Economist - Results Measurement

Job #:
req30345
Organization:
IFC
Sector:
Economics
Grade:
GF
Term Duration:
3 years 0 months
Recruitment Type:
International Recruitment
Location:
Washington, DC,United States
Required Language(s):
English
Preferred Language(s):

Closing Date:
11/25/2024 (MM/DD/YYYY) at 11:59pm UTC

Description

IFC - a member of the World Bank Group - is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet. For more information, visit www.ifc.org.

The Development Impact Measurement Department (CDI) within the Economics and Private Sector Vice Presidency (CEDVP) analyzes economic sectors with a view to identifying opportunities and solutions for private sector development and works closely with IFC Operations. It provides technical support to operations related to structuring, appraising, and monitoring investment and advisory projects and is responsible for reporting on IFC’s impact. The department oversees the development and implementation of the IFC’s development impact assessment framework (Anticipated Impact Measurement and Monitoring- AIMM) for its investments, help ensure high-quality economic support for IFC operations teams on strategies and projects; and develop sector economic analyses with a focus on solutions for private sector development.

CDI staff comprise mainly sector economists and results measurement specialists assigned to units organized along IFC industry groupings. These include units for Financial Institutions (CDIFI); Infrastructure (CDIIN); Manufacturing, Agribusiness, and Services (CDIMA); and Funds and Disruptive Technology team (CDIDF).

In addition, the department also a cross-cutting Impact Reporting unit (CDIIR) that includes RM Specialists and Economists supporting corporate reporting initiatives and deliverables, supporting operational teams working on impact reporting on cross- advisory services, sustainability. The unit coordinates and provides technical support to the Department’s impact evaluation programs and is the interface for IFC on impact with the WB and MIGA and external stakeholders. In short, the department offers an end-to-end" support and impact assessments for IFC investments and advisory services, engaging upstream and downstream throughout the project cycle.

The Department is looking for an Economist to work in the cross-cutting Impact Reporting Team (CDIIR). The economist will strengthen the measurement, analysis and reporting of development impact results for IFC’s Investment services (IS) and Advisory services (AS) operations.

Role & Responsibilities

Undertake analytics on ex-ante and ex-post development impact based on AIMM data and beyond:
• Conduct econometric and qualitative analysis of ex-ante and ex-post AIMM scores and produce quarterly and annual reports explaining the differences between regions and IFC industries and identifying key drivers of trends to support articulation of anticipated and achieved impact results.
• Initiate, design, and execute analytical work on the impact of IFC’s investment and advisory projects based on rigorous applied economics in collaboration with CDI industry and advisory teams to inform sector strategies and operational decisions.
• Support data analysis on trends impact and prepare short write-ups or slides utilizing graphics and tables to effectively and creatively summarize results, and emerging messages.
• Support the coordination of data collection on AIMM terminal assessments and related analysis of the drivers of successes and failures, building on XPSRs and light-touch XPSR-equivalent analysis of project results.
• Support all corporate reporting on AIMM, including periodic reporting for Regional and Industry teams etc. This includes the development of the Development Impact Report for CDI, or other reporting on impact more broadly.

Support implementation of the AIMM IT system, and policies and procedures for AIMM reporting:
• Proactively support the methodological improvements on the AIMM system, and implement continuous improvements of AIMM Nav, the IT platform.
• Coordinate indicator rationalization efforts in AIMM sector frameworks and manage exemption requests for custom indicators in AIMM Nav in close collaboration with CDI industry teams.
• Provide necessary guidelines and tipsheets to support the development of sector frameworks and manage the process of updating frameworks that inform the assessment of the development impact of investment projects.
• Support the team to validate the data and undertake adequate quality assurance tasks for reporting on AIMM indicators by implementing regular quality checks to ensure the quality and integrity of AIMM data working closely with AIMM champions network in CDI and beyond.
• Work with external assurance provider for the annual audit process, and effectively address questions and comments raised by external auditors.

Support the reporting of development results for key investors on specific programs:
• Support the results measurement agenda - proposal development and development impact reporting - for investor-oriented programs including AMC, Syndications and TRE programs such as MCPP, etc.
• Identify and address processes and methods for consistent reporting across these programs, building on the improvements to the AIMM indicators and Corporate Scorecard metrics.

Training and Knowledge Sharing
• Coordinate all the training for operational staff and management on AIMM, in collaboration with the CDI Leadership team and economists.
• Update tipsheets, training decks, internal notes, guidance notes and presentations on all aspects of AIMM and support training delivery.
• Effectively respond to demand-based data requests and analysis for the purposes of impact measurement and evaluation such as country/sector strategy updates, regional updates etc.
• Perform other tasks as requested by CDIIR manager, as they emerge from business needs.

Selection Criteria

• A master’s degree in economics/finance/quantitative analysis or other relevant postgraduate degree.
• At least 5-7 years of experience demonstrating rigorous analytical skills in economics and development results measurement as it relates to private sector operations and/or development.
• Proven capability to handle complex assignments applying statistical, ec