Grade :PL2 Position No. : 50064905 Posting Date:11/06/2024 Closing Date : 12/05/2024 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 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 (2024-2033) and ensure greater developmental impact, five major areas (High 5s) have been identified: energy, agro-business, industrialization, integration and improving the quality of life for the people of Africa.
THE POSITION: The Lead Economist is a key member of the Country Economics Department, reporting substantially to the Senior Director of the Country Economics Department and administratively to Regional Directors Generals. Lead Economists work in close collaboration with internal and external stakeholders, Country Economists, ECVP's management, Sector Complexes' staff and management, and country/regional/global policymakers. The Lead Economist is responsible for coordinating the work of the Country Economists as well as the design and implementation of the Bank's knowledge work program, focusing on generation and dissemination of knowledge work and thought leadership, preparation of country strategy papers and related products, and supporting policy dialogue in the assigned countries.
KEY FUNCTIONS: The Lead Economist will:
Coordinate the work of the Country Economists in the assigned countries, act as focal person between Country Economists and ECCE Management, and provide guidance and leadership to ensure timely and high-quality deliverables. Lead the preparation of knowledge products (Regional/Country Diagnostic Notes, Economic and Sector work, etc.) to inform the design of regional integration strategy papers (RISPs) and country strategy papers (CSPs). Lead the production and dissemination of flagship reports (Regional Economic Outlook reports, Country Focus Reports, etc.) and Country Notes for the African Economic Outlook reports. Provide thought leadership and ensure the Bank is at the forefront of producing economic development knowledge and practice. Develop partnerships with other knowledge departments and ensure the highest level of knowledge is incorporated in the design of Bank strategies and operations. Ensure that the High-5s and knowledge-based solutions are prioritized in country strategy papers and regional integration strategy papers. Contribute to the development and update of the Policy Reform Dialogue Matrix. Lead the application of economic research to the development and review of economic policy solutions tailored to Regional Member Countries. Coordinate the work of Country Economists towards improved harmonization of approaches and standards of quality. Lead the production of country-relevant, timely, analytically sound, and reliable policy advice. Monitor economic conditions and provide policymakers with well-researched insights. Provide advice and guidance on core Bank policies, strategies, and processes. Foster the Bank's position on strategic issues related to inclusive growth and sustainable development. Support the economic and sector work transformation venture across the Bank. Develop partnerships with sister institutions on high-level economic development initiatives. Contribute to knowledge-based dialogue and outreach in the Regional Member Countries. Perform other duties assigned by the Senior Director of the Department. COMPETENCIES (skills, experience, and knowledge): A minimum of Master's degree in Macroeconomics, Development Economics, Econometrics or Applied Economics; a PhD will be an advantage. A minimum of eight (8) years of relevant professional experience in macroeconomic policy analysis and management, applied economics, research, gained within major international organizations. Strong planning and organizational skills, including the ability to think strategically, negotiation skills, and team building skills. Capacity to connect, understand and influence stakeholders at all levels. Ability to handle high-level demands of a complex organization. Proven experience in the coordination of multi-disciplinary teams. Track record of support in macroeconomic modelling and forecasting. Knowledge of public financial management and debt management issues in developing countries is an advantage. Excellent knowledge of international development institutions' policies, guidelines, and procedures. Proven experience in leading policy dialogue with Government bodies. Proven experience in leading/preparing thought leadership pieces and knowledge products. Demonstrated operational experience in a multilateral setting. Competence in the use of at least one standard econometric software for empirical analysis. Communicate and write effectively in English; good working knowledge of French is required. Competence in the use of standard Microsoft Office Suite applications. THIS POSITION IS CLASSIFIED AS INTERNATIONAL RECRUITMENT AND ATTRACTS INTERNATIONAL TERMS AND CONDITIONS OF EMPLOYMENT. Applicants who fully meet the Bank's requirements and are considered for further assessment will be contacted. Applicants should submit a concise Curriculum Vitae (CV) and any additional documents that may be stated as required.
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