Location:

Washington DC, United States
Salary:

negotiable / YEAR
Job type:

CONTRACTOR
Posted:

2 months ago
Category:

Economics
Deadline:

30/10/2024

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. 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 foster high-quality jobs. The Macroeconomic modelling team withing the department manages the World Bank’s main macroeconomic model MFMod and the Bank’s main CGE models MANAGE and ENVISAGE. The team develops customized versions of MFMod and MANAGE for country climates and manages and coordinates the World Bank’s country economists who use MFMod for their twice annual forecasts released in the Macro Poverty Outlook publication.

Responsibilities:

The Macroeconomic modeling Team of the Jobs and Growth global department in Economic Policies GP is seeking to recruit an Extended Term Consultant (ETC)- data scientist or economist proficient in data science to assist in the development, maintenance and user-support of the MFMod model.

Working in the context of an existing infrastructure comprised of economic modelling tools such as Eviews, Jupyter as well as PHP, SQL and dot net, the successful candidate will work with the Global Lead for Macroeconomic modelling to maintain the existing data acquisition system, the model build infrastructure, the model simulation system MFMod and the AutoMPO document generation system.

The successful candidate will be expected to:

• Respond quickly to issues that may arise among mission critical systems

• Work well with the macroeconomic modelers responsible for the economics of the data systems

• Be available during peak work periods (January and July during the model build process) and September through October and February through March when economists are most engaged with the forecasting system.

Selection Criteria

• A degree in economics, statistics, data science or computer science, with a minimum of 2 years of experience working in a heavily automated data intensive economic analysis environment.
• An excellent track record of being responsive and innovative.
• A solid understanding of the World Bank’s MFMod and MFMod- Stand Alone models, the Eviews programming language, SQL, PHP and the dot net framework.
• Experience developing and maintaining client-facing data and document systems.
• Ability to work flexibly, creatively and to multitask 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.

World Bank Group Core Competencies

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.

Learn more about working at the World Bank and IFC, including our values and inspiring stories.

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