

East Asia and the Pacific (EAP) Region

EAP is a large and diverse region, ranging from Small Island States of the Pacific to the Philippines and China! Despite substantial economic growth and poverty reduction, the EAP region faces huge development challenges. Growth has been uneven across and within countries, institutions still need strengthening, and most countries are heavily affected by climate change. The Bank plays a significant role on global public goods, including climate, biodiversity, water pollution, and health. The COVID pandemic, and more recently food and energy price increases are compounding the impact of the global economic slowdown. The World Bank Group is seen as a premier development institution in the Region, with a leadership role on analytical and advisory services as well as financing. East Asia and the Pacific Region: https://www.worldbank.org/en/region/ea

The Finance, Competitiveness and Innovation Global Practice (FCI)

The FCI GP, which is part of the Equitable Growth, Finance and Institutions (EFI) Practice Group (PG), fosters private-sector led growth and help create markets in client countries. https://www.worldbank.org/en/about/unit/fci

The EAP FCI team supports its client countries in the region through designing and implementing innovative lending operations! It also provides cutting-edge advisory services and high-quality analytical work designed to support policymakers in a range of issues related to financial sector development, strengthening private sector competitiveness, and supporting innovation.

Duties and responsibilities

1. The China work program of the World Bank’s FCI Global Practice covers a variety of analytical and operational projects aimed at enhancing the stability, efficiency and developmental impact of the Chinese financial sector. 2. Under the direction of the FCI Practice Manager and Task Team Leader (TTL) for China, the consultant will support FCI’s work program across several topics. These include safety and soundness of financial institutions, financial regulatory reforms, financial market development, climate finance and climate risk assessments. 3. Specifically, the Extended Term Consultant is expected to:

• Compile and analyze relevant data to prepare detailed written technical input into the ongoing monitoring of the Chinese financial sector • Conduct high quality research and analysis across the above-mentioned technical areas, playing a substantial role in drafting various Policy and Technical Notes • Contribute to other technical reports and other World Bank products such as the China Economic Updates and other deliverables related to policy dialog with senior Chinese financial sector authorities • Contribute to the teams Implementation Support for lending operations, supporting Task Team Leaders as appropriate • Participate in dissemination of policy analysis and recommendations on financial sector related issues, including via workshops, conferences, and Roundtables. • Support the TTL in maintaining close liaison with key government counterparts

Selection Criteria

• Master’s degree in international development, public policy, finance, economics or equivalent • Minimum of 5 years of directly relevant experience, or related experience, especially in development policy research and financial sector analysis; prior experience in a multilateral development bank would be a plus • Fluency in both English and Chinese required, with excellent oral and writing skills in both languages • Understanding of financial sector issues from a regulatory/policy/development perspective; proven experience across the following thematic areas would be an advantage: 1. safety and soundness of financial institutions 2. financial regulatory reforms 3. financial market development 4. climate finance 5. climate risk assessments. • Solid knowledge and experience of the Chinese financial sector including familiarity with financial sector data across different market segments and good knowledge of key government counterparts, financial institutions and other market players • Experience working with data and strong skills in quantitative analysis, including the implementation of financial sector diagnostic tools • Ability to multi-task and manage a range of assignments, as well as prioritize and coordinate with team members • Strong interpersonal communication and good team player who can work as a member of a multi-disciplinary and multi-cultural team

World Bank Group Core Competencies

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.

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. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Former and current ET staff who have completed all or any portion of their second-year ET appointment are not eligible for future ET appointments.