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Economist, Economics Unit,EIU,London

Economist, Economics Unit,EIU,London

ID 
2017-3986
Job Locations 
United Kingdom-London
Function  
Research

More information about this job:

Introduction:

EIU_logo2x (1)

 

As the research and analysis division of the Economist Group, The Economist Intelligence Unit (EIU) helps leaders prepare for opportunity, empowering them to act with confidence when making strategic decisions. The EIU is the global standard in providing quality, actionable intelligence to the public and private sector, assessing issues that impact the marketplace for over two hundred countries.

 

The Economics Unit supplies and maintains the econometric models and underlying datasets for the series which the Economist Intelligence Unit publishes and forecasts. The team also compiles its own suite of data products and supports a large number of bespoke projects for the Economist Intelligence Unit's consultancy arm.

 

We are recruiting an Economist who will work to ensure the accuracy of macroeconomic data, maintain and development of the EIU's econometric forecasting frameworks and promote and explain the EIU's forecasting methodology. The successful candidate will also liaise with the EIU's Consulting team on quantitative research projects, advising on methodology and developing quantitative capabilities.

Accountabilities:

In this role you will be expected to work on :

 

Economic data and model

  • Work within the Economics team to ensure the accuracy of economic data, maintain and develop econometric models used in the forecasting procedure
  • Troubleshoot and advise other teams within the EIU on data and model issues and implications on forecasts and work closely with the regional team ensure the quality of the country data published
  • Monitor external data sources and advise on updates and revisions to data
  • Monitor quality and accuracy of economic forecasting and under the supervision of the Lead Economist, modeling & forecasting work to improve all forecast methodology framework
  • Promote EIU quantitative products externally by creating new materials that showcase quantitative products and by working closely with EIU sales and marketing teams
  • Advise clients in using EIU data within their business
  • Assist in shaping EIU products and services through conversations and feedback from clients

Technical development

  • Review and upgrade the econometric models to improve forecast accuracy and recommend changes to the models and the software the models are run in
  • Work closely with the data & research team to develop data products and to promote methodologies internally and externally
  • Work with the technical team as needed on development work based in Excel. 

Consulting project

  • Liaise with the EIU Consulting team on quantitative research projects that require econometric model developments
  • Work closely with the Consulting team in maintain and update existing projects
  • Assist in shaping and developing CR quantitative capabilities
  • Present quantitative results to external clients as required

Experience, skills and professional attributes:

To succeed in this role you must have:

  • Strong understanding of macroeconomic, demographic and international trade concepts and knowledge of key data series
  • Experience in data analysis, quantitative macroeconomic analysis and econometric forecasting
  • Experience in application of econometrics for forecasting and model building
  • Advanced Excel skills, familiarity with econometric software
  • Experience in EViews, understand VBA and Matlab
  • High level of numeracy, experience handling large data sets
  • A degree in Economics or a relevant related subject, Master's degree preferred
  • Good communication and interpersonal skills

 

You will be able to demonstrate:

  • The ability to prioritise tasks, well organised and meet deadlines
  • Highly numerate and analytical skills
  • A commitment to producing output of high quality
  • A knowledge of global affairs and economic issues
  • Self-motivated, able to take the lead on quantitative projects
  • Innovative approach to solving problems