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25 Dec 2023

Senior Econometrician at Equity Bank Kenya

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Job Description

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.

Responsibilities

  • Macro Econometric Forecasting Global; Africa; EAC; foot print subsidiaries (GDP; inflation, interest rates; forex rate; FX Reserves ; Current account deficit; budget deficit; Oil prices; Credit % of GDP; Debt
  • % of GDP etc. ).
  •  Monthly Economic Analysis for Group and foot print subsidiaries on monthly basis for Executive Management Committees and quarterly for Board Committees.
  • Quarterly External publication of the Macro Economics Research (External thought leadership publication giving the Macro Economics ‘’House View’’ on key variables for consumption by SME and Corporate Customers and other stakeholders of Equity Group).
  •  Adhoc C-Suite executive research; decision support and feasibility studies.
  •  Balanced Score Card business growth for foot print subsidiaries (financial (growth of deposits; loans; interest incomes; non- funded incomes); customer ( growth in new customers and partners like agents; merchants ); internal processes (innovations; strategic partnerships ) and learning and growth (trainings of staff ; customers and partners like agents; merchants )
  • Analyze economic and market trends – An economist is responsible for researching, collecting data, and analyzing information pertaining to socio-economic, financial, political and market trends in different geographies and sectors.
  • Develop economic models – After analyzing the different trends, an economist is responsible for making econometric models to compute the numerical impact of different trends and make future predictions.
  • Prepare economic reports – The economist is responsible for preparing economic reports based on the statistical analysis to present technical insights about an economic situation. The reports are used to advise banks, investment firms, government agencies to take calculated investment decisions
  • Communicate data – The reports prepared by the economists are effectively communicated by them to banks or agencies by ways of presentations, media releases or publication in journals.
  • Any other assigned duties and responsibilities

Qualifications

  • Familiarity with relevant statistical methodologies and experience in building and maintaining macro econometric models, forecasting tools and other analytical frameworks.
  • Excellent analytical, motivation and communication skills are necessary as is the ability to meet tight deadlines.
  • Must be able to work in a team and coordinate and supervise the work of others.
  • At least 5 years of experience.




Method of Application

Submit your CV and Application on Company Website : Click Here

Closing Date : 31 December. 2023





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