International, Commonwealth and Improvement Workplace (Coverage & Political roles)
Coverage
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.
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Speaking and Influencing, Making Efficient Choices, Managing a High quality Service, Working Collectively
24 April 2024
Grade 7 (G7)
Fastened Time period
35 hours
24 months
Africa
Nigeria
Abuja
British Excessive Fee
1
USD 4,885.77 per thirty days
3 June 2024
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]).
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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