QNB1384 - Economist
-
Business UnitQNB - Financial Services
-
DivisionCorporate Banking
-
DepartmentInformation Technology
-
CountryQatar
-
Closing Date30-Jun-2016
About QNB
Established in 1964 as the country’s first Qatari-owned commercial bank, QNB Group has steadily grown to become the largest bank in the Middle East and Africa (MEA) region.
QNB Group’s presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 28,000 serving up to 20 million customers operating through 1,000 locations, with an ATM network of 4,300 machines.
QNB has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor’s (A), Moody’s (Aa3) and Fitch (A+). The Bank has also been the recipient of many awards from leading international specialised financial publications.
Based on the Group’s consistent strong financial performance and its expanding international presence, QNB currently ranks as the most valuable bank brand in the Middle East and Africa, according to Brand Finance Magazine.
QNB Group has an active community support program and sponsors various social, educational and sporting events.
Role Summary
The incumbent will be responsible for collection, analysis, interpretation and reporting of economic news, data, reports and statistics regarding the economies covered by the Economics Department.
Assist the Senior Economist in the production of the range of publications of the Economics Department.
Assist the Senior Economist in handling daily requests from within business units and from external organisations.
Role Description
Assist in working closely with Corporate Communications and Agency in order to produce publications of the highest standard in terms of look and feel
Produce internal reports for Senior Management to assist them in Strategic Planning, Competitive Analysis, Market Developments and entry into new markets. This is done through publications, economic updates and ‘Economic Insight Reports’ for all countries in which QNB Group operates
Produce customised research to assist other Departments within QNB Group
Meet requests for studies/reports of other Departments, especially international Departments in order to meet business objective or overseas locations by providing needed economic data
Generate and develop new business gathering info/ data from pertinent sources including external research and valuation agencies and also develop relationship management for flow of information
Implement macroeconomic workload based on input received from the Head of Economics or Senior Economist
Assist in working with Group Communications Department assist in preparing material for Publications, Conferences & Events, Press Releases and other publications
Perform research, compilation, analyses, interpretation, and preparation of data on economic conditions
Develop macroeconomic stress tests for the purposes of the ICAAP under the Qatar Central Bank Basel III Regulations
Perform economic forecasts using economic theory and econometric techniques.
Identify economic indicators in respect to trends of the national and local economies.
Analyze complex financial data and extracts and define relevant information
Perform research, analysis, market intelligence, relationship management, co-ordination and finalisation of the Economic Insight Reports, produce the monthly Economic Section for the Alco Report, manage the process of producing the weekly Global Markets Update
Assist in the production and compilation of macroeconomic stress tests for QNB’s Internal Capital Adequacy Assessment Process (ICAAP).
Prepare market intelligence reports on banks activities/strategies in Qatar, GCC and MENA region that would be useful in strategic decision making and benchmarking for Senior Management and business units.
Provide a wide range of information assistance on a near daily basis covering economic, banking, financial, Doha Securities Market, and other sectoral information to foreign embassies, customers, business establishments, financial institutions, educational institutions, local and international media, credit rating agencies, and various other external organizations and business federations.
Devise methods and procedures for collecting and processing data, utilizing knowledge of available sources of data and various econometric and sampling techniques.
Qualifications
Masters Degree in Finance, Economics, Market Research, or equivalent.
Ph.D. in Economics from a top global university of advantage
At least 5 years of work experience within the economic department of a global financial institution
High degree of methodological-conceptual skills including data analysis and forecasting
Experience in writing Macro Economic and Research reports
Note: you will be required to attach the following:
- Resume/CV