| Title: |
Principal Economist |
| Department/Division: |
Strategy and Policy Department (SPD) / Office of the Director General, SPD (SPOD) |
1. IMMEDIATE REPORTING RELATIONSHIPS:
The position reports to:
Director, Special Projects and Performance-Based Allocation (PBA), SPOD
The following staff positions report to the Principal Economist: National Officers and Administrative Staff.
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2. JOB PURPOSE:
Oversee macroeconomic analyses and the preparation of debt sustainability analysis (DSA) for selected countries with access to the Asian Development Fund (ADF) in support of the implementation of the ADF grant framework and ensure their quality. Cooperate with country economists and staff from the International Monetary Fund (IMF) and the World Bank in the preparation of DSAs for all ADF countries. Prepare training programs on DSAs for ADB staff and client country authorities. Liaise with IMF and the World Bank on debt sustainability and debt management issues. Work within a framework of broad policies, principles and goals of the ADB, applying a high degree of autonomy in selection of work methods.
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3. EXPECTED OUTCOMES:
- Debt Sustainability Analysis
- Oversee and represent ADB in DSA related missions to ADF eligible countries.
- Contribute substantially to country economic analyses and the preparation of DSAs in collaboration with country economists and staff of IMF and World Bank.
- Oversee the preparation of DSAs for countries with access to ADF that are not members of IDA.
- Provide advice on quality and policy compliance to Director, Special Projects and PBA, SPOD.
- Widely recognized for demonstrated expertise and substantial achievements in the field of specialization.
- Policy and Strategy
- Oversee the provision of technical support in the review and development of policies related to debt sustainability and debt management in client countries, including the ADF grant framework.
- Oversee the provision of technical support in the implementation of the ADF grant framework, particularly the application of DSA results to determine grant eligibility.
- Contribute new or innovative approaches to policy and operational issues.
- Capacity Development
- Oversee the development and implementation of training programs on DSAs for ADB staff and client country authorities.
- Participate in technical meetings of international financial institutions on DSAs and debt management.
- Staff Supervision
- Create and lead multidisciplinary teams and ensure the overall quality of its work.
- Supervise the performance of teams and individuals providing clear direction and regular monitoring and feedback on performance.
- Provide coaching and mentoring to team and individuals and ensure their on-going learning and development.
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4. CORE COMPETENCIES:
Technical Knowledge and Skills
- Able to lead others to solve complex problems using technical knowledge and skills in macroeconomic and debt sustainability analysis and quantitative techniques in relation to DSAs and debt management in a team leadership role
- Applies a high level of technical expertise in work in preparing DSAs and advising country economists in the preparation of DSAs
- Uses technical expertise to train others in the use of DSA tools
Client Orientation
- Focuses own and other efforts on understanding and meeting client needs of both internal clients (e.g., country economists, strategy and policy specialists, treasury) and external clients (e.g., developing member country or DMC government officials, IDA and IMF staff, non-government organization or NGO advocates of debt sustainability)
- Able to work effectively with clients
- Seeks feedback on the quality of service and makes improvements
Achieving Results
- Ensures own work contributes to achieving organizational results
- Regularly reviews progress to ensure work is on target
- Prioritizes own and others’ work to achieve key results areas
Working Together
- Develops the team skills of team members
- Encourages cooperation within and between teams and promotes the value of diversity in teams, such as in different views, culture, nationality, and gender
- Facilitates conflict resolution within the team
Learning and Knowledge Sharing
- Helps staff to find a variety of ways to learn and develop
- Empowers staff to make improvements
- Encourages the team to learn from each other
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5. KEY RELATIONSHIPS:
| a. Supervisor |
| |
Director, Special Projects and PBA, SPOD |
Work planning, performance feedback,
results assessment, and personal development |
| b. External Clients |
| | |
Participation in DSA preparation and international finance institutions meetings and activities relating to DSA and debt management |
| c. Internal Clients |
| | |
Cooperation, technical support and advice for country economists in preparation of DSAs, review of DSAs, technical support on debt management, monitoring of DSA linkages to country strategies, business plans, and allocation of ADF assistance |
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6. EDUCATION REQUIREMENTS:
A graduate degree in economics or related fields; preferably at Ph.D level or its equivalent
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7. RELEVANT EXPERIENCE AND OTHER REQUIREMENTS:
- Suitability to undertake the responsibilities mentioned above at the required level
- At least 12 years of relevant professional work experience with a strong background in quantitative macroeconomic analysis, preferably with experience in sovereign debt analysis.
- Excellent interpersonal skills and ability to lead teams of professionals
- Excellent oral and written communication skills in English
- International experience working in several developing countries
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8. IMPORTANT INSTRUCTIONS:
Established in 1966 and headquartered in Manila, Philippines, ADB's
multicultural staff come from over 50 member
countries. ADB offers an internationally competitive salary paid
in US dollars. Salaries and benefits are generally free of tax except
for citizens of some countries, primarily the USA and the Philippines,
whose incomes are taxed by their respective governments. While the position
advertised is for the ADB Headquarters in Manila, Philippines, ADB staff
must be prepared to serve in any location outside its Headquarters at
the discretion of Management. Applicants must be nationals of one of
ADB's member countries.
Apply electronically, quoting Ref. No. EXT-PS08-204(2)-SPOD and job
title on subject line and attaching application
form to email address PS-jobs@adb.org
no later than 29 August 2008, 5:00 p.m., Manila time.
Applications from qualified ADB staff will be considered before external applications. If an external candidate is selected, ADB reserves the right to appoint that candidate to a level lower than that advertised.
Gender and cultural diversity is a core recruitment value and
women are actively encouraged to apply.
Due to the volume of applications, ADB will not be able to respond to inquiries about application status and will
only contact shortlisted candidates. Applications lacking the job reference number and job title or using
the wrong e-mail address will not be considered.
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