About the Job
At the World Bank, a member of the World Bank Group (WBG), you’ll join a diverse, global community working across cultures, disciplines, and borders to address the world’s most pressing development challenges. With 1.2 billion young people reaching working age in the decade ahead, the challenge of job creation has never been greater. Through partnerships across 145 countries and more than 182 offices worldwide, we work with governments, private sector, development partners and other stakeholders to invest in people, strengthen markets, and deliver scalable, data-driven solutions that generate more and better jobs and improve lives. For more information, visit https://www.worldbank.org/en/who-we-are/ibrd Nigeria is among the largest economies in Africa, with a gross domestic product (GDP) of approximately US$363 billion in 2023, but over 40 percent of its population live in poverty. Economic growth over the past decade has not maintained pace with population growth: real income per capita in 2023 was US$2,455, lower than US$2,490 recorded in 2010. Nigeria’s key development constraints include the high dependence on oil, insufficient economic diversification and inclusive growth, and a poor scorecard on good governance and service delivery including investments in human capital. As a diverse federation of 36 autonomous states and 220 million people, federal-state coordination is a challenge. Pathways for development include improving economic governance and generating more trust in State institutions, boosting government investments in human capital, expanding social assistance programs to sustain the move away from fuel subsidies, and improving opportunities for the young and entrepreneurial to diversify the economy and invest in inclusive economic growth. The World Bank currently has a US$15bn active portfolio in Nigeria supporting 27 projects across the Human Development (HD), Economics, Finance, and Innovation (EFI), Sustainable Development (SD) and Infrastructure Development (INFRA) sectors. Of the total portfolio, 47% is federally executed and 53% is executed at the state-level (with the funds provided as grants or loans by the federal government). At the end of FY24, the Nigeria portfolio disbursed over $2.7 billion for FY24 (July 1, 2023, to June 30, 2024), with a disbursement ration of 28.6%. The Nigeria Country Management Unit (CMU) is seeking to engage a short-term consultant (Operations Analyst) to provide operational support to the CMU in the management of its sizable investment. Duties and Accountability: The key accountabilities are as follows: Support CMU monitoring of operational quality • Provide general operational support to the Operations Manager and Country Director in the oversight of preparation and implementation of lending operations. • Undertake routine monitoring of project implementation including monitoring disbursement and designated account balances, project readiness, and compliance with effectiveness and disbursement conditions. • Participate in routine check-in meeting with project teams, prepare brief on project progress in advance, prepare summary of meetings, follow up with teams in implementation of agreed actions. Analysis and reporting on portfolio performance/quality • Produce reports and analysis of the Nigeria portfolio and provide inputs into monthly portfolio performance reports. • Independently undertake periodic routine monitoring, including of disbursements, proactivity on problem projects, closing projects, PPAs, ISRs due and other aspects of portfolio performance. • Use data from Standard Reports, SAP, Client Connections, and other sources to produce excel-based analysis of current and historical portfolio performance and prepare reports for portfolio team, region and country team and Ministry of Finance. • Prepare PowerPoints which summarize program portfolio performance extracting information from analysis and presenting key messages for requisite audiences