Description
In line with enhancing career progression of staff and to support business growth, we seek to recruit a well-qualified, experienced, self-driven, highly motivated and passionate candidate to fill the role outlined below within the Special Projects Department.
The ideal candidate will be involved with macroeconomic research analysis and econometric models development for executive and relevant business unit decision making. Key duties and responsibilities will include;
- Macroeconomic research and key ratios analysis (Global, African, EAC / Kenya/ County Governments)
- Developing econometric time series data models and model risk management e.g. Interest Rates, Forex rates, Inflation, GDP etc
- Preparation and publication of the bank’s monthly/quarterly Economic Research bulletin.
- Performing strategic competitive intelligence, peer performance, external Environment PESTEL analysis, Game Theory Analysis – Undertand top competitors; strengths, weaknesses, opportunities, approach to compete and win
- Identifying macroeconomics opportunities and performing risks analysis
- Thought Leadership branding of the bank on macroeconomics perspectives
- Analyzing policy and legal regulatory risks, preparing written submissions to regulatory bodies and providing guidance to business units on regulatory issues e.g. CBK MPC, Interest rate capping, PSD2, GDPR, Basel3 etc.
- Obtaining County/Sovereign/ political risk analysis for Group and subsidiaries
- Developing monthly Assets and Liability Committee (ALCO) Macroeconomic briefs.
- Periodically carrying out industry, investor & customer confidence level surveys
- Conducting detailed financial modeling, business opportunity assessments and other financial analyses to support strategic decision making.
- Conducting feasibility research for entry of new markets and industries feasibility e.g. Platform economy ecosystems business models.
- Interpreting and summarizing analysis of key macroeconomic events like budget reading for EAC countries, economic surveys, household survey, vision 2030 MTP, County strategic plans, global index, IMF FAS and country credit ratings.
- Development of strategic policy frameworks for ALCO, CEO and Board – Deliver executive level presentations to enhance strategic decision making and support recommendations
- Designing, populating and maintaining proprietary macroeconomic database for the bank.
- Model performance review using technologies like KS (Kolmogorov Smirnoff Statistic and AUC (Area Under the Curve), model stress testing and back testing knowledge.
- Forging relationships with senior level leaders internally and within external partners
- Presenting analytics proposals, solutions & key insights/recommendations at strategic level.
Qualifications
Critical Competencies
- Quantitative analysis bias with good understanding of qualitative analysis
- Financial time series data modelling
- Macroeconomic, policy and statistical analysis
- Model performance review
- Macroeconomic Database management
- Strategic thinking, serial innovation, creativity, analyzing complex problems, evaluating impacts and implementation challenges, and providing recommendations/ creative alternate solutions
- Excellent communications and interpersonal skills with the ability to convey complex ideas effectively.
- Results oriented with an ability to work under stringent timeframes and under minimal supervision
- Excellent interpersonal and networking skills
Essential Knowledge
- Thorough knowledge of Econometric and financial time series modelling
- Excellent understanding of Macroeconomics and Advanced statistics
- Understanding of the role of Economic analysis and modelling to the business growth and enterprise risk management of the Bank
- Capability to know the power of branding the Bank through macroeconomic thought leadership
- Survey questionnaire method, ARIMA modelling, Cross section and panel data methods
- Mastery of key data science tools including R programming, Python, Statistical softwares (SAS, SPSS, Epi Info etc)
- Macroeconomic policy analysis
- Data management and storage
If you meet the above requirements, please submit your application online.
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The post Macroeconomic Modelling Analyst at Equity Bank Kenya is republished from Jobs – Jobs in Kenya – http://jobwebkenya.com/
