Title: Vice President of Advocacy and Policy
Reports to: President of NGO
Classification: Full-time
Location: New York, NY
Start Date: Immediate


Summary:
The Vice President of Advocacy and Policy is responsible for closing the gap in our Women’s World Banking mission to reach and impact 100mm low income underserved/underbanked women globally. The mandate of the Advocacy and Policy function is to deliver valued insights and ultimately influence key stakeholders with whom we partner.

Women’s World Banking advocates to:

  • Financial Services Providers (FSP’s)
  • Donors/Investors
  • Regulators/Government

Advocacy’s Value Proposition:
Financial Services Providers

  • We develop and communicate the business case for leveraging dormant accounts, reaching untapped markets, identifying acquisition opportunities and/or expansion into new segments.
  • We create commercially viable (bundled) product solutions that deliver “lifetime customer value”.
  • We increase gender diversity (documented through Network Members reporting, Leadership Diversity Innovation Program insights, Fund reporting).
  • We design the solution and develop proof of concept. Advocacy promotes the story of the value proposition of this solution in key markets ensuring a scalable and/or replicable impact.

Donors/Investors

  • We make the case for increasing investment in financial inclusion initiatives for women
  • We will increase the # of women targets, ensuring women are included in all financial inclusion projects.
  • We create opportunities for donors to have a better impact, achieve Sustainable Development Goals, impacting the economy if women are included in sustainable, replicable financial solutions.
  • We make gender lens investing the new norm, increasing the amount of investments made thru a gender lens.
  • We are the advocate for investments that have measurable social impact.

Regulators/Governments/Policy

  • We ensure policies have legitimate women’s focus and don’t exclude women
  • We conduct research on women-friendly policies and their impact
    • Identification
    • Moveable collateral
    • Gender disaggregated data
    • Government procurement
  • We design/adapt government-to-person (G2P) programs for women’s inclusion
    • Support the development of strategy
    • Ensure linkage of G2P’s and Women’s accounts

 Responsibilities:

  • Drive greater public and private sector attention on enhancing women’s access to financial services, thereby enabling women to participate more fully in the local economy, to strengthen their stature in the community, and to contribute more broadly to economic growth and development.
  • Promote a sharper focus among national, regional, and global policymakers on women’s empowerment by offering practical, evidence-based insight into innovative technologies and policies that improve lives by increasing women’s use of appropriate savings, credit, payments, and insurance vehicles.
  • Accelerate governments’ adoption of more efficient and effective means of delivering public services when seeking to promote the financial health of women and their families such as through social welfare benefits and other government-sponsored transfers.
  • Increase private sector funding for commercially viable business models that will benefit women’s financial inclusion by giving investors and creditors deeper insight into those products, services, business models, and technology that are better designed and more sustainable for the financial needs of women and more highly correlated with successful business outcomes.
  • Oversee the creation, management, and analysis of data stemming from Women’s World Banking’s past and current experiences as an advocate and investor and its impact on women’s financial inclusion, on their economic welfare and that of their families, and on the growth and development of local communities and the greater economy.
  • Identify and promote sound policy research into relevant topics, leveraging especially the unique experiences, knowledge, and insight that Women’s World Banking has developed over its forty years as an advocate and investor; learn and incorporate lessons from others’ experiences as well.
  • Engage with national, regional, and global policymakers, regulators, and standards-setting bodies to identify impediments in laws, regulations, and market practices to women’s financial inclusion; offer, in turn, sound and practical advice on ways to bridge gaps in policy and market frameworks and create opportunities for women to thrive financially and make greater contributions to the economy

Success Factors/Key Metrics:

  • Advocacy Impact FSP’s
    • Women’s access to and engagement with the solution
    • #’ of times solutions are replicated
    • % of women on Board, Staff, and/or Management positions
    • Retention
  • Advocacy Impact Donors
    • Increase the # of women targets, ensuring women are included in all financial inclusion projects.
    • Gender lens investing the new norm, increasing the amount of investments made thru a gender lens.
  • Advocacy Impact Regulators/Policy
    • Budget allocation to Financial Inclusion efforts
    • Account openings (and/or usage) for G2P
    • Cost of remittances
    • Make women’s financial inclusion a “top five” priority issue for financial regulators and policymakers in India, Indonesia, Mexico, Egypt, Nigeria, and Bangladesh.

