- Location Singapore
- Recruitment Type International Hire
- Language Requirement English [Essential]
- Closing Date 15-Aug-2017
Background / General description: THE WORLD BANK GROUP
The World Bank Group's primary set of strategic goals, are the eradication of extreme poverty and the promotion of shared prosperity. The organizational architecture underpinning the delivery of these strategic goals is a set of Global Practices (GPs) and Cross-Cutting Solution Areas (CCSAs) that, in concert with the WBG Regions, design solutions that address clients' most pressing developmental challenges, and ultimately, enable the WBG to bring best-in-class knowledge and solutions to regional and country clients. Global Practices with the common goal of assisting clients in the financing and development of infrastructure and urban services and the Public Private Partnership Cross Cutting Solutions Group, have expanded their presence in Singapore. The co-location of these groups in Singapore is maximizing synergies and spillover benefits among teams; building a shared agenda for sustainable service delivery; growing collaboration with IFC and MIGA as a one WBG in the infrastructure investment and advisory services; and leveraging proximity to the infrastructure finance capital markets based in Singapore. SINGAPORE OFFICE Since its independence in 1965, Singapore has developed into a unique global business, finance and transshipment center. Because of its quality of life, world class connectivity, and central role in numerous business sectors—including financial services such as commodity trading, treasury services and project finance; environmental and urban technologies -Singapore now serves as regional and global headquarters for numerous multinational corporations, banks, investment funds and international organizations. Its successful implementation of policies and practices around sustainability and service delivery has made Singapore a standard-bearer and source of global learning in the fields related to integrated urban development. For these reasons, as well as Singapore's easy accessibility to a large number of World Bank Group client countries across Asia and a strong partnership with the Singaporean Government, the World Bank Group is expanding the Singapore office as an Infrastructure and Urban Hub.
The Hub brings together the public and private sides of the World Bank Group to maximize network effects and offer synergistic solutions to clients on complex investment challenges. The office houses knowledge and operational staff from the Transport and ICT GP; the Energy and Extractives GP; the Water GP Infrastructure, PPP and Guarantees (IPG) Group; the Global Infrastructure Facility (GIF); the Quality Infrastructure Investment Partnership (QII); the Public Private Participation Advisory Facility (PPIAF); and the Urban unit of the Social, Urban, Rural and Resilience GP. EAP's Infrastructure portfolio (Energy, Transport, ICT, Water and Urban) is now entirely managed from Singapore. In addition, a team from the Trade & Competitiveness GP is based out of the Office to collaborate with infrastructure colleagues. Several key units of IFC and MIGA are housed in Singapore, including IFC's Advisory Services Group for PPPs, IFC Investment Services, and Syndications, a trading desk of IFC Treasury and a portion of MIGA's Asia operations. The office is also co-located with IFC's Asset Management Company (AMC). The Office has reached a critical mass of 197 WBG staff and is now in a better position to serve clients seeking new approaches to solving complex challenges in infrastructure finance, cross-border investment, utility service improvements and sustainable urban development. REPORTING The World Bank Director in Singapore will have a dual reporting relationship to the World Bank's Vice President for East Asia and the Pacific as well as the Vice President for Sustainable Development. The World Bank Director in Singapore will also maintain close ties with the Global Theme Vice Presidency to ensure synergies with the Infrastructure, PPP and Guarantees (IPG) Group in the implementation of its strategy in particular on the cascade.
Note: If the selected candidate is a current Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be offered a 4 year term appointment.
Duties and Accountabilities: The World Bank Director, Singapore is accountable for performing the responsibilities, modeling the behaviors and maintaining the technical competencies (listed below) in her or his capacity as the Director of the Singapore infrastructure and urban development hub. Accountability means being answerable for managing quality, risks, results, institutional initiatives and compliance with Bank policies and procedures. RESPONSIBILITIES The World Bank Director, Singapore, is responsible for performing activities in the following areas: Business Management responsibilities:
- Oversees the day-to-day operations and administration of the Hub.
