Consultancy for Economic Analysis and M&E Plans for IFD/CTI Loan Operations
JOB DETAIL
Post of Duty: Washington D.C – USA
The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean. Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.
The Competitiveness, Technology, and Innovation Division (IFD/CTI) supports Bank operations in the areas of Science and Technology, Competitiveness and Innovation, as well as entrepreneurship to strengthen development in the region and promote specific projects that foster national, regional and sector innovation systems.
About this position
The Division is seeking a Research Fellow with expertise in project evaluation (both private and social) and impact evaluation (design and implementation). The ideal candidate will possess strong skills in micro-econometrics, statistical/econometric programming, and research. This role is essential for preparing documents for loans in the Division’s pipeline.
The Research Fellow program offers selected candidates the opportunity to assist staff responsible for preparing the economic analysis and monitoring and evaluation (M&E) of loan operations designed by CTI. Responsibilities will include analysis, literature review, data collection, data mining, statistical and econometric work, document preparation, and knowledge dissemination related to EA and M&E implementation.
The primary purpose of this role is to provide research and technical assistance to staff preparing EA and M&E documents that support loans designed by CTI.
The CTI Division, provides funding, technical assistance and knowledge products to support governments in key action areas such as firm-level innovation, entrepreneurship ecosystems, green innovation, digital transformation, creative economy, social innovation, and productive development. IDB programs in these areas incorporate common themes, such as training in science, technology and innovation for advanced human capital; strengthening scientific and technological infrastructure; designing public policies to promote innovation; and strengthening the institutional capacity of the agencies and ministries that are responsible for implementing these policies.
CTI is also responsible for the preparation and implementation of the Bank’s Strategy and action plan in all the above-mentioned areas. To address and support member countries in all these topics, the CTI Division requires a research fellow which will be aimed at providing support for the preparation of the Economic Analysis and the Monitoring and Evaluation Plans of all loan operations prepared by CTI.
The Development Evaluation Matrix, the instrument used by management to determine how evaluable a loan proposed for approval by the Board is, relies on three inputs: The Proposal for Operation Development (POD), the Economic Analysis (EA) and the Plan of Monitoring and Evaluation (M&E). While the first one is prepared by the project team leader, the other two are usually commissioned to specialists with technical expertise in ex ante cost benefit or cost effectiveness analysis (for the EA) and in impact evaluation methods (for the M&E). CTI is producing these documents in-house.
What you’ll do:
Expected duties by the consultant will be concentrated into (but not limited to):
- Statistical/econometric and research support (data collection, processing, and programming).
- Collection of stylized facts and recent historical and legal background is useful to explain and necessary to understand the different findings obtained after analyzing the data inputs.
- Support the review of the literature related to the evaluation of similar programs as those under design.
- Support in economic modeling.
- Support in the computations of NPV, TIR, and stochastic simulations of project incremental flows
- Assistance in power analysis and other statistical tasks related to the design of impact evaluations, etc.
- Economic and technical assistance throughout the development of the operational pipeline of the CTI division.
What you’ll need:
- Education: master’s degree in economics (Post graduate courses in Economics or related fields with strong quantitative skills is encouraged).
- Experience: five-year experience in data analysis, statistics, econometrics, and research (3 years of relevant experience preferred). Previous experience conducting or assisting design and implementation of project economic analysis and impact evaluation of productive development or labor market programs of the IDB or similar institutions is strongly desired.
- Languages: Proficiency in English and Spanish.
- Learn continuously
- Collaborate and share knowledge
- Focus on clients
- Communicate and influence
- Innovate and try new things
Requirements:
- Citizenship: You are a citizen of one of our 48-member countries.
- Consanguinity: You have no family members (up to the fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab.
Opportunity Summary:
- Type of contract: Consultant under CNS modality, Research Fellow.
- Length of contract: 12 months from the starting date of the contract.
- Location: Washington D.C., Headquarters.
What we offer
The IDB group provides benefits that respond to the different needs and moments of an employee’s life. These benefits include:
- A competitive compensation packages.
- Leaves and vacations: 2 days per month of contract + gender- neutral parental leave.
- Health Insurance: the IDB Group provides a monthly allowance for the purchase of health insurance.
- Savings plan: The IDB Group cares about your future, depending on the length of the contract, you will receive a monthly savings plan allowance.
- We offer assistance with relocation and visa applications for you and your family when it applies.
- Hybrid and flexible work schedules.
- Development support: We offer learning opportunities to boost your professional profile such as seminars, 1:1 professional counseling, and much more.
- Health and wellbeing: Access to our Health Services Center which provides preventive care and health education for all employees.
- Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, and others.
Our culture
At the IDB Group we work so everyone brings their best and authentic selves to work, willing to try new approaches without fear, and where they are accountable and rewarded for their actions.
Diversity, Equity, Inclusion and Belonging (DEIB) are at the center of our organization. We celebrate all dimensions of diversity and encourage women, LGBTQ+ people, persons with disabilities, Afro-descendants, and Indigenous people to apply.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job interview process. If you are a qualified candidate with a disability, please e-mail us at diversity@iadb.org to request reasonable accommodation to complete this application.
Our Human Resources Team reviews carefully every application.
About the IDB Group
The IDB Group, composed of the Inter-American Development Bank (IDB), IDB Invest, and the IDB Lab offers flexible financing solutions to its member countries to finance economic and social development through lending and grants to public and private entities in Latin America and the Caribbean.
About IDB
We work to improve lives in Latin America and the Caribbean. Through financial and technical support for countries working to reduce poverty and inequality, we help improve health and education and advance infrastructure. Our aim is to achieve development in a sustainable, climate-friendly way. With a history dating back to 1959, today we are the leading source of development financing for Latin America and the Caribbean. We provide loans, grants, and technical assistance; and we conduct extensive research. We maintain a strong commitment to achieving measurable results and the highest standards of integrity, transparency, and accountability.
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