Job description
Research Analyst
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 in developing countries. In fiscal year 2022, IFC committed a record $32.8 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org
The CDI Department is offering a position for the unit working the TMT, Disruptive Technologies and Funds industry group (CDIDF). The Research Analyst will support the different facets of the department’s work program. This involves leading the implementation of the IFC impact measurement end-to-end system, including the AIMM framework, the monitoring and the ex-post evaluation work, as well as contributing to sector economics and econometric analytical work pertaining to the disruptive technology and funds sectors. S/he will work closely with economists within the team, as well as regional and IFC support department counterparts. S/he will also participate in a range of other corporate functions within CDI.
Role & Responsibilities:
- Help articulate and measure the development and economic impact of the disruptive technology (DT) industries (e.g., start-ups across several verticals); TMT (Telecoms Media and Technology) industries; and Funds industries (private equity, venture capital).
- The work will include working with IFC’s Investment Officers to collect and analyze project data, apply the appropriate frameworks based on data and research, create narratives that support the articulation of project impacts, and rate projects.
- Support advisory services including by assessing CDF’s advisory projects’ development impact performance against objectives and targets defined ex-ante
- Implement the monitoring system for both investments and advisory projects and better report on projects development outcomes in IFC business lines. Support XPSRs and other assessment activities.
- Undertake quantitative economic research, including data collection, processing, and analysis, on a variety of economic topics relevant for the TMT, Funds and DT sectors.
- Prepare advanced analytics tools, including visualization tools, using IT software packages such as R, PowerBI, Excel.
- Monitor and analyze data and other trends and developments in the relevant sectors on the global and country level and producing reports with a focus on challenges, priorities, and opportunities for market creation and private sector development in the sector.
- Assist in developing research plans, methodology, data needs, and define resources needed to carry out economic research and analysis programs of relevance to IFC’s operations.
- Support the design and implementation of projects and programs’ evaluation.
Selection Criteria
- Master’s degree in Economics or comparable discipline from a reputable university with solid training in quantitative and qualitative research methods
- At least 3 years of relevant experience as an applied economist (i.e. in a non-academic context) in the private sector or Development Finance Institutions is required;
- Strong quantitative and data analysis skills and proven experience in designing and managing complex databases; and ability to interpret basic output from statistical and econometric and other quantitative research tools. In-depth knowledge of R, PowerBI, Excel and Stata is required.
- Some experience and knowledge of TMT, Venture Capital and Private Equity and Venture Investing business models is preferred, including an understanding of key industry and sector literature, sector development impact, metrics and databases.
- Experience in the measurement of development impacts of private sector investment projects in emerging markets is a bonus – along with knowledge of common development impact measurement frameworks; knowledge and application of IFC’s AIMM system is a plus.
- Strong understanding of micro-economic concepts and principles – and knowledge of its application to emerging markets.
- Excellent written and verbal communications in English and ability to communicate effectively with relevant stakeholders.
- Proven capability to handle complex assignments and produce work to a high professional standard.
- Ability to collaborate within teams and across boundaries, giving own perspective and willingly receives diverse perspectives.
World Bank Group Core Competencies
The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.
We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.
Learn more about working at the World Bank and IFC, including our values and inspiring stories.
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