Senior Economist

World Bank Group • Washington, DC

11d

About The Position

Do you want to build a career that is truly worthwhile? Working at the World Bank Group provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty, increasing shared prosperity and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. Please visit www.worldbank.org. PROSPERTITY VICE PRESIDENCY The Prosperity Vice Presidency is one of the World Bank Group's five verticals, with a mandate that emphasizes "Growth, Finance, and Institutions for all." Our approach leverages data-driven analysis and combines expertise from both the public and private sectors, together with International Finance Corporation (IFC). The Prosperity Vice-Presidency supports clients in advancing evidence-based structural reforms to establish the foundations for inclusive and sustainable growth in the thematic areas of macro-fiscal policy; financial sector resilience, access and deepening; private sector development, trade and competitiveness; and governance and public sector reform, including statistical capacity. Prosperity is comprised of five Global Departments. ECONOMIC POLICIES GLOBAL DEPARTMENT The Economic Policy (EP) department comprises over 400 staff in regional and global units. The global department for this unit focuses on economic growth, jobs, macroeconomic and debt, and fiscal policies. Global departments play a key role in supporting the regional departments deliver best global knowledge and practices. More than half of the EP's regional staff is decentralized to the field working very closely with the country management units (CMUs) and in proximity to the clients. EP leads or participate in a wide variety of AAA and client advisory work requiring an integrative function that add to their core expertise. EP's professionals are responsible for the preparation and delivery of the majority of the Bank's Development Policy Operations using both IDA and IBRD. The Jobs and Growth global department in Economic Policies GP is responsible for promoting policies to stimulate growth and boost the creation of more and better paid jobs. Within the department, the economic modelling team manages the World Bank’s main economic models MFMod and MANAGE, and develops customized versions of each for country climate development reports, and country growth and jobs reports. The Jobs and Growth unit in the Economic Policy Global Department is seeking to recruit a Senior economic modeler with experience in modelling the impact of economic policies on economic growth and jobs. Experience modeling labor markets in developing countries would be a significant asset. The economic modeler will develop country specific macroeconomic models and train clients, mainly staff of Ministries of Finance and Central Banks, on the use, maintenance and modification of the model. The successful candidate will leverage their experience to develop customized versions of the MFMod modelling system, adapted to the policy questions at hand. S/he will mentor junior modelers and provide intellectual leadership in addressing interactions between jobs and the economy, including issues concerning structural transformation and long-term growth. A solid understanding of labor markets in developing economies and their interactions with the economy would be a big asset, notably as concerns informality and the process of structural change as a driver of development.

Requirements

• A Master’s degree in economics or related field with a minimum of 8 years of relevant experience OR equivalent combination of education and experience.
• Experience analyzing and modelling the impact of policy reforms on economic growth and jobs outcomes and the interactions of their dynamics with the economy.
• A strong understanding of the economics of economic growth, and the functioning of labor markets in a developing country context, notably that of informal employment
• An excellent track record of being responsive and innovative.
• Strong communications skills and experience teaching complex economic concepts to non-technical economists.
• A solid track record mentoring junior staff
• A demonstrated track record of work flexibly, creatively and to multitasking as the need arises.
• A high degree of self-motivation, coupled with a commitment towards teamwork and knowledge sharing, especially across the World Bank Group.

Nice To Haves

• PhD in economics or related field
• Experience modeling labor markets in developing countries
• A solid understanding of labor markets in developing economies and their interactions with the economy would be a big asset, notably as concerns informality and the process of structural change as a driver of development.

Responsibilities

• develop country specific macroeconomic models
• train clients, mainly staff of Ministries of Finance and Central Banks, on the use, maintenance and modification of the model
• develop customized versions of the MFMod modelling system, adapted to the policy questions at hand
• mentor junior modelers
• provide intellectual leadership in addressing interactions between jobs and the economy, including issues concerning structural transformation and long-term growth

Benefits

• The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.
• We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees