Economist Role - Research - BFSI

Assignment Brief:

Position Title: Research Economist

Department: Forex and Commodities Desk

Business: Global Wealth Management

- Forex and Commodities Desk caters to UHNI, family offices and Corporate clients by providing Forex Risk Management, advisory services & hedging solutions.

- The role of Economist is responsible for analysing macroeconomic trends, currency markets, and geopolitical events to provide strategic insights and guidance to clients for effective currency trading.

- Role requires to have a deep understanding of global economic factors, currency dynamics, and the ability to communicate complex economic concepts to diverse clientele.

Role Responsibilities:

Economic Analysis:

- Conduct in-depth analysis of global macroeconomic indicators, geopolitical events, central bank policies, and other factors influencing currency movements.

- Utilise econometric models and statistical techniques to forecast exchange rate movements and economic trends.

Currency Market Research:

- Monitor currency pairs, exchange rate movements, and interest rate differentials across major and emerging market currencies.

- Identify key drivers of currency trends, including monetary policy shifts, geopolitical tensions, and market sentiment, to provide actionable insights to clients.

- Analyse monetary and fiscal policies of key economies and assess their implications for exchange rates and corporate forex strategies.

Client Consultation:

- Provide expert advice and recommendations to corporate clients on currency risk management strategies, including hedging techniques, derivatives products, and optimal timing for forex transactions.

- Collaborate with Strategists to understand clients' specific needs and tailor solutions accordingly.

Research and Reporting:

- Prepare comprehensive reports, presentations, and market commentaries for internal stakeholders and corporate clients.

- Stay informed about regulatory changes and compliance requirements related to foreign exchange transactions.

- Clearly communicate complex economic concepts and market insights in a concise and understandable manner.

Risk Management:

- Assess the currency exposure of corporate clients and evaluate the potential impact of currency fluctuations on their financial performance.

- Identify and quantify currency risks associated with international trade, investments, and financing activities.

Collaboration:

- Collaborate with internal teams, including products, sales teams, and dealing teams, to coordinate client servicing activities and share market intelligence.

Continuous Learning:

- Stay abreast of emerging trends, technological advancements, and regulatory changes impacting the commodities market.

- Participate in training programs, industry seminars, and professional development initiatives to enhance technical skills and deepen market expertise.

Functional & Behavioural Competencies:

- Strong understanding of macroeconomic principles and financial markets CFA/ FRM/ CA preferred.

- Proficiency in econometric analysis and statistical software (e.g., R, Python, STATA).

- Experience in foreign exchange markets and currency risk management preferred.

- Excellent analytical skills with the ability to interpret complex data and communicate actionable insights effectively.

- Ability to work effectively under pressure and meet tight deadlines.

- Flexibility to adapt to changing market conditions, work under pressure, and prioritise tasks in a fast-paced trading environment.