Research Analyst - Economics

  • Added Date: Friday, 05 August 2022
  • Deadline Date: Friday, 19 August 2022
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ย Description

IFCโ€”a member of the World Bank Groupโ€”is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2021, IFC committed a record $31.5 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of the COVID-19 pandemic. For more information, visit www.ifc.org.
The IFC Macro and Market Research Department reporting to both Economics and Private Sector Development VPU and Portfolio VPU, is a unique research team in charge of generating thorough analyses of countries and marketโ€™s dynamics to identify strategic implications for IFC business and IFC investment clients. The unit caters strategic and proprietary research to IFC Senior Management, respective reporting VPUs, IFC investment departments and existing or potential investment clients of IFC.
It combines in-house expertise in macroeconomics, financial markets analysis, portfolio, policy, and development trends. The team leverages IFC operational and industry knowledge and WBG macro and sector expertise to provide a comprehensive view of global and country-specific industry trends and investment opportunities.
The unitโ€™s output includes:
โ€ขย  Global and regional outlooks on macro and market trends as well as their drivers to inform business and portfolio decisions.โ€ขย  Country-risk ratings based on macro-economic, market and political developments and other credit monitoring tools such as BICRA and CICRA.โ€ขย  Strategic asset allocation framework and recommendations.โ€ขย  In-house macroeconomic models such as the Medium-Term Vulnerability Model and FX Models.โ€ขย  Market research tools that support investment decisions, such as equity and FX valuation, commodity prices analyze, capital flows, trade, and debt monitoring, for sourcing, valuing and managing IFC investments.โ€ขย  Applied fundamental research such as productivity, demographics, and urbanization.โ€ขย  Industry research products such as valuation by sector, household surveys forecast, corporate, banking vulnerability and in-depth industry analysis.
DUTIES AND RESPONSIBILITIES
โ€ขย  Work with other colleagues on monitoring, analyzing and regular reporting on global economic and financial developments globally, with the emphasis on developing countriesโ€ขย  Contribute to the development of the unitโ€™s analytical apparatus/modeling capabilities, especially related to country-level macroeconomic analysis, country risk assessment and the analysis of sector and subsector economic trends and potentialโ€ขย  Develop appropriate data gathering techniques, interpret and analyze data and develop meaningful insightsย โ€ขย  Lead or contribute to the development of analytic tools used by IFC operations staffโ€ขย  Actively engage with the team in providing with topics for further analysis, research ideas and new ways to present conceptsโ€ขย  Represent IFC Macro and Market Research Department at all levels of the organization and engage with staff across departments

Selection Criteria

โ€ขย  Masterโ€™s degree in economics, finance, or international relations with specialization in macroeconomics, financial economics, applied economics or related fields.โ€ขย  1-3 years of professional experience in a research, market monitoring or analytical role, preferably in commercial banks, investment banks, hedge funds, central banks, or ministry of financeโ€ขย  Ability to combine theoretical frameworks with applied researchโ€ขย  Strong insight over inter-disciplinary topics combining political science, political economy, macroeconomics and financial marketsโ€ขย  Strong understanding of the economics of development, the challenges developing countries face and the role of the private sectorโ€ขย  Experience in analyzing diverse macroeconomic issues including fiscal and monetary policy and exchange rate risk and in translating findings into ready-to-use written analysis, graphs and presentationsโ€ขย  Broad knowledge and understanding of linkages between major sectors of the economy and private sector dynamicsโ€ขย  Extensive experience and knowledge of Microsoft Excel, DataStream, Haver, econometric packages (eViews, Stata), and presentation/graphic packages (Tableau, Power Point)โ€ขย  Ability to thrive under pressure and function effectively while managing multiple tasks simultaneously. Strong organizational skillsโ€ขย  High level of attention to detail and capacity to deliver high quality workโ€ขย  Demonstrated written and verbal communications skills in English; having experienced quality control functions of market reports would be a plusโ€ขย  Excellent interpersonal skills, with the ability to function effectively and collaboratively in a team environment, including the willingness to share information and best practicesโ€ขย  Strong teamwork and client orientationโ€ขย  Enthusiasm for, and commitment to developmentโ€ขย  Experience working in or studying in countries outside of the home country.

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 theย World Bankย andย IFC, including our values and inspiring stories.

This vacancy is archived.

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