World Bank Financial Sector Specialist Jobs

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World Bank Financial Sector Specialist Jobs 2024 – Nigeria NGO Jobs.

World Bank Nigeria looking for “Financial Sector Specialist”.

Applicants with a Master’s degree may apply on or before 15 April 2024.

The World Bank Group (WBG) is one of the world’s largest sources of funding and knowledge for development solutions – providing loans, grants, equity investments and guarantees to its members and private businesses. The vision of the World Bank Group (WBG) is the eradication of extreme poverty and the promotion of shared prosperity by fostering income growth of the bottom 40 percent in each country.

The World Bank has published a job vacancy announcement on 05 April 2024 for qualified Nigeria’s to fill in the vacant post of Financial Sector Specialist to be based in Abuja, Nigeria.

World Bank Job Vacancy 2024

Scope of Work: This recruitment is for a Financial Sector Specialist based in Abuja, Nigeria with a reporting line to the Regional FCI Practice Manager (EAWF2). The focus of the role is on buttressing financial stability and integrity within Nigeria’s financial systems with potential responsibilities in the broader financial sector work program and elsewhere in the West Africa unit sub-region.

Amongst other tasks, the selected candidate will be expected to:

Monitor and identify potential sources of systemic risk in the Nigerian financial system, with a focus on the banking and securities market. This requires both qualitative and quantitative systemic risk monitoring, in particular quantitative analysis leveraging large, granular proprietary datasets and harnessing market intelligence. It also entails the tracking and analysis of banking regulations issued by CBN from time to time. These analyses feeds into policy discussions at the highest levels and is a core component of the World Bank’s semi-annual Nigeria Development Update.
Undertake regular review of the financial safety net and crisis management frameworks in the country to identify changes that may be needed as the sources of risks evolve and in adapting best practices and standards that may be issued by international standard setting bodies, drawing on the expertise of FCI’s global teams, as necessary.
Provide technical support in rectifying existing Anti-Money Laundering/Terrorist Financing (AML/CFT) deficiencies in the country.
Support quality implementation of ongoing FCI lending operations, analytical and advisory services work.

Qualification & Experience:

Master’s degree in the areas of finance, business, management, economics, or related discipline. Central Bank experience is an added advantage.
At least 5 years of relevant professional experience with a focus on macroprudential policies, financial stability, systemic risk assessment and financial regulation and supervision.
Knowledge and experience of policy and regulatory reforms related to financial sector development in emerging markets.
Strong understanding of stakeholders in the financial sector landscape in Nigeria across policymakers, regulators, market participants, and users.

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