- Manages the dialogue with the Government counterparts—including, but not limited to the Ministry of Finance, the Monetary Authority of Singapore, the Economic Development Board and I/E Singapore—on a broad range of policy and implementation issues.
- Provides ongoing updates, guidance, advice and support on local political, social, economic and other relevant developments to management, and visiting missions as needed.
- Works closely with IFC and MIGA Singapore and regional representatives to assure that office positions before the government are representative of World Bank Group concerns.
- Oversees the implementation of the Hub's establishment and funding agreements with Singapore to assure compliance according to the mutual expectations of the institution. Business Management responsibilities related to Infrastructure and Urban Development:
- Assists the Vice Presidents for Sustainable Development, and Global Themes as well as the management of the Global Practices in the development of a coherent strategy for bringing together the infrastructure and urban components of the World Bank as they relate to operational and knowledge activities led from Singapore.
- Works with Singapore-based managers and team leads to implement the strategy, coordinate work programs and knowledge products, and develop unified products, policies and positions related to sustainable infrastructure and urban development (including on the implementation of the Cascade).
- Supports the Vice President for Sustainable Development to develop a cross-infrastructure and urban sustainable development strategy for World Bank operations and knowledge, in coordination with the Sustainable Development Chief Economist, the Strategy and Operations Director, and the Senior Directors of the GPs and the CCSAs. Additional Business Management responsibilities
- Supports the other Vice Presidencies with a presence in Singapore.
- Facilitates coordination in work programs across the World Bank Group, All GPs and CCSAs, IFC and MIGA, for staff operating out of the Singapore office and support the administrative functions of the office for everyone operating there.
- Support staff whose work programs cover other regions.
- Articulates an approach for collaboration among World Bank, IFC, and MIGA units based in Singapore, working jointly with the IFC and MIGA representatives, management and directors. Articulates that strategy internally and externally as necessary.
- Develops with Singaporean and World Bank Group counterparts Singapore-based learning events, conferences and partnerships in order to leverage the location of the Hub. People/ Talent Management responsibilities:
- Leads and motivates the teams with a focus on client orientation, development outcomes, strong cross-practice coordination and problem solving, and takes responsibility for achieving and communicating these outcomes with operational staff, GPs and CCSAs technical staff, and the country management team.
- Manages the functioning of the Hub, models integrity and inclusion, offers mentoring and development opportunities for local and international staff.
- Ensures collaboration between the different GPs/CCSAs teams within the office Resource Management Responsibilities
- Ensures that deployment of Bank's resources are consistent with Resource Management rules, policies and internal controls.
- Sets priorities and allocates budget within and across countries, in line with institutional priorities and a view to maximizing the impact and value-added of the Bank's activities. Relationship Management Responsibilities: (Internal and External)
- Maintains strong partnerships with the governments concerned, development partners, civil society, media, the private sector, and other stakeholders to further the aid effectiveness agenda. Exercises courageous and transformative leadership in dialogue.
- Leads or maintains and further strengthens the relationship and policy dialogue on a broad range of economic and sectoral issues with the Government and key stakeholders. This includes conveying government positions and concerns to the Bank; clarifying the Bank's advice, perspectives, and policies/procedures as needed, helping both Government and the Team translate policy objectives into concrete development proposals.
- Works proactively and innovatively with IFC and MIGA to leverage World Bank financial and technical support, including with the private sector.
- Appreciates the complexities and relevance of political economy considerations on the Bank's development effectiveness in the regions covered by the Hub and collaborates appropriately with, regional and sub-regional institutions in East Asia, and other partners to enhance such effectiveness. Knowledge Management Responsibilities
- Embraces good corporate citizenship, including contributing to the development, implementation and communication of corporate policies, strategies and priorities (including ongoing reforms in investment lending, knowledge management, HR policies, and the 'Global Bank').
- Champions regional management initiatives. Other Responsibilities
- Implements and is accountable for a regional security and safety program covering Bank Group personnel (including registered dependents, travelers on Bank Group business, etc.), property, programs and information.
