At a Glance
- Tasks: Analyse global economic trends and support strategic initiatives across the company.
- Company: Join ArcelorMittal, the world's leading steel and mining company.
- Benefits: Competitive salary, bonus incentives, pension plan, and healthcare scheme.
- Other info: Opportunities for career growth and leadership development in a collaborative culture.
- Why this job: Shape industry strategies while driving decarbonisation efforts in a dynamic environment.
- Qualifications: Bachelor's degree in Economics or related field; 7+ years of relevant experience.
The predicted salary is between 63000 - 77000 £ per year.
As the Senior Economist, Corporate Strategy you will work with the team to shape and support both the fundamental analysis of the underlying trends in the industry and leverage our knowledge base to support projects and strategic initiatives across the Group. This includes understanding the current and potential global macroeconomic developments, forming views and translating their implications across core regions and industries. Specifically, you will be engaged in internal and external research and analysis, and engaging with the businesses on key assumptions for business and strategic planning. You will support strategy formulation, working with cross functional teams across business units and other corporate functions departments (especially Group Finance, IR, and M&A).
Key responsibilities
- Assess, develop views and monitor global macroeconomic developments, including both near-term shocks (e.g. trade policy, energy shocks) and medium-term structural megatrends (e.g. AI, geopolitical fragmentation, climate change), as well as evolving global structural risks.
- Analyse economic developments and translate their implications for core regions (China/US/EU/Brazil/India) and core steel end-use sectors (e.g. construction, heavy manufacturing, automotive).
- Synthesise and communicate analysis to senior management. Respond to ad hoc requests from leadership.
- Develop and maintain medium-term global macroeconomic and steel demand models, scenarios and forecasts.
- Help build and strengthen the economics capability within Corporate Strategy, including the management, coaching and development of a junior economist.
- Liaise with and leverage the expertise and information of regional business units, as well as providing support.
- Build and maintain networks with external economists, industry associations, research institutions and multilateral organisations.
Education / Experience required
- Bachelor's degree in Economics, Engineering, Mathematics, Science or another quantitative discipline. Master's degree in Economics or a related field preferred.
- Minimum 7 years' relevant experience in economics, economic consulting, research institutions, financial institutions or corporate strategy within a multinational company.
- Experience in metals, mining, industrials or other cyclical sectors is advantageous.
- Strong quantitative, analytical and problem-solving skills, with the ability to synthesise complex economic developments into clear business implications and actionable insights.
- Experience developing economic forecasts, scenarios and models, and communicating findings to senior stakeholders.
- Experience coaching, developing or managing junior analysts or economists is desirable.
Key attributes
- Analytical, open-minded, curious and inquisitive, with excellent problem solving and communication skills.
- Resilient, resourceful, and energetic.
- Self-motivated and results driven, able to develop and drive structured analysis and synthesise to key conclusions.
- Comfortable working in collaborative, flexible fast changing environment.
- Strong interpersonal and project management skills, able to effectively interface with partners at various levels of the organisation, from individual contributors to senior executives.
- Demonstrated initiative, ownership and accountability.
- Fluent in English. Foreign language competency advantageous.
- Experience studying/working abroad is a plus.
- Experience with using Economic databases and models, both public (global institution and national statistics) and private (e.g. Oxford Economics, S&P Global, and Haver Analytics).
- Advanced Microsoft Office skills, specifically Excel, Power Point; database management and programming skills advantageous.
What we offer
- Being part of the world's leading steel and mining company, leading the industry on decarbonisation.
- A competitive salary along with incentivised bonus, pension plan and healthcare scheme.
- Career development, technical and management trainings to support your leadership ambitions.
- A safety-focused and inclusive working environment.
- Opportunities to grow within ArcelorMittal and shape our growth strategy.
Senior Economist in London employer: ArcelorMittal
As a Senior Office Administration Professional in our London office, you will thrive in a dynamic and employee-centric workplace that prioritises operational excellence and stakeholder engagement. We offer a collaborative culture where your contributions are valued, alongside opportunities for professional growth and development, all while ensuring compliance with UK regulations. Join us to be part of a team that fosters a welcoming environment and drives continuous improvement in workplace operations.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Economist in London
✨Dive Into Corporate Strategy Communities
Get yourself involved in online communities or forums focused on corporate strategy. Places like LinkedIn groups or specific Slack channels can hook you up with industry insights, trends, and many potential job leads. Don't hesitate to share your thoughts or ask questions; it’ll boost your visibility!
✨Attend Industry Conferences and Events
Keep an eye out for corporate strategy conferences or networking events in your area (or online!). These gatherings are gold mines for meeting hiring managers and making impactful connections. Plus, having a few good conversations can lead to job referrals at companies like ArcelorMittal!
✨Showcase Your Strategy Skills
Create content that showcases your knowledge of corporate strategy—think reports, blogs, or even video discussions. Sharing these on platforms like LinkedIn or Medium can demonstrate your expertise and make you stand out to employers looking for fresh talent.
✨Apply Directly Through Our Website
Don’t forget to apply for the Senior Economist position at ArcelorMittal via our website! This shows your genuine interest, and who knows, you might just land that interview in a matter of days. Keep your application focused on how you can add value to their strategy team.
We think you need these skills to ace Senior Economist in London
Some tips for your application 🫡
Show Us Your Strategic Thinking:When crafting your CV and cover letter, highlight your strategic analysis skills. Focus on past experiences where you've effectively assessed market trends or made impactful recommendations. Evidence-based achievements, like improving processes or contributing to significant projects, will help us see your potential for driving corporate strategy at ArcelorMittal.
Tailor Your Narrative:Don’t just send us a generic application! Personalise your cover letter by connecting your experiences and aspirations to ArcelorMittal’s mission and goals. We love seeing candidates who genuinely understand what we do; share how your vision aligns with ours and what you can bring to the table.
Highlight Relevant Academic Credentials:In your CV, make sure to showcase your academic background, especially if you have qualifications in business, economics, or analytics. We appreciate candidates who can back up their skills with relevant degrees or certifications, so don’t be shy about flaunting those achievements!
Utilise Professional Language:While we want you to be yourself, remember that corporate strategy roles demand a level of professionalism in communication. Use clear and concise language in your application materials, ensuring that your ideas come across as well-structured and sophisticated. It’s all about making a great impression right from the written application stage!
How to prepare for a job interview at ArcelorMittal
✨Master the Numbers
Corporate strategy often involves data analysis and financial forecasting. Brush up on your quantitative skills, and be prepared to handle case studies or numerical problems during the interview. We might get questions about how to approach market trends or assess the performance of a hypothetical company — so practice these scenarios!
✨Know Your Frameworks
Familiarity with strategic frameworks like SWOT, PESTLE, or Porter’s Five Forces can set you apart. We should be ready to discuss how we’d apply these tools to real-world business situations — maybe even relating them to ArcelorMittal. This shows we’re not just theory-happy but can articulate our practical application.
✨Engage in Strategic Conversations
In a full-time role like this, it’s crucial to show that we're engaged and informed about current trends in the industry. Keep up with major news and prepare to discuss how recent developments could impact strategic decisions at ArcelorMittal. This will demonstrate our passion and proactive approach to the field.
✨Showcase Relevant Experience
Whether through internships or projects, we should highlight any experience that relates to corporate strategy. Have specific examples ready to talk about how we’ve contributed to strategic growth or improvements. It's about showcasing our unique journey and how it will bring value to ArcelorMittal.
