Chief Counsel, Corporate Finance

Job Posting Organization:
The World Bank, a member of the World Bank Group (WBG), is a prominent international financial institution established to provide financial and technical assistance to developing countries. The organization aims to reduce poverty and support development by providing loans, grants, and expertise to help countries implement projects that improve their economic prospects and quality of life. The World Bank operates in over 145 countries and has more than 182 offices worldwide, employing a diverse workforce committed to addressing global challenges. The organization focuses on creating sustainable solutions to pressing issues such as job creation, economic growth, and social equity, making it a key player in international development.

Job Overview:
The Chief Counsel, Corporate Finance position at the World Bank is a senior role within the Legal Vice Presidency (LEG) that requires a strategic leader to provide legal advice and support on a wide range of financial transactions and corporate finance matters. The Chief Counsel will report directly to the Deputy General Counsel (DGC) for Finance and will be responsible for overseeing the LEG Corporate Finance Practice Group (LEGFI). This role involves managing legal aspects of the World Bank's market-facing financial transactions, including bond issuance, risk management transactions, and innovative finance mechanisms. The Chief Counsel will also collaborate with various internal and external stakeholders to ensure compliance with legal standards and to promote the World Bank's mission of reducing poverty and enhancing economic growth. The position demands a proactive approach to legal challenges and the ability to provide innovative solutions that align with the World Bank's strategic objectives.

Duties and Responsibilities:
The Chief Counsel will have a comprehensive set of responsibilities, including:

• Leading the LEGFI team in executing its mandate and functions, ensuring that legal advice is provided effectively and efficiently.
• Managing and mentoring staff within the LEGFI, promoting their professional development and career growth.
• Overseeing the budget management for LEGFI, ensuring that financial resources are allocated appropriately and effectively.
• Representing the World Bank at public and professional forums, advocating for the Practice Group's leadership position in corporate finance.
• Collaborating with other Practice Groups within LEG and across the World Bank Group to ensure consistency in legal strategies and messaging.
• Disseminating best practices and lessons learned within the Practice Group and contributing to the overall knowledge management initiatives of the organization.
• Engaging with key stakeholders and development partners to further the aid effectiveness agenda and enhance the World Bank's impact in the financial sector.

Required Qualifications:
Candidates must possess a Juris Doctor (JD), LL.M, SJD, or an equivalent legal qualification. A minimum of 12 years of relevant post-qualification legal experience is required, particularly in areas related to corporate finance and international financial institutions. Proven experience in building and managing teams, mentoring staff, and fostering a collaborative work environment is essential. Candidates should demonstrate expertise in the governance structures and business models of the World Bank Group and have a strong understanding of financial reporting and legal compliance in the context of international finance. Exceptional leadership, strategic planning, and negotiation skills are critical for success in this role.

Educational Background:
The educational background required for this position includes a law degree (JD, LL.M, SJD) from an accredited institution. Advanced legal qualifications or certifications in corporate finance or international law are highly desirable. Continuous professional development and training in relevant legal fields are also encouraged to keep abreast of changes in international finance and legal practices.

Experience:
The ideal candidate should have at least 12 years of post-qualification legal experience, with a strong focus on corporate finance, legal advisory roles, and experience working with international financial institutions. Experience in managing complex legal issues, providing strategic advice, and leading teams in a dynamic environment is essential. Candidates should also have a proven track record of successfully navigating legal challenges in the financial sector and demonstrating the ability to implement transformative change management initiatives.

Languages:
Fluency in English is mandatory for this position, as it is the primary language of communication within the World Bank. Proficiency in additional languages, particularly those relevant to the regions in which the World Bank operates, is considered an asset and may enhance a candidate's application.

Additional Notes:
This position is classified as an Open-Ended Staff role, indicating that it is a permanent position within the organization. The recruitment is open to international candidates, reflecting the World Bank's commitment to diversity and inclusion in its workforce. The role is full-time, and the successful candidate will be entitled to a comprehensive benefits package, including retirement plans, medical and life insurance, paid leave, and parental leave. The World Bank is an equal opportunity employer and values diversity in its workforce, ensuring that all candidates are treated fairly regardless of gender, race, ethnicity, or other characteristics.