Senior Economist, Climate Finance & Loss & Damage

World Bank Group; Washington (District of Columbia); On-site; USD 140,000 - 200,000; Full time

Job summary

World Bank Group seeks a Senior Economist to lead fiduciary and financial matters across the FRLD pipeline and portfolio. The role develops policies, frameworks and methodologies for diverse financial instruments and provides strategic advice to the Secretariat.

Collaboration with the PACE team and wider Secretariat is essential. The Senior Economist will report to the Program Manager of the PACE team and will engage with other divisions to advance funding modalities, risk management and country

Qualifications

• Advanced degree in economics or finance with focus on development/climate finance.
• Minimum 8 years’ experience in international or regional financial institutions.
• Proven ability to draft complex technical and operational papers.
• Experience designing tailored financial instruments and grant/non‑grant instruments.

Responsibilities

• Lead fiduciary reviews of funding requests and related reports.
• Develop methodologies for fiduciary review, monitoring and reporting.
• Quality assure fiduciary and risk sections of Secretariat reports for Board submission.
• Manage direct budget support modalities and new financial instruments.
• Lead analytical work on economic and financial matters related to loss and damage.

Skills

Drafting

Analytical skills

Communication

Coordination

Time management

Attention to detail

Policy analysis

Education

Master’s degree in international economics/finance

8+ years development finance experience

Job description

World Bank Group seeks a Senior Economist to lead fiduciary and financial matters across the FRLD pipeline and portfolio. The role develops policies, frameworks and methodologies for diverse financial instruments and provides strategic advice to the Secretariat.

Collaboration with the PACE team and wider Secretariat is essential. The Senior Economist will report to the Program Manager of the PACE team and will engage with other divisions to advance funding modalities, risk management and country