British High Commission

The British Authorities is an inclusive and diversity-friendly employer. We worth distinction, promote equality and problem discrimination, enhancing our organisational functionality. We welcome and encourage functions from individuals of all backgrounds. We don’t discriminate on the idea of incapacity, race, color, ethnicity, gender identification, faith, sexual orientation, age, veteran standing or different class protected by legislation. We promote family-friendly versatile working alternatives, the place operational and safety wants permit.

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Job Class
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International, Commonwealth and Improvement Workplace (Coverage & Political roles)

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Job Subcategory
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Coverage

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Job Description (Roles and Duties)
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Foremost function of job:

Nigeria is without doubt one of the most vital nations for the UK in Africa and residential to one in every of FCDO’s largest growth portfolios. Nigeria’s financial system has monumental potential to create wealth, elevate residing requirements, enhance growth indicators and elevate tens of millions of individuals out of poverty. However the nation can also be grappling with critical challenges akin to excessive inflation, battle, demography and local weather change.

Assembly the UK’s priorities in Nigeria requires prime class financial recommendation on points together with financial stability and development, funding and commerce, infrastructure and repair supply, local weather change and safety. Particularly, the UK seeks to help Nigeria to revive macroeconomic stability and lay the idea for sustained and inclusive development.

FCDO Nigeria requires an skilled economist to hitch its Financial Improvement group supporting the UK’s work in Nigeria. Nation-based economists are important for FCDO’s work attributable to their financial technical experience, their information of Nigeria’s financial system and its establishments, and their skill to develop sturdy networks amongst authorities, companies, financial analysts and others.

In addition to working with FCDO economists in Nigeria and throughout FCDO’s world community, you’ll work carefully with individuals bringing different experience and expertise, akin to local weather and pure useful resource specialists, political and governance specialists, training advisers, humanitarian specialists, programme managers, procurement groups and so forth.

Roles and obligations:

On this function you can be accountable for the next vary of duties:

Assessing Nigeria’s financial insurance policies and efficiency and offering recommendation to others in FCDON based mostly in your evaluation
Endeavor unique financial evaluation helpful for FCDON e.g. of financial, fiscal and exterior insurance policies and structural reforms (together with utilizing your quantitative abilities)
Reviewing, assessing and distilling stories by others on Nigeria’s financial insurance policies and efficiency (by authorities establishments, IMF, WB, AfDB, NESG, banks, analysts)
Managing FCDO tasks that help Nigerian establishments with their financial and growth goals
Participating independently with the Nigerian authorities at a senior stage, with companies, thinktanks and civil society our bodies to debate a variety of home and worldwide financial points
Liaising and coordinating for the UK with different donors/worldwide companions on their evaluation, help and engagement in Nigeria
Creating and sustaining efficient networks in authorities, non-public sector and so on that assist FCDON maintain well-informed on financial developments.

You’ll undertake these duties in help of numerous sector or thematic goals. The precise function will rely upon the strengths of the profitable candidate and FCDO enterprise wants, however will embrace substantive management and/or financial recommendation in among the following areas:

Macroeconomic reform together with fiscal and financial insurance policies and change charge reforms
Financial development and transformation, tax income coverage and administration, public monetary administration, oil and fuel sectors, infrastructure, together with power, energy and transport
Commerce coverage, the enterprise surroundings, monetary sector, expertise, agriculture and local weather
Mission appraisal and VfM evaluation of growth insurance policies and programmes
Impression of insurance policies or financial shocks on girls, youth, disabled individuals, poor and susceptible

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Important {qualifications}, abilities and expertise
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Fluency in written and spoken English.
Glorious financial abilities and a observe document of delivering high-quality, impactful and well timed financial evaluation that shapes and influences coverage.
Robust analytical abilities, feeling assured in utilizing information, drawing policy-relevant conclusions, and in supporting others to take action.
Robust communication abilities, with the power to obviously clarify financial ideas to non-specialist audiences and establish the implications for coverage.
2:1 undergraduate diploma with at the very least 50% of economics within the last two years, or a submit graduate diploma, or a Grasp’s diploma in economics
A minimal of three years’ expertise working in financial roles

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Required behaviours
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Speaking and Influencing, Making Efficient Choices, Managing a High quality Service, Working Collectively

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Utility deadline
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24 April 2024

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Grade
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Grade 7 (G7)

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Kind of Place
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Fastened Time period

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Working hours per week
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35 hours

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Length of Put up
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24 months

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Area
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Africa

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Nation/Territory
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Nigeria

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Location (Metropolis)
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Abuja

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Kind of Put up
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British Excessive Fee

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Variety of vacancies
1

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Wage
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USD 4,885.77 per thirty days

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Begin Date
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3 June 2024

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Different advantages and circumstances of employment
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The recruitment course of will assess candidates towards the UK Authorities Financial Service Technical Competency Framework. The 5 competences are summarised under. For extra data on every competency please check with the GES Technical Competency Framework web site (web site handle under[1]).

