The Trust Funds and Partnerships department (DFPTF) is in the Development Finance Vice-Presidency (DFi), reporting to the DFi Vice President. DFi is responsible for the management and monitoring of policies and procedures for the World Bank's development financing vehicles. DFi sets the policy framework for the World Bank Group's development finance by engaging in strategic resource mobilization, playing an intermediation role to help align the needs of recipients, WBG institutional priorities, and priorities of funding partners, through a variety funding instruments. These include the International Development Association (IDA), the World Bank's fund for the poorest, and Trust Funds, including Financial Intermediary Funds (FIFs). Given the nature and variety of this portfolio, DFi works closely with the President's office, Executive Directors, WBG senior management, corporate and operations units across the WBG, funding partners and government officials. The new WBG strategy and corresponding change agenda present an opportunity to further strengthen the Bank Group approach to development finance. As such, DFi has recently undergone a strategic shift and change process, resulting in a more holistic approach to financing, financial policy, and strategic fundraising across IDA, IBRD, and Bank/IFC trust funds and partnerships. As part of this shift, the VPU now includes the following units: Trust Funds and Partnerships (DFPTF). DFPTF is at the forefront of the Bank's engagement in trust funds (including financial intermediary funds, or FIFs), global partnerships and innovative financing initiatives. As such, the department is responsible for managing and administering the Bank's US$44 bn portfolio of trust funds and FIFs, designing and establishing new, multi-donor partnership initiatives underpinned by trust funds and FIFs, and setting the policy and procedural framework for trust funds, FIFs and partnerships.
Development Partner Relations (DFDPR). DFDPR is a cross-institutional undertaking which aims to develop a more coordinated, systematic and strategic relationship with funders across the range of WBG financial instruments to help establish a corporate resource mobilization strategy.
IDA Resource Mobilization (DFIRM). DFIRM is responsible for the replenishment and stewardship of the International Development Association (IDA), the Bank's principal facility for providing highly concessional resources to the world's poorest countries. DFIRM is the institutional focal point for the IDA replenishment process and most recently shepherded the IDA17 replenishment process to a successful conclusion as the highest replenishment ever at $52 billion.
IBRD Corporate Finance (DFICF). IBRD Corporate Finance in the DFi focuses on collaborating on new ways to scale up the overall pool of funds and improve the flexibility of instruments.
DFPTF seeks a Financial Analyst for its Clients Services team.
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 3 year term appointment.
Duties and Accountabilities:
Selection Criteria:
Financial Analyst , The World Bank
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