fbpx Economics Officer | Asian Development Bank

Economics Officer

IMPORTANT INFORMATION:

Close relatives1 of ADB staff, except spouses of international staff, are not eligible for recruitment and appointment to staff positions. Applicants are expected to disclose if they have any relative/s by consanguinity/blood, by adoption and/or by affinity/marriage presently employed in ADB.

1Close relatives refer to spouse, children, mother, father, brother and sister, niece, nephew, aunt and uncle


Staff on probation are not eligible to apply. Applicants for promotion must have served at their position for at least one year and must have normally served at their personal level for at least two years immediately preceding the date of the vacancy closing date. Applicants for lateral transfer must have served at their position and personal level for at least one year immediately preceding the date of the vacancy closing date (reference A.O. 2.03, paragraphs 5.8 and 5.9).

In the event that the staff appointed to a new category (i.e. from AS to NS, or from NS to IS) is rated at 2 or lower in the first two performance reviews after appointment at the new level, they will return to the level occupied immediately prior to their appointment in the new category.

Overview

Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 68 members, 49 of which are from the Asia and Pacific region. ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. ADB combines finance, knowledge, and partnerships to fulfill its expanded vision under its Strategy 2030.

ADB only hires nationals of its 68 members.

The position is assigned in the Macroeconomic Research Division (ERMR) within the Economic Research and Regional Cooperation Department (ERCD), which undertakes a range of policy research and capacity building work to foster economic and social development in the Asia Pacific region. ERMR leads the annual flagship publication Asian Development Outlook (ADO) and its Update, monitors regional economies and capital markets, develops tools for better macroeconomic monitoring and forecasting, and spearheads policy-relevant research on macroeconomic topics. During this COVID-19 pandemic it has spearheaded ADB efforts to assess the economic impact of COVID-19 on ADB's developing member countries (DMCs).

To view ADB Organizational Chart, please click here.

Job Purpose

To provide technical support for the economic research work of the division and department, including monitoring and analyzing the economic impact of the COVID-19 pandemic on ADB DMCs. Beyond COVID-19, support wil be provided for the flagship Asian Development Outlook (ADO), through quantitative economic research/analysis, economic database management, technical assistance (TA) processing and administration, and administrative work. The incumbent will report to designated International Staff (IS) and senior National Staff (NS).

Responsibilities

a) Economic Research Work

Contributes and assists in preparation of technical economic research including: monitoring and analyzing the economic impact of the COVID-19 pandemic on ADB DMCs; and the Asian Development Outlook (ADO), its Update, and the Supplements, technical assistance-funded research projects, and ad hoc economic studies. Working independently, analyzes economic data using statistical software and pursues self-directed and coauthored research work, Such work includes data collection, database management, statistical analysis, and data presentation; review and analysis of related economic literature; and clear, logical presentation of ideas and empirical results. Prepares supporting materials for dissemination of research work and provides research support in the preparation of various briefing notes for Management and data requests from other departments.

b) Flagship Publications

Facilitates the development and dissemination of ADO, its Update, and the Supplements. Supports the preparation of ADO country chapters, global and regional outlook, and theme chapter. Coordinates preparation of data, tables/charts, and check country chapters for consistency. Prepares regional summaries. Supports briefings to Management and the Board on ADO and related issues.

c) Technical Assistance Activities

Assists in planning, processing, and implementing research and development and advisory TA projects from conceptualization to completion, by drafting concept papers and TA reports; preparing cost estimates; selecting/evaluating consultants; regularly monitoring TA budgets; arranging conferences and workshops under the TA; communicating and liaising with consultants, cooperating agencies, and other ADB departments/offices; assisting the processing of TA study outputs for publication; and preparing TA completion reports as may be assigned by international staff.

d) Database Management

Maintains computer-based information systems and programs for economic analysis and econometric modeling by determining information requirements, coordinating with data sources and users, and generating output reports. This includes data collection, database management, advanced analytics—including data mining and exploration, machine learning, deep learning, big data analytics, and data visualization—when possible.

e) Others

Undertakes administrative work relating to budget preparation, ad hoc research, and other assignments as may be assigned by immediate supervisor and reflected in the incumbent's work plan.

Qualifications

Relevant Experience & Requirements

  • Bachelor's degree in Economics, Statistics or Data Science with specialized training in econometrics; preferably with a Master's degree and with advanced training
  • At least 8 years work experience in related field, with some experience in economic research.
  • Good knowledge and understanding of macroeconomics, economic policy issues, and development trends in the region.
  • Good knowledge and understanding of official statistics, applied statistical/econometric techniques, and other related analytical tool
  • In-depth knowledge and understanding of the research process.
  • A high level of analytical and conceptual skills.
  • Excellent skills in oral and written English, preferably with demonstrated economic research writing ability.
  • Proficiency in using spreadsheets, statistical/econometric software (particularly Stata/Eviews and Matlab), database applications, and knowledge in implementing automated routines.
  • Knowledge of Python, R, Stata, APIs, and other business intelligence and analytical tools an advantage;
  • Able to guide Administrative Staff (AS) to facilitate work planning, delivery and quality review
  • Able to work collaboratively with teams as a constructive team member.
  • Please refer to the link for ADB Competency Framework for NS 2

General Considerations

The selected candidate, if new to ADB, is appointed for an initial term of 3 years.

ADB offers competitive remuneration and a comprehensive benefits package. Actual appointment salary will be based on ADB's standards and computation, taking into account the selected individual's qualifications and experience.

ADB seeks to ensure that everyone is treated with respect and given equal opportunities to work in an inclusive environment. ADB encourages all qualified candidates to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. Women are highly encouraged to apply.

Please note that the actual level and salary will be based on qualifications of the selected candidate.