Overview

Research Analyst

Job #: req11695

Organization: IFC

Sector: Economics

Grade: GE

Term Duration: 2 years 0 months

Recruitment Type: Local Recruitment

Location: Washington, DC,United States

Required Language(s): English

Preferred Language(s): Closing Date: 5/13/2021 (MM/DD/YYYY) at 11:59pm UTC

Description

IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2020, we invested $22 billion in private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org

The Economics and Private Sector Development Vice Presidency (CEDVP) is responsible for identifying and delivering on private sector diagnostic needs, drawing on resources across the WBG, to grow IFC’s capacity to deliver Country Private Sector Diagnostics (CPSDs), and present private sector perspectives in Systematic Country Diagnostics or Country Partnership Frameworks (SCD/CPF) and country strategies; developing rigorous sector economic analyses and an ex-ante project assessment framework to help guide project selection, complementing our expertise in supporting and monitoring project implementation; as well as identifying and strategically driving policy engagements that create and grow new markets for the private sector. The CEDVP also encompasses teams working on global macroeconomic analyses and prospects as well as the team in charge of gender mainstreaming in IFC. The Vice Presidency is also home to two additional operational teams and content providers focusing on Blended Finance and Climate Businesses.

The Sector Economics and Development Impact Department (CSE), part of the Economics & Private Sector Development Vice Presidency, analyzes economic sectors with a view to identifying opportunities and solutions for private sector development, and works closely with IFC Operations in formulating sector priorities and strategies. It is expected to provide technical support to operations related to structuring, appraising, and monitoring investment and advisory projects and is responsible for reporting on IFC’s impact. The department is in charge of fully developing and implementing the ex-ante project assessment framework (Anticipated Impact Measurement and Monitoring- AIMM) for investment and advisory projects throughout the project cycle, help ensure high-quality economic support for IFC operations teams on strategies and projects; and develop sector economic analyses with a focus on solutions for private sector development.

CSE is the largest department in the Economics and Private Sector Development Vice Presidency, with approximately 80 staff, comprised of mainly sector economists and results measurement specialists assigned currently to fully integrated units organized along IFC industry groupings. hese include: CSE unit for Financial Institutions Group (CSEFI); CSE unit for Infrastructure and Natural Resources (CSEIN); and CSE unit for Manufacturing, Agribusiness, and Services (CSEMA); and CSE unit for Disruptive Technology and Funds (CSEDF). For each unit, the sector economists are embedded in the respective industry groups to ensure they play a connective tissue role. Still, they are an integral part of CSE and report to CSE managers. The department also includes two additional teams in charge of economic modeling, applied research and analytics (CSEIM) composed of research economists and the CSE unit for Results Measurement and Corporate Reporting (CSECR) that supports all industry groups. In short, the department offers an “end-to-end” support and impact assessments for IFC investments and advisory services, engaging upstream and downstream throughout the project cycle.

The CSE Department is looking to recruit an Analyst in the Sector Economics and Development Impact Department for the unit serving the Manufacturing, Agribusiness and Services operations (CSEMA). The analyst will support MAS investment and advisory teams across the different regions providing, on an ongoing basis, economic and financial analysis, necessary support to operational teams and management, support economists’ in the assessment of additionality and development impact for projects under CSEMA industry business lines, contribute to generating relevant and robust technical analysis (including in the context of CPSD) and thought pieces and contribute to evaluative work beyond the project lifecycle. S/he will work in close collaboration with the Investment and Advisory Staff of the MAS team.

Role & Responsibilities

AIMM and Results Measurement

  • Assist sector economists and MAS teams in reviewing MAS project documents and external data and literature to ensure well-articulated and well-justified analysis of development impacts of MAS engagements in these projects that is aligned with relevant AIMM Sector Frameworks. Assist in managing internal reporting data such as AIMM Assistants and shared drives.
  • Assist in data collection and portfolio monitoring of core development outcomes articulated in ex-ante AIMM assessments to monitor development outcomes of MAS portfolio projects each year.
  • Support the implementation and design of AIMM frameworks for both Investment and Advisory projects.
  • Assist sector economists and MAS teams in reviewing MAS project documents and external data and literature to ensure well-articulated and well-justified analysis of development impacts of MAS engagements in these projects that is aligned with relevant AIMM Sector Frameworks. Assist in managing internal reporting data such as AIMM Assistants and shared drives.

    Analytical work

    • Gather data to perform evidence- based research of relevance to MAS strategy.
    • Perform rigorous economic and econometric analysis on sector trends, forecasts and long-term sector dynamics across different countries.
    • Perform competitiveness analyses for different MAS products particularly agribusiness), taking into consideration existing policy frameworks as well as the impact of potential changes in policy (i.e. changes in tariffs, taxes, subsidies etc.)
    • Perform desk-based research gathering evidence on different topics relevant for MAS investments.
    • Contribute to the development of Country Private Sector Diagnostics (CPSDs) where the analysis is focused on MAS sectors
  • Gather data to perform evidence- based research of relevance to MAS strategy.

    Communication, Knowledge Sharing, and Learning

    • Contribute to and conduct research to support various Sector Economics deliverables as needed.
    • Collect and disseminate data and research on MAS sectors
    • Distill and summarize large volumes of information from various sources to prepare accurate input to reports, talking points, and briefs that require key messages.
    • Utilize graphics and tables to effectively and creatively present data in support of a coherent and cogent argument and narrative developed by senior colleagues.
    • Help train and prepare training materials for operational staff on results measurement throughout the project cycle, including reach data and AIMM training.
  • Contribute to and conduct research to support various Sector Economics deliverables as needed.

    Selection Criteria

  • Master’s degree in economics, public policy, or a closely related field with 2-3 years of relevant professional experience.
  • Master’s degree in economics, public policy, or a closely related field with 2-3 years of relevant professional experience.
  • Strong written and verbal communications skills
  • Strong quantitative skills
  • Proven capability to handle complex assignments and produce work to a high professional standard.
  • Proven strong conceptual, analytical, and evaluation skills, initiative, ability to translate ideas into actions and timely delivery.
  • Strong team player, with proven ability to work collaboratively in a team environment
  • Demonstrate basic understanding of economic theory – macro and microeconomic concepts and principles – and knows how it applies to emerging markets.
  • Basic understanding of financial statements
  • Demonstrated track record in conducting economic analysis, especially the calculations of economic returns of a project. Knowledge of the agribusiness sector is desirable.
  • Ability to produce and interpret statistical, econometric and other quantitative research tools.
  • Ability to manipulate, document and present economic or other data as input to broader analytical work. Has strong data gathering, cleaning and management skills, and related software.
  • Demonstrate analytical skills and ability to synthesize large amounts of information and economic data; recognize interrelationships and key drivers of trends; and anticipate next analytical steps.
  • Has a basic understanding of private sector development in Emerging Markets
  • Possess strong knowledge of micro and macro-economic theory and concepts to analyze drivers of and bottlenecks to the development and functioning of sectors/markets.
  • Demonstrate strong understanding of the economics of a sector and key drivers of growth, productivity, profitability and efficiency to provide analytical input into project impact assessments and sector strategies.
  • Demonstrate awareness of a variety of development impact assessment tools and frameworks and able to conduct basic project impact analysis.
  • Ability to analyze and compare functioning of a sector across countries.

    Poverty has no borders, neither does excellence. We succeed because of our differences and we continuously search for qualified individuals with diverse backgrounds from around the globe.