Country Economist (Senior) Specialist

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Company presentation

We work to improve lives in Latin America and the Caribbean. Through financial and technical support for countries working to reduce poverty and inequality, we help improve health and education, and advance infrastructure. Our aim is to achieve development in a sustainable, climate-friendly way. With a history dating back to 1959, today we are the leading source of development financing for Latin America and the Caribbean. We provide loans, grants, and technical assistance; and we conduct extensive research. We maintain a strong commitment to achieving measurable results and the highest standards of integrity, transparency, and accountability.

The Bank’s current focus areas include three development challenges – social inclusion and equality, productivity and innovation, and economic integration – and three cross-cutting issues – gender equality and diversity, climate change and environmental sustainability; and institutional capacity and the rule of law.

 

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Job description

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Location: Belize

 

The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean. Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment. 

 

About this position

We are looking for an experienced Economist to join our team in the Country Office of Belize. As a Country Economist, you will develop a wide range of functions that contribute to the country’s economic growth and social development, providing economic monitoring and analysis of development needs and results within the context of the IDB’s mandate.

You will be a member of the Country Team who reports directly to the Regional Economic Advisor (REA), working closely with the IDB Representative in Belize, under the Country Department for Central America, Haiti, Mexico, Panama, and Dominican Republic (CID), which is responsible for promoting and developing the Bank’s country strategies and programming in Belize, Costa Rica, El Salvador, Guatemala, Haiti, Honduras, Nicaragua, Mexico, Panama, and the Dominican Republic.

 

What you’ll do:

Dialogue with the country

  • Analyze and monitors Belize’s macroeconomic development by raising knowledge for the Bank and supporting the identification of risks and opportunities. Keeps up to date with the main problems at the microeconomic level that inhibit the functioning of certain markets/sectors (labor market, banking sector).
  • Keep up to date with the country’s main social trends, such as poverty, internal migration, urbanization, political economy, etc.
  • Identify research topics for the Bank’s Country Development Challenges (CDC), Country Strategy, and the design and implementation of the Bank’s program in the country. Identify critical areas for the Bank’s dialogue with the country and the agenda needed to sustain this dialogue.
  • Coordinate the evaluation, preparation, and monitoring of progress and results of the Country Strategy. Articulate and participates in the dialogue with counterparts (MEF, Central Bank) on policies and reforms in strategic areas identified by the Representative; support dialogue with the private sector and other relevant counterparts.
  • Provide technical support to relevant counterparts in different areas, as required and supported by the Country Representative.
  • Keep abreast of the activities of other multilateral agencies and donor in the country and support coordination with them.

 

Knowledge management

  • Generate knowledge that provides growth solutions for the country and the region.
  • Identify the needs of the Country and the Counterparts in economic terms, including sectoral issues. Keep updated on the trend of the country, the opinion of authorities and other institutions.
  • Develop and coordinates a program for the generation, improvement, and dissemination of knowledge for the country.
  • Identify best practices and knowledge products relevant to the IDB internal and external to the IDB. Provide country-level knowledge inputs to other sectors of the Bank.
  • Participate in economic forums to contribute and capture knowledge on factors affecting countries and maintain external networks to access and expand knowledge.
  • Accompany sectoral specialists to put into context studies coordinated by them, ensuring that policy recommendations or sectoral and multisectoral actions reflect the country’s reality.
  • Design an annual work plan on the country’s economic issues aligned with the region’s plan.
  • Remain up-to-date on of generating knowledge from other relevant institutions in the country and externally.

Internal corporate management

  • Represent the Bank in discussions that address institutional initiatives at the strategic level.
  • Contribute to the local vision of transversal regional initiatives.
  • Prepare inputs for periodic reports and reports on the economic, political, and social situation in the country.
  • Manage the relevant activities of the country’s work plan with the Coordinator.

Programming

  • Prepare the documents for the institution’s macroeconomic safeguards and coordinates with the REA on the approval process.
  • Support in the identification of operational risks and opportunities.
  • Participate and provide strategic and analytical inputs for programming dialogues.
  • Support country programming processes and their alignment with the Country Strategy.
  • Ensure the consistency of operations with the country’s challenges and the logic of intervention based on the available information about the country.

