Economist (Debt Policy)

Economist (Debt Policy)

Job #:

req24275

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):

French, Spanish

Closing Date:

10/4/2023 (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 Economist will be a core member of the unit's Debt Policy team. This team is responsible for high quality advice and support to World Bank departments on debt policy. As such, the Economist will contribute to:

• Reviews of Debt Sustainability Analyses (DSAs) under the Low-Income Country Debt Sustainability Framework (LIC-DSF) submitted by MTI country economists; these DSAs are jointly prepared and reviewed by the World Bank and IMF;

• Participating in core diagnostic and advisory activities on debt policy and management at the country level, such as DeMPAs and Medium-Term Debt Strategies;

• Contributing to advice to World Bank management (e.g. through briefs and policy notes) on key issues in debt policy such as debt sustainability, debt restructuring, and other sovereign debt issues;

• Providing technical support to the implementation of IDA's Sustainable Development Finance Policy (SDFP), especially as it pertains to IDA country policy actions regarding debt sustainability and transparency;

• Contribute substantively to key issues in analysis of debt sustainability such as improvements in the debt sustainability framework for low income and market access countries;

• Support capacity building activities under the World Bank / IMF Debt Management Facility (DMF);

• Participate in technical discussions and exchanges with counterparts in IMF functional departments and other relevant institutions in the international debt architecture

Selection Criteria

• Post-graduate degree in Economics or closely related subject (e.g. Public Policy) with advanced economics coursework (PhD preferred), and at least five (5) years of relevant professional experience.
• Strong analytical track record related to fiscal and debt sustainability analysis/risks. Operational country experience is a huge plus.
• Experience in creating and managing debt data and navigating debt databases.
• Cross-country knowledge in macro and debt issues and demonstrated ability to link the macro, institutional, and micro-level functional aspects.
• Ability to translate technical and cross-country knowledge into practical applications and contributions to country level debt policy and debt management strategies; interact with clients at the policy level.
• Excellent interpersonal and communication skills and ability to work flexibly, creatively and to multitask as the need arises.
• Understand relevant cross-sectoral areas and how they are interrelated (debt, fiscal, and monetary policies); able to undertake cross-sectoral work in lending and non-lending operations.
• A high degree of self-motivation, positive attitude, and drive.
• Leadership and innovating skills.
• Strong commitment towards teamwork and knowledge sharing.

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.

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.