Economist at Stanbic Bank

Job Purpose

Provide advice to the Standard Bank Group companies and their clients on macroeconomic developments.

Key Responsibilities/Accountabilities

• Real sector analysis
• Compile sectoral profiles of the economy to be shared with internal and external stakeholders
• Provide sector specific forecasts of the economy
• Develop and compile databases of sector specific information
• Liaise with policy makers, industry regulators and representative bodies
• Fixed income and currency strategy
• Analyze economic and financial market developments to identify potentially profitable trade ideas in the FX and fixed income markets
• Write topical and timely flash notes on economic and market developments
• Assist the Head of macroeconomic research in contributing to Africa-wide publications
• Provide economic information assisting internal and external clients in planning
• Provide economic and market commentary and forecasts to the bank’s clients
• Provide macroeconomic input into the equity research proces.
• Contribute to flagship publications of the research team (African Markets Revealed, African Local Markets Monthly, Africa Sovereign Research, various strategy and/or daily pieces). Cover and monitored key macroeconomic and market events via ad-hoc external flash notes and internal publications.
• Develop relationships with African policy makers, central bank officials and other market regulators.
• Support the sales team in terms of client coverage on an on-going basis (client meetings, calls, Bloomberg/Reuters chats).
• Participate in marketing road shows in various offshore distribution hubs.
• Organize client road shows for international investors.
• Provide analytical support to the Eurobond, local currency fixed income, FX and equity trading desks.
• Advised senior management in various in-country offices on East Africa research and strategy

Preferred Qualification and Experience

• Minimum of a Bachelor’s degree, preferably in Economics or a Finance related course.
• 5-7 years work experience in an economic research writing capacity or a similar environment is desirable.

Knowledge/Technical Skills/Expertise

• Excellent quantitative and analytical skills
• Strong macro-economics analysis , economic modelling and report writing skills
• Ability to identify the key issues on opportunities and develop a structured approach to resolving these issues
• Ability to gather knowledge and research effectively
• Technical areas of expertise should encompass knowledge of relevant legal and tax legislation