Economist

Economist

Job #:

req22529

Organization:

World Bank

Sector:

Economics

Grade:

EC2

Term Duration:

1 year 0 months

Recruitment Type:

Local Recruitment

Location:

Washington, DC,United States

Required Language(s):

English

Preferred Language(s):

French or Spanish or Arabic or Russian or Chinese

Closing Date:

5/17/2023 (MM/DD/YYYY) at 11:59pm UTC

Description

Do you want to build a career that is truly worthwhile? Working at the World Bank Group provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty, increasing shared prosperity and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. Visit www.worldbank.org.

The Development Economics Vice Presidency (DEC) is the premier research and data arm of the World Bank. Under the leadership of the Senior Vice President and World Bank Group Chief Economist, DEC sets the Bank's research agenda and advises Bank Management on a wide range of development policy issues. DEC also advises policy makers on development challenges and helps to promote development issues within the broad development community.

The Development Data Group (DECDG) under the Development Economics Vice Presidency provides global public goods, including methods, standards, and tools for data work, as well as high-quality development indicators and datasets. DECDG also supports member countries engaged in building their statistical capacity, supports the use of development data within the World Bank, and manages several Trust Funds to support the global data agenda. The work of DECDG calls for an extensive partnership with the Word Bank's Global Practices and country teams, other international organizations, and member countries' statistical offices.

Responsibilities

DECDG is seeking to recruit an Economist to support its work program on debt statistics. The Economist should possess an extensive knowledge and experience in Public Sector Debt, Balance of Payments, International Investment Position, External Debt, and/or Government Finance Statistics. The primary responsibilities for this position include:

• Contribute to updating the World Bank's Debtor Reporting System (DRS) manual and compilation guide in line with the international standards such as BoP/IIP.

• Support the update of current methodological standards of external debt, including implementation of new standards, definitions, and classifications.

• Compile the external debt statistics for DRS countries; ensure that data are collected, reviewed for quality, compiled per the DRS manual and made available in a timely manner.

• Develop methods to capture and gap fill missing information to improve the coverage and accuracy of debt statistics.

• Perform data quality control tasks and work on improving the metadata quality and timeliness of debt statistics.

• Support the production of the International Debt Report series of publications.

• Participate in improving the dissemination and transparency of debt statistics in the International Debt Statistics databases.

• Support DRS reporting agencies to understand the DRS process and data requirements.

• Support quarterly debt statistics compilation process; this involves communicating with reporting agencies as well as partner international organizations to resolve reporting issues.

• Support the collaboration and involvements with international technical working groups on external sector statistics.

• Liaise with internal partners including global practices, central units, and country teams to collectively improve debt data transparency and support Bank policies.

• Support debt data users, respond to user queries, and provide explanations on data methodology, coverage, quality.

Selection Criteria

• An advanced degree in economics, finance, statistics, mathematics, or related field.

• A minimum of 5 years of post-graduate relevant work experience, preferably with a country's central bank or ministry of finance.

• Proven expertise in the compilation and analysis of Public Sector Debt, Balance of Payments, International Investment Position, External Debt, and/or Government Finance Statistics.

• A proven record of strong analytical and technical skills on external sector statistics compilation and methodology.

• Experience in providing technical assistance and training on external sector statistics.

• Strong written and verbal communication skills.

World Bank Group Core Competencies

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.

Learn more about working at the World Bank and IFC, including our values and inspiring stories.

Note: The selected candidate will be offered a one-year appointment, renewable for an additional one year, at the discretion of the World Bank Group, and subject to a lifetime maximum ET Appointment of two years. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Former and current ET staff who have completed all or any portion of their second-year ET appointment are not eligible for future ET appointments.