US Economist

Natwest Group•Stamford, CT

43d•Hybrid

About The Position

This job description is intended to describe the general requirements for the position. It is not a complete statement of duties, responsibilities or requirements of the role. Other duties not listed here may be assigned as necessary to ensure the proper operations of the department and the business. NatWest Markets Securities Inc. (NWMSI) seeks a Vice President, US Economist for its Stamford, CT location.

Requirements

Must have a Bachelor’s degree in Economics, Finance, Business Administration, or a related field and 5 years of progressive, post-bachelor’s experience in the position offered, as an Economist, or closely related role in the financial services industry.
Full term of required experience must include: Enhancing accuracy of CPI, PPI and PCE forecasts through knowledge of government statistical procedures and methodologies to be used as inputs in economic and monetary policy outlook;
Utilizing input output models and futures prices movements for inflation forecasting;
Utilizing household survey data and tools used to extract CPS microdata for labor market slack analysis to project the labor market outlook, and presenting findings in monthly reports to clients, media and internal business functions;
Utilizing Growth and Trade data forecasting and analysis skills, including EViews-based forecasting skills, to perform econometric analysis, statistical modeling, and economic forecasting for GDP components and publishing monthly forecast updates for clients, media and internal teams;
Utilizing bottom-up (granular microeconomic analysis) and top-down (holistic macroeconomic analysis) inflation models to forecast future price changes and providing comprehensive reporting to internal teams on broad economic trends and specific industry dynamics’ influence on potential returns and risks;
Examining Federal Reserve financial accounts to assess the health of the consumer sector using household balance sheet analysis and development of excess savings estimates;
Providing and developing perspectives on changing market conditions and distilling market analysis into approachable media formats;
Leveraging statistical models, including Vector auto regression and Vector error correction, time-series analysis tools, including principal component analysis and financial market indicators, including energy and commodity futures, to predict key inflation gauges and develop inflation forecasting systems.

Responsibilities

Conduct research and provide economic analysis and insights on monetary policy to support US traders and salespersons.
Collaborate with Chief Economist to form a view on the economic outlook for the US, including forecasts of key economic data and Federal Reserve monetary policy.
Compile, analyze, and report high frequency economic data to explain economic phenomena and inflation, applying mathematical models and statistical techniques.
Participate in and analyze various surveys that track macroeconomic forecasts, business trends, and expert consensus on policy issues.
Write commentary that is distributed to clients, media, and internal business functions.
Provide regular insight and analysis to the sales and trading teams internally to clients who manage portfolios of a variety of asset classes, as well as capital and private markets group at the Bank.