Back Principal Economist, Impact, Sustainable Infrastructure (SIG)

Requisition ID 28347 Office Country United Kingdom Office City London Division Policy and Partnerships Contract Type Regular Contract Length

Purpose of Job

The Principal Economist for Impact, SIG, is part of the Impact department and plays a core role in implementing the Bank’s mandate to promote transition in the EBRD’s countries of operations. Working in close cooperation with the Banking department and other Bank groups, the post holder implements the Bank’s transition impact architecture in sustainable infrastructure, with a focus on energy and mining projects. In coordination with the Analytics & Results team in the Impact department, the post holder assists in running an integrated system of ex-ante assessment, monitoring, self-evaluation and knowledge management to maximise the impact of the Bank’s activities and ensure a compelling and credible communication of that impact.

Accountabilities and Responsibilities

• In line with the Bank’s Transition mandate, appraises and monitors investment projects and Technical Cooperation assignments for their impact on transition and monitors the energy and mining sector portfolio for transition performance;
• Part of the team responsible for the delivery of the weekly project review for the Operations Committee and other project and sector related committees, such as Small Business and Equity Committee.
• Accountable in their area of sector responsibility -focus on energy and mining projects- for ex ante transition ratings (called ETI) and ex post monitoring of transition impact (called PTI) benchmarks, covering projects in different committees, and their transition-related technical cooperation dossiers, including policy activities.
• Contributes to the assessment of sector transition gaps for the annual Assessment of Transition Qualities, with a focus on energy security and resilience of energy markets, as well as decarbonisation agenda of the energy sector in EBRD countries;
• Responsible for associated input into management briefing for Board and other Committee meetings, including Board Directors Questions (DAQs) responses and, on occasion, bespoke papers, presentations or other inputs;
• Provides support to the Associate Director(s), Impact, SIG, on sector as well as cross-cutting issues, like the development of the transition impact methodology, analytical reports towards better communication on the Sustainable Development Goals and the global development agenda;
• In coordination with the Analytics & Results team in the Impact department, assists in designing and running an integrated system of ex-ante assessment, monitoring, self-evaluation and knowledge management to maximise the impact of the Bank’s activities and ensure a compelling and credible communication of that impact.
• On occasion represents the Bank at sector/impact level and contributes technical input to relevant fora (conferences, dialogues with International Financial Institution counterparts, think tanks, etc.) to develop and spread best practices;
• May be directly accountable for the engagement and effective overall management of staff including recruitment, compensation (as agreed with the Head of Department, if applicable), performance management, coaching and development;
• Champion and role model the Bank’s Behavioural Competencies and Corporate Behaviours, ensuring adherence within the team(s) so that the highest standards of integrity and ethical conduct are exhibited at all times.

  Knowledge, Skills, Experience & Qualifications

  📚 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝗛𝗼𝘄 𝘁𝗼 𝗚𝗲𝘁 𝗮 𝗝𝗼𝗯 𝗶𝗻 𝘁𝗵𝗲 𝗨𝗡 𝗶𝗻 𝟮𝟬𝟮𝟯! 🌍🤝 𝗥𝗲𝗮𝗱 𝗼𝘂𝗿 𝗡𝗘𝗪 𝗥𝗲𝗰𝗿𝘂𝗶𝘁𝗺𝗲𝗻𝘁 𝗚𝘂𝗶𝗱𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗨𝗡 𝟮𝟬𝟮𝟯 𝘄𝗶𝘁𝗵 𝘁𝗲𝘀𝘁 𝘀𝗮𝗺𝗽𝗹𝗲𝘀 𝗳𝗼𝗿 𝗨𝗡𝗛𝗖𝗥, 𝗪𝗙𝗣, 𝗨𝗡𝗜𝗖𝗘𝗙, 𝗨𝗡𝗗𝗦𝗦, 𝗨𝗡𝗙𝗣𝗔, 𝗜𝗢𝗠 𝗮𝗻𝗱 𝗼𝘁𝗵𝗲𝗿𝘀! 🌐

  ⚠️ 𝐂𝐡𝐚𝐧𝐠𝐞 𝐘𝐨𝐮𝐫 𝐋𝐢𝐟𝐞 𝐍𝐨𝐰: 𝐏𝐨𝐰𝐞𝐫𝐟𝐮𝐥 𝐓𝐞𝐜𝐡𝐧𝐢𝐪𝐮𝐞𝐬 𝐡𝐨𝐰 𝐭𝐨 𝐠𝐞𝐭 𝐚 𝐣𝐨𝐛 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐍𝐚𝐭𝐢𝐨𝐧𝐬 𝐍𝐎𝐖!

  • A postgraduate degree in economics or related field from a leading university. A PhD in economics or closely related discipline is an advantage;
  • Demonstrated energy sector knowledge and over 5 years of work experience in the energy sector gained through full-time employment in a relevant energy company, government institution, consultancy, think tank, international organisation or academia. Expertise on energy markets structure and/or non-renewable energy investments is a strong advantage;
  • Experience in project design and appraisal, knowledge of Impact assessment principles, SDGs and ESG;
  • Proven analytical and quantitative skills;
  • An ability to understand credit analysis of investment projects;
  • Strong interpersonal skills;
  • Ability to operate in a multicultural environment and build effective working relationships with internal/external clients and colleagues;
  • Excellent written and oral communication skills in English at the standard required for a professional publication, official documents and official representation; knowledge of Russian and/or French and/or Arabic is an advantage;
  • Familiarity with the EBRD region of operations and work or study experience in the region is an advantage.

    What is it like to work at the EBRD?

    Our agile and innovative approach is what makes life at the EBRD a unique experience! You will be part of a pioneering and diverse international organisation, and use your talents to make a real difference to people's lives and help shape the future of the regions we invest in.

    The EBRD environment provides you with:

    • Varied, stimulating and engaging work that gives you an opportunity to interact with a wide range of experts in the financial, political, public and private sectors across the regions we invest in;
    • A working culture that embraces inclusion and celebrates diversity;
    • An environment that places sustainability, equality and digital transformation at the heart of what we do.

      Diversity is one of the Bank’s core values which are at the heart of everything it does. A diverse workforce with the right knowledge and skills enables connection with our clients, brings pioneering ideas, energy and innovation. The EBRD staff is characterised by its rich diversity of nationalities, cultures and opinions and we aim to sustain and build on this strength. As such, the EBRD seeks to ensure that everyone is treated with respect and given equal opportunities and works in an inclusive environment. The EBRD encourages all qualified candidates who are nationals of the EBRD member countries to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. As an inclusive employer, we promote flexible working.