Economist

Job Posting Organization:
The World Bank Group is a prominent global partnership consisting of five institutions dedicated to addressing the most pressing development challenges faced by countries around the world. Established with the mission to end extreme poverty and promote shared prosperity, the organization has grown to include 189 member countries and operates in over 120 offices globally. The World Bank Group is recognized as one of the largest sources of funding and knowledge for developing nations, leveraging its extensive resources to invest in innovative projects that utilize data, research, and technology to create sustainable solutions for global issues.

Job Overview:
The position of Economist within the World Bank's Fiscal Policy and Growth (FPG) Department is critical for enhancing macro-fiscal foundations in Mozambique. The selected candidate will be based in Maputo and will play a vital role in contributing to analytical work and lending operations that support the country's economic development. The FPG Department engages with various government ministries to promote inclusive growth and job creation through prudent macroeconomic policies and structural reforms. The Economist will work closely with a team of experts, including the Division Director and Senior Country Economist, to deliver high-quality outputs that address Mozambique's unique economic challenges. This role requires strong analytical skills, sound judgment, and the ability to engage effectively with government counterparts and development partners, ensuring that the World Bank's initiatives align with the country's reform agendas.

Duties and Responsibilities:
The Economist will be responsible for a wide range of duties, including: contributing to FPG Advisory Services and Analytics (ASA) in areas such as macroeconomic and fiscal management, public finance, and private-sector development; collecting, analyzing, and maintaining economic data relevant to Mozambique; preparing macroeconomic projections and contributing to various economic reports and policy notes; designing and implementing financing operations, including Development Policy Financing; leading or participating in country-specific financing operations and advisory services; engaging in policy dialogue with government officials on macro-fiscal issues; establishing partnerships with various stakeholders; and disseminating World Bank knowledge products to relevant audiences. The role also involves contributing to regional and cross-country analytical work as needed, ensuring that the Economist's contributions align with the broader goals of the World Bank Group.

Required Qualifications:
Candidates must possess a minimum of a Master’s degree in economics or a closely related field, with a PhD preferred. Additionally, at least 5 years of relevant professional experience is required, with a PhD considered equivalent to 3 years of work experience. A solid background in macroeconomic modeling, fiscal analysis, and applied economic policy analysis is essential. Candidates should demonstrate a strong understanding of Mozambique's development challenges and policy priorities, as well as the ability to work with complex datasets to produce relevant analyses. Experience in contributing to economic reports, policy notes, and government reform programs is highly valued, particularly if it involves World Bank financing operations or similar multilateral experiences. Excellent analytical, drafting, and communication skills in both English and Portuguese are mandatory, along with strong interpersonal skills to work effectively in a diverse team environment.

Educational Background:
The educational background required for this position includes a Master’s degree in economics or a closely related field, with a preference for candidates holding a PhD. This advanced education is crucial for understanding the complexities of macroeconomic policies and fiscal management, which are central to the role of an Economist at the World Bank.

Experience:
The position requires a minimum of 5 years of relevant professional experience in economics, with a preference for candidates who have experience in macroeconomic modeling, fiscal analysis, and applied economic policy analysis. Candidates with a PhD will have their educational experience considered equivalent to 3 years of professional work, thus potentially reducing the required years of experience for those individuals. Experience in working with multilateral organizations, particularly in the context of financing operations, is considered an advantage.

Languages:
Fluency in English and Portuguese is mandatory for this position, as the Economist will be required to communicate effectively with government counterparts and stakeholders in Mozambique. Proficiency in these languages is essential for drafting reports, engaging in policy dialogue, and disseminating findings. Additional language skills may be beneficial but are not explicitly required.

Additional Notes:
This position is a local recruitment opportunity with a term duration of 3 years. The World Bank Group emphasizes a culture of urgency, thoughtful risk-taking, and empowerment, encouraging employees to act and hold each other accountable for results. The organization offers a comprehensive benefits package, including retirement plans, medical and life insurance, paid leave, and reasonable accommodations for individuals with disabilities. The World Bank Group is committed to diversity and inclusion, ensuring equal opportunities for all employees regardless of gender, identity, religion, race, ethnicity, sexual orientation, or disability.