Established in 1944, the WBG is one of the world’s largest sources of funding and knowledge for development solutions. In fiscal year 2018, the WBG committed $67 billion in loans, grants, equity investments and guarantees to its members and private businesses, of which $24 billion was concessional finance to its poorest members. It is governed by 188-member countries and delivers services out of 120 offices with nearly 15,000 staff located globally.
The WBG consists of five specialized institutions: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for the Settlement of Investment Disputes (ICSID). The World Bank is organized into six client-facing Regional Vice-Presidencies, several corporate functions and thirteen Global Practices to bring best-in-class knowledge and solutions to regional and country clients.
GLOBAL PRACTICE FOR MACROECONOMICS, TRADE, AND INVESTMENT
The Global Practice for Macroeconomics, Trade and Investment (MTI) comprises about 450 staff working across more than 100 countries. The Practice houses the Bank’s country economists as well as professional staff with expertise in macroeconomics, fiscal policy, trade, and investment. About fifty percent of MTI professional staff is decentralized to the field working very closely with the Country Management Units (CMUs) and in proximity to clients. 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 Analytical products (AAA) and client advisory work requiring integrative functions that add to the core MTI 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, among others. An important additional element of engagement in macroeconomic, trade, and investment is carried through work on debt management supported by the Debt Management Facility.
Duties and Accountabilities:
The Macroeconomics, Trade and Investment Global Practice is looking for a seasoned Senior Economist (GG) (International hire) to work on Kenya, based in Nairobi, Kenya. The MTI team provides economic analysis on a range of macroeconomic, fiscal management, trade and investment issues; supports bank management with regular economic monitoring and macroeconomic modeling/forecasting; maintains local databases for economic and social statistics for use by Bank staff based in the countries and Washington D.C; and supports the country teams working on Kenya. Additionally, the MTI team also works closely with the Country Management Unit on a range of macroeconomic issues through Analytical and Advisory products (AAA), lending operations and client advisory work.
The successful candidate will be a core team member of the MTI East Africa team and will report to the Practice Manager (EA1M1). In the day to day work, s/he will lead and contribute mostly to the Kenya MTI work program.
The World Bank Group values diversity and encourages all qualified candidates who are nationals of World Bank Group member countries to apply, regardless of gender, gender identity, religion, race, ethnicity, sexual orientation, or disability. Sub-Saharan African nationals, Caribbean nationals, and female candidates are strongly encouraged to apply.
Interested and qualified? Go to World Bank Group career website on worldbankgroup.csod.com to apply