Global Product Specialist (GPS) - Investment Policy (IP)- Washington, DC

Job #:	120258
Title:	Global Product Specialist (GPS) - Investment Policy (IP)
Job Stream:	Private Sector Development
Location:	Washington, DC
Closing Date:	02/24/2012
Background / General description:
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, providing advisory services to businesses and governments, and mobilizing capital in the international financial markets. In fiscal 2011, amid economic uncertainty across the globe, we helped our clients create jobs, strengthen environmental performance, and contribute to their local communities—all while driving our investments to an all-time high of nearly $19 billion. For more information, visit www.ifc.org. The World Bank Group’s Investment Climate Department (CIC) assists governments of developing countries and transition economies in reforming their business environments, with support focused on reforms that strengthen business environments and the investment climate (IC) at economy-wide as well as industry/sector level. The department collaborates extensively with other teams across the World Bank Group in the design and delivery of advisory services and other operational work related to investment climate reform, and develops IC knowledge products for staff and clients. Serving as the global backbone of the Bank Group’s IC activities; CIC: (i) anchors the Investment Climate Business Line (one of IFC's four Advisory Services Business Lines), and handles the global dimension of its work; (ii) anchors the Investment Climate Global Practice of the Bank's Finance and Private Sector Development Network (which covers six Practices); (iii) implements MIGA’s technical assistance mandate, and (iv) manages the multi-donor Facility for Investment Climate Advisory Services (FIAS; a global funding and partnership platform for IC reform), the Health in Africa (HiA) initiative, as well as a new work program on private participation in infrastructure.
Duties and Accountabilities:
I. Business Accountabilities Strategy * Defines and recommends the global strategy for the product with a focus on high developmental impact and ensuring the strategy is in line with IFC and FPD strategic objectives and with the Advisory Services and Global Practices business models; * Designs and sets global strategy for the product and provides technical expertise to regional teams ensuring the product meets high quality standards, and has a clear development and exit strategy; * Advances the concept of a global team which contributes to product development; * In partnership with relevant Regional Business Line Leaders (RBLLs) and Sector Managers (SMs), analyses and learns from portfolio results to set benchmarks, and manages a results and impact feedback loop; * In partnership with relevant RBLLs and SMs, contributes to the design of new projects, reviewing relevant technical aspects of new project proposals for quality control and ensuring that lessons learned are appropriately taken into account; * Ensures the development of and adherence to a solid measurement and evaluation framework for the product in collaboration with M&E staff, including setting guidelines for pre-implementation scoping and post-project monitoring; * Works with FPD Sector Managers, CIC Service Line Managers and the CIC Practice Manager to effectively contribute knowledge to broader FPD programs. Knowledge * Networks with external professionals to cultivate outside knowledge and learning, establishes FPD and IFC’s niche in the market, and disseminates knowledge to our clients; * Participates in regular business line and service line meetings with peer specialists and reports to larger practice groups and networks * Leads the knowledge management agenda for their product taking accountability for gathering, managing and disseminating global best practice and institutional knowledge of the product; * Contributes to the design and development of internal and external thematic events and knowledge sharing networks to share product lessons and experience and learn from others; Implementation * Monitors implementation and progress of projects drawing on their product and recommends corrective actions where/if necessary; * Ensures all Advisory Services processes are implemented by supporting RBLLs for regional projects and leading for global projects; manages Collaboration, project Concept Note process, initiates workflow and approves updates during project implementation, approves Supervision and Completion documents; * Ensures project materials related to their products are properly documented and archived, with the objective of building core product expertise and a solid knowledge base; * Leads the annual product review together with the respective team members and in coordination with CPA, the M&E team, and the IC BL Secretariat. II. Resource Management Accountabilities * Recruits, leads and supervises a team of technical specialists to provide global product expertise in client engagements; * Ensures proper technical on-boarding of staff (including regional staff) in their product areas, including through provision of technical materials and support to appropriate training * Participates in Performance Evaluation and Planning (PEP) and Overall Performance Evaluation (OPE) reviews for global product staff; * Mentors global and regional product staff, ensures development of networks and skills, quality assurance and professional development; * As required, provides feedback on performance of specific regional staff; * Monitors budgets for global product staff, consultants and vendors; * Recommends allocation and deployment of relevant technical specialists effectively and efficiently to client relationship teams across the WBG. III. Relationship Management Accountabilities * Supports the Global Business Line Leader and Product/Service Line Managers to develop new initiatives/global projects, leading innovation and keeping abreast/influencing industry developments; * Interacts with donors to communicate, describe, and explain specifics of the product line; * Develops and maintains a relationship with the Development Impact group (CDI), including joint setting of the impact and results agenda; * Develops and maintains relationships with global players in the relevant product, industry or field; * Maintains strong relationships with relevant WBG Managers in the regions so that the product strategy is well aligned and projects can be deployed and executed efficiently; * Fosters strong relationships with counterparts in the World Bank Group, as well as in other private and public financial institutions to identify collaboration opportunities and to enhance client and business delivery; * Works collaboratively within the matrix to deliver impact for clients.
Selection Criteria:
Education * Master's degree and a minimum of 8 years' relevant experience or equivalent combination of years and experience. Business/Product experience * Demonstrated technical expertise in the area of investment policy, including an understanding of relevant implementation considerations in diverse country settings; * Established, up-to-date global knowledge on investment policy and strong ability to disseminate this knowledge effectively and efficiently within IFC and IBRD as needed; * Sound experience in dealing with public and private sector institutions, including ensuring a balanced set of interests. Main skills * Ability to think strategically and to modify products as needed so they are responsive to business and client needs; * Strength in managing complex projects and relationships, including working across various groups within the World Bank Group; * Sound understanding of World Bank, IFC and MIGA business models and opportunities for joint collaboration; * Good influencing and negotiation skills; * Proven track record in leading effective work groups in a service-oriented and diverse setting; * Ability to coach/mentor more junior staff; * Strong written and verbal communications skills; * Ability to develop innovative solutions and challenge the status quo in order to build the business; * Recognized as a team player. The World Bank Group is committed to achieving diversity in terms of gender, nationality, culture and educational background. All applications will be treated in the strictest confidence.