Job Overview
Economist – Real Estate (US-Based)
Organization: International Finance Corporation (IFC) Location: Washington, D.C., United States Job Type: Full-time, 3-year term Application Deadline: August 25, 2025
Are you an experienced economist who is passionate about leveraging the power of the private sector for global development? The International Finance Corporation (IFC), a member of the World Bank Group, is seeking a talented Economist – Real Estate to join our team in Washington, D.C. In this role, you’ll be at the forefront of analyzing and assessing the impact of our real estate investments in emerging markets. Ultimately, you will use your expertise to help shape projects that drive economic growth, create jobs, and foster sustainable urban development.
The Role of a Real Estate Economist
The Development Impact Measurement Department (CDI) is responsible for a variety of tasks related to IFC’s operations. Furthermore, our team, CDIMA, is looking for a skilled Real Estate Economist to focus specifically on the real estate sector, which includes commercial properties and housing.
Therefore, your key responsibilities as a Real Estate Economist will include:
- Impact Assessments: You will conduct detailed ex-ante development impact assessments for real estate investments, using the Anticipated Impact Measurement and Monitoring (AIMM) framework. This process ensures alignment with IFC’s strategic priorities for real estate development.
- Monitoring & Evaluation: After project implementation, you will monitor project impacts ex-post to ensure they align with our initial projections. Moreover, you will provide valuable feedback to real estate operations teams to facilitate continuous improvement in project design and implementation.
- Methodology Refinement: As global trends evolve, you will advance the refinement of our impact measurement methodologies for the real estate sector. You will also analyze global trends, particularly in emerging markets, to address emerging challenges and opportunities.
- Data Analysis: You will apply advanced economic modeling techniques to assess the impact of real estate investments on local economies, job creation, and urban development. In addition, you will prepare reports and presentations for IFC senior management and other stakeholders.
- Corporate Reporting: It is crucial that you ensure impact data from real estate projects is accurately captured, analyzed, and reported. This, in turn, contributes to the World Bank Group Corporate Scorecard system.
Remote Economist
Qualifications for this Real Estate Economist Position
First and foremost, we are looking for a candidate with a strong background in economics and real estate. Consequently, you should have an advanced degree in Economics or a closely related field, along with at least seven years of relevant experience.
Additionally, successful candidates will have:
- Sector Knowledge: Solid knowledge of the real estate sector, including housing markets and commercial properties. We are seeking a professional with experience as a Housing Market Analyst or Commercial Property Economist.
- Analytical Skills: Proven ability to apply various impact assessment frameworks and methodologies. Proficiency in statistical software like R, Stata, SAS, or Python is also essential for this Real Estate Development Specialist role.
- Communication: Excellent written and verbal communication skills in English to convey complex economic analyses to diverse audiences.
- Teamwork: The ability to work effectively and collaboratively in a multi-cultural team environment.
Benefits and Application
The World Bank Group offers a comprehensive benefits package, which includes a retirement plan; medical, life and disability insurance; and paid parental leave. We are proud to be an equal opportunity employer committed to a diverse and inclusive workforce. To learn more and apply, visit the original posting URL: https://worldbankgroup.csod.com/ux/ats/careersite/1/home/requisition/33941?c=worldbankgroup&sq=req33941
FAQs
Q: What is the primary focus of this role? A: The main focus is to conduct development impact assessments for IFC’s real estate investment projects, using economic analysis to evaluate and monitor their effects on emerging markets.
Q: Is this a remote position? A: No, this is an in-person position based in Washington, D.C., United States.
Q: What kind of real estate projects will I be working on? A: You will be working on a variety of projects, including commercial properties and housing developments in emerging markets.
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