Description
Do you want to build a career that is truly worthwhile? Working at the World Bank Group (WBG) provides a unique opportunity for you to help our clients solve their greatest development challenges. The WBG is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions (IBRD, IDA, IFC, MIGA, and ICSID) 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.
To address country development needs and global challenges with impact and at scale, IBRD/IDA, IFC, and MIGA are increasingly working as One World Bank Group through purposeful collaboration, coordination, and deployment of our collective knowledge and services. Through this approach, we aim to streamline and simplify our country engagement, allowing countries to better leverage the comparative advantages of each WBG institution and access solutions that maximize the respective strengths of the public and private sectors.
A critical role in delivering on this approach is the new joint Resident Representative role that is being established in several countries to represent the WBG in relationships with the government, private sector clients, and key partners and oversee the operations, investments, and programs of all WBG institutions in the country. The WBG is seeking a joint Resident Representative for Chile based in Santiago. The Resident Representative reports to the IBRD Country Director for Argentina, Paraguay and Uruguay and the IFC Regional Director for South America and serves as a member of the IBRD and IFC regional management teams.
The priorities for the WBG in Chile are: a) supporting the Chilean government on its complex reform agenda; b) increasing access to quality and inclusive services; and c) supporting Chile’s decarbonized and climate-resilient development.
ROLES AND RESPONSIBILITIES:
Business Management
• Under the guidance of the Regional/Country Directors, develops, updates, and implements country-level strategies, including the Country Partnership Framework (CPF), drawing on a synthesis of enhanced diagnostics and core analytics.
• Leads the day-to-day One World Bank Group engagement with the government aligned with the CPF priorities and coordinates programming that identifies and delivers the optimal mix of private and public sector solutions.
• Contributes to increasing the speed, scale, and quality of results in the country aligned with the CPF and the WBG corporate scorecard in coordination with sectoral/industry colleagues and the country management team.
• Evaluates upstream market creation approaches and interventions for the country and engages in discussions on needed policy reforms to improve the enabling environment for private capital.
• Evaluates and provides advice and guidance to teams on the implementation of investments, advisory services, lending, and knowledge products, complemented by Global Challenge Programs (country-level operations that are part of a broader, globally coordinated thematic platform).
• Develops market knowledge to ensure that the WBG is working with the right sponsors and takes accountability for client vetting and integrity due diligence.
• Demonstrates excellent business judgment in balancing the importance of bankability, development impact, risks, and sustainability.
• Provides oversight of portfolio management and quality, working with clients and advising operational teams to address implementation and performance issues, and working to ensure high quality results on the ground.
Relationship Management
• Leads coordination and collaboration with development partners in the country—bilateral agencies, regional and other multilateral agencies—to strengthen country-led development processes.
• Strategically engages with and manages senior-level relationships with the government, private sector clients and other key stakeholders.
• Actively engages to increase participation of NGOs, the private sector, media, state and local government, academia, and other civil society groups in the development process.
Knowledge Management and Communications
• Keeps regional management and operational teams informed of economic, social, and political developments in the country, and for their implications on the work program.
• Disseminates best practices and lessons learned and manages learning and knowledge flows, including full suite of WBG products and solutions.
• Ensures the implementation of the access to information policy.
• Contributes to communicating the results of engagements internally and externally, in coordination with the communications team.
Country Team and Resource Management
• Supervises the WBG country office team, focusing on staff welfare and productivity.
• Oversees operations of the country office, including monitoring the country office budget and ensuring effective and efficient use of resources.
• Implements country office security and safety program covering WBG staff and dependents, property, programs, and information.
• Represents the WBG in the country-level UN Security Management System.
Selection Criteria
• Master’s degree or PhD in relevant field, including business, finance, economics, or an area of expertise specific to a sector or industry.
• Minimum of 8 years of professional experience in positions of increasing complexity and responsibility in an international context, with demonstrated track record in country program management, business consulting, investment banking, or operational experience in a sector relevant to the country.
• Excellent understanding of the role, dynamics and interdependencies of the public and private sectors in achieving development goals at the country level.
• Portfolio management experience and proven competency in implementation support.
• Strong political, diplomatic, and partnership skills; ability to develop and sustain close and effective senior-level working relationships with the government, private sector clients, and partners.
• Analytical, financial, credit, integrity assessment, and business skills to identify project and program viability, assess sustainable development impact, and identify portfolio risks, and determine how to approach complex risk-reward trade-offs.
• Broad and strategic perspective and ability to translate strategy and resources into business opportunities.
• Proven track record in offering integrated solutions to clients in challenging contexts.
• Ability to influence and mobilize support across institutional boundaries.
• Excellent people management skills and ability to coach and guide staff to solve problems in a decentralized matrix environment.
• Strong written and verbal communication skills in English and Spanish, with the ability to speak persuasively and present ideas clearly and concisely.
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, sexual orientation, or disability.
Learn more about working at the World Bank and IFC, including our values and inspiring stories.