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IFC's Vice Presidency for Economics & Private Sector Development is a hub for IFC thought leadership on private sector development, in collaboration with economists throughout the World Bank Group, and helps guide IFC operations towards development outcomes.
The Country Economics and Engagement (CCE) Department (part of the Economics & Private Sector Development Vice Presidency), is hiring a strategist/economist to be based in Washington DC. The strategist/economist will report to the Regional Strategy Manager in CCE.
The CCE Department has three principal functions:
1. Diagnostics and strategy: Undertake country private sector diagnostics (CPSDs) in collaboration with IFC Operations and partners in the World Bank Group, draw on the analysis to support country teams to develop IFC Country Strategies and provide IFC’s private sector inputs into WBG’s Systematic Country Diagnostic (SCD) and Country Partnership Framework (CPF);
2. Support to operations: Support regional operations by reviewing the economic, development and strategic impact of IFC operations, as well as contributing to the economic analysis of project documents, board papers, regional/country briefs, etc. Coordinate between IFC and World Bank operational teams including on IFC input into World Bank development policy operations; and
3. Analytics: Conduct in-depth analytics on specific themes relevant to private sector development at the country or regional level.
Duties and Accountabilities:
- Monitor and report on political, macroeconomic, and sector developments in select countries in Asia;
- Conduct analytical research as required by the Department’s work program, consolidate and maintain information on IFC’s activities in assigned countries such as portfolio, pipeline, development impact indicators, scorecard etc;
- Help research and write Country Private Sector Diagnostics and prepare IFC inputs into subsequent WBG Systematic Diagnostics.
- Support Country managers to prepare IFC country strategies and then coordinate IFC inputs into WBG Country Partnership Frameworks;
- Provide inputs for project cycle documents: Draft country context, provide macro-economic background, IFC role, strategic fit and World Bank Group objectives.
- Contribute to preparation of briefs, reports and presentations to various stakeholders, including senior management and the Board;
- Conduct analytical work on strategic topics that inform country strategies;
- Support IFC engagement with World Bank counterparts particularly in preparing Development Policy Operations;
- Keep abreast of latest research and innovative solutions pertaining to private sector development agenda in assigned countries;
- A master’s degree in economics, public policy or other relevant graduate degree from a reputable university.
- At least 5 years of experience demonstrating analytical skills in economics and private sector development work developing countries.
- Solid knowledge of macro-economic fundamentals and proven ability to clearly and confidently present economic ideas in writing.
- Understanding of IFC’s strategic priorities and changing business model against the backdrop of IFC 3.0.
- Knowledge of IFC operational and portfolio work and familiarity with investment projects is desirable.
- Ability to synthesize relevant findings from analytical, research and policy papers to inform preparation of Board papers, presentations, briefs, etc.
- Experience in developing and presenting sector or country level strategies is a plus.
- Strong written and verbal communication skills and ability to communicate effectively with high level stakeholders in English is essential.
- Professional experience in South Asia and demonstrated knowledge of South Asian development challenges are desirable.
- Detail oriented, team player with organizational skills and demonstrated ability to handle multiple tasks simultaneously with minimal supervision.
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