The World Bank is a vital source of financial and technical assistance to developing countries around the world. World Bank mission is to fight poverty with passion and professionalism for lasting results and to help people help themselves and their environment by providing resources, sharing knowledge, building capacity and forging partnerships in the public and private sectors. World Bank is not a bank in the common sense; we are made up of two unique development institutions owned by 187 member countries: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). Each institution plays a different but collaborative role in advancing the vision of inclusive and sustainable globalization. The IBRD aims to reduce poverty in middle-income and creditworthy poorer countries, while IDA focuses on the world's poorest countries. Their work is complemented by that of the International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA) and the International Centre for the Settlement of Investment Disputes(ICSID). Together, we provide low-interest loans, interest-free credits and grants to developing countries for a wide array of purposes that include investments in education, health, public administration, infrastructure, financial and private sector development, agriculture and environmental and natural resource management. The World Bank, established in 1944, is headquartered in Washington, D.C. We have more than 10,000 employees in more than 100 offices worldwide.
World Bank Job Vacancy 2011
Job: 110247
Job Title: Economist
Job Family: Other
Location: Washington, Dc
Appointment: International Hire
Closing Date: 25-Feb-2011
Language Requirements: English [Essential]
Appointment Type
Background / General description
CFRCR manages the credit risk of the IBRD portfolio through an ongoing assessment of the risks associated with IBRD exposure in each member country. To perform this task CFRCR economists and risk analysts rely on internal proprietary macroeconomic and financial models. To this end, the CFRCR Modeling and Data Team is responsible for developing, implementing and maintaining a series of complex models and their interfaces on which the core work of the department depends.
The department is now seeking a well trained and highly motivated individual to play a key role in supporting the ongoing work of the Modeling and Data Team, responding to multiple and complex modeling and data demands and, where appropriate, enhancing existing models and processes in light of evolving departmental requirements and global market trends. The position requires a strong macro-economic or financial background coupled with academic training and some concrete work experience in econometrics and/or financial modeling. The successful applicant will work as a member of the Modeling and Data Team, reporting to Bank’s Chief Credit Officer and Department Director.
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