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Intern – Economic Affairs [Temporary] In Addis Ababa (Ethiopia)

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United Nations Economic Commission for Africa (UNECA)

Addis Ababa (Ethiopia)

I-1 Intern Internship

Economic Development

General Support

Close on 22 Aug 2023

JOB DESCRIPTION

Org. Setting and Reporting

ECA’s mission is to deliver ideas and actions for an empowered and transformed Africa; informed by the 2030 SDGs and Agenda 2063.

The mission is guided by ECA’s five new strategic directions which are:

– advancing ECA’s position as a premier knowledge institution that builds on its unique position and privilege to bring global solutions to the continent’s problems and take local solution to the continent;

– developing macroeconomic and structural policy options to accelerate economic diversification and job creation;

– designing and implementing innovative financing models for infrastructure, and for human, physical and social assets for a transforming Africa;

– contributing solutions to regional and transboundary challenges, with a focus on peace security and social inclusion as an important development nexus;

– advocating Africa’s position at the global level and developing regional responses as a contribution to global governance issues.

Private Sector Development and Finance Division

The Private Sector Development and Finance Division (PSDFD) is responsible for supporting member States in their endeavor to achieve sustained economic growth and transformation through leveraging the role and resources of the private sector with an emphasis, improving the business environment, increasing private sector investment in agriculture, infrastructure, energy and services (technology), and promoting innovative financing models.

This internship is located in the Innovative Finance and Capital Markets Section (IFCM) of the Private Sector Development and Finance Division at the Economic Commission for Africa in Addis Ababa, Ethiopia. The Internship will be at the ECA, in Addis Ababa, Ethiopia.

The duration of the internship is six months on a full-time basis. Interns work five days per week (35 Hours) under the supervision of a staff member in the department or office to which they are assigned. Have a demonstrated and keen interest in the work of the United Nations and have a personal commitment to the ideals of the Charter. The internship certificate is awarded on the recommendation of the supervisor.

The UNECA is mandated to promote the economic and social development of its member States, foster intra-regional integration, and promote international cooperation for Africa’s development. To find out more about UNECA, please go to www.uneca.org.

Responsibilities

Under the general guidance of the Chief of the ” Innovative Finance and Capital Markets Section” and/or and the direct supervision of a relevant responsible officer, the intern will make an important contribution to the work of the Section.

 Activities change according to the needs of the section, but typical tasks include the following:

  1. Research: Assist officers of the Section to conduct analytical research on various issues related to the development and deepening of capital markets across the region, particularly for bond markets at the sovereign and corporate levels as well as the use of innovative finance technologies to accelerate financial inclusion.
  2. Information and data: Compile, process and analyses information and data on capital markets, domestic private investment and innovative financing structures in Africa, which may require econometric skills and economic modelling approaches.
  3. Program and project: Support officers of the Section to conduct program and projects related to bond markets, economic development and innovative finance.
  4. Other task: Carry out other tasks as required by the Section and the Division.

Competencies

Professionalism: Ability to apply economic theories and concepts in different sectors of economic and sustainable development. Ability to identify, independently assess, formulate recommendations and/or resolve a wide range of issues/problems, undertake research and gather information from standard sources and to work well with figures including ability to analyze and understand financial data. Ability to design information databases from multiple sources into an integrated program evaluation system.

Communication: Speaks and writes clearly and effectively; listens to others, correctly interprets messages from others and responds appropriately; asks questions to clarify, and exhibits interest in having two-way communication; tailors language, tone, style and format to match audience; demonstrates openness in sharing information and keeping people informed.

Teamwork: Works collaboratively with colleagues to achieve organizational goals; solicits input by genuinely valuing others’ ideas and expertise; is willing to learn from others; places team agenda before personal agenda; supports and acts in accordance with final group decision, even when such decisions may not entirely reflect own position; shares credit for team accomplishments and accepts joint responsibility for team shortcomings.

Creativity: Actively seeks to improve programs or services; offers new and different options to solve problems or meet client needs; promotes and persuades others to consider new ideas; takes calculated risks on new and unusual ideas; thinks “outside the box”; takes an interest in new ideas and new ways of doing things; is not bound by current thinking or traditional approaches.

Education

To qualify for an internship with the United Nations Internship Program, applicants must, at the time of application, meet one of the following requirements:

(a) Be enrolled in, or have completed, a graduate school program (second university degree or equivalent, or higher); or,

(b) Be enrolled in, or have completed, the final academic year of a first university degree program (minimum bachelor’s level or equivalent).

2.Be computer literate in standard software applications;

3.Have a demonstrated ability to successfully interact with individuals of different cultural backgrounds and beliefs, which include willingness to try and understand and be tolerant of differing opinions and views.

Work Experience

No working experience is required to apply for the United Nations Internship Program. Your training, education, advance course work or skills should benefit the United Nations during your internship.

Languages

English and French are the working languages of the United Nations Secretariat. For the Internship Program, fluency in English or French is required. Working knowledge of the other is desirable. Knowledge of another United Nations language is an advantage.

Assessment

Potential candidates will be contacted by the hiring manager directly for further consideration. Due to the large number of applications received, only successful candidates will be contacted.

Special Notice

The internship is UNPAID and full time. Interns work five days per week under the supervision of a staff member in the department or office to which they are assigned.

In your Personal History Profile, please list all past work experience (if any), your IT skills, and three references.

Due to the high volume of applications received, only successful candidates will be contacted. Please note that this is an on-going advertisement until February 2022. Successful candidates may be contacted at any time during the posting period or shortly thereafter. Economic Commission for Africa (ECA) accepts no responsibility for costs arising from accidents and /or illness incurred during an internship. Therefore, upon awarding an internship, candidates will be required to sign a statement confirming their understanding and acceptance of the condition of service.

A completed online application (including Cover Note and Personal History Profile) is required. Incomplete applications will not be reviewed. The Cover Note must include

– Your degree program (what are you currently studying?

– Your Graduation date (when will you or when did you graduate from the program?

– List your three main areas of interest

– Any IT skills or software applications that you are proficient in;

– An explanation as to why you would be the best candidate for this internship;

– An explanation as to why you are interested in the United Nations Internship Program.

Website: https://careers.un.org/lbw/jobdetail.aspx?id=200911