Key Partners (Positions):

  • Chief Executive Officer
  • President NGO
  • Chief Financial Officer
  • Human Resources
  • Chief Investment Officer WAM
  • VP Engagement Services

Required Qualifications:

  • A communications strategist; able to access/leverage information assets and effectively move diverse stakeholder groups. Major international media experience (writer, editor and/or creator). Possesses outstanding written and oral communications skills, with an ability to influence audiences of generalists or specialists and to represent Women’s World Banking’s capably and persuasively in interactions with the media and the public.
  • A deep commitment to supporting and overseeing (1) research on women’s participation in financial services and the impact on the community and the economy; (2) the development of evidence-based policy proposals to improve women’s access to those services; and (3) the formulation and execution of an advocacy strategy for those policies on a global scale.
  • Broad expertise in financial services and the structure of financial markets, especially in an emerging or developing country context, in industry practices, and in national and global regulatory frameworks.
  • Significant policy-shaping experience; able to build relationships with senior public sector leaders and in leading or influencing policy-making at the level of a minister of finance, a central bank governor, or the head of a regulatory agency, on topics such as financial inclusion, regulation, and consumer protection.
  • Significant experience in interacting with senior private sector leaders, including at the board and C-suite level of major financial or technology firms in both developed and developing countries, to encourage shifts in business strategy or improvements/enhancements in products and services.
  • A sound understanding of research methodologies, data analysis, and policy writing, with an ability to interact with academic researchers and help “translate” that research into guidance useful for policymakers or practitioners.

Key Competencies:

Business/Technical
External Awareness

·        Identifies the internal and external environment, i.e. political, social, which impacts the work of the organization

·        Approaches each problem/situation with a clear perception of organizational and political reality

·        Recognizes the impact of alternative courses of action

Critical Thinking

·        Possesses the knowledge/ skills required by employees to gather data, analyze problems, evaluate options and develop/implement creative solutions to organization challenges

·        Creates agreements that achieve mutually acceptable solutions

Negotiating and Influencing

·        Persuades others to accept recommendations and exchange information or change their behavior in order to accomplish common goals

·        Works with others towards an agreement

·        Persuades others to achieve mutually acceptable solutions

·        Manages and successfully resolves conflicts and disagreements through give and take

Information Gathering and Utilization

·        Identifies a need for and knows how to gather information

·        Organizes and maintains information in a logical fashion

·        Applies appropriate information to organizational challenges

Organizational Awareness

·        Knows the organization’s vision, mission and culture, and how its social, political and technological systems work

·        Operates effectively within these systems to maximize their benefit to the organization

 Leadership/Management
Decision Making

·        Makes sound, well informed and objective decisions

·        Anticipates impact of decisions

·        Commits and decides in the face of uncertainty

Change Management

·        Balances the requirements of change and continuity

·        Continually improves products and services while working within the basic organizational framework

·        Maintains focus, intensity and persistency in the face of competing interests and demands

Partnering

·      Identifies common goals and objectives with new and/or prospective partners

·      Pursues mutually beneficial cooperative activities

·      Develops networks and builds alliances

·      Engages in cross-functional activities

·      Facilitates win-win situations

Leadership

·      Applies the knowledge/skills that encompass an understanding of the organization, the external environment

that impacts the organization, and the skills needed to influence, motivate, and challenge others in the workplace

Empowerment

·        Creates and an organizational culture which encourages others to provide the quality of service essential to high performance

·       Enables others to acquire resources and tools, including the authority, for work accomplishment

Personal Attributes
Insight and Judgment

·        Uses common sense, maintains confidentiality, readily admits to errors,

·        Effectively uses the culture and politics of the organization

Emotional Intelligence

·        Self-aware of interpersonal style strengths and blind spots

·        Demonstrates awareness of others interpersonal style

·        Able to flex approach to building relationships, communications or decision-making approach

·        Demonstrates empathy

·        Able to stay grounded under pressure, assess emotionally charged situations objectively

Continuous Learning

·        Grasps the essence of new information

·        Masters new technical and business knowledge

·        Recognizes own strengths and weaknesses

·        Pursues self-development; seeks feedback from others and opportunities to master new knowledge

Integrity and Ethics

·        Contributes to high integrity of company

·        Displays high standards of ethical conduct

·        Expects others to meet same standards of integrity

Flexibility

·        Open to change and new information

·        Adapts behavior and work methods kin response to new information, changing conditions, or unexpected obstacles

·        Adjusts rapidly to new situati0ns warranting attention and resolution

·        Willing to champion new ideas and methods, despite opposition, when the organizational benefit out weights the costs