Research Analyst

World Bank, Chennai, India

Skill Required:, Research and Analysis
Preferred Experience: 
2 years of relevant work experience
Closing Date for Applications: 
17th July, 2020


Job Description

Description

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. 

The Development Finance Vice-Presidency (DFi) is responsible for the management and monitoring of policies, procedures and resources for the World Bank’s development financing vehicles. DFi sets the policy framework for the World Bank Group’s development finance by engaging in strategic resource mobilization, playing an intermediation role to help align the needs of recipients, WBG institutional priorities, and priorities of funding partners, through a variety of funding instruments. These include the International Development Association (IDA), the World Bank’s fund for the poorest, the International Bank for Reconstruction and Development (IBRD), and Trust Funds, including Financial Intermediary Funds (FIFs).

Given the nature and variety of this portfolio, DFi works closely with the Managing Director, Operations Office, Executive Directors, WBG senior management, corporate and operations units across the WBG, funding partners and government officials. The Forward Look exercise and Maximizing Finance for Development (the Cascade approach) present opportunities to further strengthen the Bank Group approach to development finance. As such, DFi is structured to provide the institution with a more holistic approach to financing, financial policy, and strategic fundraising across IDA, IBRD, and Bank/IFC trust funds and partnerships.

Within DFI, Corporate IDA and IBRD (DFCII) is responsible for the replenishment and stewardship of IDA, the Bank’s principal facility for providing highly concessional resources to the world’s poorest countries, as well as for supporting senior managers and the WBG Board in IBRD’s financial management by recommending policies and strategies related to IBRD medium-term financial and capital planning, overall balance sheet management, and annual decisions on loan terms and income allocation. DFCII is the institutional focal point for the IDA replenishment process and most recently shepherded the IDA19 replenishment process to a successful conclusion as the highest replenishment ever at $82 billion. Set against increased debt risks in IDA countries, DA19 strengthened the IDA toolkit to address debt vulnerabilities through the endorsement of the Sustainable Debt Financing Policy (SDFP). DFCII monitors the implementation of the IDA policy mandates within the Bank, undertakes a significant policy research agenda, and participates in review activities at the country and institutional levels. In addition, DFCII manages the allocation of IDA resources (both volumes and terms) to eligible countries as per IDA priorities and maintains policy dialogue with donors. Working closely with OPCS, Regions, and Global Practices, it takes the lead in preparing IDA replenishment papers which form the basis for policy discussions with IDA’s contributing countries.

DFCII consists of two units, the IBRD-IDA Corporate Finance unit and the IDA Strategy and Operations unit. DFCII is looking for a Research Analyst to join the IDA Strategy and Operations unit, which is responsible for the operational aspects of IDA, including development of policies for the allocation of IDA resources, implementation of IDA’s operational policies, the allocation of IDA resources, the Sustainable Finance Debt Policy Secretariat and the Private Sector Window Secretariat. The unit is also in charge of developing and undertaking a research program on IDA’s long-term strategic agenda, including to catalyze IDA resources towards delivering on the WBG goals and the 2030 development agenda. The Strategy and Operations Unit is made up of a diverse, experienced, and motivated team of economists, finance and development specialists.

Roles & Responsibility:

The Research Analyst is expected to assist in the IDA team’s data analytic function. The Analyst will report to the IDA Strategy and Operations Manager and provide substantive research and analytical contributions to the work of the IDA team. The Analyst will participate in the monitoring of IDA19 implementation, as well as heavy data analytic to help the team design potential new policies for future replenishments. Main accountabilities will include both the conduct of analytical work as well as the provision of operational support. Specific tasks include:

Analytical work:

  • conduct basic statistical analysis and prepare graphics for inclusion in reports;
  • assist in improving data analytic including data collection, validation, and system development for rapid analysis;
  • Prepare and maintain documentation to facilitate the development of the database and analytics;
  • attend meetings and provide follow up as necessary with key sources/ units providing input;
  • conduct necessary data analysis;
  • undertake independent research and analysis as required;
  • contribute to the technical and research work for the IDA unit; and
  • draft policy briefs, analytical reports and working papers.

Support to operational work:

  • write routine reports and briefs required in managing IDA windows and IDA operations;
  • in collaboration with more senor colleagues, drafting of technical notes;
  • and provide signals to management when portfolio/ program goes off track.

