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Trainees Economic Intern

la EBRD in London, United Kingdom

Economic Intern

Ref: Intern - OCE (tbc)
Country: United Kingdom
City: London
Department: Office of the Chief Economist
Business Unit: OCE
Closing date for applications: 4 December 2012

Information regarding the Bank's Intern Opportunities
Role Overview
This role is offered as an initial six month contract.

The Office of the Chief Economist (OCE) consists of a team of around 50 economists and analysts. It contributes to the operational, policy and strategy work of the Bank and provides intellectual leadership on the economic aspects of transition in the region. OCE works with the Banking Department in structuring, appraising and monitoring investment projects that advance the transition to a market economy. OCE also initiates and participates in Bank policy initiatives, contributes to the development of country and sector strategies, and supports the Bank’s operations by monitoring macroeconomic developments and risks. In addition, OCE undertakes economic research, and publishes the EBRD’s Transition Report.

The Office of the Chief Economist is currently seeking to recruit an intern for six to nine months to work with the financial institutions (FI) team in the Project and Sector Assessment Pillar of OCE. The FI sector covers banks and non-banking financial institutions as well as transactions that support greater access to finance for SMEs and local capital market development.
Key Responsibilities and Deliverables
The intern will work under the general direction of the Director for Project and Sector Assessment.

Responsibilities and deliverables will include:

- Assistance to economists in the FI team during all stages of sector and project work, including assessment and monitoring;

- Sector analysis for financial institutions, non-bank financial institutions, local capital markets, and private equity funds across the Bank’s countries of operation, including but not limited to: analysis of structural reforms and financial regulation, financial deepening, sector restructuring, competition, availability of financial products and services, financial access for underserved segments, and capital market development.

- Ad hoc assignments, including background research on banks and other financial institutions, drafting briefings, presentations and issue analyses.
Essential Skills, Experience & Qualifications
Required qualifications and skills include:

- At least a Master's degree in economics or a related field from a leading university, or equivalent experience. Candidates with a strong relevant degree at the Bachelor's level and economics, finance, or business experience focused on banking/FI will be considered.

- Relevant background in the financial sector; prior work experience and/or research related to the Bank’s countries of operation would be an advantage;

- Strong analytical and quantitative skills, including knowledge of Excel. Facility with other database/analytic software (eg Stata; MatLab) and information providers (e.g. Bankscope, Orbis, Bloomberg) would be an advantage

– Excellent written and oral communication skills in English, ability to assess and monitor developments in the financial sector rapidly and succinctly”?
Familiarity with the EBRD region of operations, particularly work or study experience in the region, and knowledge of one or more languages of the region would be an advantage.
Competencies & Personal Attributes

- Good organisational and multi-tasking skills;

- Ability to work under pressure within a close-knit team with minimal amount of supervision.
- Ability to meet tight deadlines;

- Excellent interpersonal and team working skills;

- Ability to operate sensitively in multi-cultural environments and build effective working relations with clients and colleagues.
Additional Website Text
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.

Source: EBRD jobs

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