Econometrician

Econometrician

Nationwide Building Society

Nationwide Building Society provided pay range

This range is provided by Nationwide Building Society. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

Direct message the job poster from Nationwide Building Society

You will be joining the Economics team within our Finance function at Nationwide. The team’s role is to provide economic analysis and advice to decision makers, to support financial planning and stress testing activities and to highlight and analyse emerging risks and opportunities. This is all to help keep Nationwide’s finances sustainable, so that the Society can provide the best service possible to its members, now and in the future.

This is an exciting role that will involve developing and maintaining the team’s statistical models, as well as assisting with the production of economic analysis and forecasts. It is well suited for those that have experience in model development or recently completed or about to complete a PhD with a high econometric content that are looking to apply their knowledge in a business context.

At Nationwide we offer hybrid working wherever possible. More rewarding relationships are supported through our hybrid approach, bringing colleagues together across our UK wide estate, whilst also supporting generous access to home working. We value our time in the office to solve problems, to learn, and to feel connected.

For this job you\’ll be located at our nearest regional hub. There will be a need to regularly connect with colleagues for collaboration events in one of our office sites. This is anticipated to be quarterly in our London or Swindon office. If your application is successful, your hiring manager will provide further details on how this works. You can also find out more about our approach to hybrid working here.

If we receive a high volume of relevant applications, we may close the advert earlier than the advertised date, so please apply as soon as you can.

What you’ll be doing

This is an exciting role that will allow you to develop, maintain and improve our statistical models (mostly econometric models), which are used to forecast key economic and market variables (e.g. house prices and savings market). By using statistical software, such as Eviews, and managing and analysing data in software packages such as Macrobond (no prior knowledge is assumed as training will be provided), you will ensure that all models are well documented and compliant with required model standards.

You will gain a deep knowledge of the wider economy and UK household sector, but analysing and monitoring data to provide insights into developments. By working as part of a team to produce economic and market forecasts you will effectively communicate the rationale for projections by presenting results and drafting convincing narratives for inclusion in forecast documents and reports. You will also have the opportunity to produce research on topics of relevance to the business to be shared with key stakeholders.

About you

As well as a flair for statistics and economics, you will need to have good communication skills and the ability to convey complex ideas to non‑specialists. Our team works closely with other areas of the business, so an ability to win trust and build relationships across Nationwide would be an advantage. We are also looking for someone with an awareness of and interest in financial services as well as the wider economy.

Requirements

As a minimum requirement you’ll have:

• A master’s degree in economics/econometrics or related discipline with a high econometrics content, or be on course to (or have achieved) a PhD in such a discipline
• Good knowledge of time series modelling techniques – including OLS error correction models, different types of VAR models (Bayesian, SVar, etc.)
• Advanced knowledge of statistical software such as Eviews, SPSS, Stata, R, or others
• Excellent written and oral communication skills
• A track record of delivering to high standards

Our customer first behaviours put customers and members at the heart of how we work together. They are the set of behaviours that every colleague needs to display, in every role:

• Feel what customers feel – We step into our customers’ shoes, using their feedback and insights to empathise with them and to understand their needs, so that every decision we make starts and finishes with our customers in mind
• Say it straight – We are brave in speaking out and saying what we think – we’re honest and direct with good intent, openly sharing diverse perspectives to reach the best conclusions and using language everyone can understand
• Push for better – We don’t settle for mediocrity, we challenge the status quo, taking responsibility for continuous improvement and personal development
• Get it done – We prioritise what will have the greatest impact, we are decisive, and we take accountability for delivering brilliant customer outcomes.

Benefits

There are all sorts of employee benefits available at Nationwide, including:

• From January 2026, all colleagues will have access to fully funded private medical insurance
• A personal pension – if you put in 7% of your salary, we’ll top up by a further 16%
• Access to an annual performance related bonus
• Access to training to help you develop and progress your careerA great selection of additional benefits through our salary sacrifice scheme
• Life assurance worth 8x your salary
• Wellhub – access to a range of free and paid options for health and wellness
• Up to 2 days of paid volunteering a year

About the organization

Banking – but fairer, more rewarding, and for the good of society

We forge our own path at Nationwide.

As a mutual, we’re owned by our members – those customers who bank, save or have a mortgage with us. We challenge the financial sector status quo. We don’t see customers as the engine of our own profit. We share our profits with them and put their needs first. Always there when they need us. Supporting them and their lives.

If you’re inspired by fairer finances, passionate about making a meaningful impact, and truly care about our customers, you’re one of us.

At Nationwide, you are challenged to grow and rewarded for doing so. Valued. Recognised. Inspired to be your best. As a community we want our working lives to count. As a team, we celebrate what we achieve. As a standard-setter, we work for the good of customers, communities, and broader society.

We are Purpose-driven. Uncompromisingly Customer. Unstoppably Nationwide.

Next steps

If this role is for you, please click the ‘Apply Now’ button. You’ll need to attach your up-to-date CV and answer a few quick questions for us.

We respond to everyone, so we will be in contact shortly after the closing date to let you know the outcome of your application.

Seniority level

Mid‑Senior level

Employment type

Full‑time

Job function

Research and Finance

Industries

Financial Services, Economic Programs, and Data Infrastructure and Analytics