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1106128/Economists_Technical_Competency_Framework_September_2022.odt

Macro Economics: With the ability to perceive and clarify the financial system as a complete together with: development measurement, traits, drivers, and diagnostics; inflation and change charges; fiscal and financial coverage; monetary sector and debt sustainability; change charges and authorities regulation (e.g. labour, local weather).

Micro Economics: With the ability to perceive and clarify the behaviour of corporations or households together with: the significance of decisions and incentives; demand and provide evaluation; competitors; market or sector evaluation; behavioural economics; the rationale for presidency intervention and core challenge appraisal abilities (see The Inexperienced Guide)

Worldwide economics: With the ability to perceive and clarify the interplay with the worldwide financial system together with: steadiness of funds; worldwide and regional commerce; worldwide help, remittances, monetary flows and debt; migration; worldwide and regional monetary establishments and regulation.

Efficient Communication of Economics: With the ability to successfully talk the relevance and affect of financial concepts, orally and visually, to colleagues and stakeholders of various backgrounds. Construct efficient working relationships with coverage colleagues and different specialists to construct mutual understanding of tips on how to work collectively. Perceive how wider political financial system contexts affect coverage response.

Evaluation of Information: With the ability to analyse, clarify and use information sources to provide proof for informing coverage recommendation. This consists of: sourcing information units; working with financial fashions; transparently presenting assumptions; guaranteeing dangers and sensitivities are assessed and thoroughly deciphering output information.

Studying and growth alternatives:

You’ll be part of a vibrant group of over 350 economists with sources and instruments to help your studying and growth together with the Financial Masters Apprenticeship Programme in addition to seminars, conferences and different fora to help your profession in FCDO overseen by a Head of Career.

Employees throughout the Nigeria community are anticipated to make applicable time for all L&D actions guided by ’70/20/10′, the place 70% of studying is on the job, 20% is structured studying i.e. with a coach, and 10% is thru formal programs. By planning your growth on this manner, you can be enjoying your half to construct the educational tradition of the FCDO and are embodying our key organisational values of: Taking Accountability, Working Collectively and Encouraging Innovation.

Investing within the L&D of our individuals is vital to FCDO delivering on its priorities and targets, embedding new methods of working, and contributing to wider Authorities Reform. L&D helps strengthen group and worker functionality, efficiency, and behaviours. It helps our worker’s engagement, motivation, and their profession growth. It underpins our skill to be taught, innovate and constantly enhance.

L&D covers a variety of actions, most finished within the circulation of labor – together with taking up new duties, suggestions, peer studying and reflection, teaching, networking, shadowing, mentoring, e-learning, analysis, movies, conferences, and extra formal programs. It requires dedication, time, and for some interventions, cash.

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Further data
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Please test your utility rigorously earlier than you submit, as no adjustments could be made as soon as submitted.
Staff recruited regionally by the British Excessive Fee in Abuja are topic to Phrases and Situations of Service in accordance with native employment legislation in Nigeria.
All candidates have to be legally capable of work and reside within the nation of the emptiness with the right visa/work allow standing or exhibit eligibility to acquire the related allow.
The duty lies on the profitable candidate to;

Get hold of the related allow
Pay charges for the allow
Make preparations to relocate
Meet the prices to relocation

Staff who are usually not liable to pay native earnings tax on their Mission wage might have their salaries diminished by the equal native earnings tax quantity.
Details about the Civil Service Success Profiles could be discovered on this hyperlink: https://www.gov.uk/government/publications/success-profiles
Reference checking and safety clearances can be performed on profitable candidates.
The British Excessive Fee will by no means request any fee or charges to use for a place.
Appointable candidates who have been unsuccessful could also be positioned on a ‘reserve checklist’. If in the course of the reserve interval of 6 months the identical or a largely related function turns into obtainable, that function could also be provided to the second or subsequent candidate”.

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Please remember that you’ll solely be capable of apply to vacancies for Nation Based mostly Employees roles with the British Authorities via this official tal.web web site (operated by Oleeo). Jobs could also be marketed on third occasion web sites, nonetheless our adverts will at all times hyperlink again to the official tal.web web site. When you full and ship an utility via some other web site, we won’t obtain it.

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To use please copy and paste this hyperlink: https://fco.tal.web/vx/appcentre-ext/candidate/jobboard/emptiness/1/adv/
To assist us observe our recruitment effort, please specify on the appliance kind/point out in your cowl letter the place (globalvacancies.org) you noticed this job posting.

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