Research Department. Senior Macroeconomic Consultant

 What you’ll do:

• Work with RES researchers and perform the following activities:
• Provide expert advice and technical support to country economists in the implementation of IDB’s proprietary Debt and External Sustainability templates that are currently used for macroeconomic assessments.
• Keep the IDB templates up-to-date and make changes or adjustments to the programming of the templates as needed (programming codes are in visual basic VBA).
• Provide regular training for template users from within the IDB and external users on demand.
• Collaborate with RES macroeconomists involved in the review of country macroeconomic reports, checking the consistency and accuracy of the analyses performed by country economists based on the Debt and External Sustainability templates and the methodologies related to monetary and financial issues.
• Support RES to keep a centralized database with the data used in the country reports and from other sources and create technical reports for senior economists and management. 
• Support other efforts of RES to provide data relevant to the reports, including but not limited to Bloomberg, and the confidential IMF World Economic Outlook (WEO) database. 
• Deliver weekly reports with updated market and macroeconomic data of IDB’s countries and core world economies.
• Undertake research activities as directed by the supervisor or by other senior members of the Research Department’s Macroeconomic Team in support of RES’s and, particularly, of the Macroeconomics group’s research agenda. 
• Undertake other activities, as necessary, to support the macroeconomic monitoring or research tasks of RES. 

What you'll need:

• Education: Master’s degree in economics, finance, or related field is required. 
• Experience: Minimum of 8 years of experience in related field. 
• Language: English and Spanish

 Key skills: 

•  Learn continuously.
• Collaborate and share knowledge.
• Focus on clients.
• Communicate and influence.
• Innovate and try new things.

 Desirable Skills:

• Must be results-oriented with a proven ability to deliver commitments on time and ability to manage multiple projects simultaneously.  
• 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. 
• 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.
• Experience providing training courses and conducting research in related fields is desirable.

Technical Skills:

• Experience working with large databases and using specialized statistical packages (e.g., STATA, SAS) is required. 
• Experience conducting economic research.
• Expertise in the areas of macroeconomic assessment of countries, debt and external sustainability analyses, open economy macroeconomics.
• Experience working with large databases and using specialized statistical.
• Expertise in the areas of macroeconomic assessment of countries, debt and external sustainability analyses, open economy macroeconomics.
• At least two years of experience managing/using analytical tools for macroeconomic analysis (Bloomberg and Haver).
• Proven programming skills in Visual Basic (VBA); Matlab; Stata and/or other similar programs.
• Experience with macroeconomic data on fiscal and external sector (WEO, Balance of Payments and International Investment Position).

Requirements:

• Citizenship: You are a citizen of one of our 48-member countries. 
• 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: 18 months.
• Work Location: On Site.

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.

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