Job Vacancy - Oxford Economics - Lead or Senior Economist, Economic Impact Consulting (London)

We are looking to hire a Senior or Lead Economist to join the consulting directorate of Oxford Economics. The team tackles a wide range of questions raised by our clients, from quantifying the economic, environmental and social impact of major companies and industries, evaluating the effect of COVID-19 on industries throughout the EU, to estimating the value created by cultural institutions.

This role will be based within the Economic Impact consulting team. Consulting projects usually run for between two and six months, and culminate in a report or presentation to a client. At any one time there are around 30 projects in progress across the consulting directorate, which currently comprises approximately 35 staff.

About the Lead Economist role


The Lead Economist role will involve making substantial contributions to major projects, and acting as project
manager for other projects.


Lead Economists work closely with Associate Directors on all aspects of a client engagement for larger projects,
ranging from inputting in to designing the methodology and writing a proposal, through to project management,
undertaking the analysis, and communicating the results to the customer. Project teams typically also include one
or two senior economists and, when necessary, specialist econometric modellers.


A core part of the role will involve implementing quantitative models using a variety of analytical tools such as IO
modelling, cost-benefit analysis, or econometric analysis. The post-holder will report to an Associate Director.


Job Description
Key elements of the role include the following:
• Project managing and overseeing a number of research studies;
• Ensuring robust and rigorous economic analysis in the delivery of consultancy projects;
• Applying and assuring quantitative analytical techniques as applied to large datasets;
• Handling clients and potential clients effectively and developing Oxford Economics’ relationship with
them;
• Leading the production of research proposals, project reports and presentations;
• Planning and structuring projects, and coordinating input from a range of team members, ensuring
sufficient time for quality assurance;
• Being entrepreneurial and proactive in the identification and pursuit of new business opportunities; and
• For the right candidate, line management of one or two team members, to ensure resources are allocated
efficiently and to support professional development.


Person Specification


This exciting role would suit someone with at least seven years’ experience as a professional economist. The
successful candidate will be rigorous, adaptable and creative in seeking solutions to difficult economic questions.


Lead Economists should also have the following attributes.


Essential:
• Extensive experience of client-facing work and the ability to develop commercial relationships with
potential clients;
• Substantial experience of economic analysis, including familiarity with analytical techniques such as IO
modelling, cost-benefit analysis and econometrics.
• Excellent analytical skills;
• Evidence of being proactive and creative in using economics to answer (external, internal or policymaker)
clients’ questions;
• Very strong written and verbal communication, including the ability to explain economic concepts and
quantitative results, as well as their implications, to non-specialists; and
• Excellent attention to detail and a commitment to going the extra mile to produce rigorous, accurate
work, within the constraints of the time and resources available.


Desirable:
• A post-graduate degree in economics;
• Experience with quantitative analysis software such as Eviews, R, Stata;
• Experience of client-facing work and the ability to develop commercial relationships with potential clients


About the Senior Economist role


Senior Economists in the consulting team typically work on two or three research projects at a time, and are
expected to contribute in a wide variety of ways, from statistical modelling and data analysis, drafting reports to
a high standard and explaining results. With greater experience, Senior Economists will progress to managing
consultancy projects, designing analytical frameworks and leading interactions with clients. Some specific types
of analysis undertaken by our economists include developing models based on input-output tables or econometric
analysis, or quantifying economic impacts using such tools as SROI and cost-benefit analysis. Candidates with
technical experience of analysing large household survey microdata (such as the labour force survey) or practical
experience of consultancy work could have an advantage.


The role offers an excellent opportunity to work with our diverse range of clients based all over the world and in
all sectors. As well as strong quantitative analytical skills, our economists excel in written and verbal
communication, allowing them to explain complex concepts in a clear and accessible way. Economists also have
the opportunity to work with senior colleagues in ideas generation and the production of new research proposals
for potential clients.


Job Description


Key elements of the role include the following:
• Undertaking robust and rigorous economic analysis in the delivery of consultancy projects;
• Taking the lead on aspects of project work, with progression to managing projects.
• Applying quantitative analytical techniques to large datasets using software such as Excel or Stata;
• Communicating with clients and potential clients effectively, responding promptly and positively to their
enquiries, with progression to handling existing and potential client relationships more fully;
• Working with senior colleagues to develop research proposals, project reports and presentations, with
progression to leading on the development of new proposals;
• Being able to plan and structure one’s own project work, ensuring sufficient time for quality assurance
from senior colleagues; and
• Taking the initiative in suggesting ways to strengthen the quality of our analysis; with progression to
proactively developing new business opportunities.


Person Specification


Senior Economists will be expected to have at least four 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.


Essential:
• Experience of quantitative economic analysis and dealing with a variety of data;
• Evidence of successful quantitative project work and report-writing;
• Strong skills in Excel and the manipulation of large datasets;
• Evidence of being creative in using economics to answer practical questions;
• Excellent written and verbal communication, including the ability to explain economic concepts and
quantitative results, as well as their implications, to non-specialists; and,
• Attention to detail and a commitment to going the extra mile to produce rigorous, accurate work, within
the constraints of the time and resources available.


Desirable:
• A post-graduate degree in economics or a closely related quantitative discipline;
• Familiarity with analytical techniques such as IO modelling, cost-benefit analysis, or econometrics.
• Expertise or experience of analysing large household survey microdata (such as the Labour Force Survey);
• Experience of client-facing work and a track record of successful quantitative project analysis and,
• Experience with quantitative analysis software such as R, Stata, Python or Eviews.

 

How to Apply

To apply for the role, please submit a CV 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 6th February 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, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.

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.