Thursday, 11 March 2021

Macroeconomic Modelling Analyst at Equity Bank

Equity Bank Limited (The “Bank”) is incorporated, registered under the Kenyan Companies Act Cap 486 and domiciled in Kenya. The address of the Bank’s registered office is 9th Floor, Equity Centre, P.O. Box 75104 – 00200 Nairobi. The Bank is licensed under the Kenya Banking Act (Chapter 488), and continues to offer retail banking, microfinance and related services. The Bank has subsidiaries in Kenya, Uganda, South Sudan, Rwanda and Tanzania. Its shares are listed on the Nairobi Securities Exchange and Uganda Securities Exchange. Equity Bank was founded as Equity Building Society (EBS) in October 1984 and was originally a provider of mortgage financing for the majority of customers who fell into the low income population. The society’s logo, a modest house with a brown roof, resonates with its target market and their determination to make small but steady gains toward a better life, seeking security and advancement of their dreams. The vast majority of Africans have historically been excluded from access to financial resources.

Description

Currently the Bank is seeking additional talent to serve in the role outlined below to serve in the Special Projects Department.

This role will involve macroeconomic research analysis and development of econometric models for executive’s use and decision making by relevant business units.

Job Responsibilities:

  • Business Growth in Assigned Subsidiaries – Kenya and DRC
  • Develop monthly Macro Economic Review – MER reports – for Kenya and DRC ALCOs- Asset and Liability Committees
  • Industry, Investor & customer  confidence level surveys
  • Interpreting and summarising analysis of key  Macroeconomic events e.g. Budget reading for EAC countries / Economic Survey/Household survey/ Vision 2030 MTP/ County strategic plans / Global Findex / IMF FAS/ Country Credit Ratings  etc
  • Conduct detailed financial modeling, business opportunity assessments and other financial analyses to support strategic decision making
  • Strategic Competitive Intelligence (CI) , peer performance , external Environment PESTEL scanning,  Game Theory Analysis – Undertand top competitors; strengths, weaknesses, opportunities, approach to compete and win
  • Strategic research on product, process and business model innovations
  • Present analytics proposals, solutions & key insights/recommendations at strategic level
  • County/Sovereign/ political risk analysis for Group and subsidiaries
  • Macroeconomic research and key ratios analysis (Global, African, EAC / Kenya/ County Governments)
  • Business Growth in Assigned Subsidiaries – Kenya and DRC
  • Develop monthly Macro Economic Review – MER reports – for Kenya and DRC ALCOs- Asset and Liability Committees
  • Industry, Investor & customer  confidence level surveys
  • Interpreting and summarising analysis of key  Macroeconomic events e.g. Budget reading for EAC countries / Economic Survey/Household survey/ Vision 2030 MTP/ County strategic plans / Global Findex / IMF FAS/ Country Credit Ratings  etc
  • Conduct detailed financial modeling, business opportunity assessments and other financial analyses to support strategic decision making
  • Strategic Competitive Intelligence (CI) , peer performance , external Environment PESTEL scanning,  Game Theory Analysis – Undertand top competitors; strengths, weaknesses, opportunities, approach to compete and win
  • Strategic research on product, process and business model innovations
  • Present analytics proposals, solutions & key insights/recommendations at strategic level
  • County/Sovereign/ political risk analysis for Group and subsidiaries
  • Macroeconomic research and key ratios analysis (Global, African, EAC / Kenya/ County Governments)

Qualification

  • Strong BA/BSC Economics  e.g.  Pure Economics, Economics & Statistics, Economics & Maths, Economics & IT, Economics  and Finance, Econometrics
  • MA/Msc Economics is a distinctive  added advantage
  • On track CPA(K) candidate – Either CPA(K) Part 1 or 2 or 3
  • Hands on  in  Statistical softwares like  SAS, SPSS, Epi Info etc
  • Mastery of data science tools  and programming languages  – SQL, R, Python, Data bricks, tableau, Qlik, Power BI  etc
  • Proven ability of macroeconomic and financial times series modelling eg BA/BSC/Msc/MA/Mphil  thesis paper

Critical Competencies

  • Research, analysis and the development of policy options on complex macro environment  issues
  • Strategic thinking (Analysis and idea), serial innovation , creativity , analyzing complex problems, evaluating impacts and implementation challenges, and providing recommendations/ creative alternate solutions
  • 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
  • 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
  • Exceptional analytical and problem solving skills, with attention to detail more so in macroeconomic and policy briefs  writing

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)

The post Macroeconomic Modelling Analyst at Equity Bank appeared first on Jobs in Kenya - http://jobwebkenya.com/.



The post Macroeconomic Modelling Analyst at Equity Bank is republished from Jobs – Jobs in Kenya – http://jobwebkenya.com/