Finance & Private Sector Development Specialist, Harare

Job # 090824
Job Title Finance & Private Sector Development Spec.
Job Family Private Sector Development
Location Harare, Zimbabwe
Appointment Local Hire
Job Posted 13-May-2009
Closing Date 04-Jun-2009
Language Requirements English [Essential]
Appointment Type Term (Duration: 1 yrs)
Background / General description

THIS IS A ONE-YEAR COTERMINOUS LOCAL APPOINTMENT TO BE LOCATED AT THE WORLD BANK’S OFFICE, HARARE, ZIMBABWE, WITH OPTION FOR ONE YEAR EXTENSION. LOCAL STAFF BENEFITS WILL APPLY.

The World Bank is seeking to recruit a highly qualified candidate for the position of Finance and Private Sector Development Specialist in the Harare office. The successful candidate will be mapped to the Africa Region’s Finance and Private Sector Development network (AFTFP) and will form a core member of the FPD team for Zimbabwe, under the overall guidance of the Lead PSD Specialist for Zimbabwe and reporting to the Sector Manager for AFTFP based in Washington. The selected person is also expected to work closely with the Country Manager for Zimbabwe and interact with other members of the Zimbabwe country team both in Harare and Washington DC, and with members of the MDTF Economics Thematic Resource Group (ETRG).

The AFTFP unit includes approximately 50 specialists working on Africa of which half work in Eastern and Southern African countries. Many of these specialists are based in the field. Their work programs are tailored to the specifics of each country and often involve high levels of responsibility and visibility as they are expected to carry forward the policy dialogue on financial sector and private sector development in each country, interacting with senior government officials as well as the private sector and other development partners.

Duties and Accountabilities

The FPD Specialist will work on a program intended to prepare for the reengagement of the international community with Zimbabwe and provide technical support for government’s economic recovery program. This will include:

• Organize and supervise a survey of business to quantify short and medium-term constraints to revival of private production activities; specifically
(i) the likely capital renewal requirements for economic recovery,
(ii) the magnitude of skills depletion and measures likely to encourage the return of skills, and
(iii) any key policy, legal or business regulatory constraints that will need to be addressed as a first priority. This survey will be carried out in cooperation with the relevant stakeholders and counterparts in Zimbabwe.

• Prepare analytical and policy notes as required..

• Compile and analyze financial sector performance data for Zimbabwe. This will require working with financial institutions, the Bankers Association and if possible the Reserve Bank to identify and collect relevant readily accessible data. And where data gaps exist, the specialist will conduct new surveys in partnership with other agencies.

• Contribute to the development, design and implementation of a national financial sector development strategy in Zimbabwe, including sectoral strategies, e.g. agro-finance.

• Keep the Lead PSD Specialist, Sector Manager and country team members well informed of relevant developments, and follow up on requests for information and/or technical inputs. Participate in World Bank missions covering FPD issues. Attend government-donor meetings on FPD issues and ensure follow-up of meetings.

• Maintain contact with local technical counterparts in the government, private sector, donors, and NGOs.

• Play a key role in coordinating with donors in implementation of FPD activities supported by the Multi-donor Trust Fund (MDTF) for Zimbabwe, under the supervision of the Lead PSD Specialist.

• Along with other members of the FPD team, provide support to the Country Manager in the policy dialogue with the government on FPD issues, and develop close and productive relations with clients and stakeholders in the government, academia, NGOs, private sector, and the international community.

• Oversee the work of short-term consultants and research assistants as needed.

Selection Criteria

• Masters Degree in Finance, Economics or Business Administration.

• At least 5 years or more of practical experience in finance and private sector development programs and a good knowledge of the financial sector and business environment in Zimbabwe.

• Experience in organizing and managing enterprise surveys would be an advantage

• Conceptual and analytical rigor, coupled with the ability to draw programmatic policy implications from conceptual and empirical work.

• Ability to learn quickly, and have the capacity to work simultaneously and effectively on a variety of tasks, independently adjusting priorities and achieving agreed results.

• Strong interpersonal skills, with the capacity to influence without formal authority and to work in teams across organizational boundaries within the multi-cultural environment.

• Experience of working on challenging environments is an asset.

• Excellent communication skills, both in oral and written presentations and a strong track record of prior written work.

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Posted by Wellington Chadehumbe on May 22, 2009. Filed under Jobs. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.