Job Description
Job Responsibilities:
Help develop processes to track, analyse and summarize key macroeconomic parameters across geographies – primarily the US, UK, Germany, and Netherlands
Establish methodologies to accurately identify and map relevant macroeconomic parameters that can inform performance of specific sectors
Extensively use statistical techniques including cross correlation, test of significance, multivariate regression, and non-liner regression techniques
Lead a team that is involved in developing quantitative models that use outlook on economic data to predict performance across a broad library of sectors
Work in close collaboration with the team to analyse new and relevant sector trends and implement new research ideas that will help provide outlook on such trends using macroeconomic indicators
Introduce and maintain dashboards and approach documents that can support validation of OakNorth’s methodologies by regulators. This should primarily cover an independent view on the macroeconomic outlook used in the top down approach and the rationale behind the use of selected parameters
Liaison with external consultancies that provide aggregation models and work with them to arrive at outcomes that can be presented to clients.
Desired Skills:
A master’s in economics with at least 10 years of experience in economic research preferably in a financial institution
Robust empirical and econometric skills, specifically working with quantitative data using econometric methods
Experience in statistical software such as EViews, Stata, Matlab or statistical packages in Python or R is mandatory
Understanding of interaction between macroeconomic parameters and broad sectors of an economy
Excellent knowledge of inter-relationship of various macroeconomic parameters and impact on projections
