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About:
The World Bank is a vital source of financial and technical assistance to developing countries around the world. Their vision is to create a world without poverty on a livable planet.
They are not a bank in the common sense; they are made up of two unique development institutions owned by 189 member countries: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).
Each institution plays a different but collaborative role in advancing the vision of inclusive and sustainable globalization. The IBRD aims to reduce poverty in middle-income and creditworthy poorer countries, while IDA focuses on the world’s poorest countries.
Their work is complemented by that of the International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA) and the International Centre for the Settlement of Investment Disputes (ICSID).
Together, they provide low-interest loans, interest-free credits and grants to developing countries for a wide array of purposes that include investments in education, health, public administration, infrastructure, financial and private sector development, agriculture and environmental and natural resource management.
Role:
Counsel
Qualifications:
An LLM degree, J.D. or equivalent, with a minimum of five (5) years of relevant experience, and admission to the Bar (or equivalent) in at least one jurisdiction is required.
General Competencies Required
– Excellent legal research, writing, drafting, analytical and communications skills.
– Excellent interpersonal skills.
– Experience in international, commercial or contract law, in transactional legal work and the preparation and negotiation of legal agreements.
– Excellent legal drafting skills, including of agreements and legal memos.
– Familiarity in the use of varied legal research sources (including electronic sources on the internet) and other databases.
– Proven ability to operate effectively as a member of one or more teams; must be a self-starter and collaborate well with others; ability to exercise sound judgment in recognizing what issues to bring to the attention of the Chief Counsel and/or another supervising Lead Counsel, and which to handle autonomously.
– Proven ability to identify and help manage legal risk, through sound judgment, determining and escalating risk appropriately, providing risk-based advice, and guide more junior staff on the same.
– Proven ability to deal sensitively in multicultural and multi-ethnic environments and build effective working relationships with clients and colleagues.
– Ability to supervise and work with local counsel in a collaborative and collegial way.
– Ability to work under time pressure and to manage multiple tasks within tight deadlines.
– Ability and willingness to move to a field position in a World Bank country office within a few years of joining the World Bank based on business needs.
* Legal Drafting, Research and Communication: Proven ability to draft transactional documentation (e.g., loan agreements or other financial agreements), briefings and a variety of legal instruments and related documents independently. Conducts research as necessary to acquire insight and information. Is aware of the need for precision and focus on quality. Uses a writing style that is clear and precise.
* Independence: Carries out work with due care, preparing accurate documents and reports, ensuring that pertinent facts are fairly presented without seeking to obfuscate (either through too much information or withholding relevant information). Interprets information in an objective manner, exercising professional skepticism when required.
* Professional Maturity: Understands others and the reasons for their behavior. Takes the time to clarifying others’ points of view so that progress can be made particularly in situations of stress or conflict. Proven ability to deal sensitively and effectively across organizational boundaries, as a team member, in multi-cultural environments and build effective working relations with clients and colleagues. Accepts and implements decisions made by management.
* Legal Reasoning: Breaks down problems into their component parts. Articulates the implications of situations in a step-by-step way. Remains objective when reviewing problems or situations to understand the issues. Makes sure to seek or possess all relevant facts.
* Recommends and takes decisive action: Applies critical thinking and seeks inputs and experience from others to recommend a course of action consistent with the WBG’s strategy. Evaluates risk and anticipates the short and long-term implications of decisions. Commits to a decision and takes action once a decision has been reached.
* Delivers Results for Clients: Contributes to delivery of results for clients on complex issues. Sets challenging goals that align with the WBG mission and is always looking to improve. Understands clients’ most pressing challenges and contributes to solutions. Takes personal responsibility for producing high quality work, identifying and informing of risks, and delivering results for clients.
* Collaborates within Teams and Across Boundaries: Takes personal responsibility and accountability for timely response to client queries, requests or needs, working to remove obstacles that may impede execution or overall success. Shares information and frames thinking/actions with a corporate perspective in mind.
* Leads and Innovates: Brings new and different insights. Applies critical thinking to current approaches, identifies areas for improvement, and tries new solutions that drive results. Considers own behavior in context of WBG’s values and mission and recognizes impact one has on others. Operates in ambiguity and changing needs and supports others to do the same.
* Creates, Applies and Shares Knowledge: Actively contributes to and readily applies WBG’s body of knowledge for internal and/or external client solutions. Contributes to the department’s and WBG’s body of knowledge by applying lessons learned and expertise. Actively invests in own knowledge and seeks feedback. Builds personal and professional networks within and beyond the work group.
* Makes Smart Decisions: Leverages available data and makes timely decisions. Seeks and analyzes facts, data and lessons of past experience to support sound, logical decisions regarding own and others’ work. Applies cost/benefit analysis to meet work program objectives. Contributes to decision making by providing relevant risk-analysis. Shows initiative when necessary and makes decisions in a timely manner within own area of responsibility.
Values, Leadership Potential
– Demonstrated commitment to the World Bank Core Values for WBG and a proven track record of fostering a strong and healthy culture of diversity, inclusion, teamwork, honesty, trust, openness, integrity, and accountability.
– Demonstrated ability to be sensitive to issues around race, gender, ethnicity, inclusion, and intersectionality.
– Demonstrated ability to work collaboratively and foster a positive working environment.
– Demonstrated commitment to the Bank’s mission, and ability to work towards WBG’s corporate targets for successful outcomes.
– A strong results-oriented mindset.
Responsibilities:
The Counsel positions require demonstrated ability of rigorous analytical skills, to work harmoniously in a team, and to exercise good judgment. The level and quality of these skills will be a determining factor in the selection for the position, and references will be given consideration in this determination.
The Counsel will be expected to handle the following areas of responsibility:
– Draft, review, negotiate and finalize legal agreements under the Counsel’s portfolio.
– Cover a broad portfolio of countries, providing risk-based advice to clients on legal and policy issues in operations.
– Identify, assess and provide advice to management and staff under the legal risk management framework being developed, including rating and reporting of legal risks, and serve as a champion as that framework is developed and fully implemented.
– Participate in or lead on initiatives or teams, through coordination of portfolios or programs, management of client relationships, participating in dialogue on corporate priorities and other areas relevant to the assigned functional scope.
– Provide legal advice to ongoing projects and programs, including reviewing project and program documents, for adherence to World Bank Group policies, procedures and business objectives.
– Conduct comparative legal analyses on a range of issues in operations, identify legal and policy issues, research for relevant precedents, and propose appropriate solutions to colleagues and clients.
– Engage in policy discussions and negotiations with officials internally and externally, developing relationships with members of the legal profession and lawyers working in development partner agencies.
– Protect the World Bank’s interests and promote its goals and values.
– Write and review policy papers, undertake legal research on topics in an area of concentration and contribute to dissemination of policy and best practices in a given field.
– Prepare legal briefs on diverse topics, as required.
– Work to advance the LEG VPU’s knowledge management agenda and use of technology; and
– Perform ad hoc assignments as requested by the Chief Counsel or designated Lead Counsel.
How to apply:
Interested candidates can send Apply here
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