Job Title: Research Assistant
Department: Sector Economics and Development Impact Department
Appointment Type: non fee STT (intern)
Location: Washington, DC (remote work possible)
Contact email: firstname.lastname@example.org
Background / General description:
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with 2,000 businesses worldwide, we use our six decades of experience to create opportunity where it’s needed most. In FY18, our long-term investments in developing countries rose to nearly $23 billion, leveraging our capital, expertise and influence to help the private sector end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org
The Economics and Private Sector Development Vice Presidency (CEDVP) is responsible for identifying and delivering on private sector diagnostic needs, drawing on resources across the WBG, to grow IFC’s capacity to deliver Country Private Sector Diagnostics (CPSDs), and present private sector perspectives in Systematic Country Diagnostics or Country Partnership Frameworks (SCD/CPF) and country strategies; developing rigorous sector economic analyses and an ex-ante project assessment framework to help guide project selection, complementing our expertise in supporting and monitoring project implementation; as well as identifying and strategically driving policy engagements that create and grow new markets for the private sector. The CEDVP also encompasses teams working on global macroeconomic analyses and prospects as well as the team in charge of gender mainstreaming in IFC. The Vice Presidency is also home to two additional operational teams and content providers focusing on Blended Finance and Climate Businesses.
The Sector Economics and Development Impact Department (CSE), part of the Economics & Private Sector Development Vice Presidency, analyzes economic sectors with a view to identifying opportunities and solutions for private sector development, and works closely with IFC Operations in formulating sector priorities and strategies. It is expected to provide 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 is in charge of fully developing and implementing the ex-ante project assessment framework (Anticipated Impact Measurement and Monitoring- AIMM) for investment and advisory projects throughout the project cycle, 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.
CSE is the largest department in the Economics and Private Sector Development Vice Presidency, with approximately 80 staff, comprised of mainly sector economists and results measurement specialists assigned currently to fully integrated units organized along IFC industry groupings. These include: CSE unit for Financial Institutions Group (CSEFI); CSE unit for Infrastructure and Natural Resources (CSEIN); and CSE unit for Manufacturing, Agribusiness, and Services (CSEMA); and CSE unit for Disruptive Technology and Funds (CSEDF). For each unit, the sector economists are embedded in the respective industry groups to ensure they play a connective tissue role. Still, they are an integral part of CSE and report to CSE managers. The department also includes two additional teams in charge of economic modeling, research and analytics (CSEIM) composed of economists and analysts, and the CSE unit for Results Measurement and Corporate Reporting (CSECR) that supports all industry groups. 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 selected STT will support research and evidence/data collection efforts across different markets in developing economies. The main objective of this work is to collect and maintain information about the structure, functioning and practices in markets across (selected) sectors and countries of operation for IFC, which will be used for ex-ante and ex-post development impact assessments as well as upstream and strategy operational work within IFC.
Role and Responsibilities
– Assist with market data and evidence gathering across relevant countries and sectors. Carry out extensive desk research and possibly consultations with relevant sector experts.
– Gather information and data on markets relevant for specific projects in the IFC portfolio that are coming up for market monitoring as well as projects in the pipeline coming up for ex-ante development impact analysis purposes, under the IFC’s AIMM framework.
– Research, input and analyze data and information in comprehensive databases. Specifically, in FY22, collect data on Capital Markets for the assigned portfolio of countries, carefully sourcing and cross-referencing all the datapoints.
– Contribute to developing a network of experts across covered sectors.
– Assist with documenting results and producing communication pieces about data/evidence on selected markets.
– Assist with analytical work and research outputs as needed.
– In pursuit of a master’s degree in economics, public policy, business or a closely related field. An MBA degree/coursework is a plus.
– Experience with data/evidence collection, market research and/or market assessment work is desired.
– Good understanding of private sector development in Emerging Markets. Ability to analyze and compare the functioning of specific economic sectors across countries.
– Proven strong analytical skills, especially Excel.
– Demonstrate basic understanding of issues relevant to economic development.
– Demonstrate awareness of a variety of development impact assessment tools and frameworks and able to conduct basic project impact analysis.
– Ability to manipulate, document and present economic or other data as input to broader analytical work. Has strong data gathering, cleaning and management skills.
– Strong team player, with the ability to work collaboratively in a team environment.
– Excellent oral and written communication skills in English are essential.
Interested candidates are encouraged to send a CV and a Cover Letter to Valentina Saltane – email@example.com A written assignment might be administered as part of the selection process.
The internship is unpaid and to qualify candidates must receive either a university stiped or academic credit for the internship. Remote internship arrangement is possible. Internship commitment is from September 6, 2021 to December 10, 2021.