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.
Equitable Growth, Finance, and Institutions Practice Group:
The Equitable Growth, Finance, and Institutions Practice Group (EFI) is one of the World Bank Group’s four Practice Groups. EFI’s mandate is “Growth, Finance, and Institutions for all.” Our approach is to leverage public and private sector expertise, together with International Finance Corporation (IFC), to support a data-driven reform agenda. EFI supports clients in advancing evidence-based structural reforms to build the foundations for inclusive and sustainable growth.
The Finance, Competitiveness & Innovation Global Practice (FCI) Global Practice (GP) is one of four EFI Global Practices. FCI combines expertise in the financial sector with expertise in private sector development to foster private sector led growth and help create markets in client countries.
The FCI GP is composed of two directorates. The Finance directorate, and the Trade, Investment and Competitiveness (PSD) directorate. The GP aims to support client countries to create an enabling environment in which financial stability, efficiency and firm-level solutions are provided in an integrated way to crowd in the private sector, support the creation of markets, and accelerate equitable growth.
The Finance Directorate provides analytical and advisory support to the international community to enact reforms that lead to deep, inclusive, efficient, and resilient financial systems. The Directorate is comprised of thematic teams focused on:
(1) Financial Stability and Integrity,
(2) Financial Inclusion and Infrastructure,
(3) Long Term Finance; and
(4) Crisis and Disaster Risk Finance.
The FCI macro-financial stability team, located within the FCI front office, is tasked with monitoring and analyzing the global macro-financial conditions, with a specific perspective on EMDEs. The team is cross-cutting in nature, closely collaborating with multiple units within FCI and across EFI. The team provides regular data-driven updates on financial sector trends, vulnerabilities, and development issues that are relevant to policy makers and authorities and rooted in sound analytics. Those updates are disseminated via briefings, reports, and presentations and provide detailed and practical policy recommendations.
Roles & Responsibility:
The World Bank seeks to recruit a financial economist to be part of the global macro-financial analysis team. Specifically, the role of the candidate will include but is not limited to:
• Provide support to FCI GP global and regional teams regarding macro-financial analysis and surveillance, including briefings for senior management, country analysis, and the development of analytical tools and data products.
• Design and independently conduct quantitative analysis of macro-financial issues under the supervision of and in close collaboration with World Bank experts.
• Support the overall preparation of a new financial sector report and lead specific analytical contributions to the report and effectively liaise with colleagues across the Bank.
Selection Criteria
• An advanced degree (Master’s/PhD) in macro- or financial economics or a related field.
• Relevant professional experience at the national and/or regional levels in macro-financial analysis, (macro-)prudential regulation and supervision, and country surveillance.
• Demonstrated proficiency in quantitative and statistical techniques to support analysis and policy formulation, preferably through a track record of policy and academic publications.
• In-depth experience working with macro, fiscal, financial sector and financial market databases and sources (e.g., WDI, IFS, Bloomberg, Fitch).
• Excellent data management, analysis, and programming skills (e.g., Python, Stata)
• Strong interpersonal skills and excellent written and oral communication skills in English.
• Ability to work independently, work on multiple projects simultaneously, and work under tight deadlines.
World Bank Group Core Competencies
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