Economic Research Analyst
Finance

Economic Research Analyst

Looking to hire your next Economic Research Analyst? Here’s a full job description template to use as a guide.

76000
yearly U.S. wage
30400
yearly with Vintti

* Salaries shown are estimates. Actual savings may be even greater. Please schedule a consultation to receive detailed information tailored to your needs.

About Vintti

Vintti specializes in providing US companies with a financial edge through smart staffing solutions. We bridge the gap between American businesses and Latin American talent, offering access to a vast pool of skilled professionals at competitive rates. This approach enables our clients to scale their operations more efficiently, reduce hiring costs, and invest in growth opportunities without compromising on quality.

Description

An Economic Research Analyst plays a critical role in understanding and interpreting economic trends to help inform business decisions, policy-making, and strategic planning. This position involves conducting thorough research and analysis of economic data, market trends, and financial information to identify patterns and insights. Armed with strong analytical skills and proficiency in statistical tools and economic models, Economic Research Analysts produce reports, forecasts, and presentations that communicate complex information in a clear and actionable manner. Their work supports the organization in navigating economic conditions, anticipating market changes, and making informed decisions.

Requirements

- Bachelor's degree in Economics, Finance, or a related field (Master's degree preferred).
- Proven experience as an Economic Research Analyst or in a similar role.
- Strong understanding of economic theories, principles, and methodologies.
- Proficiency in statistical software and tools such as STATA, R, SAS, or equivalent.
- Advanced knowledge of econometric modeling and forecasting techniques.
- Excellent analytical and quantitative skills.
- Ability to collect, compile, and interpret complex data sets.
- Strong research skills and experience with financial databases, government reports, and market surveys.
- Exceptional written and verbal communication skills.
- Ability to prepare detailed reports, research papers, and presentations.
- Understanding of global, national, and regional economic developments.
- Creative problem-solving skills and the ability to provide strategic recommendations based on economic analysis.
- Ability to work collaboratively with other analysts, economists, and researchers.
- Detail-oriented with a high level of accuracy in work.
- Familiarity with policy documents, regulations, and industry publications.
- Ability to analyze the impact of macroeconomic factors on various economic sectors.
- Strong organizational and database management skills.
- Ability to respond to requests for economic analysis timely and effectively.
- Knowledge of the economic impact of legislation and regulatory changes.
- Commitment to continuous learning and professional development.
- Ability to coordinate with IT departments for software integration.
- Strong time-management skills and ability to manage multiple projects simultaneously.
- High level of integrity and ethics in handling confidential information.

Responsabilities

- Conduct economic research to analyze market trends and indicators.
- Collect, compile, and interpret data from financial databases, government reports, and market surveys.
- Develop and apply econometric models for forecasting economic conditions.
- Prepare detailed reports, research papers, and presentations to communicate research findings.
- Monitor global, national, and regional economic developments impacting business strategies.
- Design and execute surveys to gather primary data for economic studies.
- Provide strategic recommendations based on economic research.
- Collaborate with analysts, economists, and researchers on joint projects.
- Attend and contribute to meetings and discussions on economic research.
- Stay updated with the latest economic research methodologies and industry best practices.
- Review and interpret policy documents, regulations, and industry publications.
- Analyze macroeconomic factors like inflation, exchange rates, and interest rates.
- Develop and maintain databases for storing and accessing economic data.
- Respond to requests for economic analysis from internal and external stakeholders.
- Assess the economic impact of new legislation and regulatory changes.
- Utilize statistical software for quantitative analysis and data interpretation.
- Engage in professional development through training, workshops, and conferences.
- Coordinate with IT departments to integrate new software tools and technologies.

