QNB1384 - Economist

Business Unit: -
Division: -
Department: -
Country: Qatar
Closing Date: 30-Jun-2016
About QNB

QNB Group, the largest Financial Institution in the Middle East and Africa are looking to hire a Economist, to meet the expansion needs of our office in .

QNB has enjoyed continued success with Net Profits of QAR 10.8 billion (USD3 billion) in 2018 (up by 6%) and increased Total assets to QAR 853 billion (USD 234 billion). The Group now employs over 29,000 employees in 1,200 locations, with an ATM network of more than 4,300 machines.

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:
1. Resume / CV