Economist

Economist

Job #:

req26638

Organization:

World Bank

Sector:

Economics

Grade:

GF

Term Duration:

4 years 0 months

Recruitment Type:

International Recruitment

Location:

Washington, DC,United States

Required Language(s):

English

Preferred Language(s):

Closing Date:

3/27/2024 (MM/DD/YYYY) at 11:59pm UTC

Description

Do you want to join a dynamic and collegial team working on strategic corporate and operational issues? The Country Economics Unit (OPSCE), in the Operations Policy Department (OPSPO) of the Operations Policy and Country Services (OPCS) Vice Presidency, is seeking a highly motivated Economist with strong technical skills and operational experience in the World Bank.

This high-profile assignment, which is professionally mapped to the Macroeconomics, Trade and Investment (MTI) Global Practice, will involve advising on debt issues and economic analysis required for Development Policy Financing (DPF) operations and Country Partnership Frameworks (CPFs), and stewardship of operational policy and quality regarding DPF and Country Engagement (CE) products (including CPFs, Country Engagement Notes, Performance and Learning Reviews and Completion and Learning Reviews). It will also involve contributing to the Unit's work under the Evolution process and other high-profile strategic corporate priorities. The position will require frequent interaction with senior management in Global Practices, Regions, and corporate departments. It will provide an opportunity to develop leadership and gain broad exposure to strategic operational issues, across all Regions of the Bank, and the opportunity to develop a deeper understanding of the functioning of the Bank.

The Country Economics Unit (OPSCE) within the Operations Policy Department (OPSPO) provides policy, quality, review, and support functions for DPFs, CE products, and Analytical and Advisory work. The unit also works closely with the Finance complex on issues related to IDA and IBRD policy and financing and manages the annual Bank-wide Country Policy and Institutional Assessment (CPIA) process. OPSCE also contributes to the important debt sustainability and transparency agenda through its active participation on the Sustainable Development Finance Policy (SDFP) Committee. The unit is also very active in a broad range of strategic, high-level streams of corporate work, working currently closely with other departments across the WBG under the Evolution process on enhancements to our Client Engagement model, the Knowledge Compact, Global Challenge Programs, Efficiency and Effectiveness, the Crisis Toolkit, Guarantee reforms, etc. OPSCE unit also houses the Secretariats of the Operations Committee (OC) and the Committee of Vice Presidents on Operational Matters (OVP).

Note: If the selected candidate is a current Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be offered a 4 year term appointment.

Roles & Responsibility:

You will become a member of the Country Economics Unit (OPSCE) and will report to the Manager of the Country Economics Unit. Your work program will comprise individual assignments as well as tasks jointly delivered by the Country Economics Unit. You will:

• Contribute to OPCS advice and guidance to task teams on the preparation of DPF operations and/or Country Engagement products, including through concept and Regional Operations Committee Reviews, and ad-hoc advice. • Advise on debt issues under the Sustainable Development Finance Policy (SDFP), the LIC-DSF, etc. and on economic analysis required for DPF operations and Country Engagement Products.• Advise on operational policy and on risk management in the areas of DPF operations and Country Engagement products, including macroeconomic risks. This will involve monitoring, reviewing, and advising on the pipeline of DPFs and Country Engagement Products; preparing data analysis, presentations, and briefs for Senior Management and/or the Board; and contributing to periodic flagship reports such as the DPF and CPF Retrospectives. • Contribute to the Unit's work program in areas related to the Evolution process and other corporate strategic priorities.• Work closely with the Finance Complex on issues that involve OPCS, with a focus on IBRD exposure management and/or IDA resource mobilization and management issues. • Contribute to the CPIA process.• Support departmental responses to corporate requests and reports-including from the Board and Senior Management-in areas related to the Department.

Selection Criteria

• Advanced degree in economics, PhD preferred.• Strong technical skills as an Economist, and successful track record of excellence in translating analysis into operational work. • Operational experience over an extended period (typically about 5 years of relevant Bank and/or external experience), including experience working on DPF operations. • Solid country economic work, including on debt, macroeconomic and structural issues. • Strong interest in the corporate work of the Bank.• Excellent written and verbal communication skills. Ability to represent OPCS with internal partners. Demonstrated maturity and sound judgment, and ability to convey complex messages succinctly and diplomatically. • Rigor and attention to details, very high level of dependability.• Ability to work collegially on our small team and excellent collaborative skills. • Ability to juggle tight deadlines and be proactive.

World Bank Group Core Competencies

The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.

This internal requisition is open to WBG andIMF staff only (including short-term and extended term consultants/temporaries). External candidates are requested not to apply. In case anexternal candidate applies, their application will not be considered.

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

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