Senior Economist

Senior Economist

Job #:

req23690

Organization:

World Bank

Sector:

Economics

Grade:

GG

Term Duration:

3 years 0 months

Recruitment Type:

International Recruitment

Location:

Washington, DC,United States

Required Language(s):

English

Preferred Language(s):

Closing Date:

8/27/2023 (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. For more information, visit www.worldbank.org

Background / General description:

Prospects Group. The Prospects Group of the Development Economics Vice-Presidency 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, the Prospects Group aims to influence global policy debates on major macroeconomic and development issues. In fulfilling this objective, the Prospects Group 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, the Prospects Group 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 based in Washington D.C. with extensive expertise in global macroeconomic and financial surveillance and excellent analytical and writing skills to contribute to its main tasks and product lines related to surveillance and monitoring.

• Global 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 and other surveillance products for senior management on issues that affect the operations of the Bank and its clients;
• The development and improvement of tools for global macroeconomic and financial analysis.
• High-quality research on topical issues that are of immediate concern to policymakers in emerging market and developing economies.
• Analytical contributions to Prospects Group products, including the Global Economic Prospects report, one of the World Bank Group flagship reports.

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 the Prospects Group's management. In addition to the contributions to the Prospects Group's surveillance and analytical work programs, 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.
• Demonstrated, extensive expertise in global macroeconomic and financial surveillance working for an extended period of time in the international department of a central bank or a major financial institution required.
• Demonstrated experience and outstanding drafting skills in English.
• Demonstrated ability to write and contribute to policy publications and to develop policy implications from economic analysis and modeling.
• 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.
• Outstanding 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.
• Readiness to move to Washington D.C. Individuals not ready to move to Washington D.C. need not apply.

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.

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.