Senior Economist

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Position Title: Senior Economist
Location: Beijing
Country: China
Deadline Date: N/A

Job Details

Job Posting Organization:
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank established in January 201

• The bank's mission is to finance sustainable infrastructure projects that promote economic development and regional connectivity. AIIB has grown to include 110 approved members worldwide and is capitalized up to USD 100 billion, holding a AAA rating from major international credit rating agencies. The organization focuses on unlocking new capital and investing in green, technology-enabled infrastructure that meets the needs of its clients. AIIB operates with a commitment to sustainability and innovation, ensuring that its projects align with climate change commitments and contribute positively to the environment.

Job Overview:
The position of Senior Economist within the Economics Department of AIIB is designed to support the bank's policy-based lending initiatives aimed at addressing climate change challenges faced by its member countries. The successful candidate will be part of interdepartmental teams responsible for initiating, implementing, and monitoring climate-focused lending strategies. This role requires a deep understanding of economic policies, institutions, and frameworks that advance national climate plans and promote investment in related infrastructure. The Senior Economist will engage in policy dialogues with country authorities, assess macroeconomic and budget frameworks, and contribute to the overall thought leadership of the Economics Department, particularly in relation to climate and environmental issues. The position is pivotal in ensuring that AIIB's lending operations are informed by robust economic analysis and research, thereby enhancing the impact of its investments in sustainable infrastructure.

Duties and Responsibilities:
The key responsibilities of the Senior Economist include:

• Conducting comprehensive country-specific analyses on policies, institutions, regulations, and frameworks related to climate change and green infrastructure investment, assessing the adequacy of macroeconomic and budget frameworks for policy-based lending.
• Engaging with country authorities to facilitate policy dialogues on climate-related issues and investment strategies.
• Designing policy measures and parameters for AIIB's policy-based financing, monitoring progress, and conducting post hoc assessments of lending operations.
• Supporting the Economics Department in advancing research and thought leadership on climate and environmental issues, including conducting original research to provide new insights on climate change mitigation and adaptation.
• Contributing to the bank's project operations through macroeconomic monitoring, cost-benefit analysis, and assessing the development impact of projects.
• Collaborating with interdepartmental teams to ensure alignment of economic policies with AIIB's strategic objectives and member countries' climate commitments.

Required Qualifications:
Candidates must possess a postgraduate degree in economics, with a PhD preferred. A minimum of 10 years of relevant experience in international organizations, investment banks, think-tanks, government agencies, or financial institutions is required. Strong expertise in climate change-related disciplines such as energy economics, environmental economics, sustainable development, climate finance, and transition planning is essential. Experience in macroeconomic and fiscal policy setting, particularly as it pertains to policy-based lending, is a plus. An academic research record in climate economics or relevant publications is advantageous. Candidates should also have experience in applied climate policy settings and country dialogues, with a preference for those with experience in policy-based financing and grant-making.

Educational Background:
The ideal candidate should have a postgraduate degree in economics, with a PhD being highly desirable. This educational background should be complemented by a strong foundation in climate economics and related fields, ensuring that the candidate is well-equipped to address the complex challenges associated with climate change and sustainable infrastructure investment.

Experience:
A minimum of 10 years of relevant experience is required, with a strong emphasis on roles within international organizations, investment banks, think-tanks, or government agencies. Candidates should have a proven track record in climate change economics, policy-based lending, and engaging with country authorities on climate-related issues. Experience in macroeconomic analysis, fiscal policy setting, and infrastructure project evaluation is also essential.

Languages:
Fluency in English, both oral and written, is mandatory. Strong communication skills are crucial for engaging with diverse stakeholders and conducting policy dialogues. Additional language skills may be considered an asset, particularly if they pertain to the countries in which AIIB operates.

Additional Notes:
This position is part of AIIB's Future Opportunities talent pooling initiative, which means that while there may not be immediate vacancies, applications are continuously accepted to build a strong talent pipeline. The recruitment process is designed to be swift when opportunities arise. AIIB is committed to diversity and inclusion, encouraging applications from individuals regardless of nationality, religion, gender, race, disability, or sexual orientation. The seniority level and job title for successful applicants will be determined based on their previous experience and qualifications.