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Job #150478
Job Title; Economist
Job Family; Other
Job Type; Professional & Technical
Grade; GF
Location; Dar Es Salaam, Tanzania


Recruitment Type; Local Hire
Language Requirement; English [Essential]; French [Essential]
Closing Date; 23-Apr-2015
Background / General description:

THE WORLD BANK GROUP

Established in 1944, the WBG is one of the world’s largest sources of funding and knowledge for development solutions. In fiscal year 2014, the WBG committed $65.6 billion in loans, grants, equity investments and guarantees to its members and private businesses, of which $22.2 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). IBRD and IDA are commonly known as the World Bank, which is organized into six client-facing Regional Vice-Presidencies, several corporate functions, and – as of July 1, 2014 – has introduced fourteen Global Practices (GPs) as well as five Cross-Cutting Solution Areas (CCSAs) to bring best-in-class knowledge and solutions to regional and country clients.


GLOBAL PRACTICES & CROSS-CUTTING SOLUTIONS AREAS

The 14 GPs are: Agriculture; Education; Energy and Extractives; Environment and Natural Resources; Finance and Markets; Governance; Health, Nutrition and Population; Macroeconomics and Fiscal Management; Poverty; Social Protection and Labor; Social, Urban, Rural and Resilience; Trade and Competitiveness; Transport and ICT; and Water. The 5 CCSAs are: Climate Change; Fragility, Conflict and Violence; Gender; Jobs; and Public-Private Partnerships. The new operating model is part of a broader internal reform aimed at delivering the best of the World Bank Group to our clients, so that together we can achieve the twin goals of (1) ending extreme poverty by 2030, and (2) promote shared prosperity for the bottom 40% of the population in every developing country.


GLOBAL PRACTICE FOR MACROECONOMICS and FISCAL MANAGEMENT

The Global Practice for Macroeconomics and Fiscal Management (MFM) comprises about 320 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, growth, and statistics. About fifty percent of MFM professional staff is decentralized to the field working very closely with the CMUs and in proximity to clients. MFM professionals most often work across sectors helping carry out key integrative functions. In this context MFM professionals are responsible for the preparation and delivery of the majority of the Bank’s Development Policy Operations using both IDA and IBRD resources. MFM professionals also lead or participate in a wide variety of AAA and client advisory work requiring an integrative functions that add to the core MFM expertise. As such MFM 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 is a central part of MFM with work focused on 5 thematic areas: (a) macroeconomics; (b) fiscal policy; (c) growth; (d) economic management in resource rich environments; and (e) statistics.


Background & General Description :

The Global Practice for Macroeconomics and Fiscal Management (MFM) is seeking to recruit an Economist (or Senior Economist) with excellent technical and analytical skills to be based in the Dar Es Salaam office to support the overall work-program of Tanzania MFM.

The Economist would be part of MFM-Africa 2 Unit, the home of around 30 professionals, providing lending and non-lending services in support of growth and poverty reduction in thirteen countries in East Africa and the Great Lakes. The unit supports the country programs managed by six Country Directors who are located in country offices along with about three-quarters of the team. The work program of the Unit is expanding as a result of increased demand in country programs for both analytical and operational work.

Note: If the selected candidate is a current Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be offered a 2 year term appointment.
Duties and Accountabilities:
The Economist will be locally hired and work on Tanzania based in the Bank office in Dar Es Salaam. S/he will be responsible for the monitoring and assessment of macroeconomic developments in Tanzania and will also contribute to the preparation and supervision of the MFM’s work program (including Governance projects and analytical and advisory activities) in Tanzania. S/he will work closely with the Lead Economist and the Senior Economist for Tanzania. Specifically, the Economist will:
Monitor developments in the economy, research and analyze the country’s economic, financial and sector issues;

Maintain macroeconomic database and regularly prepare an updated medium-term macroeconomic projections. Use/run economic/financial models and toolkits using existing software packages, or Bank’s own models;

Collect and analyze data as well as participate in exchange of information with Government, private sector officials and other international financial institutions and maintain the Live Data Base (LDB);

Participate in the design, preparation and implementation of budget support and lending operations in Tanzania;

Participate in the design, preparation and dissemination of analytical economic work and reporting on Tanzania, including country economic updates, Public Expenditure Management and Financial Accountability Review (PEMFAR); and coordinate the preparation of the Country Policy and Institutional Assessment (CPIA);

Prepare briefs and analytical notes, and contribute to the writing of sections in analytical reports, in particular for the biannual Tanzania Economic Updates
Support the Country Management Unit (CMU) in the implementation of the World Bank’s Tanzania program

Engage in policy dialogue with governments of Tanzania in coordination with the Lead Economist or Senior Economist;

Develop and maintain active engagement with other development partners and local think tanks and researchers.

Conduct any other tasks that may be assigned to him/her
Selection Criteria:
Minimum of a Master’s Degree in Economics with at least 5 years of relevant work experience (PhD Preferred).

Technical Proficiency: Skills and experience in working on economic policy issues and data analysis. Proven strong conceptual, analytical and evaluative skills in these areas.

Communication and Team Skills: High level of personal and professional integrity. Self-starter. Strong ability to function well in a multi-cultural environment, and working in teams.

Results-oriented personality with proven problem-solving skills, and strong communication skills.

Computer Skills: Familiarity with econometric software such as E-Views, STATA or other statistical packages and MS Office programs, including Excel, is essential.

Required Competencies:

• General Economic Knowledge and Analytical Skills - Possesses a demonstrated track record of working with economic and sectoral data and analytical tools and models to conduct economic analyses and produce user-friendly written outputs; understands underlying statistical concepts.
• Knowledge and Experience in Development Arena - Understands policy making process; distills operationally relevant recommendations/lessons for clients.
• Policy Dialogue Skills - Identifies and assesses policy issues and plays an active role in the dialogue with the government and/or other stakeholders.
• Integrative Skills - Working to develop an integrated view across all facets of current sector.
• Macroeconomic Skills and Country Economics Experience - Demonstrates macroeconomic modeling skills and knowledge; understands how different accounts in an economy fit together and links among real, monetary, trade, debt and balance of payments accounts.
• Written and Verbal Communication - Delivers information effectively in support of team or workgroup
• Lead and Innovate- Develops innovative solutions.
• Deliver Results for Clients- Proactively addresses clients’ stated and unstated needs.
• Collaborate Within Teams and Across Boundaries- Collaborates across boundaries, gives own perspective and willingly receives diverse perspectives.
• Create, Apply and Share Knowledge- Applies knowledge across WBG to strengthen solutions for internal and/or external clients.
• Make Smart Decisions- Interprets a wide range of information and pushes to move forward.

The World Bank Group is committed to achieving diversity in terms of gender, nationality, culture and educational background. Individuals with disabilities are equally encouraged to apply. All applications will be treated in the strictest confidentiality.
SOURCE; DAILY NEWS 13 APRIL 2015

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