Freetown, Sierra Leone
The World Bank
Application Deadline: 18 October 2022
The World Bank, a member of the World Bank Group, is a vital source of financial and technical assistance to developing countries around the world. Our mission is to fight poverty with passion and professionalism for lasting results and to help people help themselves and their environment by providing resources, sharing knowledge, building capacity and forging partnerships in the public and private sectors.
We are not a bank in the common sense; we are made up of two unique development institutions owned by 189 member countries: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).
Each institution plays a different but collaborative role in advancing the vision of inclusive and sustainable globalization. The IBRD aims to reduce poverty in middle-income and creditworthy poorer countries, while IDA focuses on the world’s poorest countries.
Their work is complemented by that of the International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA) and the International Centre for the Settlement of Investment Disputes (ICSID).
Together, we provide low-interest loans, interest-free credits and grants to developing countries for a wide array of purposes that include investments in education, health, public administration, infrastructure, financial and private sector development, agriculture and environmental and natural resource management.
About the job
Details: Full-time · Mid-Senior level, International Trade and Development
Do you want to build a career that is truly worthwhile? 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 and promoting shared prosperity. 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. For more information, visit www.worldbank.org.
Application Closing Date: 10/18/2022
Western and Central Africa (AFW) Region
We need the best and brightest talent focused on Sub-Saharan African countries in order to harness the potential and innovation happening across the continent. Africa is a continent on the move, with a young population and a growing market of nearly 1.2bn people. We are committed to making the Africa regional teams into leading innovation hubs. Yet, these vast opportunities are tempered by persistent gaps in education, health, and skills, which have Africa only reaching forty percent of its estimated potential. Moreover, conflict, food insecurity, population growth, and the disruptive forces of climate change threaten to curtail or even reverse the progress that has been made over the past decades.
In West and Central Africa, the World Bank is a leading partner with a growing portfolio of 387 projects totaling more than $44.1 billion in areas such as agriculture, trade and transport, energy, education, health, water and sanitation- all to support job creation, gender equality, poverty reduction, and better lives. Across the continent, the World Bank’s program has nearly doubled over the last 10 years. By 2030, about 87% of the world’s extreme poor are projected to live in Sub-Saharan Africa, so this is where our mission to end extreme poverty and to promote shared prosperity will be achieved.
Are you ready to make an impact? We are looking for dedicated professionals to join our innovative and diverse team to improve people’s lives and help countries build back better after COVID.
Western and Central Africa (AFW) Region:https://www.worldbank.org/en/region/afr/western-and-central-africa
The Macroeconomics, Trade and Investment Global Practice
The Macroeconomics, Trade and Investment (MTI) Global Practice leads the World Bank Group’s dialogue and engagement with clients in macroeconomics, fiscal policy, trade, competition and investment. MTI links the macroeconomic dialogue with programs focused on expanding the role of the private sector in economic development.
For more information: https://www.worldbank.org/en/about/unit/mti-gp
Roles & Responsibilities:
The responsibilities of the Senior Economist include the following:
- Lead the macroeconomic monitoring of Sierra Leone, which includes the Macro and Poverty Outlook (MPO) and the annual Sierra Leone Economic Update;
- Support the policy dialogue on macroeconomic and fiscal policy and economic growth issues with the Sierra Leonean authorities, with the IMF and economic departments of other development agencies and non-government partners;
- Support and lead core country diagnostics such as Country Economic Memorandums (CEM) and other growth diagnostics, fiscal and debt ASAs including Public Expenditure Reviews (PER)/Public Finance Reviews (PFR) and Debt Sustainability Analysis (DSA) – working with other GPs to integrate structural, sectoral and macroeconomic issues;
- Support Development Policy Operations, or other types of lending operations focused on economic and fiscal reforms;
- Guide sector teams on the macroeconomic and fiscal implications of sector policies and investment decisions – for example on the oil and gas and power sectors – and provide cross-support where relevant;
- Coordinate within the country team the preparation of the annual Country Policy and Institutional Assessment (CPIA) exercise;
- Provide analytical inputs for and guide the Country Management Unit (CMU) on country strategic engagement and economic policy issues, including participation in review meetings;
- Actively develops new business that contributes to the development agenda of Sierra Leone;
- Minimum of a Master’s degree in Economics with at least 8 years of experience including a track record of delivery of high quality analytical and advisory products.
- Strong analytical skills in macroeconomic and fiscal management and ability to conduct policy-relevant research.
- Integrative capacity including the ability to situate sectoral issues within a broader development framework.
- Experience in leading high impact development policy operations; sound knowledge of Bank lending tools and procedures.
- Strong oral and written communication skills in English and French, including the ability to present complicated analyses to non-specialist audiences.
- Strong client-orientation and diplomatic skills combined with candor and courage of opinion.
- Entrepreneurial capabilities that can be deployed in identifying and securing new business opportunities.
- High energy and demonstrated interest in achieving impact through analytical work and technical assistance for demanding and sophisticated clients.
- Previous experience in delivering high impact work in a country under economic transformation would be a plus
For information about WBG Core Competencies, please visit: https://bit.ly/2kbIA7O.
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.