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World Bank Group is hiring a Senior Economist.
Do you want to build a career that is truly worthwhile? 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 and promoting shared prosperity. 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. For more information, visit www.worldbank.org.
Western and Central Africa (AFW) Region
We need the best and brightest talent focused on Sub-Saharan African countries in order to harness the potential and innovation happening across the continent. Africa is a continent on the move, with a young population and a growing market of nearly 1.2bn people. We are committed to making the Africa regional teams into leading innovation hubs.
Yet, these vast opportunities are tempered by persistent gaps in education, health, and skills, which have Africa only reaching forty percent of its estimated potential. Moreover, conflict, food insecurity, population growth, and the disruptive forces of climate change threaten to curtail or even reverse the progress that has been made over the past decades.
In West and Central Africa, the World Bank is a leading partner with a growing portfolio of 350 projects totaling more than $38 billion in areas such as agriculture, trade and transport, energy, education, health, water and sanitation- all to support job creation, gender equality, poverty reduction, and better lives. Across the continent, the World Bank’s program has nearly doubled over the last 10 years. By 2030, about 87% of the world’s extreme poor are projected to live in Sub-Saharan Africa, so this is where our mission to end extreme poverty and to promote shared prosperity will be achieved.
Are you ready to make an impact? We are looking for dedicated professionals to join our innovative and diverse team to improve people’s lives and help countries build back better after COVID.
The Macroeconomics, Trade and Investment Global Practice
The Macroeconomics, Trade and Investment (MTI) Global Practice leads the World Bank Group’s dialogue and engagement with clients in macroeconomics, fiscal policy, trade, competition and investment. MTI links the macroeconomic dialogue with programs focused on expanding the role of the private sector in economic development.
Roles & Responsibilities
The Senior Economist will be part of the Senegal MTI Team, which is comprised of a Lead Economist, and Research Analyst support. He/She will also be part of the Senegal Country Engagement Team comprised of colleagues from the different practice groups and other senior global practice staff to ensure cross-cutting solutions to the core (typically multi-practice) country engagements around which the Senegal Country Partnership Framework and the country program is organized. Each core engagement utilizes different Bank instruments (ASA, policy dialogue, lending [DPO, PforR, IPF]).
The Senior Economist is expected to lead or co-lead tasks to support core country engagements on the following areas.
Macro-financial stability and Inclusive growthDomestic revenue mobilization, Quality of public expenditures and Debt managementPrivate investment and Economic diversificationEffectiveness, transparency and accountability of public institutions (in particular finance and fiscal institutions)
As part of the MTI Senegal team, specific responsibilities of the Senior Economist include the following:
- Lead the macroeconomic monitoring of Senegal, which includes the Macro and Poverty Outlook (MPO) and the annual Senegal Economic Update;Lead and coordinate the policy dialogue on macroeconomic and fiscal policy and economic growth issues with the Senegalese authorities, with the IMF and economic departments of other development agencies and non-government stakeholders;
- Lead fiscal and debt ASAs including Public Expenditure Reviews (PER)/Public Finance Reviews (PFR) and Debt Sustainability Analysis (DSA);
- Lead core country diagnostics such as Country Economic Memorandums (CEM) and other growth diagnostics, working with other GPs to integrate structural, sectoral and macroeconomic issues;Lead Development Policy Operations, or other types of lending operations focused on economic and fiscal reforms;
- Advises sector teams on the macroeconomic and fiscal implications of sector policies and investment decisions – for example on the oil and gas and power sectors – and provide cross-support where relevant;
- Provides analytical inputs for and advises the Country Management Unit (CMU) on country strategic engagement and economic policy issues, including participation in review meetings;
- Actively develops new business that contributes to the development agenda of Senegal;
- Minimum of a Master’s degree (Ph.D. preferred) in economics with at least 8 years of relevant professional experience including a track record of delivery of high quality analytical and advisory products.
- Strong analytical skills in macroeconomic and fiscal management and ability to conduct policy-relevant research.
- Experience in leading high impact development policy operations; sound knowledge of Bank lending tools and procedures.
- Integrative capacity including the ability to situate sectoral issues within a broader development framework.
- Strong oral and written communication skills, including the ability to present complicated analyses to non-specialist audiences.
- Strong client-orientation and diplomatic skills combined with candor and courage of opinion.
- Ability to work flexibly on a range of assignments and adjust to a variety of complex evolving tasks to meet deadlines.
- Entrepreneurial capabilities that can be deployed in identifying and securing new business opportunities.
- High energy and demonstrated interest in achieving impact through analytical work and technical assistance for demanding and sophisticated clients.
- Previous experience in delivering high impact work in a country under economic transformation would be a plus.
For information about WBG Core Competencies, please visit: https://bit.ly/2kbIA7O.
Staff appointments include, but are not limited to, medical benefits, including dental and vision, Staff Retirement Plan, financial assistance program, life & disability insurance, comprehensive leave policy (minimum 26 days/annum) and parental leave policy (50-100 days).
Poverty has no borders, neither does excellence. We succeed because of our differences and we continuously search for qualified individuals with diverse backgrounds from around the globe.
Closing date : 11 May 2021.
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