Economics Associate (Based in Beijing, China)

Job Description

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond—infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 110 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.

AIIB’s Economics Department is responsible for economic analysis, which includes providing thought leadership, such as preparing AIIB’s annual flagship publication, Asian Infrastructure Finance; conducting applied research (including but not limited to ex ante and ex post investment impact assessments and market structure diagnostics); projecting country and sector infrastructure needs; producing project cost-benefit analysis; and monitoring country debt sustainability and other macroeconomic risks.

The Economics Department is looking to hire an economist for its research and development impact pillar to provide analytical support to our operational teams and our members.

• Carry out high-quality research and analysis, including economic analysis on project impact assessment.
• Contribute to preparing and publishing AIIB’s flagship analytical reports.
• Conduct project cost-benefit analysis or reviews, and prepare regular country and sector context updates, as requested by the project teams.
• Gather relevant economic data from various sources, including government agencies, industry reports, and academic research.
• Apply economic models, statistical techniques, and analytical tools to analyze the collected data; identify trends, patterns, and relationships within the data; conduct economic forecasts or projections if necessary; create compelling data visualizations, such as charts, graphs, and infographics, to help readers understand complex economic concepts and trends.
• Stay up-to-date with the latest economic research and literature related to the subject matter of the report.
• Collaborate with colleagues or subject matter experts for peer review and feedback to ensure the accuracy and reliability of the analysis; review and verify all calculations and assumptions.
• Assist the organization of seminars, workshops, and roundtables to build up staff capacity.
• Collaborate with other departments in preparing select projects.
• Work closely with the Chief Economist and Manager on other tasks important to the Department.

• An applied economist with a postgraduate degree in economics (a PhD is preferred).
• Minimum 3-5 years of relevant research experience in large international organizations, universities, research institutions, think-tanks, or financial institutions.
• Excellent econometric analysis and theoretical modelling skills are required.
• Proficiency in common statistical software, modelling software, and data visualization, such as Stata, Python, R, MATLAB, is required.
• Strong knowledge and experience in geospatial analysis and data science will be an advantage.
• Experience in infrastructure project impact evaluation and structural modelling will be assessed positively.
• Proficiency in oral and written English, and solid communication skills.
• High sense of integrity, ethics, and accountability.
• Demonstrated ability to work independently and in a team setting and to adapt and work under tight deadlines.

AIIB is committed to diversity, transparency, and inclusion. We believe our strength comes from having a team with the right diverse skills, experiences, and abilities selected through a merit-based competitive process. We actively encourage applications from people from both within and outside AIIB members, regardless of nationality, religion, gender, race, disability, or sexual orientation.

Join in AIIB’s mission to promote sustainable infrastructure investments and to improve social and economic outcomes in Asia and beyond.

Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB.

About the Organization

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond—infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 110 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.