Job: Economic Analyst (Financial Institutions)

Location: London 
Deadline: Friday, 18 October 2013 

Description

Economic Analyst (Financial Institutions)

Ref 60012755-1 Country United Kingdom City London Department Office of the Chief Economist Business Unit OCE Closing date for applications 18 October 2013

Role Overview

 

The Office of the Chief Economist (“OCE”) consists of a team of around 50 economists, economic analysts, and support staff. It contributes to the operational, policy and strategy work of the Bank and provides intellectual leadership on the development of market economies in the EBRD’s region of operation, which comprises all countries in Emerging Europe, Russia and Central Asia, Mongolia, and most recently Egypt, Jordan, Morocco and Tunisia. OCE works closely with the Banking Department in structuring, appraising and monitoring investment projects that advance the transition to a market economy. OCE also initiates and participates in Bank policy initiatives, contributes to the development of country and sector strategies and supports the Bank’s operations by monitoring macroeconomic developments and risks. In addition, OCE undertakes economic research, and publishes the EBRD’s Transition Report and other research-based papers and reports.

The Office of the Chief Economist wishes to recruit an analyst, based in the Bank’s London headquarters, to work in the Project and Sector Assessment Pillar. The Analyst  will work in one of the major sectors in which the Bank is active, Financial Institutions (FI), and support a team of sector economists in assessing and monitoring the impact of Bank’s projects in this sector and monitoring structural reform progress in the Bank’s countries of operation.

This role will be offered as a 23 month short term contract.

Key Responsibilities and Deliverables

The Analyst will work under the general direction of the Director for Project and Sector Assessment and report to the Lead FI economist who acts as sector coordinator. Key tasks and responsibilities will include:

• Assisting the financial institutions’ economists , including supporting their relationship with the Banking and Risk Departments during all stages of sector and project work, from project design and assessment to post-signing monitoring;
• Monitoring and assessing structural reform progress in the Bank’s countries of operation and contributing to the annual review of the EBRD sector transition indicators;
• Monitoring the Bank’s FI operations, including some travel to the region;
• Analyzing the impact of Bank projects and operations;
• Ad hoc assignments, including background research on specific banks or sectors, regulatory and other policy developments, drafting of briefings, presentations, and short sector analyses
• Compilation and maintenance of relevant datasets.

Essential Skills, Experience & Qualifications

 

• A Masters’ degree in economics or finance from a leading university (candidates with relevant experience and a strong Bachelor’s degree may be considered in exceptional cases).
• Preference will be given to candidates with relevant work experience of policy oriented or applied microeconomics (e.g at a central bank, regulator or other body overseeing or setting policy for financial services), or in financial services (such as banking or related consultancy services);
• 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

Familiarity with EBRD countries of operations, particularly work or study experience in the region, would be helpful. Knowledge of one or more languages of the region, especially Russian, would be a particular advantage.

Competencies & Personal Attributes

• Good organisational and multi-tasking skills;
• Ability to plan and work unsupervised;
• Ability to work under pressure and meet tight deadlines;
• Excellent interpersonal and team working skills;
• Ability to operate sensitively in multi-cultural environments and build effective working relations with clients and colleagues.

This job description is not limited to the responsibilities listed and the incumbent may be requested to perform other relevant duties as required by business needs.

More Info and Application