Private Sector Specialist at the World Bank Group

The World Bank Group - Established in 1944, the WBG is one of the world’s largest sources of funding and knowledge for development solutions. In fiscal year 2018, the WBG committed $67 billion in loans, grants, equity investments and guarantees to its members and private businesses, of which $24 billion was concessional finance to its poorest members. It is governed by 188-member countries and delivers services out of 120 offices with nearly 15,000 staff located globally.

We are recruiting to fill the position below:

Job Title: Private Sector Specialist

Job ID: req26901
Location: Abuja
Grade: GF
Duration: 4 years 0 months
Sector: Private Sector Development

Scope Work

• This recruitment is for a Private Sector Specialist based in Abuja, Nigeria with a reporting line to the Regional FCI Practice Manager (EAWF2).

Amongst other tasks, the selected candidate will be expected to:

• Support the FCI dialogue in country with a focus on private sector development: Support the policy dialogue with counterparts on issues relating to private sector development, particularly focusing on creating opportunities for investments supporting economic transformation and employment.
• Serve, when needed, as team member or co-TTL/TTL (Task Team Leader) for lending operations, advisory, and analytical work, and contribute to the delivery and quality of financing and knowledge engagements for Nigeria, provide inputs to other Global Practices on private sector related issues.
• Analytical & Advisory work: Support the development and implementation of high-quality analytical and advisory work. Lead/support policy dissemination events with policy makers, stakeholders, and private sector.
• Support the dialogue with the country management unit (CMU) and with the region: Work closely with FCI’s focal point for private sector development, program leaders/country economists and the CMU to prepare inputs for briefings and strategic documents such as CPFs, SCDs and CPSDs.
• Work collaboratively with global teams, the International Finance Corporation (IFC) and other GPs to develop a comprehensive private sector development agenda to support private investment in Nigeria at the Federal and at the State level.
• Produce technical notes, briefings, presentations, etc. on private sector development, competitiveness/entrepreneurship, and innovation; Investment climate reforms as requested by management. 
• Relationship management: cultivate strategic relationships with government counterparts and other key stakeholders.
• Development Partner Collaboration: Support the partnership with the development partner community and facilitate/participate in formal and informal meetings with key development partners, civil society, private sector representatives, and other stakeholders.

Selection Criteria

• Master's Degree or PhD in Economics, Business, International Relations, Finance, or similar.
• At least 5 years of relevant professional experience since completing university degree (i.e., Master’s). 
• Strong experience in private sector development, particularly focused on productivity, growth, investment climate reforms, innovation and entrepreneurship, small and medium enterprise development, trade and competition policies, for private investment, domestic and foreign, export promotion, and value chain development.
• Experience and understanding of Nigeria’s private sector issues. 
• Knowledge and experience of policy and regulatory reforms related to private sector development in emerging markets.
• Strong understanding of stakeholders in the private sector landscape in Nigeria across policymakers, regulators, market participants.
• Strong skills in conducting policy analysis, identifying policy reforms, and implementing policy actions on private sector development.
• Solution-oriented approach focusing on problem-solving and achieving results.
• Ability to operate effectively in a matrix management environment, both as a team leader and team member.
• Ability to deal sensitively in multi-cultural environments and build effective working
• Relations with clients and colleagues.
• Effective verbal and written communication skills

Language:

• Required Language: English

Application Closing Date
16th April, 2024.