Research Department – Senior Macroeconomist Consultant

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JOB DESCRIPTION

Post of Duty: Washington D.C.

The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean (LAC). Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.

About this position:

To achieve sustainable and equitable development in the region, the Research Department (RES) generates new ideas to enrich the knowledge base supporting the policy agenda of the Bank and its member countries. To maximize the impact of its research, RES carries out activities that serve as inputs to Bank departments, governments, academia, and public opinion in the region.

The research carried out at RES aims to accomplish two goals. First, RES intends to engage with broader research produced in other policy institutions as well as in academia more generally. To achieve this, RES economists engage in academic research aimed at publication in scientific journals, present papers in seminars and conferences, etc. RES also organizes a seminar series called EconNet, in which leading scholars and economists visit RES to present their research and discuss it with RES economists, as well as other research meetings.

Moreover, the research conducted at RES complements the Bank’s analysis of the economic situation of countries in the Region and supports the review process of assessments of macroeconomic conditions, the preparation of country strategy documents, and various other activities. RES also contributes analytical inputs for the IDB’s annual report, the Latin American and Caribbean Macroeconomic report, and other IDB publications, speeches, and presentations.

The consultant will support the activities related to the broad policy work and research conducted by RES economists, which includes the preparation of presentations and talking points, the review of country documents, preparation of inputs for RES flagship reports and other corporate products, the organization of policy and research events. .

What would you do:

Work with RES researchers and perform the following activities:

Support RES economists in the preparation of the Annual Macroeconomic Report and activities related to its dissemination.
Assist in the organization of RES meetings with different stakeholders, such as the biannual chief economists’ meetings. This includes the preparation of speaker guidelines and logistic support during the events.
Prepare clear, concise, and well-structured briefing materials on key macroeconomic policy issues—such as fiscal policy, monetary policy, economic growth, and trade—addressed by RES economists. These materials will support the Chief Economist, as well as the IDB Presidency and Vice-Presidency, in public and institutional engagements, including speeches and presentations.
Participate in meetings and conversations with different stakeholders about the macroeconomic situation in LAC.
Provide scientific support to the chief economist and other managers with regards to IDB publications, speeches, and presentations, etc.
Collaborate with RES economists involved in the review of country macroeconomic reports, providing comments on the analyses performed by country economists other than the Debt Sustainability Analysis (DSA) and the External Sustainability Analysis (ESA).
Collaborate with RES economists in developing and maintaining macroeconomic databases to be used internally or provided to the general public.
Undertake research activities as directed by members of the Research Department.
Undertake other activities, as necessary, to support the macroeconomic monitoring or research tasks of RES.
Conduct scientific research in broad topics in macroeconomics, such as, but not limited to, international finance, international macroeconomics, macro-finance, banking, macro labor, international trade, and fiscal and monetary policy
Actively participate in the research activities organized by RES, such as the EconNet seminar series, conferences, meeting with seminar speakers, etc

What you’ll need:

Education: PhD degree in economics, finance, or related field is required.
Experience: Minimum of 5 years of post-doctorate experience in related field.
Language: English and either Spanish or Portuguese.

Key skills:

Experience providing research and policy insights to various stakeholders.
Expertise in the areas of macroeconomic assessment of countries.
A key to the consultant success is his/her ability to manage projects, with minimal supervision, in a cross-functional environment that spans a talented team of economists and dissemination experts.
Experience in conducting economic research, mainly by producing scientific papers in the field.
Programming skills in languages such as Stata, Python, R, Matlab, and/or other similar programs.
Experience working with databases and using specialized statistical packages (e.g., STATA, SAS) is required.
Experience with utilization of macroeconomic data for the development of papers, policy briefs, and reports.
Ability to use initiative and work without supervision and to diagnose and resolve technical problems independently or in collaboration with internal and remote team members.
Willingness to learn new technologies and software is a must.
Must be results-oriented with a proven ability to deliver commitments on time and ability to manage multiple projects simultaneously.

Requirements:

Citizenship: You are a citizen of one of our 48-member countries. We may offer assistance with relocation and visa applications for you and your eligible dependents.
Consanguinity: You have no family members (up to the fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab

Type of contract and duration:

Type of contract: International Consultant Full Time.
Length of contract: 6 months
Starting day: March 1^st, 2025
Work location: IDB Headquarters

What we offer:

The IDB group provides benefits that respond to the different needs and moments of an employee’s life. These benefits include:

A competitive compensation packages.
Leaves and vacations: 2 days per month of contract + gender- neutral parental leave.
Health Insurance: the IDB Group provides a monthly allowance for the purchase of health insurance.
Savings plan: The IDB Group cares about your future, depending on the length of the contract, you will receive a monthly savings plan allowance.
We offer assistance with relocation and visa applications for you and your family when it applies.
Hybrid and flexible work schedules.
Development support: We offer learning opportunities to boost your professional profile such as seminars, 1:1 professional counseling, and much more.
Health and wellbeing: Access to our Health Services Center which provides preventive care and health education for all employees.
Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, and others.

Our culture:

At the IDB Group we work so everyone brings their best and authentic selves to work, willing to try new approaches without fear, and where they are accountable and rewarded for their actions.

Diversity, Equity, Inclusion and Belonging (DEIB) are at the center of our organization. We celebrate all dimensions of diversity and encourage women, LGBTQ+ people, persons with disabilities, Afro-descendants, and Indigenous people to apply.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job interview process. If you are a qualified candidate with a disability, please e-mail us at diversity@iadb.org to request reasonable accommodation to complete this application.

Our Human Resources Team reviews carefully every application.

About the IDB Group:

The IDB Group, composed of the Inter-American Development Bank (IDB), IDB Invest, and the IDB Lab offers flexible financing solutions to its member countries to finance economic and social development through lending and grants to public and private entities in Latin America and the Caribbean.

About IDB:

We work to improve lives in Latin America and the Caribbean. Through financial and technical support for countries working to reduce poverty and inequality, we help improve health and education and advance infrastructure. Our aim is to achieve development in a sustainable, climate-friendly way. With a history dating back to 1959, today we are the leading source of development financing for Latin America and the Caribbean. We provide loans, grants, and technical assistance; and we conduct extensive research. We maintain a strong commitment to achieving measurable results and the highest standards of integrity, transparency, and accountability.

Follow us:

https://www.linkedin.com/company/inter-american-development-bank/

https://www.facebook.com/IADB.org

https://twitter.com/the_IDB

Additional Information

External Opening Date: Dec 16, 2024
External Closing Date: Jan 24, 2025
External Contact Email: hrsc@iadb.org
External Contact Name: HR Service Center
Job Field: Technical Support

Level of Education: Bachelor Degree

Work Hours: 8

Experience in Months: No requirements

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