Economist – jobs in Washington DC
Washington DC, United States
JOB DETAIL
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. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet. For more information, visit www.ifc.org.
The Development Impact Measurement Department (CDI) is part of the Economics & Private Sector Development Vice Presidency. This department analyzes economic sectors with a view to identifying opportunities and solutions for private sector development; and works closely with IFC Operations in formulating sector priorities and strategies. It provides technical support to operations related to structuring, appraising, and monitoring investment and advisory projects and is responsible for reporting on IFC’s impact. The department implements the ex-ante project assessment framework (Anticipated Impact Measurement and Monitoring- AIMM) for investment and advisory projects throughout the project cycle, helps ensure high-quality economic support for IFC operations teams on strategies and projects, and develops sector economic analyses with a focus on solutions for private sector development.
The CDI Department is offering a position for the unit working on the Disruptive Technologies and Funds industry group. The PhD Economist will support the different facets of the department’s work program. This involves leading on analytical and econometric work, the implementation of the IFC impact measurement end-to-end system, including the AIMM framework, the monitoring, and the ex-post evaluation work, as well as contributing to sector economics and econometric analytical work pertaining to the disruptive technology and funds sectors. S/he will work closely with economists within the team and regional and IFC support department counterparts. S/he will also participate in a range of other corporate functions within CDI.
Role & Responsibilities:
• Act as a central analytics and econometrics expert for the team – developing and leading research plans, research pieces, methodologies, data needs, and defining resources needed to carry out economic research and analysis programs relevant to IFC’s operations.
• Articulate and measure the development and economic impact of the Telecoms, Media, and Technology industries, the Private Equity and Venture Capital Funds industry, and the Disruptive Technology and Fintech industries.
• Lead IFC’s Anticipated Impact Measurement and Monitoring framework (AIMM) to assess the impacts for the above industries – including ex-ante assessments, project monitoring, XPSRs and ex-post evaluation.
• Prepare advanced analytics tools, including visualization tools, using IT software packages such as R, PowerBI, and Excel; and lead on data analytics, portfolio analysis, research, and evaluation for the above industries.
• Lead the day-to-day project management of development impact assessments in these industries, including quality oversight, stakeholder management, team supervision, participation in the IFC investment review process, analysis, and research.
• Provide expert advice and support to operational teams and managers on trends, key risks, and sector analysis during the project life cycle.
Selection Criteria
• PhD in Economics or Econometrics.
• At least 3 years of experience as an applied economist in the area of the digital economy.
• Experience in evaluating the economic and development impact of projects on industries associated with digital infrastructure, disruptive technology business models, and digital platforms in emerging markets, and in relation to DFI, is a strong plus.
• Strong familiarity with academic and business literature on digital infrastructure and technologies– demonstrated through the preparation of reports and models using this data. Proven knowledge of related databases and other sources of information.
• Strong quantitative and data analysis skills and proven experience in undertaking econometric papers, designing and managing complex databases, and managing/creating dashboards for internal data assessment. In-depth knowledge of Stata; or R, or PowerBI, is required.
• Experience in IFC or similar multi-lateral development institutions and knowledge and application of IFC’s AIMM system are a plus.
• Ability to innovate, develop innovative solutions with others, and deliver results by proactively addressing clients’ stated and unstated needs.
• Proven ability to work in teams and capability to work in multi-cultural environments.
• Excellent written and verbal communication skills in English and ability to communicate effectively with different stakeholders.
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.
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