Extended Term Consultant, Beijing, China

Organization: The World Bank

Country: China

City: Beijing

Office: World Bank in Beijing, China

Closing date: Wednesday, 25 May 2022

E T Consultant

Job #: req17565

Organization: World Bank

Sector: Economics

Grade: EC1

Term Duration: 1 year 0 months

Recruitment Type: Local Recruitment

Location: Beijing,China

Required Language(s): English/Chinese

Preferred Language(s): Closing Date: 5/25/2022 (MM/DD/YYYY) at 11:59pm UTC


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, visit www.worldbank.org

Global practice for macroeconomics, trade, and investment

The MTI Team in China is responsible for macro-economic analysis, policy dialogue, technical advice and capacity building support in the areas of macro-economic and fiscal reforms, at both national and state level! In addition to its regular economic monitoring mandate, we manage a rich program consisting of policy-based financing operations, and large, complex programmatic analytic work programs, which include the delivery of analytical and advisory products as well as technical assistance and training activities. These tasks are cross-sectoral in nature and integral to the policy dialogue of the country program.

The selected candidate is expected to make substantial contributions to analytical and operational work! The staff member will report to the MTI Practice Manager covering East Asia.

Duties and Accountabilities

Responsibilities include monitoring and assessment of macroeconomic developments in China and assisting in the preparation and supervision of MTI’s work program in China. The selected candidate will work closely with the Senior Economist and Lead Economist for China to perform the following activities:

Monitor developments in the economy, research and analyze relevant economic, financial and sector issues;
Maintain macroeconomic database and regularly prepare updated medium-term macroeconomic projections.

Use/run econometric models using existing software packages, or Bank’s own models;
Collect and analyze data as well as participate in exchange of information with the government, private sector officials and other international financial institutions;
Provide substantive inputs to a variety of country economist tasks such as weekly macroeconomic updates, semi-annual China Economic Update, the Macro Poverty Outlook (MPO) and regular macroeconomic monitoring;
Prepare briefs and analytical notes, and contribute to the writing of sections in analytical reports, in particular for the semi-annual China Economic Updates;
Work independently, seeking guidance and instruction on new, unusual or complex assignments;
Develop and maintain active engagement with other development partners and local think tanks and researchers.

Selection Criteria

Minimum of a master’s degree in Economics with at least 2 years of relevant work experience;
Proven sense of initiative, results orientation, and effective teamwork skills;
Strong communication skills in English, including the ability to speak persuasively and to present ideas clearly and concisely;
Excellent presentation skills, both verbally and written.

A high degree of self-motivation, positive attitude and drive.

A thorough understanding of macroeconomics and interlinkages between the various macroeconomic accounts;
Proficiency in basic econometric and statistical analysis and relevant software packages (STATA, E-views, or other statistical packages and MS Office programs, including Excel). Familiarity with data solutions (CEIC, WIND, Bloomberg, etc.) is a plus;
Skills to conceptualize, conduct economic analyses and derive policy-relevant findings;
Ability to translate technical analyses of macroeconomic, debt, trade, fiscal policy, and growth into policy recommendations and cross-country lessons;
Ability to communicate and argue orally and in writing complex ideas and positions to colleagues and management.

World Bank Group Core Competencies

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, ethnicity, sexual orientation, or disability.

Learn more about working at the World Bank and IFC, including our values and inspiring stories.

Note: The selected candidate will be offered a one-year appointment, renewable for an additional one year, at the discretion of the World Bank Group, and subject to a lifetime maximum ET Appointment of two years. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Former and current ET staff who have completed all or any portion of their second-year ET appointment are not eligible for future ET appointments.

Link to the organization’s job posting: https://unjobs.org/vacancies/1652373690490