Senior Economist, Economic Impact Consulting

Application deadline: 29/07/2022
About Oxford Economics

Oxford Economics was founded in 1981 as a commercial venture with Oxford University’s business college to provide economic forecasting and modelling to UK companies and financial institutions expanding abroad. Since then, we have become one of the world’s foremost independent global advisory firms, providing reports, forecasts and analytical tools on more than 200 countries, 250 industrial sectors, and 7,000 cities and regions. Our best-of-class global economic and industry models and analytical tools give us an unparalleled ability to forecast external market trends and assess their economic, social and business impact.

Headquartered in Oxford, England, with regional centres in London, New York, and Singapore, Oxford Economics has offices across the globe in Belfast, Boston, Cape Town, Chicago, Dubai, Frankfurt, Hong Kong, Houston, Johannesburg, Los Angeles, Melbourne, Mexico City, Milan, Paris, Philadelphia, Sydney, Tokyo, and Toronto. We employ 400 full-time staff, including more than 250 professional economists, industry experts and business editors—one of the largest teams of macroeconomists and thought leadership specialists. Our global team is highly skilled in a full range of research techniques and thought leadership capabilities, from econometric modelling, scenario framing, and economic impact analysis to market surveys, case studies, expert panels, and web analytics.

Oxford Economics is a key adviser to corporate, financial and government decision-makers and thought leaders. Our worldwide client base now comprises over 2,000 international organisations, including leading multinational companies and financial institutions; key government bodies and trade associations; and top universities, consultancies, and think tanks.

About the role

We are looking to hire a Senior Economist to join the consulting directorate of Oxford Economics. The consulting team consists of around 55 economists – primarily based in London but with teams operating in New York, Berlin and Singapore. The group tackles a wide range of questions raised by our clients, from quantifying the economic impact of some of the world’s largest airlines and evaluating the effect of restricting competition in the 5G market, to valuing the social contribution of housing and debt-relief charities. Further examples of our work are available here.

In the role, you will primarily work on projects that require econometric, quantitative or technical expertise or more complex applications of economic theory. You will be expected to present and communicate ideas and findings to both colleagues and clients in an accessible style and, therefore, require strong written and verbal communication skills. Typically, you will be working on between one and four projects simultaneously with the intensity of the workload associated with any one project varying depending on the stage of the research. The role offers an excellent opportunity to work with our diverse range of clients based all over the world and in all sectors.

Job Description

Key elements of the role include the following:

  • Undertaking robust and rigorous economic analysis in the delivery of consultancy projects.
  • Applying quantitative analytical techniques to large datasets using appropriate software or programming languages (Excel, Stata, R, Matlab, etc).
  • Taking the lead on aspects of project work, with progression to managing projects.
  • Communicating with senior members of the team and clients and potential clients effectively, responding promptly and positively to their enquiries.
  • Supporting senior colleagues in developing research proposals, project reports and presentations.
  • Being able to plan and structure one’s own project work, ensuring sufficient time for quality assurance from senior colleagues.
  • Taking the initiative in suggesting ways to strengthen the quality of our analysis; with progression to proactively developing new business opportunities.
Person Specification

The successful candidate will be expected to have 3-5 years of prior experience working as a professional economist. The successful candidate will be rigorous, adaptable and creative in seeking solutions to difficult economic questions and should also have the following attributes.

  • An undergraduate degree in economics or a mixed degree that includes economics, statistics or mathematics.
  • 3-5 years’ experience of quantitative economic analysis and dealing with a variety of data.
  • A strong understanding of economic theory and the ability to apply it to answer policy and commercial questions.
  • Proficiency in econometrics software (e.g., Stata) or programming languages (e.g., R/Python/Matlab).
  • Advanced Excel skills – knowledge of advanced functions (V/H lookups, Index, Nested If-then-else, etc.) and experience in formula auditing.
  • Strong written and verbal communication, including the ability to explain economic concepts and quantitative analysis, findings, assumptions and their implications, to non-specialists.
  • Attention to detail and a commitment to going the extra mile to produce rigorous, accurate work, within time and resource constraints.
  • An advanced degree in statistics, mathematics, applied econometrics, applied economics, business economics or a related quantitative field.
  • Familiarity with analytical techniques such as IO modelling and cost-benefit analysis.
  • Expertise or experience of analysing large survey-based microdata.
  • Experience with causal inference and experimentation methods, such as difference in difference, matching, regression discontinuity designs, and instrumental variables. Experience with probabilistic modelling, dynamic optimisation and/or reinforcement learning would be ideal.
  • Familiarity with elements of machine learning, natural language processing, data infrastructure, and version control systems.
  • Experience of client-facing work and a track record of successful quantitative project analysis.

Location: Oxford Economics’ London office at 4 Millbank, Westminster, London, SW1P 3JA.

How to Apply

To apply for the role, please submit a CV, example of past work, and covering letter, detailing how you meet the person specification and where you have relevant experience of elements and attributes of the role. The closing date for applications is July 29 2022.

Oxford Economics is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, colour, gender, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by governmental or local laws.

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