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 leverage the power of the private sector to end extreme poverty and promote shared prosperity in a sustainable manner, the IFC operates in over 100 countries. The organization utilizes its capital, expertise, and influence to create markets and opportunities in developing countries, thereby contributing to economic growth and development. The IFC's mission is to stimulate investment activity across emerging markets, particularly in Low Income Countries (LICs) and Fragile and Conflict-affected States (FCS).
Job Overview: The Research Analyst position within the IFC's Country Advisory and Economics unit for Europe (CEUAE) is a critical role that supports the organization's strategy, investments, and operations. The analyst will be responsible for producing regional and country-level economic assessments, collaborating with World Bank Group colleagues to create analytical products such as Country Private Sector Diagnostics (CPSDs) and IFC Country Strategies. The role also involves contributing to WBG country engagement through analytical and strategic products, including Systematic Country Diagnostics (SCD) and Country Climate and Development Reports (CCDR). The analyst will play a key role in implementing IFC's country strategy and diagnostic recommendations through advisory projects that engage with various stakeholders to reform markets and sectors, addressing key bottlenecks to private sector development.
Duties and Responsibilities: The analyst will support the CEUAE team by performing a variety of tasks, including preparing and updating analyses of key macroeconomic trends and inputs on topics such as private sector development, climate, gender, and financial sector development for each country in the region. This work will support the rationale for IFC investment projects, strengthen the design of advisory projects, and ensure consistency in inputs provided to IFC investment teams. The analyst will also prepare write-ups on country and sector contexts for key documents, liaise with relevant counterparts to incorporate feedback into Country Engagement and Analytics products, collect and analyze data, and update the unit's database using various sources. Additionally, the analyst will support the development of new analytical products and perform other ad hoc tasks as needed.
Required Qualifications: Candidates must possess a Master's degree in economics, public policy, or a relevant postgraduate field. They should demonstrate strong analytical and quantitative skills in macroeconomics and have at least 2 years of work experience as an analyst in Business, Finance, Economics, or a related discipline. Familiarity with the economic context and challenges of European countries, as well as an understanding of the focus areas of the IFC or similar Development Finance Institutions, is essential. Candidates should also have a solid grasp of macroeconomic concepts and data, including the interconnections among various economic accounts.
Educational Background: A Master's degree in economics, public policy, or a related field is required for this position. This educational background is crucial for understanding the complexities of macroeconomic analysis and the development of investment strategies.
Experience: The position requires at least 2 years of relevant work experience as an analyst in fields such as Business, Finance, or Economics. This experience should include familiarity with economic analysis and the challenges faced by countries in the European region.
Languages: The mandatory language for this position is English, with a high level of written and verbal communication skills required. Proficiency in additional languages may be considered an asset, although not explicitly stated as preferred.
Additional Notes: This position is a local recruitment opportunity with a term duration of 3 years. The role is based in Paris, France, and offers a comprehensive benefits package, including a retirement plan, medical, life, and disability insurance, as well as paid leave, including parental leave. The World Bank Group is committed to being an equal opportunity and inclusive employer, ensuring that all individuals are treated fairly and without discrimination.
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