MNA FellowJob #:
req38860
Organization:
World Bank
Sector:
Financial Sector
Grade:
EC1
Term Duration:
Extended Term Consultant (ETC)
Recruitment Type:
Local Recruitment
Location:
Washington, DC,United States
Required Language(s):
English
Preferred Language(s):
Closing Date:
11/4/2026 (MM/DD/YYYY) at 11:59pm UTC
Description
The Financial Services Sector (FSS) Global Department aims to support client countries to create an enabling environment in which financial stability, efficiency, and firm-level solutions are provided in an integrated way to crowd in the private sector, support the creation of markets, and accelerate equitable growth. The Financial Services Sector Department supports emerging markets and developing economies in developing deep, inclusive, efficient, and resilient financial systems. As a key sector under the WBG Knowledge Bank, FSS leverages its financial sector knowledge and global-regional insights to enhance the enabling environment and deliver practical solutions for our clients to meet their biggest development challenges.
The Financial System Resilience and Integrity (WKPFR) team strengthens banking sector stability in client countries. It delivers Financial Sector Assessment Programs (FSAPs), technical assistance on financial stability and integrity, and e.g. crisis simulation exercises. The unit promotes compliance with international standards on banking supervision, deposit insurance, and bank resolution. It coordinates WBG engagement with the FSB, BCBS, and IADI, advocating for EMDE perspectives. For more information, visit Financial Integrity & Stability.
Duties and Responsibilities• Lead assessments of banking supervision, bank resolution, deposit insurance, and emergency liquidity assistance (ELA) frameworks against international best practices (BCBS Core Principles, FSB Key Attributes, IADI Core Principles).
• Deliver FSAPs and technical assistance programs on crisis preparedness, financial safety nets, and banking supervision and regulation in EMDEs.
• Design and facilitate financial sector crisis simulation exercises with central banks, resolution authorities, and finance ministries.
• Assess financial stability risks from crypto-assets, stablecoins, and digital finance; advise client countries on proportionate regulatory approaches.
• Analyze cyber and AI-related risks to financial stability; integrate findings into FSAPs and technical assistance programs.
• Engage with the FSB, IADI, and BCBS; represent WBG positions and promote EMDE perspectives in global standard-setting.
• Produce knowledge products - technical notes, policy briefs, and analytical reports - on financial stability, banking supervision, and emerging financial risks.
Selection Criteria
• Master's degree and at least two years of relevant work experience, or equivalent combination of education and experience.
As the World Bank Group continues to evolve, we value candidates who:
- Demonstrate the ability to collaborate effectively across teams, disciplines, cultures, and institutional boundaries.
- Responsibly leverage digital and AI-enabled tools to enhance productivity, learning, and decision-making.
- Bring experience working in fragile, conflict-affected, and violent (FCV) contexts and are encouraged to highlight relevant experience in their application materials, where applicable.
