Job Vacancies @ World Bank Group – 2 Positions (Nigeria)

Job No.: req17792
Location: Abuja, Nigeria
Sector: Procurement
Grade: GG
Term Duration: 4 years 0 months
Recruitment Type: International Recruitment

Description
Western and Central Africa (AFW) Region

• We need the best and brightest talent focused on Sub-Saharan African countries in order to harness the potential and innovation happening across the continent. Africa is a continent on the move, with a young population and a growing market of nearly 1.2bn people. We are committed to making the Africa regional teams into leading innovation hubs.
• Yet, these vast opportunities are tempered by persistent gaps in education, health, and skills, which have Africa only reaching forty percent of its estimated potential. Moreover, conflict, food insecurity, population growth, and the disruptive forces of climate change threaten to curtail or even reverse the progress that has been made over the past decades.
• In West and Central Africa, the World Bank is a leading partner with a growing portfolio of 387 projects totaling more than $48 billion in areas such as agriculture, trade and transport, energy, education, health, water and sanitationall to support job creation, gender equality, poverty reduction, and better lives. Across the continent, the World Bank’s program has nearly doubled over the last 10 years. By 2030, about 87% of the world’s extreme poor are projected to live in Sub-Saharan Africa, so this is where our mission to end extreme poverty and to promote shared prosperity will be achieved.
• Are you ready to make an impact? We are looking for dedicated professionals to join our innovative and diverse team to improve people’s lives and help countries build back better after COVID.
• Western and Central Africa (AFW) Region: https://www.worldbank.org/en/region/afr/western-and-central-africa

Responsibilities
WB AFW is looking for a Senior Procurement Specialist:

• To improve its capacity, the World Bank West and Central Africa Procurement Unit seeks to recruit a procurement professional, capable of operating effectively in the region.
• Effective, efficient, and transparent public procurement is crucial for achieving AFW’s objectives. The procurement specialist will have to:
• Provide implementation support to the Bank’s portfolio in the country. Including through inputs for policy-based operations, hands-on implementation support and fiduciary due diligence of investment financing.
• Understand relevant procurement markets using analytical tools and approaches to define more effective procurement strategies.
• Efficiently engage in policy dialogue to help countries to reform and improve their public procurement systems.
• The Senior Procurement Specialist will be working under the oversight and mentorship of the Regional Accredited Practice Manager. The duty station for this position is Abuja in Nigeria.

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Selection Criteria

• A Master's Degree with a major in a relevant field (e.g., Business Administration, Engineering, Commerce, Law, Procurement, Public Policy, etc.).
• Minimum of 8 years of proven experience in carrying out technical duties in procurement inside or outside the World Bank.
• High level of integrity.
• Excellent command of English.
• Knowledge of the concepts, principles and practices governing international procurement, with the ability to translate concepts into operational work, including but not limited to VFM, sustainable procurement, strategic sourcing, market analysis, contract management, etc...
• Ability to deal sensitively in a multi-cultural environment and build effective working relations with clients and colleagues.

General Competencies:

• Good interpersonal skills and persuasiveness in presenting, discussing, and resolving highly complex issues, both orally and in writing.
• Autonomous and committed with technical quality.
• Ability to solve problems involving multiple partners and constraints.
• Analytical skills to recognize patterns, extract conclusions and formulate strategies out of information coming from multiple sources and in a variety of forms.

Specific Specialized Skills, Knowledge and Competencies:

• Knowledge of institutions and procurement reforms in Borrower’s countries.
• Understanding of the World Bank’s business objectives, products, and project cycle.
• Understanding of political economy, public policy, public systems and public management.
• Demonstrates knowledge and understanding of contract management tools & methodologies.
• Ability to handle complex, multi-functional, cross-regional projects/programs including maintaining relationships with partners & counterparties.
• Good understanding of risk management.

Required Language(s):

• English

Application Closing Date
17th June, 2022 at 11:59pm UTC

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job No: req17726
Location: Lagos, Nigeria
Sector: Investment
Grade: GE
Term Duration: 2 years 0 months
Recruitment Type: Local Recruitment
Required Language(s): English Preferred, Portuguese

Description

• IFC - a member of the World Bank Group is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries.
• In fiscal year 2021, IFC committed a record $31.5 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of the COVID-19 pandemic. For more information, visit www.ifc.org.
• The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is a global investor and advisor committed to promoting projects in its developing member countries that are economically beneficial, financially, and commercially sound, and environmentally and socially sustainable. IFC finances private sector investments, mobilizes capital in the international financial markets, helps clients improve social and environmental sustainability, and provides technical assistance and advice to governments and businesses in the developing world.
• IFC is looking to recruit an Investment Analyst for its Africa Infrastructure department. The hiring group is responsible for sourcing and executing investment transactions in the power, utilities, logistics, technology, municipal finance, and transportation sectors in the North Africa, Nigeria, Cape Verde, Guinea Bissau, Equatorial Guinea, Sao Tome e Principe, and the Horn of Africa regions (together “the Region”).
• Investment Analysts work closely with IFC’s Investment Officers, who are responsible for the design, negotiation, structuring and subsequent supervision of the IFC’s investment projects. This position is expected to cover all sectors of the group and is based in Lagos, Nigeria.

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Duties and Accountabilities
Responsibilities include but are not limited to:

• Create and review financial models and ensure consistency with financing agreements and relevant project documents.
• Analyze historical and projected financial statements.
• Conduct industry and market research.
• Review company information and prepare reports on periodic financial statements and other information submitted by clients.
• Prepare documentation for IFC internal processes.
• Work closely with IFC environment and social, insurance, technical, legal and treasury staff and external advisors to evaluate and process investment projects.
• Establish and maintain quality client relationships to ensure responsive client service and to enhance new business opportunities.
• Participate in investment negotiations, and in the monitoring of investments in portfolio companies including quarterly reporting, compliance and tracking of development outcomes.

Selection Criteria

• Bachelor’s or equivalent Degree, specialization in Finance preferred.
• Experience at a top tier financial institution (minimum 2+ years) with a proven track record, including experience creating financial models.
• Strong analytical and problem-solving skills and sound business judgment to identify issues and present creative and practical solutions.
• Ability to work successfully in multicultural teams and across boundaries.
• Demonstrated teamwork skills.
• Strong client service orientation with an openness to feedback and new ideas.
• Ability to manage and complete multiple projects simultaneously and meet deadlines under pressure.
• Interest in development issues and working in emerging markets.
• Excellent written and verbal communication skills in English. Language skills in Portuguese are a bonus.

Application Closing Date
8th June, 2022 (11:59pm UTC).

How to Apply
Interested and qualified candidates should:
Click here to apply online

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