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Chief Research Economist - Macroeconomic Modelling and Forecasting

African Development Bank Economics logo

African Development Bank
Abidjan - Cote D'ivoire
S: Competitive

THE BANK:

Established in 1964, the African Development Bank is the premier pan-African development institution, promoting economic growth and social progress across the continent. There are 81 member states, including 54 in Africa (Regional Member Countries). The Bank's development agenda is delivering the financial and technical support for transformative projects that will significantly reduce poverty through inclusive and sustainable economic growth. In order to sharply focus the objectives of the Ten Year Strategy (2013 – 2022) and ensure greater developmental impact, five major areas (High 5s), all of which will accelerate our delivery for Africa, have been identified, namely: energy, agro-business, industrialization, integration and improving the quality of life for the people of Africa. The Bank is seeking to build a management team that will lead the successful implementation of this vision.

THE COMPLEX:

The Chief Economist/Vice-President for Economic Governance and Knowledge Management is the Bank's spokesperson on economic matters and the VP for the Economic Governance and Knowledge Management Complex. The Complex is responsible for (i) providing leadership and visibility for the Bank on economic, finance, financial governance and socio economic development issues; and coordinate the generation of analytical work to inform the Bank's operational engagement and policy dialogue; (ii) systematically emphasize the critical role of knowledge, experience, lessons learnt and their tangible impact on sustainable, inclusive transformation of African economies.

THE HIRING DEPARTMENT/DIVISION:

The Macroeconomics Policy, Forecasting And Research Department is dedicated to the generation of high quality knowledge in the area of development in Africa. It provides technical support to operations and regional member countries through rigorous analytical work; engages in impactful policy dialogue with decision-making bodies within and outside of the Bank; and most importantly enhance the operational effectiveness of the Bank in achieving the High 5s. The activities of the department are structured around the Macroeconomic Policy, Debt Sustainability and Forecasting on one side, and the Microeconomics, Institutional and Development Impact on the other.

The Macroeconomic Policy, Debt Sustainability and Forecasting Division is responsible for the following, inter alia: (i) Conducting policy research and debt sustainability analysis in order to improve the Bank's macroeconomic surveillance and understanding of sovereign debt risk profile and the policy tools that Regional Member Countries can deploy to contain debt distress; (ii) Conducting macroeconomic analysis, modelling and forecasting to inform decisions made by the Bank's the Regional Member Countries; (iii) Providing cutting edge analytical support to Senior Management through timely and rigorous economic intelligence work; (iv) Collaborating with partner institutions; research think tanks and universities, both within and outside Africa, in order to deepen analytical capacity and broaden the scope and outreach of the Bank's research work and (vi) Leading the production and dissemination of all the Bank's flagship publications and other knowledge products on Africa's emerging macroeconomic and development issues and on the Bank's High 5s priority areas.

THE POSITION:

The Chief Research Economist–Macroeconomic Modelling and Forecasting, is responsible for leading research work focusing on macroeconomic issues that are relevant for the Bank's regional member countries and its operational engagement, including research on the Bank's High 5 agenda. The role involves the construction of macroeconomic models and conducting debt sustainability analysis to improve the Bank's modelling portfolio for evidenced based and enhanced policy dialogue in the Regional Member and improving macroeconomic analytical content of its operations.

COMPETENCIES (skills, experience and knowledge):

Hold a minimum of a Master's degree in Economics, Economic modelling, Macroeconomics; Development Macroeconomics, or any relevant field.
A PhD in economics is a strong advantage.
Have a minimum of seven (7) years of professional experience in development policy research and analysis with focus on Africa or low-income countries.
Working experience in macroeconomic modelling and macroeconomic research is a strong advantage.
Strong publications record in reputable peer review journals.
Having experience in international financial institutions will be an added advantage.
Extensive practical knowledge of advanced econometric methods and ability to handle, process and analyze large time series datasets using packages such as Matlab, R, Stata, and Eviews.
Ability to lead the identification of appropriate methods and techniques to conduct cutting edge empirical research and present the results.
Capacity to come up with innovative research ideas and techniques to improve research outcomes.
Willingness to learn and take advice from the supervisor and peers.
Capacity to work independently and meet tight deadlines.
Communicate and write effectively in French or English, with a good working knowledge of the other language.
Competence in the use of standard software: Word, Excel, PowerPoint, etc.

Job summary

Employer:

African Development Bank

Location:

Abidjan, Cote D'ivoire

Education:

PhD/Doctorate

Sector:

Economist

Salary:

Competitive

Job Type:

Permanent

Hours:

Full-Time

Posted:

12th October 2021

Apply By:

27th October 2021

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