E T ConsultantJob #:
req38295
Organization:
World Bank
Sector:
Financial Sector
Grade:
EC1
Term Duration:
1 year
Recruitment Type:
Local Recruitment
Location:
Washington, DC,United States
Required Language(s):
English, Spanish
Preferred Language(s):
Closing Date:
9/18/2026 (MM/DD/YYYY) at 11:59pm UTC
Description
This is a TOR for an STC to ETC conversion in the Global Insolvency & Debt Resolution Program of the Financial Services Department.
The Extended Term Consultant (Financial Sector Specialist) responsibilities will include:
- Support the Insolvency & Debt Resolution Program including working with the senior team members of the Program to deliver advisory services and technical support to external clients and World Bank Group colleagues in the areas of corporate and personal insolvency, debt resolution, alternative dispute resolution, secured transactions, corporate debt restructuring and broader financial inclusion issues. This will include research, analytical deliverables, legal assessments and administrative tasks.
- Evaluate the legal infrastructure of financial sector regimes, including analyzing laws, regulations, registries, and institutions to identify weaknesses in Non-Performing Asset (NPA) resolution frameworks, including formulating reform recommendations for the respective clients.
- Provide support to the senior team members in the delivery of implementation work to build capacity amongst varied stakeholders in the field of restructuring and insolvency (e.g. financial institutions, courts and regulators) including in the development of stakeholder discussion fora, working groups and task force initiatives. This will require liaising with external partner organizations and developing joint initiatives.
- Conduct research including comparative research and undertake project-based analysis in the above technical areas to support senior team members.
- Support stakeholder and client workshops and training events in relation to workouts, creditor debt enforcement, and corporate and personal insolvency
- Manage multi-stakeholder relationships, including between government clients, financial institutions and Non-Bank Financial Institutions, business associations, and the private sector.
- Contribute to Knowledge Management initiatives, including through the development of benchmarking, diagnostic reports, implementation manuals, internal and external articles and publications that aim to capture global trends, practices, and lessons learned. Prepare PowerPoints, analytical research memoranda, marketing materials, communication strategies and related project documents in support of operational work.
This position will involve extensive travel, including to low-income countries and fragile or conflict-affected states. This position could also provide opportunities to work across related World Bank engagements in areas like Digital Economy, financial inclusion, MSME finance, social protection, fintech and financial sector stability.
Selection Criteria
- Advanced degree in Law (JD, LLB, LLM or equivalent) or economics or a related field with a minimum of 3 years of relevant experience.
- Experience in the areas of corporate or personal insolvency is required including familiarity with the World Bank Principles for Effective Insolvency and Creditor/Debtor Regimes. Related experience, for instance in banking law, corporate finance, litigation, alternative dispute resolution and general commercial law is an asset but is not required.
- Experience working for or with financial institutions, law firms or other international financial institutions is an asset.
- Strong research, analytical, and writing skills are essential.
- Demonstrated ability to work flexibly and independently on a range of assignments, and to work under pressure to produce high-quality output in response to tight deadlines.
- Proven ability to plan, direct, organize, and administer diverse activities to ensure successful and timely delivery of work programs.
- Ability to function effectively in multi-disciplinary teams and to work sensitively in multi-cultural environments.
- Strong organizational and communications skills are essential.
- Strong project design and management experience and strong leadership, organizational, and communications skills with proven operational skills such as managing consultants and budgets.
- Willingness to undertake extensive global travel.
- Ability to meet expectations on quality, time, and budget.
- Excellent oral and written English language communication skills as well as fluency in Spanish.
World Bank Group Core Competencies
As per WBG policy, an Extended Term (ET) appointment is subject to a lifetime maximum of three (3) years. Former and current ET staff who have completed or are in the process of completing their third-year ET appointment are not eligible for future ET appointments.
