At a Glance
- Tasks: Support audit teams with high-quality macroeconomic analysis and model development.
- Company: Join a leading firm focused on delivering impactful economic insights.
- Benefits: Gain experience in a dynamic environment with opportunities for professional growth.
- Why this job: Engage in meaningful work that influences key economic decisions and trends.
- Qualifications: Undergraduate degree in Economics and 2 years of relevant experience required.
- Other info: Ideal for those passionate about economics and eager to communicate complex ideas.
The predicted salary is between 28800 - 48000 £ per year.
<h3>Job Description</h3><div><p>We are looking for a macroeconomist to support our clients audit team by supporting the delivery of high quality macro-economic analysis.</p><p>This will include: the assessment and development of economic scenarios for IFRS9 purposes and stress testing regulatory exercises using macroeconomic and econometric models. The enhancement and development of in-house econometric models (statistical, structural economic models) with an understanding of accreditation of these tools for audit use. The production of thought leadership highlighting key trends and risks at sector and business level. Clear and effective communication about economic concepts and findings to non-economist audiences, verbally and in writing.</p><p><strong>Responsibilities:</strong></p><ul><li>Assessment and development of economic scenarios for IFRS9 purposes</li><li>Stress testing regulatory exercises using macroeconomic and econometric models</li><li>Enhancement and development of in-house econometric models (statistical, structural economic models) with an understanding of accreditation of these tools for audit use</li><li>Production of thought leadership highlighting key trends and risks at sector and business level</li><li>Clear and effective communication about economic concepts and findings to non-economist audiences, verbally and in writing</li></ul><p><strong>Qualifications:</strong></p><ul><li>An undergraduate degree in Economics.</li><li>A minimum of 2 years of engagement within a macroeconomics team/unit at a professional services company, Central Bank, or Think Tank.</li><li>Strong understanding of primary sources of global and UK macroeconomic data sources and data providers.</li></ul></div> J-18808-Ljbffr
Macroeconomics Analyst employer: William Scott Associates
Contact Detail:
William Scott Associates Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Macroeconomics Analyst
✨Tip Number 1
Familiarize yourself with IFRS9 regulations and stress testing methodologies. Understanding these concepts will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Stay updated on current macroeconomic trends and data sources, especially those relevant to the UK. This knowledge will enable you to discuss recent developments confidently during your conversations with us.
✨Tip Number 3
Practice explaining complex economic concepts in simple terms. Since clear communication is key for this role, being able to convey your ideas effectively to non-economists will set you apart.
✨Tip Number 4
Network with professionals in the macroeconomics field, especially those working in audit or regulatory environments. Building these connections can provide valuable insights and potentially lead to referrals.
We think you need these skills to ace Macroeconomics Analyst
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description and understand the key responsibilities and qualifications required for the Macroeconomics Analyst position. Tailor your application to highlight relevant experiences.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in macroeconomic analysis, particularly any work related to IFRS9, stress testing, or econometric modeling. Use specific examples to demonstrate your skills.
Communicate Clearly: Since the role requires clear communication of economic concepts to non-economists, ensure that your application reflects this ability. Avoid jargon and explain complex ideas simply in your cover letter.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for grammatical errors and ensure that your writing is concise and professional, as attention to detail is crucial in this field.
How to prepare for a job interview at William Scott Associates
✨Showcase Your Analytical Skills
Be prepared to discuss your experience with macroeconomic and econometric models. Highlight specific projects where you assessed economic scenarios or conducted stress testing, as this will demonstrate your practical knowledge in the field.
✨Communicate Clearly
Since the role requires explaining complex economic concepts to non-economists, practice articulating your thoughts clearly and concisely. Use simple language and relatable examples to convey your points effectively during the interview.
✨Stay Updated on Economic Trends
Familiarize yourself with current macroeconomic trends and risks, especially those relevant to the sector the company operates in. Being able to discuss recent developments will show your passion for the field and your proactive approach.
✨Demonstrate Team Collaboration
Share examples of how you've worked within a team, particularly in a macroeconomics context. Emphasize your ability to collaborate with others, as teamwork is often crucial in professional services environments.