E T Consultant

Description

IFC—a member of the World Bank Group—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 2022, IFC committed a record $32.8 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 global compounding crises. 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 market’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 unit’s output includes: (1) global and regional outlooks on macro and market trends as well as their drivers to inform business and portfolio decisions, (2) country-risk ratings based on macro-economic, market and political developments and other credit monitoring tools such as BICRA and CICRA, (3) strategic asset allocation framework and recommendations, (4) in-house macroeconomic models such as the Medium Term Vulnerability Model and FX Models, (5) market research tools that support investment decisions, such as equity and FX valuation, commodity prices analyzes, capital flows, trade and debt monitoring, for sourcing, valuing and managing IFC investments, (6) applied fundamental research such as productivity, demographics and urbanization, and (7) industry research products such as valuation by sector, household surveys forecast, corporate, banking vulnerability and in-depth industry analysis.

Selection Criteria

• Master’s degree in economics, finance, or international relations with specialization in macroeconomics, financial economics, applied economics or related fields.
• 1-3 years of professional experience in a research or analytical role, preferably in commercial banks, investment banks, hedge funds, central banks, or ministry of finance
• Ability to combine theoretical frameworks with applied research
• Strong insight over inter-disciplinary topics combining political science, political economy, macroeconomics and financial markets
• Strong understanding of the economics of development, the challenges developing countries face and the role of the private sector
• Broad knowledge and understanding of linkages between major sectors of the economy and private sector dynamics including the key drivers of growth in EMs and advanced economics
• Strong understanding of the private sector, demand and supply trends and determinants and policy impact on sector performance.
• Strong knowledge of green technologies and global trends in climate related business.
• Strong analytical skills, capacity to analyze data, build econometric models and use data visualization tools.
• Extensive experience and knowledge of Microsoft Excel, DataStream, Haver, econometric packages (eViews, Stata), and presentation/graphic packages (Tableau, Power Point)
• Good understanding of the economic complexity framework and its applications to identify sector opportunities and market potential within green technologies
• Ability to thrive under pressure and function effectively while managing multiple tasks simultaneously. Strong organizational skills
• High level of attention to detail and capacity to deliver high quality work
• Demonstrated written and verbal communications skills in English; having experienced quality control functions of market reports would be a plus
• Excellent interpersonal skills, with the ability to function effectively and collaboratively in a team environment, including the willingness to share information and best practices
• Strong teamwork and client orientation
• Enthusiasm for, and commitment to development
• Experience working in or studying in countries outside of the home country.

World Bank Group Core Competencies

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.

Note: The selected candidate will be offered a one-year appointment, renewable for an additional one year, at the discretion of the World Bank Group, and subject to a lifetime maximum ET Appointment of two years. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Former and current ET staff who have completed all or any portion of their second-year ET appointment are not eligible for future ET appointments.