Chief Counsel

World Bank Group•Washington, DC

About The Position

The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty and promoting shared prosperity. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, visit www.worldbank.org. VPU Position Context: The World Bank Group (WBG) is one of the world’s largest sources of funding and knowledge for developing countries. It uses financial resources and extensive experience to help our client countries to reduce poverty, increase economic growth, and improve quality of life. To ensure that countries can access the best global expertise and help generate cutting-edge knowledge, the WBG is constantly seeking to improve the way it works. Key priorities include delivering measurable results, promoting openness and transparency in development, and improving access to development information and data. In the context of the WBG's broad development agenda, the Legal Vice Presidency (LEG), under the Senior Vice President and Group General Counsel (SVP/GGC), is responsible for providing legal advice and support to internal and external both World Bank and, where pertinent, more broadly WBG clients on operational, advisory, financial, administration, and institutional matters. In addition, LEG helps to ensure that all World Bank activities comply with the Articles of Agreement of all WBG institutions, policies and procedures. Organizationally, LEG includes geographically based regional Operational Practice Groups devoted to the legal and policy aspects of the World Bank's lending and technical assistance operations, and Corporate Practice Groups, which provide advice on corporate finance, policy and partnerships, and administrative and institutional matters. Practice Group Context: The LEG Capital Mobilization Practice Group (LEGCM) is, together with the LEG Corporate Finance (LEGFI) Practice Group, part of the LEG Finance team under the oversight of the Deputy General Counsel (DGC), Finance. The LEG Finance team advises on structuring of innovative finance mechanisms and private capital mobilization, and also handles the legal, governance, and policy aspects of the International Development Association (IDA), trust funds, and financial intermediary funds (FIFs), including resource mobilization activities such as IDA replenishments and donor-facing financial and policy matters. The LEG Finance team also jointly manages the legal aspects of the World Bank’s market-facing financial transactions, including bond issuance, risk management transactions, liquid asset investments, pension and benefit plan investments, and new financial products and services. LEGCM and its staff provide ongoing legal advice, support and expertise in the following core areas: • Innovative Finance: the design and structuring of innovative finance mechanisms and capital mobilization to leverage public and private capital for the World Bank Group and its partners. These include the World Bank’s balance sheet optimization initiatives such as bilateral member guarantees, market-facing hybrid capital, portfolio guarantees and originate-to-distribute initiatives; World Bank-issued Outcome Bonds, and management of capital markets-facing mechanisms for World Bank partners such as the International Finance Facility for Immunisation, the CIF Capital Markets Mechanism and the Tropical Forests Forever Facility, • IDA Finance, Policy and Institutional Matters: legal, governance, and policy issues in connection with IDA replenishments and cross-cutting finance and operational matters, including balance-sheet optimization and other finance innovations. • World Bank-administered Trust Funds and FIFs: trust fund policy, practice and procedural issues in connection with the structuring and negotiating of trust funds and FIFs, the development (in conjunction with the LEG Operational Policy Practice Group - LEGOP) of model forms of trust fund documentation, and the review of trust fund proposals, and drafting and negotiating agreements with donors and recipients. • WBG Strategies: the development and implementation of WBG finance strategies and their implementation plans.

Requirements

Professional qualifications must include JD, LL.M, SJD or equivalent.
At least 12 years of relevant post-qualification legal experience, including experience in the matters described as within the function of LEGCM above.
Expertise and knowledge of WBG and IFIs; in-depth knowledge and experience with WBG operations as well as the partnerships portfolio will be a strong advantage.
Proven ability to provide strategic and intellectual leadership on a wide variety of innovative financing and capital mobilization matters and demonstrated ability to provide internal and external counterparts with technically sound, innovative, timely and practical advice and solutions to meet the needs of the Bank’s strategic and operational priorities and particular transactions, and to resolve complex legal issues.
Exceptional leadership and strategic planning skills, including proven ability to effectively implement complex and transformative change management initiatives.
Proven track record of building and managing teams, mentoring, coaching and empowering staff to work independently and think creatively about development and other challenges facing the organization, provide support for learning and professional development, and prepare them to take on increasing responsibilities and adapt to change.
Proven ability to effectively work with colleagues and integrate the work of multiple business units covering diverse activities.
Receptivity to feedback and constructive criticism; outstanding written and verbal communications skills.
Has the ability to create a thoughtful strategy for generating consensus both inside and outside the Bank on divisive legal issues; is able to lead and handle negotiations diplomatically. Recognizes that there are times when negotiation calls for an approach that is both principled yet flexible. Reaches out to colleagues to test strategy. Is seen as trustworthy by all those involved. Is able to lead complex negotiations

Responsibilities

Under the guidance of the DGC Finance, leads LEGCM in carrying out its functions and mandate as described above (see Practice Group Context).
People/Talent Management accountabilities. Manages LEGCM’s staff, including enabling staff to effectively carry out the assigned work program and actively promoting career development opportunities. Manages and oversees the engagement of technical consultants.
Resource Management accountabilities. Effectively manages LEGCM’s budget in a resource-constrained environment; ensures effective formulation of the unit’s budget proposal, input into budget decisions and managing the unit's financial resources effectively and efficiently.
Relationship Management accountabilities (internal and external). Provides ongoing representation of the Bank and outreach to key stakeholders. Keeps the Practice Group abreast of key stakeholder dialogue. Coordinates and collaborates with other development partners to further the aid effectiveness agenda.
Represents the Practice Group at public and professional fora to help and promote the Practice Group's and LEG's leadership position.
Knowledge Management accountabilities. Disseminates best practices and lessons learned. Manages the learning and knowledge flows in the Practice Group and supports implementation of VPU-wide knowledge initiatives.
Contributes to LEG strategic priorities and issues beyond the scope of the Practice Group, actively participates in the development and implementation of LEG’s Business Model.
Fulfilling all of the above and leading by example with a collaborative, team-oriented, Bank-first, mindset and approach and instilling that approach and values in others.
Such other or different responsibilities and functions as may be specified from time to time by the DGC Finance or the SVP/GGC.

Benefits

The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.
We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

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