The Economics, Policy and Governance (EPG) Department consists of a team of around 100 economists, political counsellors and analysts, organised in three main pillars: Sector Economics and Policy (SEP); Country Economics and Policy (CEP); and Governance and Political Affairs (GPA). EPG contributes to the operational, policy dialogue, governance and strategy work of the EBRD and provides intellectual leadership on the development of well-functioning market economies in the EBRD’s region of operation, which comprises all countries in Eastern Europe and Central Asia, Mongolia, Turkey and the South-Eastern Mediterranean countries (the COOs).
The Sector Economics and Policy (SEP) pillar of the EPG Department works closely with the Banking and other departments in EBRD in structuring, appraising and monitoring investment projects for their transition impact and in pursuing policy engagement opportunities that advance the transition to a market economy. It also monitors sectoral reform developments and risks in the EBRD COOs and assesses key remaining reform challenges along the six transition qualities of a sustainable market economy: competitive, well-governed, inclusive, green, resilient and integrated.
The SEP pillar in EPG is looking to recruit an Associate Director who will manage the Industry, Commerce and Agribusiness (ICA) sector team, consisting of about 8-10 economists and analysts. He/she will support the SEP Director in overseeing the impact assessment and monitoring of EBRD projects and lead the team of sector experts responsible for the Competitive Community of Practice and selected policy engagements in the EBRD COOs on competition and trade policies, global value chains, and state-ownership, restructuring and privatisation policies. He/she would provide direction, professional expertise and guidance to ICA sector team members; represent EPG at the Pre-Operation Committee and Small Investment Committee (SBIC), as delegated by the SEP Director; ensure consistency and high quality of sector and project assessments and project ratings; and oversee the team’s interactions with Banking and other internal and external stakeholders.
This position is advertised as a two-year fixed-term Associate Director level.
Key Responsibilities and Deliverables
The Associate Director will report to the SEP Director in EPG. Key responsibilities and deliverables include:
- Accountable in their area of sector responsibility for achieving the EPG Departmental Scorecard objectives, including: (i) strengthening the collaboration and integration of the EPG ICA sector team with Banking, under the Client Services Group, for the joint delivery of higher impact projects and policy engagements; (ii) the assessment of the transition impact rating of projects and the monitoring of transition impact benchmarks - covering both projects for OpsCom and SBIC; (iii) the delivery of selected priority policy objectives in the ICA sector in the EBRD COOs; (iv) the Design and delivery of transition-related sectoral TCs; (v) contributions to the EBRD Sector Strategies in the ICA sector, Country Diagnostics and Country Strategies; (vi) the yearly assessment of structural reform gaps in the EBRD COOs for the Competitive transition quality; and (v) leading and coordinating the work of the Community of Practice on Competition.
- Manages the team of ICA sector economists and analysts in EPG by providing strategic direction and professional advice; assigning and coordinating tasks to ensure timely delivery of the team outputs; and providing development support to the group.
- Coordinates the project flow with the ICA Business Group in Banking and supports the SEP pillar Director in managing the EPG project review cycle – including OpsCom, SBIC and Board meetings - by allocating projects to economists and analysts and managing preparatory project review meetings; ensuring consistency of sector assessments and transition ratings within the group and providing high quality assurance of project review notes, TI benchmarks, TIMS, DAQs, etc.
- Represents EPG at the Pre-Operation Committee on a monthly rota basis and at the SBIC on a regular basis.
- Develops and leads in cooperation with Banking and other Bank’s departments selected policy engagements in the ICA sector and the Community of Practice on Competition, including through technical cooperation projects; policy seminars, policy notes, participation in high level conferences and policy dialogue discussions with ministries, regulators, the private sector and other international financial institutions;
- Responsible for the overview and Coordination of sectorial input in Country Diagnostics and Country Strategies and the annual Assessment of Transition Qualities for the Competitive transition quality;
- Responsible for coordinating in his/her area of expertise briefing notes and presentations for VP Policy senior management’s (VP, MD and Directors) contributions to EBRD management committees and Board meetings.
- Provides support and advice to the SEP pillar Director on sector as well as cross-cutting issues, like the development of the transition impact methodology, the Bank’s results framework, Bank-wide initiatives etc.;
Essential Skills, Experience & Qualifications
- Strong leadership, institutional knowledge and proven track record of managing and mentoring large teams;
- A postgraduate degree in economics or finance or an MBA from a leading university;
- Good understanding of competition/protected sectors/trade/industrial and agribusiness policies issues. Ability to apply those to the assessment of EBRD investment projects and to guide the authorities in the EBRD COOs on the development of appropriate regulations and market mechanisms;
- Proven experience in stakeholder engagement and strong track record of applying economic and policy Analysis to operational strategy and economic policy making, including policy dialogue with senior officials and ministers;
- Investment projects’ experience and ability to understand credit analysis is an advantage;
- Excellent written and oral communication skills in English. Knowledge of an additional language, which is spoken in EBRD countries of operation, is an advantage.
Competencies & Personal Attributes
- Excellent interpersonal skills and ability to work effectively in teams as well as independently;
- Ability to plan and organise work unsupervised;
- Ability to work under pressure and meet tight deadlines;
- Good organisational and multi-tasking skills;
- Ability to operate in a multicultural environment and build effective working relationships with internal/external clients and colleagues.
Diversity is one of the Bank’s core values which are at the heart of everything it does. A diverse workforce with the right knowledge and skills enables connection with our clients, brings pioneering ideas, energy and innovation. The EBRD staff is characterised by its rich diversity of nationalities, cultures and opinions and we aim to sustain and build on this strength. As such, the EBRD seeks to ensure that everyone is treated with respect and given equal opportunities and works in an inclusive environment. The EBRD encourages all qualified candidates who are nationals of the EBRD member countries to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. As an inclusive employer, we promote flexible working.