Lead Economist
World Bank (World Bank)
Location: Jakarta (Indonesia)
Grade: GH, Chief and Senior Professional
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Added 1 month ago
Closed on 4 Mar 2020
Job Description

Description

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. For more information, visit www.worldbank.org

Background / General description:

The Global Practice for Macro Trade & Investment (MTI) comprises about 450 staff working across more than 120 countries. Almost half of MTI professional staff are decentralized to the field working closely with the Country Management Units (CMUs) and in proximity to the clients. The Practice houses the Bank’s country economists, as well as professional staff with expertise in macroeconomics, fiscal policy, growth, statistics, trade, competition policy and investment climate. MTI professionals most often work across sectors helping carry out key integrative functions. In this context, MTI professionals are responsible for the preparation and delivery of the majority of the Bank’s Development Policy Operations using both IDA and IBRD resources. MTI professionals also lead or participate in a wide variety of AAA and client advisory work requiring integrative functions that add to the core Macroeconomic expertise. As such MTI staff often lead or participate in the preparation of Strategic Country Diagnostics, Country Economic Memorandums and cross sector Public Expenditure Reviews. An important additional element of engagement in macroeconomic and fiscal policies is carried through work on debt management supported by the Debt Management Facility.

Knowledge and learning are a central part of MTI’s work focused on 9 thematic areas: (a) macroeconomics; (b) fiscal policy; (c) growth; (d) economic management in resource rich environments; (e) macroeconomic modelling & statistics; (f) trade and regional integration; (g) competition policy; (h) investment policy and promotion; and (i) business regulation.

The EEAM2 unit covers work in 16 countries in South East Asia (Brunei, Indonesia, Malaysia, Philippines, PNG, Thailand and Timor Leste) and the Pacific region (Fiji, Federal States of Micronesia, Kiribati, Republic of Marshall Islands, Samoa, Salomon Islands, Tonga, Tuvalu and Vanuatu).

Duties and Accountabilities:

Provide intellectual and technical leadership for the work by the Bank in Indonesia on macroeconomic, fiscal, trade and growth issues;
Provide strategic advice on economic issues to the Country Management Unit and the MTI/ EFI Management;
Advise the Country Director on the demand and needs of Indonesia, and support the MTI/EFI Management in the design and implementation of the MTI annual work program;
Lead and/or participate, as needed, in a broad range of lending and non-lending tasks and take a pro-active role in promoting the latest lending, Technical Assistance, and Economic and Sector Work instruments;
Lead the MTI Indonesia team, including quality assurance and coaching and mentoring of junior staff, in consultation with the Practice Manager;
Actively initiate dialogue and build cordial relationships with key government counterparts, local think tanks, and development partners to ensure high impact of analytical work;
Help integrate key MTI thematic areas (inclusive growth, fiscal management, macro-economic modelling) in the EFI and broader country work program and promote multi-sector collaboration;
Engage with the broader country team, other GPs and CCSAs to enhance the rigor of advice on cross- cutting and sectoral issues in support of the inclusive growth agenda;

Selection Criteria

In addition to the Bank-wide criteria listed below, the successful candidate for this position should have demonstrated superior technical skills, a capacity to operate successfully across sectors and with other development partners, and first-rate interpersonal skills. The incumbent must be able to interact effectively with senior members of the government, senior officials of donor governments, across Bank GPs, and with Bank senior management.
Other selection criteria include:

Master’s or Ph.D. (preferred) degree in economics, with at least twelve years of experience.
Strong technical and operational skills as evidenced in a proven track record in delivery of Bank operations, such as ESWs, Fee-Based Services or Development Policy Lending (DPLs);
Superior analytical skills demonstrated through task leadership of major economic reports and other published work related to macroeconomic, fiscal, growth and structural policy issues;
Proven sense of initiative, results orientation, and leadership qualities, as well as effective teamwork skills;
Strong communication skills, including the ability to speak persuasively and to present ideas clearly and concisely with senior policy officials.
Strong integrative capacities; i.e., ability to situate MTI activities within a coherent strategic framework.
Demonstrated effectiveness in conducting policy dialogue on economic issues with senior government officials, the private sector, donor representatives and civil society;
Ability to gain the trust and respect of country counterparts, while maintaining objectivity and clear focus on the Bank's mission;
Ability to enhance the quality of Bank products through early guidance, constructive feedback, encouraging innovation and risk taking, and establishing links with other networks and relevant partners;
Proven ability to lead, team work, mentor staff, inspire staff commitment to technical excellence and teamwork, and resolve conflicts constructively;
Ability to juggle numerous competing demands and priorities, respond quickly to country and management requests, and set priorities for self and others;

Competencies:

Possesses the skills to conceptualize, conduct economic analyses and derive policy-relevant findings.
Contributes to or leads policy-based lending operations, economic reports or other work on macro-economic, fiscal, growth, and structural policy issues.
Translates technical analyses of macroeconomic, debt, trade, fiscal policy, and growth into policy recommendations and cross-country lessons.
Demonstrates ability to think and work across WBG, practices and sectors.
Integrates divergent viewpoints of multiple external and internal stakeholders into a coherent project/program/strategy.
Considers corporate commitments (e.g. MFD, climate, gender) in project approach.
Possesses political judgment, diplomatic acumen, and negotiating skills.
Builds and sustains key stakeholder relationships with government and other key stakeholders.
Guides client and/or development partners in identifying key operational issues and optional solutions with a demonstrated ability to bring together different perspectives.
Leads task teams, participates in formal negotiations, and assists government in establishing priorities.
Demonstrates the ability to influence and persuade others to accept ideas and suggestions (such as counterparts in government, international partner organizations, academia, and Bank colleagues, senior staff and managers).
Has ability to communicate and defend orally and in writing challenges and positions to colleagues and management.

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.

About World Bank

With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries.

World Bank's mission is to end extreme poverty by reducing the share of the global population that lives in extreme poverty to 3 percent by 2030, and to promote shared prosperity by increasing the incomes of the poorest 40 percent of people in every country.