Senior Economist - Prospects Group of the Equitable Growth, Finance and Institutions Vice-Presidency (EPGDR)

Job Description

Job Family
Economics

Sector
Economics

Term Duration
3 years 0 months

Recruitment Type
International Recruitment

Required Language(s)
English


EPGDR
The Prospects Group of the Equitable Growth, Finance and Institutions Vice-Presidency (EPGDR) provides timely analysis on global economic and financial developments, and their impact on the member countries of the WBG. Internally, it informs and helps define policy positions of the WBG and provides analytical support for WBG operations. Externally, EPGDR aims to influence global policy debates on major macroeconomic and development issues. In fulfilling this objective, EPGDR leads the WBG’s monitoring, analyzing, and forecasting work in global macroeconomics. It produces topical and policy-oriented analytical work, including the semi-annual WBG corporate flagship Global Economic Prospects report and the semi-annual Commodity Markets Outlook report. In addition, EPGDR produces a wide range of analytical studies that appear as working papers, policy notes, and research publications in scientific journals, conference volumes, and book chapters.

Position
The Prospects Group is looking for a Senior Economist with excellent analytical and writing skills to contribute to its main tasks and product lines. The candidate will work on global surveillance as well as on directed research on topical macroeconomic issues.

• High-quality research on topical issues that are of immediate concern to policymakers in emerging market and developing economies.
• Analytical contributions to EPGDR products, including the Global Economic Prospects report, one of the World Bank Group flagship reports;
• Macroeconomic and financial surveillance, including forecasting and analysis of global economic trends, to contribute to the formulation of the Bank’s views on the state of the global economy and regional economic outlooks;
• The preparation of economic briefs for senior management on issues that affect the operations of the Bank and its clients;
• The development and improvement of tools for global macroeconomic analysis.

The Senior Economist will be expected to deliver under tight and frequent deadlines in a fast-paced environment. S/he will work closely with a team of talented economists, under the guidance of EPGDR management. In addition to the contributions to EPGDR, the Senior Economist will be expected to devote a fraction of his/her time to contribute to the work of other World Bank Group units.

Selection Criteria

• Master’s degree required with eight years of relevant professional experience; Ph.D. preferred.
• Outstanding drafting skills.
• Demonstrated strong analytical skills in one or more of the following fields: international economics, macroeconomics, finance, econometrics.
• Strong economic skills with an eye for policy implications of technical analysis and modeling applications.
• Record of high-quality policy-oriented research publications, and experience with quantitative economic analysis and modeling techniques.
• Demonstrated ability to write and contribute to policy publications and to develop policy implications from economic analysis and modeling.
• Previous experience in global macroeconomic and financial surveillance at a major financial institution required.
• Excellent communication and interpersonal skills and demonstrated ability to collaborate effectively with colleagues in a multi-cultural team.
• Ability to operate effectively in a fast-paced, deadline-driven environment.

Required Competencies:

• General Economic Knowledge and Analytical Skills - Possesses a demonstrated track record of working with economic and sectoral data and analytical tools and models to conduct economic analyses and produce user-friendly written outputs.
• Research Temperament/Intellectual Curiosity - Has demonstrated an aptitude for research through academic studies.
• Written and Verbal Communication - Delivers information effectively, including an ability to identify topical policy issues and articulate policy analysis. Experience as policy economist.
• Deliver Results for Clients - Proactively addresses clients’ stated and unstated needs.

Closing Date: 8/15/2022 (MM/DD/YYYY) at 11:59pm UTC

About the Organization

The World Bank, a member of the World Bank Group, is a vital source of financial and technical assistance to developing countries around the world. Our mission is to fight poverty with passion and professionalism for lasting results and to help people help themselves and their environment by providing resources, sharing knowledge, building capacity and forging partnerships in the public and private sectors.

We are not a bank in the common sense; we are made up of two unique development institutions owned by 188 member countries: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).

Each institution plays a different but collaborative role in advancing the vision of inclusive and sustainable globalization. The IBRD aims to reduce poverty in middle-income and creditworthy poorer countries, while IDA focuses on the world's poorest countries.

Their work is complemented by that of the International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA) and the International Centre for the Settlement of Investment Disputes (ICSID).

Together, we provide low-interest loans, interest-free credits and grants to developing countries for a wide array of purposes that include investments in education, health, public administration, infrastructure, financial and private sector development, agriculture and environmental and natural resource management.