Purpose of Job
The Associate Economist is a member of one of the six sector teams (ICA, FI, Energy, Infrastructure, GET and Gender & Economic Inclusion) in the Sector Economics and Policy (SEP) pillar of EPG. He/she performs sector and pillar-wide duties and contributes to the preparation of core SEP products and processes under the supervision of his/her line manager. Under the guidance of the team Associate Director, he/she also advises Banking on the design and structuring of the transition impact of stand-alone Projects and Frameworks and prepares EPG project notes to be submitted to the Operations Committee (OpsCom) and Small Business Investment Committee (SBIC)
He/she is involved in monitoring part of the projects’ portfolio and Bank’s investment Frameworks. In coordination with the Associate Director and other members of the sector economics team, he/she also provides input into sector policy dialogue activities, a key focus of VP3, and may be the operation leader of enabling/associated TC projects.
The Associate Economist also contributes to sector analysis, like the Country Diagnostics and the yearly Assessment of Transition Qualities (ATQs). Given the regular demands from senior management, the Associate Economist is expected to show strong initiative and take the lead on sector policy notes and briefings.
Accountabilities & Responsibilities
In line with the Bank’s Transition mandate, the Associate Economist supports the design, appraises and monitors individual investment projects and TCs for their impact on transition and monitors the sector portfolio for transition performance, through engagement with Banking project teams under the guidance and supervision of the more senior team members;
Monitors and assesses reform progress in the assigned sector of the Bank’s countries of operation and contributes to the Country Diagnostics Studies and the Assessment of Transition Qualities;
Contributes in their area of sector expertise to country and sector strategies discussed by the EBRD’s Board of Directors and relevant sub-committees to deliver results in the form of evidence-based improvements;
Provides input into sector reform policy dialogue activities, including TCs, advisory services and reform advocacy;
Performs ad hoc assignments, including background research on specific companies, sectors, or countries’ regulatory and other policy developments; drafting of sector policy notes, briefings and presentations for senior management;
Qualifications & Skills / Experience & Knowledge
A postgraduate degree in economics or related field from a leading university; a PhD in economics or closely related discipline is an advantage;
Demonstrated sector expertise and prior work experience of policy oriented or applied microeconomics, gained for example through full-time employment in a relevant financial or governmental institution, consultancy/company, think tank or academia;
Strong analytical and quantitative skills, including knowledge of Excel. Facility with other database/analytic software (eg Stata; MatLab) and information providers (e.g. Bankscope, Orbis, Bloomberg, FAO stat, WTO tariffs and World Bank WDI) would be an advantage;
Excellent written and oral communication skills in English;
Good interpersonal skills;
Familiarity with the EBRD region of operations and work or study experience in the region is helpful
Knowledge of one or more languages of the region is an advantage.
Diversity is one of the Bank’s core values which are at the heart of everything it does. A diverse workforce with the right knowledge and skills enables connection with our clients, brings pioneering ideas, energy and innovation. The EBRD staff is characterised by its rich diversity of nationalities, cultures and opinions and we aim to sustain and build on this strength. As such, the EBRD seeks to ensure that everyone is treated with respect and given equal opportunities and works in an inclusive environment. The EBRD encourages all qualified candidates who are nationals of the EBRD member countries to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. As an inclusive employer, we promote flexible working
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