Economic Affairs Officer, P3

Economic Affairs Officer, P3

UNECA - United Nations Economic Commission for Africa

Addis Ababa, Ethiopia

Org. Setting and Reporting

This post is located in the Innovative Finance & Capital Market Section, Private Sector Development and Finance Division (PSDFD) of the Economic Commission for Africa in Addis Ababa, Ethiopia. Under the direct supervision of the Chief of Innovative Finance & Capital Market Section (IFCMS), the incumbent is responsible for the following duties:

Responsibilities

Within delegated authority, the duties of an Economic Affairs Officer are likely to fall mainly into one of the three functional areas identified below. (These duties are generic may not be carried out by all Economic Affairs Officers.)

Economic or sector analysis

  • Develops socio-economic databases and qualitative information on current issues related to the initiatives and activities of the Innovative Finance and Capital Market Section including assessment of markets, investment opportunities and the competitiveness of African countries, and policies and regulations for developing and deepening capital markets;
  • Interprets, applies and, as necessary, adapts economic and financial intelligence tools to determine market trends, patterns and relationships and to analyse the effects of innovative finance and impact investment;
  • Drafts specified inputs for technical papers and analytical studies on selected global, regional, national or sector aspects of private sector development and financial deepening;
  • Identifies and analyses policy proposals and initiatives that deepen and expand national and regional capital markets, including those that promote domestic debt and equity markets and increase private sector engagement in areas such as infrastructure, housing and real sector financing;
  • Represents UNECA in international, regional, and national meetings to collect information on innovative finance and capital markets related issues and to hold discussions with colleagues in other institutions;
  • Assists in the organization and servicing of expert group meetings, seminars, etc. on development issues;
  • Prepares speeches and other inputs for presentations by senior staff.

Intergovernmental support

  • Prepares inputs for reports to intergovernmental bodies; national, regional and global financial and non-financial institutions, regional commissions, Economic and Social Council;
  • Follows intergovernmental meetings and investors forums and prepares summary reports;
  • Prepares inputs to statements by members of the Division/Section and Secretariat senior staff to such meetings;
  • Assists in the organization of panels, round tables etc. on private sector development, innovative finance and capital markets issues for intergovernmental processes.

Technical cooperation

  • Assist the Innovative Finance and Capital Markets Section (IFCMS) team and other sections of the Private Sector Development and Finance Division (PSDFD) in mobilizing internal and partner resources (extra-budgetary resources, grants, and joint-funded activities) to finance non-recurrent activities of the sections of PSDFD and overall ECA engagement with private sector;
  • Participates in missions on development issues, usually as a member of a team;
  • Organizes training seminars for national experts;
  • Prepares documentation for technical cooperation programmes and projects;
  • Contributes to the preparation of material for the approval of regional, country or sector technical cooperation projects;
  • Monitors, backstops and assesses the implementation of technical cooperation programmes and projects.

General

  • Performs other related duties as required, including a variety of administrative tasks necessary for the final delivery of the work unit’s services;
  • Undertakes on-the-job and other training activities, both internally and externally.

Work implies frequent interaction with the following

  • Colleagues and senior staff within immediate work unit and peers in the broader organizational unit;
  • Middle level officials of UN agencies, regional and global development banks and other international organizations;
  • Government officials, private sector, academics and other members of civil society.

Competencies

  • Professionalism: Ability to apply economic and financial theories and concepts in different sectors of economic and sustainable development. Ability to conduct independent research on economic and finance topics, determine suitability, validity and accuracy of data provided by different sources. Demonstrate strong skills in gathering data from various sources and analyse it. Shows pride in work and in achievements; demonstrates professional competence and mastery of subject matter; is conscientious and efficient in meeting commitments, observing deadlines and achieving results; is motivated by professional rather than personal concerns; shows persistence when faced with difficult problems or challenges; remains calm in stressful situations. Communication: Speaks and writes clearly and effectively; listens to others, correctly interprets messages from others and responds appropriately; asks questions to clarify, and exhibits interest in having two-way communication; tailors language, tone, style and format to match audience; demonstrates openness in sharing information and keeping people informed;
  • Teamwork: Works collaboratively with colleagues to achieve organizational goals; solicits input by genuinely valuing others’ ideas and expertise; is willing to learn from others; places team agenda before personal agenda; supports and acts in accordance with final group decision, even when such decisions may not entirely reflect own position; shares credit for team accomplishments and accepts joint responsibility for team shortcomings. Takes responsibility for incorporating gender perspectives and ensuring the equal participation of women and men in all areas of work;
  • Planning & Organizing: Develops clear goals that are consistent with agreed strategies; identifies priority activities and assignments; adjusts priorities as required; allocates appropriate amount of time and resources for completing work; foresees risks and allows for contingencies when planning; monitors and adjusts plans and actions as necessary; uses time efficiently.

Education

  • An advanced university degree (Master’s degree or Doctorate) in economics, finance, trade or related field. A first-level university degree in combination with qualifying experience may be accepted in lieu of the advanced university degree.

Work Experience

  • A minimum of five years of progressively responsible experience in economic and financial research and analysis, policy formulation, application of economic principles in development programmes or related area. Previous exposure to working with private sector and/or financial institutions, and developing financial instruments (e.g. bonds, equities, and guarantees), investment policies and regulatory processes is an advantage.

Languages

  • Fluency in one of the working languages of the UN Secretariat, English or French, (both oral and written) is required; knowledge of the other is desirable. Knowledge of another UN official language is an advantage.

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© EuroJobsites 2019

EuroJobsites is a UK registered company number: 4694396 VAT number: GB 880 9055 04

Registered address: EuroJobsites Ltd, Unit 8, Kingsmill Business Park, Kingston Upon Thames, London, KT1 3GZ, United Kingdom

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