WBG Manager, Capital Markets Development

World Bank Group•Washington, DC

3d•Onsite

About The Position

The World Bank Group’s Financial Services Sector I Global Department is seeking a Practice Manager for its capital market unit, based in Washington, DC, USA. The Practice Manager reports to the Director and leads the World Bank’s global capital market development work and program. The role provides thought leadership, advances global partnerships and knowledge, supports regional and country operations, and oversees the Joint Capital Market Program in coordination with the IFC. The Practice Manager collaborates across technical, geographic, and institutional boundaries to design and deliver development solutions for diverse clients and to share practical development experience across countries. The position is a member of the FSS Leadership Team and the FCI Talent Board, and coordinates with Prosperity Practice Managers and Regional Management Teams. It also supports strategic staffing, talent development, deployment, and performance management.

Requirements

Master’s degree in economics, finance, or financial economics; a Ph.D. is preferred.
At least 12 years of relevant professional experience.
Strong technical knowledge and experience in one or more long-term finance areas, such as capital markets development; institutional investor development, supervision, and legal frameworks for insurance, pensions, or investment funds; infrastructure finance; or housing finance systems.
Strong knowledge of, or meaningful past exposure to, the international financial architecture, including bodies such as the Financial Stability Board, standard-setting bodies, the G20, and the G7.
Excellent leadership and supervisory skills, with a track record of managing multi-location and virtual teams.
Strong operational and development experience in more than one relevant world region.
Demonstrated in-depth experience and results working across practices, disciplines, and institutional boundaries.
Strategic judgment, including the ability to prioritize and discontinue activities, with a track record of streamlining and rationalizing product offerings.
Partnership experience involving multiple public and private stakeholders in collaborative alliances for results.
Experience applying practice expertise and effective policy dialogue to achieve development results.
Strong written and oral communication skills, including experience engaging with media, external constituencies, and expert groups at senior levels, and influencing and soft-diplomacy skills.
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.

Nice To Haves

Ph.D. in economics, finance, or financial economics.
Technical knowledge and experience in one or more of the stated long-term finance areas.
Experience working in fragile, conflict-affected, and violent (FCV) contexts.
Technical knowledge and experience in the listed areas is highly desirable.

Responsibilities

Provide thought leadership in developing, implementing, and scaling the World Bank capital market development program globally.
Lead global capital market development work, including maintaining global partnerships, working with global standard-setting bodies where relevant, conducting applied analysis and research on frontier issues, supporting World Bank regional teams, and disseminating global knowledge.
Oversee the JCAP flagship Joint Capital Market Program, coordinating closely with the IFC.
Work with Global and Regional Directors, Practice Managers, and teams to support country- and regional-level analytics, advisory services, and lending projects through tailored technical inputs and quality reviews grounded in global experience and best practices.
Partner with other Practice Managers and Global Practices, as well as public and private stakeholders, to develop tailored and holistic solutions that accelerate local capital markets in EMDEs and private capital mobilization.
Promote technical excellence, learning, and innovation within the capital market team and Global Practice, and attract and develop talent reflective of client diversity.
Support Global Practice management in developing and implementing strategies for global staffing, deployment, talent, and performance management.
Communicate effectively with stakeholders, clients, beneficiaries, the public, and internal and external partners.
Collaborate across technical, geographic, and institutional boundaries to design and deliver development solutions and support global knowledge flows.
Coordinate with Prosperity Practice Managers and Regional Management Teams as a member of the FSS Leadership Team.
Oversee strategic staffing, career development, and deployment of Global Practice staff across the Bank as a member of the FCI Talent Board.