Oxford Economics, a leading global economic research and consultancy firm, is looking for a Senior Economist to join our expanding Climate Modelling and Scenarios team in London or Oxford.
The team deals with a wide range of climate and macroeconomic related issues raised by our clients. This includes, for example, assessments of the macroeconomic impact of climate and adaptation policies (e.g. carbon prices, energy efficiency, infrastructure investment), as well as the economic and social costs of further global warming. The team are responsible for bespoke consultancy projects which usually run between one and six months and end with a report, forecasts and/or presentation for our clients. As well as responsibility for the Global Climate Service (GCS) which is a subscription product that produces regular research briefings and pre-defined climate scenarios using Oxford Economics’ Global Economic Model (GEM).
The team sits within the wider Scenarios and Modelling unit, which is responsible for developing bespoke scenarios for a variety of purposes such as strategic planning or stress testing. Most of the team’s projects involve working with or developing the GEM. There will be opportunities to work across teams within the unit, including on projects with a pure international trade or macroeconomic focus.
About the role of the Senior Economist
About the role of the Senior Economist
The role of the Senior Economist is focused on the delivery and project management of macroeconomic and climate related consultancy projects. They will develop the methodology and project offering, conduct the analysis and present the results to our clients. There may also be opportunities to contribute to model development and our in-house research. As the post-holder becomes more confident in the post, they will be expected to work on multiple projects simultaneously. There would also be opportunity for the Senior Economist to oversee an Assistant Economist if they have prior management experience. The position holder will report to the Lead Economist for Climate Modelling and Scenarios.
A significant part of the role involves digesting the latest academic and grey literature to answer interesting client questions in the macroeconomic and climate space. As well as the implementation of quantitative models such as econometric analysis or scenario analysis using the GEM. Examples of recent projects include: 1) estimating the effects of the EU's climate policy on Finland's macroeconomics for a European trade union to understand its comparative advantage, 2) using macroeconomic climate scenarios to inform corporate strategy and meet Climate-related Financial Disclosure requirements, 3) using scenario analysis to model the macro-financial impacts of acute physical climate risks, such as a flood event, for regulatory stress testing purposes, and (4) assessing the economic impact of three different energy transition scenarios for a European fund manager to influence public policy.
The Senior Economist will benefit from Oxford Economics‘ learning and development offering and Career Progression Framework, which will support both their career aspirations and organisational goals.
The Senior Economist will benefit from Oxford Economics‘ learning and development offering and Career Progression Framework, which will support both their career aspirations and organisational goals.
Key Responsibilities
- Working with the GEM, the most widely used commercial large-scale macroeconomic model in the world, to produce climate and macroeconomic scenarios for a variety of end-uses such as strategic planning, stress-testing, policy design and regulation;
- Writing up scenarios or economic research results in Word or PowerPoint for consultancy projects;
- Apply quantitative analytical techniques to datasets using software such as Excel, EViews, R and Python;
- Independently or collaboratively conducting research and literature reviews in the climate macroeconomics field, as well as in the wider economics and scientific literature
- Ensuring robust and rigorous economic analyses when carrying out consulting projects;
- Managing client queries regarding our modelling and scenario analysis;
- Giving overview presentations to prospects about the GEM, the climate team’s scenarios and modelling capabilities;
- Contributing and implementing ideas that will improve the team’s modelling and research capabilities;
- Line management of an economist including both task management and career development planning
Skills, Knowledge & Expertise
Essential
- Strong academic education with a BA/ BSc in economics;
- An intuitive understanding of macroeconomics, and a keen personal interest in climate or wider environmental issues;
- Experience of economic analysis including econometrics and using applied macroeconomics models for forecasting and/or scenario analysis.
- Excellent written and verbal communication skills, including the ability to explain economic concepts and quantitative results, as well as their implications, to non-specialists;
- Attention to detail and a commitment to produce rigorous, accurate work, within the constraints of the time and resources available;
- Strong track record in developing client relationships;
- Good written and oral communication skills, including the ability to explain economic concepts and quantitative results and their implications, clearly and concisely;
- Collegiate and collaborative mindset towards colleagues to achieve the organisational objectives and support team growth and development.
Desirable
- A postgraduate degree in economics or climate related discipline would be considered a plus;
- Experience in the management and development of employees;
- Experience contributing to business development and/or competitive bid writing in a consultancy environment;
- Experience with quantitative analysis software, such as R or Python.
Equal Employment Opportunity (EEO)
Oxford Economics is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.
Oxford Economics is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.
Job Benefits
Here are some of the benefits we offer in the UK to ensure you feel valued, supported, and thrive at work:
- Private Healthcare
- Employee Assistance Program
- Enhanced Maternity and Paternity Leave
- Workplace Nursery Scheme
- Cycle to Work Scheme
- Hybrid/Flexible Working
- Team Gatherings and Connection Boost!
About Oxford Economics
Oxford Economics was founded in 1981 as a commercial venture with Oxford University’s business college to provide economic forecasting and modelling to UK companies and financial institutions expanding abroad. Since then, we have become one of the world’s foremost independent global advisory firms, providing reports, forecasts and analytical tools on more than 200 countries, 250 industrial sectors, and 7,000 cities and regions. Our best-of-class global economic and industry models and analytical tools give us an unparalleled ability to forecast external market trends and assess their economic, social and business impact.
Headquartered in Oxford, England, with regional centres in London, New York, and Singapore, Oxford Economics has offices across the globe in more than 15 cities. We employ more than 400 professional economists, industry experts and business editors—one of the largest teams of macroeconomists and thought leadership specialists. Our global team is highly skilled in a full range of research techniques and thought leadership capabilities, from econometric modelling, scenario framing, and economic impact analysis to market surveys, case studies, expert panels, and web analytics.
Department
Scenarios & Macro Modelling
Employment Type
Full Time
Location
London, UK
Workplace type
Hybrid
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