Senior Economist - Middle East, Pakistan and Afghanistan

Job Posting Organization:
The International Finance Corporation (IFC) is a member of the World Bank Group and is recognized as the largest global development institution focused on the private sector in emerging markets. Established to support private sector development, the IFC operates in over 100 countries, leveraging its capital, expertise, and influence to create markets and opportunities in developing nations. The organization is committed to ending poverty and promoting sustainable development, with a mission to mobilize private capital at scale to generate more and better jobs, particularly in emerging markets. The IFC's 2030 strategy is built on four transformative pillars aimed at enhancing its role in the global economy, supporting micro, small, and medium enterprises (MSMEs), and fostering collaboration across the World Bank Group. The IFC has a significant impact on the global economy, committing a record $71.7 billion to private companies and financial institutions in fiscal year 2025 alone, demonstrating its commitment to creating a world free of poverty on a livable planet.

Job Overview:
The Senior Economist position at IFC is a critical role that involves providing analytical support and strategic insights to enhance private sector development in the Middle East, Pakistan, and Afghanistan. The successful candidate will be responsible for developing real-time analytics, conducting macro and market analysis, and providing input on investment projects throughout their lifecycle. This role requires a deep understanding of economic modeling, firm-level data, and sector-specific indicators to shape business strategies effectively. The Senior Economist will also contribute to business development by delivering customized research and assessments of regional and global trends, thereby supporting the operational teams in identifying actionable reforms that can unlock private sector opportunities. The position demands a proactive approach to mentoring junior colleagues and contributing to public knowledge through publications and blogs on key private sector development topics. The ideal candidate will possess exceptional analytical skills, policy-relevant experience, and a proven track record in applied research, making them a valuable asset to the Country Advisory and Economics Unit.

Duties and Responsibilities:
The Senior Economist will have a diverse set of responsibilities, including but not limited to:

• Identifying and developing real-time analytics using economic modeling and sector-specific indicators to create markets and influence business strategies.
• Providing timely and quality input to IFC investment projects, focusing on country and regional context, macroeconomic analysis, and strategic fit throughout the project lifecycle.
• Contributing to business development by delivering customized research and macro/market updates to investment and advisory teams.
• Leading or supporting the preparation of Country Private Sector Diagnostics (CPSDs), Country Partnership Frameworks (CPF), and Country Climate and Development Reports (CCDR) in selected countries.
• Acting as a focal point for coordination between IFC, IBRD, and MIGA, contributing to strategic country engagement products and ensuring alignment with WBG agendas.
• Ensuring analytical alignment between diagnostics and expected development outcomes, leveraging IFC’s results framework.
• Collaborating with WBG’s global economics and industry teams to coordinate diagnostics and develop flagship studies.
• Providing front-office support to senior management, preparing analytics and updates on economies and markets.
• Facilitating consultations with stakeholders, including development finance institutions and civil society. 1
• Mentoring junior colleagues and ensuring quality control of strategic and analytical work.

Required Qualifications:
Candidates must possess a PhD in Economics with a minimum of 8 years of relevant experience, or a Master's degree with at least 10 years of experience, or an equivalent combination of education and experience. A strong track record of excellence in research and analytics, including published work, is essential. Candidates should demonstrate expertise in both macro and micro-level economic issues, with solid knowledge of private sector policies and market dynamics. Familiarity with economic models, financial models, and econometric approaches is desirable. The ability to translate economic analysis into actionable strategies and reforms is crucial, along with experience in policy dialogue and lending operations. Strong writing and communication skills are necessary for effective interaction with internal stakeholders and external partners.

Educational Background:
The educational background required for this position includes a PhD in Economics or a Master's degree in a related field. Candidates should have a strong foundation in economic theory, quantitative analysis, and research methodologies. Advanced training in econometrics or related disciplines will be considered an asset, as will any specialized knowledge in private sector development, climate policies, or sector-specific issues such as finance or infrastructure.

Experience:
The ideal candidate should have a minimum of 8 years of experience for those with a PhD or 10 years for those with a Master's degree, focusing on economic analysis, private sector development, and policy formulation. Experience in leading or contributing to analytical work within the World Bank Group or similar institutions will be highly regarded. Proven ability to manage complex projects and collaborate effectively with diverse teams is essential.

Languages:
The mandatory language for this position is English, with proficiency in Arabic considered a preferred asset. Candidates should demonstrate strong communication skills in both languages to effectively engage with stakeholders and contribute to the organization's objectives.

Additional Notes:
This position is a full-time role with a contract duration of three years. It involves international recruitment, indicating that candidates from various countries are encouraged to apply. The World Bank Group offers a comprehensive benefits package, including retirement plans, medical and life insurance, paid leave, and accommodations for individuals with disabilities. The organization is committed to diversity and inclusion, ensuring equal opportunities for all applicants regardless of gender, race, ethnicity, or other characteristics.