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Economist (Commodity Market Analyst)

Remote | FAO

  • Organization: FAO - Food and Agriculture Organization of the United Nations
  • Location: Remote | FAO
  • Grade: Consultancy - Consultant - Contractors Agreement
  • Occupational Groups:
    • Economics
    • Communication and Public Information
    • Sustainable trade and development
    • Sales and Marketing
    • Marketing (Digital, Advertisement, Brand, Promotion)
  • Closing Date: 2024-06-04

CALL FOR EXPRESSIONS OF INTEREST - VACANCY ANNOUNCEMENT\:

IMPORTANT NOTICE\: Please note that Closure Date and Time displayed above are based on date and time settings of your personal device

  • FAO is committed to achieving workforce diversity in terms of gender, nationality, background and culture.
  • Qualified female applicants, qualified nationals of non-and under-represented Members and person with disabilities are encouraged to apply;
  • Everyone who works for FAO is required to adhere to the highest standards of integrity and professional conduct, and to uphold FAO's values
  • FAO, as a Specialized Agency of the United Nations, has a zero-tolerance policy for conduct that is incompatible with its status, objectives and mandate, including sexual exploitation and abuse, sexual harassment, abuse of authority and discrimination  
  • All selected candidates will undergo rigorous reference and background checks
  • All applications will be treated with the strictest confidentiality

Organizational Setting

The Food and Agriculture Organization of the United Nations (FAO) contributes to the achievement of the 2030 Agenda through the FAO Strategic Framework by supporting the transformation to MORE efficient, inclusive, resilient and sustainable agrifood systems, for better production, better nutrition, a better environment, and a better life, leaving no one behind.

The Markets and Trade Division (EST) monitors and analyses developments and trends in international, regional and national agricultural commodity markets and the factors affecting them, collecting and disseminating up-to-date and comprehensive market and policy information for the major traded commodities and those important to food security. It also undertakes forward-looking outlook studies. The Division analyses issues that affect global food and agricultural markets and trade, including analysis of trade policies and agreements, and provides technical support and capacity development to FAO Members in all these areas. Through its Global Information and Early Warning System on Food and Agriculture (GIEWS), the Division is responsible for FAO's early warnings on food shortfalls and food security problems. EST is also responsible for the production of FAO flagship publication The State of Agricultural Commodity Markets (SOCO) and the OECD-FAO Agricultural Outlook. The Division houses the secretariats of the Committee on Commodity Problems (CCP) and its subsidiary Intergovernmental Groups (IGGs), the G20 Agricultural Market Information System (AMIS) and the World Banana Forum (WBF).

The position is located in the Food and Agricultural Market Analysis (FAMA) Team. The call for expression of interest aims at identifying highly qualified and motivated candidates for the EST divisional roster to support the FAMA team and the broader Division in carrying out quantitative analyses on selected issues regarding the agrifood markets.

Reporting Lines

The incumbent reports to the responsible Senior Economist in EST.

Technical Focus

The incumbent will contribute to the analytical work on commodity markets and trade, through quantitative analyses and/or policy support services. Interested candidates should possess a good knowledge and understanding of agricultural commodity markets and be acquainted with relevant macroeconomic and policy developments influencing their global dynamics, such as exchange rates, energy prices, input markets and trade policies. She/he is also expected to be familiar with the main analytical methods and tools used for the analysis of price trends, market drivers, policy developments, and commodity market projections.

Tasks and responsibilities

• Develop, expand, and/or maintain databases on macroeconomic aggregates, agricultural commodity markets, and trade, including data on production, consumption, trade flows, stocks and prices.
• Conduct analysis of commodity markets as well as any relevant policy developments, especially those affecting global prices and price volatility.
• Undertake relevant research work on agricultural commodity markets by using state-of-the-art quantitative methods and tools to analyse trends, drivers, and projections of prices and other market fundamentals.
• Contribute to the drafting and preparation of studies and technical products (reports, papers, technical notes, and policy briefs) to support the Team/Division in disseminating the results of the analytical work on agricultural commodity markets and trade and related issues.
• Support the Team in organizing and servicing the meetings of the Intergovernmental Groups (IGGs) for the commodities covered by EST Division.
• Performs other tasks and duties, as required.


CANDIDATES WILL BE ASSESSED AGAINST THE FOLLOWING


Minimum Requirements

• Advanced university degree (PhD, MS or equivalent) in Economics, Development Economics, Agricultural Economics, International Trade, Data Sciences, or related field.
• Minimum three years of relevant experience in the areas listed above.
• Working knowledge (proficient - level C) of English and limited knowledge (intermediate - level B) of another FAO official language (Arabic, Chinese, French, Russian or Spanish). For PSA, working knowledge of English.

FAO Core Competencies

• Results Focus
• Teamwork
• Communication
• Building Effective Relationships
• Knowledge Sharing and Continuous Improvement

Technical/Functional Skills

• Academic/professional background in economics, with a strong foundation in empirical macroeconomics and quantitative analysis.
• Extent and relevance of experience in commodity market analysis and economic research, including the use of statistical and econometric methods to perform advanced time series, panel and/or cross-sectional analyses.
• Experience in programming using R, STATA, Python or other relevant programming languages.
• Extent and relevance of experience in the development and management of databases using macroeconomic data.
• Proven excellent communication skills, both verbal and writing.
• A good publication record would be an asset.

Please note that all candidates should adhere to FAO Values of Commitment to FAO, Respect for All and Integrity and Transparency

ADDITIONAL INFORMATION

  • FAO does not charge any fee at any stage of the recruitment process (application, interview, processing)
  • Please note that FAO will only consider academic credentials or degrees obtained from an educational institution recognized in the IAU/UNESCO list
  • Please note that FAO only considers higher educational qualifications obtained from an institution accredited/recognized in the World Higher Education Database (WHED), a list updated by the International Association of Universities (IAU) / United Nations Educational, Scientific and Cultural Organization (UNESCO). The list can be accessed at http\://www.whed.net/
  • For more information, visit the FAO employment website
  • Appointment will be subject to certification that the candidate is medically fit for appointment, accreditation, any residency or visa requirements, and security clearances.

HOW TO APPLY

• To apply, visit the recruitment website at Jobs at FAO and complete your online profile. We strongly recommend that your profile is accurate, complete and includes your employment records, academic qualifications, and language skills
• Candidates are requested to attach a letter of motivation to the online profile
• Once your profile is completed, please apply, and submit your application
• Candidates may be requested to provide performance assessments and authorization to conduct verification checks of past and present work, character, education, military and police records to ascertain any and all information which may be pertinent to the employment qualifications
• Incomplete applications will not be considered
• Personal information provided on your application may be shared within FAO and with other companies acting on FAO’s behalf to provide employment support services such as pre-screening of applications, assessment tests, background checks and other related services. You will be asked to provide your consent before submitting your application. You may withdraw consent at any time, by withdrawing your application, in such case FAO will no longer be able to consider your application
• Only applications received through the FAO recruitment portal will be considered
• Your application will be screened based on the information provided in your online profile
• We encourage applicants to submit the application well before the deadline date.

If you need help or have queries, please create a one-time registration with FAO’s client support team for further assistance\: https\://fao.service-now.com/csp

FAO IS A NON-SMOKING ENVIRONMENT

We do our best to provide you the most accurate info, but closing dates may be wrong on our site. Please check on the recruiting organization's page for the exact info. Candidates are responsible for complying with deadlines and are encouraged to submit applications well ahead.
Before applying, please make sure that you have read the requirements for the position and that you qualify.
Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.