European Bank for Reconstruction and Development - Principal Energy Economist

The Economics, Policy and Governance (EPG) Department consists of a team of around 50 economists, political counsellors, analysts and support staff, organised in three main pillars: Sector Economics and Policy (SE&P); Country Economics & Policy (CE&P) and Governance and Political Affairs (GPA). It supports the Bank in increasing its impact through enhancing its operations and policy engagements. EPG does this by supporting and assessing the quality of the Bank’s interventions through economic analysis focused on its projects, by leading and supporting reform engagements in countries of operation (COOs), as well as by providing political and political economy analysis in support of operations and high-level dialogues with the leadership of COO's, which comprises all countries in Emerging Europe and Central Asia, Mongolia, Turkey, Egypt, Jordan, Morocco and Tunisia. It also supports better governance and business environment through a number of targeted products (including Investment Councils and Business Ombudsman institutions) and serves as the Bank’s knowledge hub on economics, policy and governance. EPG also assesses compliance to EBRD Article 1 in the context of country strategies.

The Sector Economics and Policy (SE&P) pillar of the EPG Department is currently seeking to recruit an economist to work with its Energy sector team. The SE&P Energy sector team covers energy and mining sector projects. It also leads or contributes to the key policy dialogue activities of the EBRD in the area of energy policy. Its main work includes project design, appraisal and monitoring; policy advocacy and reform, portfolio management; assessment of progress on energy sector reforms and transition qualities in the EBRD COOs; the development of the sector and country strategies; and managing internal and external relations on energy sector policy issues.

This position is advertised as a full-time regular Principal Economist contract.
Key Responsibilities and Deliverables

The economist will report to the Lead Economist for Energy in SE&P. Key responsibilities and deliverables include:

  • Leading independently policy dialogue assignments in the energy sector and represent EPG and the Bank in policy fora and discussions with policymakers and stakeholders;

  • Monitoring and assessing structural reform progress in the energy sector of the Bank’s COOs; as well as monitoring and assessing key aspects of energy security and the resilience of energy markets in the Bank’s COOs;

  • Designing, appraising and monitoring EBRD investment projects in the energy sector for their impact on transition;

  • Contributing to EPG’s Country Diagnostics Papers, which focus on key obstacles to private sector development in the EBRD COOs, particularly in the energy sector;

  • Helping to drive forward specific energy related Bank products and sector policies, through active contributions to strategy papers covering the energy sectors; and the development and implementation of new Bank products for energy sector clients, and occasional analytical focus pieces on energy sector topics.

  • Ad hoc assignments as requested, including drafting of briefings, presentations, and speeches by the President or other members of senior management, as well as ad-hoc sector policy notes.

Essential Skills, Experience & Qualifications

  • A postgraduate degree in economics from a leading university; a proven energy sector focus and research track record on energy/regulatory issues would be an advantage;

  • Demonstrated energy sector expertise and over 5 years of work experience in the energy sector in either a policy-oriented institution (e.g. regulatory institution of international development institution), or in infrastructure consultancy services;

  • Demonstrated prior experience of conducting policy dialogue on energy sector topics and communicating

  • effectively to policymakers and relevant stakeholders, including international development institutions

  • Strong analytical and quantitative skills;

  • Excellent written and oral communication skills in English, including effective briefing skills;

  • Experience with economic appraisal of energy and mining sector projects would be an advantage;

  • Familiarity with the EBRD region of operations, particularly work or study experience in the region would be an advantage;

  • Knowledge of Russian, French and/or Arabic, or other languages of the region, would be an advantage.

Competencies & Personal Attributes

  • Excellent interpersonal skills and ability to work effectively in a team as well as independently;

  • Ability to plan and organise work unsupervised;

  • Ability to work under pressure and meet tight deadlines;

  • Good organisational and multi-tasking skills;

  • Ability to operate in a multicultural environment and build effective working relationships with internal/external clients and colleagues.

  • Mobility, including relocation assignments to EBRD COOs may be required.

  • This job description is not limited to the responsibilities listed and the incumbent may be requested to perform other relevant duties as required by business needs.

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.