Ideal Candidate

The ideal candidate for the Economic Research Analyst role will have a strong academic background with a Bachelor's degree in Economics, Finance, or a related field, and preferably a Master's degree. They should have proven experience in conducting economic research, with a deep understanding of economic theories, principles, and methodologies. Proficiency in statistical software such as STATA, R, or SAS is essential, along with advanced knowledge of econometric modeling and forecasting techniques. The perfect candidate is analytically minded, with exceptional quantitative skills and the ability to interpret complex data sets accurately. Their strong research capabilities will be demonstrated through an aptitude for collecting and analyzing information from a variety of sources, coupled with the ability to prepare detailed reports and communicate findings effectively. Excellent written and verbal communication skills are crucial, as the role involves preparing comprehensive reports and presenting insights to stakeholders. The ideal candidate is a proactive and self-motivated individual with a high level of intellectual curiosity and a commitment to continuous learning. They should be adept at problem-solving, innovative, and able to anticipate and respond strategically to economic trends. Strong organizational skills and the ability to manage multiple projects are key, alongside a collaborative attitude and the interpersonal skills necessary for effective teamwork and stakeholder engagement. Integrity and ethics in handling confidential information are paramount, as is a dedication to accuracy and relevance in maintaining extensive databases. Finally, the ideal candidate will exhibit a strategic mindset, flexibility in a dynamic work environment, and the ability to translate complex economic concepts into actionable insights for stakeholders, ultimately supporting informed decision-making within the organization.

On a typical day, you will...

- Conduct detailed economic research and analysis on various market trends and indicators.
- Collect, compile, and interpret data from a wide range of sources, including financial databases, government reports, and market surveys.
- Develop econometric models to forecast economic conditions and assess the impact of economic policies.
- Prepare comprehensive reports, research papers, and presentations to communicate findings and insights to stakeholders.
- Monitor and analyze developments in global, national, and regional economies that could affect business activities and strategies.
- Participate in the design and execution of surveys to gather primary data necessary for specific economic studies.
- Provide recommendations based on economic research to support strategic decision-making processes.
- Collaborate with other analysts, economists, and researchers to develop joint economic research projects.
- Attend and contribute to meetings, discussions, and presentations related to economic research and developments.
- Stay updated with the latest economic research methodologies, techniques, and industry best practices.
- Review and interpret policy documents, regulations, and industry publications related to economic trends and changes.
- Analyze the effects of macroeconomic factors like inflation, exchange rates, and interest rates on different sectors of the economy.
- Develop and maintain databases for economic data and ensure the accuracy and relevance of stored information.
- Respond to requests for economic analysis and data from internal and external stakeholders.
- Assess the economic impact of new legislation, regulatory changes, and market developments.
- Utilize statistical software and tools to conduct quantitative analysis and interpret complex data sets.
- Engage in continuous learning through training, workshops, and conferences to enhance economic research skills.
- Coordinate with IT departments to integrate new software tools and technologies for improved research efficiency.

What we are looking for

- Analytical mindset with keen attention to detail
- Strong problem-solving abilities
- Excellent communication and presentation skills
- Collaborative and team-oriented attitude
- Proactive and self-motivated
- High level of intellectual curiosity
- Strong organizational skills and ability to manage multiple tasks
- Adaptable and flexible in a dynamic work environment
- Ethical and trustworthy, with a commitment to integrity
- Strategic thinker with the ability to anticipate and respond to economic trends
- Eager to engage in continuous learning and professional development
- Ability to work under pressure and meet tight deadlines
- Innovative and creative in approach to economic research and analysis
- Strong interpersonal skills for effective collaboration and stakeholder engagement
- Proficiency in handling, analyzing, and interpreting large data sets
- Dedication to maintaining accuracy and relevance of information
- Commitment to providing actionable insights based on thorough research
- Ability to translate complex economic concepts into understandable insights for stakeholders.

What you can expect (benefits)

- Competitive salary commensurate with experience
- Comprehensive health, dental, and vision insurance plans
- Generous paid time off (PTO) policy, including vacation, sick leave, and holidays
- Flexible working hours and remote work options
- 401(k) retirement savings plan with company match
- Professional development opportunities, including workshops, conferences, and tuition reimbursement
- Performance-based bonuses and incentives
- Employee wellness programs, including gym memberships and wellness reimbursements
- Paid parental leave and family support programs
- Employee assistance programs (EAP) for mental health and counseling services
- Life and disability insurance coverage
- Opportunities for career advancement and growth within the organization
- Access to state-of-the-art research tools and databases
- Collaborative and supportive work environment
- Diverse and inclusive company culture
- Regular team-building activities and social events
- Employee recognition and reward programs
- Company-sponsored networking events and industry conferences
- Access to mentorship and coaching for career development
- Financial planning and legal assistance resources

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