Design and Execution

  • Review the viability and alignment of lending operations and technical cooperation with the bank’s program priorities in the country.
  • Participate in the project cycle of the operations, contributing to the quality of the projects, central and/or strategic issues, and the results matrix schemes.
  • Analyze trends in lessons learned in the economic, social, and political/institutional areas at the close of operations.

 

What you’ll need 

  • Education: a master’degree in Economics, International Development, or Public Policy. Ph.D. is preferred.
  • Experience: At least five years of relevant experience in economic research, economic monitoring, and analysis of economic information. Proven knowledge of standard debt analysis techniques, balance of payments, current accounts, and sustainability analysis is a requirement for this position. Experience in policy issues and development problems in the countries of the region. It is desirable that you have experience working in or with the IDB or other MDBs, as well as good management of econometrics software (STATA, R, MATLAB, etc.).
  • Languages: Proficiency in English and Spanish.

Key skills 

  • Learn continuously
  • Collaborate and share knowledge
  • Focus on clients
  • Communicate and influence
  • Innovate and try new things

Requirements 

  • Citizenship: You are a citizen of one of our 48-member countries. We may offer assistance with relocation and visa applications for you and your eligible dependents.
  • Consanguinity: You have no family members (up to the fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab.

Type of contract and duration

  • International staff contract, 36 months initially, renewable upon mutual agreement.

What we offer 

 

The IDB Group provides benefits that respond to the different needs and moments of an employee’s life. These benefits include:  

  • A competitive compensation package, including an annual base salary expressed on a net-of-tax basis.
  • Leaves and vacations: 24 days of paid time off + 8 personal days + sick leave + gender- neutral parental leave.
  • Health Insurance: IDB Group provides employees and eligible dependents with a robust medical benefits program that covers medical, dental, vision, preventive care, and prescription drugs.
  • Pension plan: defined benefit pension plan that provides financial security and supports employees in planning for their future.
  • We offer assistance with relocation and visa applications for you and your family when it applies.
  • Hybrid and flexible work schedules.
  • Health and well-being: Access to our Health Services Center that provides preventive care and health education for employees.
  • Development support: We offer tools to boost your professional profile, such as mentoring, 1:1 professional counseling, training and learning opportunities, language classes, mobility options, among others.
  • Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, Spouse Career Program, and others.

Our culture 

 

At the IDB Group, we work so everyone brings their best and authentic selves to work, willing to try new approaches without fear, and where they are accountable and rewarded for their actions. 

 

Diversity, Equity, Inclusion, and Belonging (DEIB) are at the center of our organization. We celebrate all dimensions of diversity and encourage women, LGBTQ+ people, persons with disabilities, Afro-descendants, and Indigenous people to apply.  

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job interview process. If you are a qualified candidate with a disability, please e-mail us at diversity@iadb.org to request reasonable accommodation to complete this application.

Our Human Resources Team reviews carefully every application.   

About the IDB Group 

The IDB Group, composed of the Inter-American Development Bank (IDB), IDB Invest, and the IDB Lab, offers flexible financing solutions to its member countries to finance economic and social development through lending and grants to public and private entities in Latin America and the Caribbean. 

 

About IDB 

The Inter-American Development Bank is devoted to improving lives. Established in 1959, the IDB is a leading source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean. The IDB also conducts cutting-edge research and provides policy advice, technical assistance, and training to public and private sector clients throughout the region.

 

This is how cinfo can support you in the application process for this specific position: 

  • Application preparation: Before you apply for this position: Improve your application documents by registering for a Job Application Support. Our coaches are here to help tailor your application to the requirements of the job (service provided at your own cost).
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More details

Working hours (%): 80-100%

Type of contract: Staff (Permanent and Fixed Term)

Macro-area: Latin America and the Caribbean

Level of experience: Senior Professional, more than 5 years

Area of work Definition: Economics

Type of organisation: Multilateral Organisations

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