Selection Criteria

In addition to the Bank-wide criteria listed below, the successful candidate for this position should have demonstrated superior technical skills, a capacity to operate successfully across GPs, VPUs, with other WBG institutions and with other development partners, and first-rate interpersonal skills. The incumbent must be able to interact effectively with senior management, senior officials of contributing governments, and with senior members of client countries and external partners.

Other selection criteria include:

  • Master’s degree in a relevant discipline (e.g. economics, management, business administration, social sciences, technical studies, or another field related to development) preferred.
  • A minimum of two years of relevant work experience. Experience in World Bank operational procedures would be a plus.
  • Strong analytical and conceptual skills; demonstrated ability to conduct statistical analysis
  • High proficiency in Excel is required. Strong quantitative skills in R or STATA, and Tableau will be extremely helpful.
  • Ability to interpret and present related statistical information and good knowledge of the principal sources and retrieval systems of economic and social development data.
  • Strong oral and written communication skills in English. Other languages a plus.
  • Strong organizational, research/analytical and presentation skills;
  • Excellent interpersonal skills and ability to effectively and diplomatically interact with internal and external partners at all levels;
  • Proven ability and willingness to work as part of a team in a multicultural environment;
  • High degree of self-motivation; proven ability to work under minimum supervision and to follow through on work assignments;
  • Ability to work effectively under pressure and to juggle multiple tasks within tight deadlines.

Competencies:

  • General Development Knowledge and Analytical Skills: Demonstrates knowledge of cross-country information and the ability to link the macro, institutional, and micro-level behaviors; able to support findings/policy recommendations with credible analysis and tools.
  • Drive for Results: Takes personal ownership and accountability to meet deadlines and achieve agreed-upon results and has the personal organization to do so.
  • Collaborate Within Teams and Across Boundaries – initiates collaboration beyond the team.
  • Create, Apply and Share Knowledge – Proactively and regularly shares knowledge.
  • Make Smart Decisions – Identifies information needed to support decisions.
  • Business Judgment and Analytical Decision Making: Analyzes facts and data to support sound, logical decisions regarding own and others' work.

Country and Operations Services Competencies:

Internal and External Stakeholder Engagement

  • Has basic knowledge of WBG Clients (MICs, LICs, FCS, etc.).
  • Understands basic issues/priorities in the GP/country or CMU vis a vis the Client as well as other key stakeholders.
  • Demonstrates ability to conduct research and prepare contributions to country strategy/GP strategic or operational frameworks and/or associated briefings and communications, as well as to follow up on issues as needed
  • Demonstrates ability to contribute to the organization and preparation of high-level events (i.e., materials and logistics)
  • Drafts concise and quality meeting minutes or other records of proceedings

Bank Instruments, Policies, and Procedures, and Ability to Proactively Apply Them

  • Basic understanding of project cycle for all types of projects, i.e. lending, non- lending operations and country products.
  • Knowledge of Bank financial instruments and operational policies and procedures.
  • An ability to provide research and basic analytical support to task/country teams at various stages of project cycle.

Operational Knowledge Sharing

  • Ability to assist in developing and organizing the delivery of learning and knowledge dissemination programs.
  • Excellent written and oral communications skills in English; proficiency in one or more additional languages highly desirable. Ability to work effectively in a small team environment critical.

WB Operations Competencies

Integrative Skills

  • Demonstrates basic understanding of different facets of operations and linkages with Bank Group priorities.

Policy Dialogue Skills

  • Demonstrates basic understanding of policy issues and priorities of client and other key stakeholders.

Knowledge and Experience In Development Arena

  • Has basic knowledge of World Bank Group organizational structure and its goals (IBRD, IDA, IFC, MIGA, and ICSID).
  • Has basic understanding of policy making process and the role of own sector of expertise in that process.
  • Has basic understanding of Bank’s development initiatives and policies and practices related to lending and non-lending operations.
  • Conducts information/ data research under senior staff guidance.

Communication & Influencing Skills

  • Delivers information effectively in support of team or work group.
  • Has excellent writing ability.

Poverty has no borders, neither does excellence. We succeed because of our differences and we continuously search for qualified individuals with diverse backgrounds from around the globe.

Source:https://worldbankgroup.csod.com/ats/careersite/JobDetails.aspx?id=7967&site=1


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