- Represents the Bank in the country-level UN Security Management System
- Master's degree or PhD in Economics, Finance or relevant field/discipline and substantial professional experience (typically the successful candidate will have at least 12 to 15 years of experience in positions of increasing complexity and responsibility).
- Prior work experience in achieving results on the ground in more than one world region (including both pre-Bank and Bank experience).
- Recognized global leadership in the areas of infrastructure finance, infrastructure policy and economics, with proven operational experience at the country and regional level as well as significant contributions to the knowledge agenda related to infrastructure and urban development.
- Deep understanding of the individual sectors that comprise the infrastructure and urban development agenda through both operations and knowledge.
- Strong strategic orientation in order to link macro and sector strategies as well as lending and non-lending services within a consistent development framework, and to anchor and integrate the overall economic and sector policy dialogue.
- Experience in developing new facilities, including management of funds, staffing and program development.
- Deep understanding of World Bank Group operations, products and instruments, including those of IFC and MIGA.
- Proven ability to negotiate with client and host governments on behalf of the Bank Group.
- Demonstrated ability to communicate the Bank's priorities at the highest level in international fora and can claim broad recognition as a leader in the field of infrastructure development through knowledge work, publications, public speaking and hands-on operational leadership. Bank Managerial Competencies
- Courage of your Conviction: Outstanding WBG managers demonstrate the confidence in their convictions and the integrity to express themselves to peers and superiors even if it is easier or more comfortable to refrain from speaking up. They have the confidence, balanced with humility and judgment, to operate with the intent of doing what is right for the WBG and its clients GI Behavior Anchor: Stands up to others and challenges when necessary
- Leading the Team for Impact: Outstanding WBG managers focus on the WBG purpose and mission in order to provide on-going clarity and vision to their teams. They align capabilities and resources around the WBG mission. They create an energizing and empowering work environment where people are engaged and have the resources necessary to do their jobs, while holding team members accountable for results and improvement. GI Behavior Anchor: Generates high levels of commitment to WBG mission
- Influencing Across Boundaries: Outstanding WBG managers persuade, convince and create buy-in for ideas and initiatives in order to advance their own goals and strategies, consistent with the WBG mission and vision. GI Behavior Anchor: Leverages sophisticated influence strategies
- Fostering Openness to New Ideas: Outstanding WBG managers create open and innovative climates for the people around them. They are transparent, open to divergent views and encouraging of these attributes in others. They promote broad thinking and frank discussion, welcoming others' input into the decision-making process, and they build on others' ideas. GI Behavior Anchor: Facilitates change
- Building Talent for the Future: Outstanding WBG managers build people's capabilities for the future by supporting and leveraging the diversity of staff in terms of their race, gender, nationality, culture, educational and professional backgrounds. They create growth opportunities for others, encouraging them to stretch beyond their current experience or comfort zone. They provide ongoing feedback and development, including long term career development and mentoring, as well as hold their team members accountable for developing others. GI Behavior Anchor: Develops broad capabilities Core Competencies
- Client Orientation - Identifies and evaluates emerging opportunities aligned with WBG strategy, and challenges others to remove barriers and deliver beyond client expectations.
- Drive for Results - Builds a culture that consistently delivers high-quality products and services, and engages others in implementing strategy that has long-term impact on the organization
- Teamwork (Collaboration) and Inclusion - Provides leadership in supporting collaboration and working across boundaries, ensuring diverse talent and capability is mobilized across organizational units.
- Knowledge, Learning and Communication - Champions new methodologies and technologies that enable and promote the dissemination and transfer of knowledge, and ensures that staff communicate in a clear and effective manner.
- Business Judgment and Analytical Decision Making - Influences business decisions to create competitive advantage for the Bank and its clients, taking a lead in key decisions while at the same time rationalizing the decision-making process.
Source: UN Jobs
This article is culled from daily press coverage from around the world. It is posted on the Urban Gateway by way of keeping all users informed about matters of interest. The opinion expressed in this article is that of the author and in no way reflects the opinion of UN-Habitat.