Guided by the belief that all lives have equal value, the Bill and Melinda Gates Foundation pride ourselves in being ‘impatient optimists’ whose purpose is to work to reduce inequity. Our vision is to ensure a world where every person has the opportunity to live a healthy, productive life. We have four missions to:
- Ensure more children and young people survive and thrive;
- Empower the poorest, especially women and girls, to transform their lives;
- Combat infectious diseases that particularly affect the poorest; and
- Inspire people to take action to change the world.
Key to enabling these missions is our commitment to science and innovation, collaboration and partnership, measurement and rigor, as well as optimism and risk taking. Based in Seattle, the foundation has a worldwide staff of 1,500 people and is led by CEO Sue Desmond-Hellmann and co-chair William H. Gates Sr., under the direction of Bill and Melinda Gates and Warren Buffett. We have offices in the United States, Europe, India, China and Africa.
To learn more about job opportunities at the Bill & Melinda Gates Foundation, please visit our Careers site at www.gatesfoundation.org/jobs.
The goal of the Global Development Program (GDP) is to increase opportunities for people in the developing world to lift themselves out of hunger and poverty and to help deliver targeted healthcare solutions in these regions. Our strategies focus on Agriculture Development; Water, Sanitation, and Hygiene; Financial Services for the Poor; and Family Health which includes Maternal, Newborn and Child Health, Family Planning, and Nutrition.
The goal of the Financial Services for the Poor (FSP) team is to help people in the world’s poorest regions improve their lives and build sustainable futures by connecting them with digitally-based financial tools and services. A critical component of our work is to ensure that practitioners, donors, investors, and policymakers understand what types of programs and policies are most effective.
Position Summary & Responsibilities
While commercial providers ensure the last-mile delivery of digital financial services to the poor, their ability to serve the poor hinge on whether governments and regulators establish the enabling environment to make this possible. The Senior Program Officer (SPO), Regulatory Policy, Digital Financial Services (DFS) will seek to advance global and local understanding of the policy and regulatory interventions which catalyze digital financial inclusion. From which, s/he will co-develop and implement a strategy to accelerate global and national adoption of these interventions. Additionally, the SPO will identify and propagate regulatory best practices in the DFS space from relevant jurisdictions and coordinate interventions to promote regulatory reform and maximize their collective impact on digital financial inclusion.
S/he will be expected to:
- Develop and implement – directly or with partner organizations – the Foundation’s global DFS regulatory agenda. To the extent possible, this should contain concrete recommendations and positions, be evidence-based, and balance the risks and benefits of multiple objectives of financial regulatory authorities and other relevant policy makers.
- Act as a global thought leader on key DFS regulatory policy questions:
- Providing advice to FSP Program Officers and their grantees about regulatory policy aspects that are relevant for the success of their projects;
- Critically evaluating and synthesizing relevant studies on DFS regulatory policy;
- Publishing, both internally and externally, on select regulatory topics to inform the global regulatory community, guide FSP’s grant making strategy and our overall learning agenda.
- Write and produce analyses which advance the world’s and our understanding of how to design and regulate inclusive digital financial systems. Likely research areas may include:
- Shaping DFS competition policy to allow entry of new, qualified providers of financial services, without deterring useful cooperation among them;
- Identifying regulatory interventions which mitigate the risk of consumer protection and fraud abuse without impeding the poor’s access to welfare-enhancing services;
- Identifying how rigorous data can be leveraged to shape DFS policies and regulations.
- Based on comprehensive country diagnostics, identify regulatory priorities which are likely to advance a national financial inclusion strategy, design and imbed a strong regulatory policy work plan in each FSP country strategy.
- Publicly represent the foundation to key program-related constituencies and among key partners; including Central Bank officials, Ministers of Finance, universities, think tanks, grantees, donors, international standard setting bodies, and commercial providers.
- Manage relationships and consult with grantees and other partners to maximize the impact of projects (e.g. optimize execution, ensure effective collaboration, develop appropriate system(s) for monitoring and evaluating regulatory outcomes, etc.) and ensure optimal learning; especially at the policy and regulatory level. This may include coordinating site visits and convening meetings of key stakeholders.
- Partner with external stakeholders to develop and promote frontier ideas on policy and regulatory topics, including but not limited to, Regulatory Technology (Reg Tech).
Reports to: Deputy Director, Digital Enabling Environment
Leadership and Culture
We believe that energized people, working well together, fueled by great leadership in an inclusive environment in which they thrive, will do phenomenal things.
Core Knowledge & Skills
We are looking for people who enjoy the challenge of working on complex problems and collaboratively creating solutions that have the potential for transformational change in the lives of people around the world. The SPO must an innovative, out-of-the-box thinker who is hands-on and willing to go as deep or broad as necessary to achieve outcomes. S/he must be prepared to work across a diverse set of disciplines, bridging a wide range of expertise all the while being a solid team player, with a demonstrated ability to work with flexibility, efficiency, and diplomacy in a fast-paced, challenging environment.
The successful candidate will have a solid background and track record in public policy and/or regulatory affairs. Experience working with regulatory authorities, decision makers and/or the private sector is strongly preferred.
Additionally, s/he should have:
- Expertise in regulatory and policy analysis.
- Results orientation with an ability to organize and prioritize work while meeting deadlines within a fast-paced environment with multiple and competing demands.
- Capacity and initiative to solve problems with energy and positive attitude.
- Proven ability to lead and influence others in a constructive manner and to build and sustain collaborative relationships and work in a cooperative and collegial fashion.
- Ability to question and challenge colleagues, including managers, in a constructive manner.
- Demonstrated strategic skills and capacity to conceptualize, structure, negotiate, document, and supervise projects/programs.
- Fluent in English with excellent written and oral communication skills and an ability to effectively synthesize information to reach diverse audiences and build consensus.
- 15+ years relevant work experience and an advanced degree in law, economics, political science, public policy, management, or related field strongly preferred.
- Ability to travel up to 25-30% domestically and internationally.
As part of our standard hiring process for new employees, employment with the Bill and Melinda Gates Foundation will be contingent upon successful completion of a background check.