Location:

Washington DC, United States
Salary:

negotiable / YEAR
Job type:

FULL_TIME
Posted:

2 months ago
Category:

Budget and Accounting, Finance
Deadline:

09/08/2024

JOB DESCRIPTION

JOB SUMMARY:

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, please visit www.worldbank.org

Junior Professional Associates – Program Description

The Junior Professionals Associate Program (JPA) offers an exceptional opportunity for recent graduates to embark on a professional journey, providing a three-year contract with valuable work experience within a diverse and dynamic environment and the potential of field work experience. The program is an excellent platform to sharpen your existing skills and to develop new ones, all while gaining a profound understanding of the challenges associated with reducing poverty and fostering shared prosperity on a livable planet.

We will provide you with the opportunity to gain entry-level professional experience in a premier development institution, on an Extended Term Consultant (ETC) contract with benefits. For more information, please visit www.worldbank.org/careers/jpa

The following are minimum requirements to be eligible for the JPA program:

• Be 32 years of age or younger

• Hold a bachelor’s degree

• Be fluent in English

The JPA program at the World Bank is a highly competitive initiative. Candidates who are being actively considered for positions may be required to present academic transcripts and professional references. The World Bank’s Human Resources team and hiring team will reach out exclusively to individuals selected for assessment and interviews.

Positions may be in any of the World Bank’s offices worldwide.

Specific Unit Description – EECF2

EEFC2 is a unit of the Finance, Competitiveness and Innovation Global Practice, which covers countries in Eastern Europe, Western Balkans, and Turkey. The FCI Global Practice combines expertise in the financial sector with expertise in private sector development to foster private-sector led growth and help create markets in client countries. FCI’s core lines of business are: (a) Financial Stability & Integrity; (b) Financial Inclusion, Infrastructure & Access; (c) Long-Term Finance; (d)Climate & Risk Management; (e) Investment Climate (f) Markets, Competition and Technology. For more information, please visit https://www.worldbank.org/en/about/unit/fci

Duties and Responsibilities

The candidate will be part of the analytical team, working on the monitoring financial and private sector in the World Bank client countries.

The selected Economist, with a specialization in applied microeconomics (with background in industrial organization in general, and competition and regulation in particular) will be based in Washington, DC. S/he will be a member of the EECF2 Team, with other economists, financial sector and private sector development specialists, and will report to the Practice Manager of the EECF2.

The candidate must be a motivated and dynamic professional, with solid analytic microeconomic skills and policy-relevant experience, with expertise in applied research related to financial sector and/or firm-level dynamics, market dynamics, competition, and excellent client engagement, and team spirit skills, working as part of the EECF2 unit and in collaboration with other global and regional teams.

The key responsibilities will include but are not limited to:

Applied research

• Support the development and dissemination of reports with new analytical frameworks and approaches with an emphasis on financial sector and private sector development;

• Perform descriptive and econometric analysis, including the application of advanced statistical/econometric techniques to analyze firm, market and industry dynamics;

• Conduct research analysis across EECF2 thematic focus, including support in preparing datasets (firm-level or similar), cleaning and organizing the data;

• Support in the preparation of policy reports, working papers, and contributions to flagship publications;

• Work under the guidance of senior team members to transform the analytical outputs into operationally relevant WBG products.

Policy dialogue and project preparation

• Support the preparation of research findings for policymakers and clients in developing countries.

• Contribute to the preparation of lending or technical assistance engagements.

In addition, the selected candidate will have responsibilities specific to financial and private sector monitoring: (i) collecting data on the financial sector performance and other relevant data, as guided by the TTL; (ii) maintaining the banking sector dataset for the regular regional updates for Western Balkans, (iii) contribute to the analytical notes, as requested by the TTLs; and (iv) drafting presentations on the selected financial sector and private sector topic. The candidate will have an opportunity to participate in other project/ASA-related activities by collecting and analyzing data and drafted text as requested by project TTLs.

Selection Criteria

• Advanced Degree in Economics, Finance or related field. PhDs or finalizing PhD students preferred.

• Strong analytical and quantitative skills

Demonstrated knowledge of econometrics, industrial organization, applied statistics, and management of large databases and publications in related areas

• Experience translating research findings into compelling policy advice

• Strong organizational, research, oral presentation, and written skills.

Proven ability to work in a team and intercultural environment.

High level of personal and professional integrity

Self-starter, results-oriented personality with proven problem-solving skills.

• Strong STATA skills (other packages such as R, Python) and LaTex are a plus; as well as advanced knowledge of Microsoft Office (PowerPoint, Excel, Word).

• Familiarity with economic and financial data systems, including Bloomberg, Haver, Orbis, OECD, EIU, IMF, World Bank and the IFS is a plus.

• Familiarity with WB project preparation is a plus.

• Ability to work in a multi-cultural environment and to build effective working relationships with clients and colleagues.

Diversity and Inclusion

The World Bank continually searches for qualified individuals with a diverse set of backgrounds from around the globe. 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, color, ethnicity, sexual orientation, or disability. Individuals with different abilities may be provided reasonable accommodations to perform essential functions and support in receiving other workplace accommodations.

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.

ABSTRACT:

World Bank Junior Professional Associate United States World Bank Jobs 2024

World Bank looking for “Junior Professional Associate”. Applicants with an Advanced degree may apply on or before 09-Aug-24.

The World Bank has published a job vacancy announcement on 18/07/2024 for qualified applicants to fill in the vacant post of Junior Professional Associate to be based in Washington DC , United States. For more jobs, please visit https://unjoblink.org

Company Name: World Bank

Job Title: Junior Professional Associate

Duty Station: Washington DC , United States

Country: United States

Application Deadline: 09-Aug-24

This job has expired.