Okay, here’s a breakdown of the job description, geared towards helping someone prepare to apply or understand the role. I’ll cover key aspects, skills sought, and what kind of person would likely thrive in this position.
Job Title: Economist (Macroeconomics)
Organization: asian Infrastructure Investment Bank (AIIB)
Overall Summary:
The AIIB is a relatively new (founded 2016) but rapidly growing multilateral development bank focused on infrastructure investment in Asia and beyond. They are financially strong (USD 100 billion capitalization, AAA rated) and emphasize “green, technology-enabled, and regionally connected” infrastructure. The Economics Department plays a crucial role in informing the bank’s investment decisions through economic analysis and thought leadership. This specific role is for an Economist specializing in Macroeconomics, supporting the bank’s activities with research, analysis, and reporting on economic conditions.
Key Responsibilities (Broken Down):
* Economic Monitoring & Reporting: Regularly track and report on economic developments at the country,regional,and global levels. This is a core, ongoing task.
* Research & Analysis: Conduct in-depth economic research on topics like macroeconomics, development finance, infrastructure, and related issues. This can be independent work or as part of a team.
* Publication & Dissemination: Contribute to the creation and publication of AIIB’s analytical reports (including their flagship publication, Asian Infrastructure Finance).
* Support for Senior Management: Prepare briefing materials (talking points,speeches) for senior leaders on economic and infrastructure topics. This requires concise,clear communication of complex facts.
* Event Organization: Help organize workshops, seminars, and roundtables.
* Project Support: Conduct cost-benefit analyses,review projects,and provide othre analytical support for specific infrastructure projects.
* Collaboration: Work with other departments within AIIB on various projects.
* Stakeholder Engagement: Work with both internal teams and external stakeholders (consultants, think tanks) to advance the department’s goals.
Key Requirements (Broken Down):
* Experience (5-8 years): Significant professional experience in a reputable international organization, financial institution, or research institution. experience in infrastructure/development economics or country analysis is highly valued.
* Macroeconomic Expertise: A strong foundation in macroeconomics is essential. Specifically, they mention:
* Macro-analysis
* Debt sustainability
* Macro-fiscal and macro-financial linkages
* Understanding of key economic statistics (national accounts, trade, industrial production)
* Interest in global issues (climate change, biodiversity)
* Country Assessment Experience: Experience assessing country macroeconomic policies, ideally within a financial institution, credit rating agency, or international organization. Familiarity with the IMF and World Bank is a plus.
* Technical Skills: Proficiency in statistical software and data analysis. (e.g., Stata, R, Python, EViews, etc.)
* Soft Skills:
* Integrity and accountability
* Adaptability and ability to work under pressure
* Intellectual curiosity and a willingness to learn
* Teamwork, communication skills (written and verbal), and a proactive attitude.
* Education: Master’s degree in Economics (or equivalent). A PhD in a relevant field can substitute for some work experience.
What kind of person would be a good fit?
* Analytical & Detail-Oriented: This role requires a strong ability to analyze complex data and draw meaningful conclusions.
* Communicator: You need to be able to explain economic concepts clearly and concisely,both in writing and verbally,to both technical and non-technical audiences.
* proactive & Independent: The job description emphasizes a proactive attitude and the ability to work independently, as well as in teams.
* Globally minded: A genuine interest in global economic issues, particularly those related to Asia and development, is vital.
* Passionate about Infrastructure: AIIB’s mission is focused on infrastructure, so a genuine interest in this area would be beneficial.
* Adaptable: AIIB is a growing organization, so the ability to adapt to changing priorities and a dynamic surroundings is crucial.
important Notes from the Job Posting:
* Diversity & Inclusion: AIIB is actively seeking a diverse workforce.
* Grade & Title: The final grade and job title will depend on your experience and qualifications.
* Closing Date: Pay attention to the closing date (11:59 p.m. GMT+8).
* Merit-Based: Selection is based on a competitive, merit-based process.
To prepare for an application:
* Highlight relevant experience: Focus on projects and experiences that demonstrate your macroeconomic analysis skills, country assessment abilities, and experience with development finance or infrastructure.
* Showcase technical skills: Be prepared to discuss the statistical software you’re proficient in and how you’ve used it.
* Prepare examples: Think of specific examples that demonstrate your soft skills (e.g., teamwork, communication, problem-solving).
* Research AIIB: familiarize yourself with AIIB’s projects, priorities, and publications
