The Economist

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Economic Analyst

Economic Analyst

ID 
2017-3901
Job Locations 
United States-MA-Cambridge
Function 
Analyst

More information about this job

Introduction

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EIU Canback is a high growth management consulting firm leveraging predictive analytics with an expertise in emerging markets, operated independently under the Economist Intelligence Unit (EIU), the research and analysis division of The Economist Group. While our consulting practices include strategy, M&A due diligence, growth, and corporate finance, we also offer analytic services through the Canback Global Income Distribution Database (C-GIDD).

 

C-GIDD is the world’s most comprehensive and detailed database for GDP and income distribution data at the city level, used for virtually all of our consulting projects, as well as available for individual and corporate clients as a subscription service. C-GIDD covers 213 countries divided into 697 provinces and 997 cities, and includes historical data and projections 2001 - 2027 and national-level data 1970 - 2037. The database provides a breakdown by socioeconomic level and uses hundreds of sources including global bodies like the UN and IMF, national statistics agencies, and sub-national statistic agencies within larger countries.

 

C-GIDD also powers the EIU’s Market Explorer, an online tool for forecasting target markets across countries and cities. What makes C-GIDD unique compared to other services is a) truly global coverage of all countries and qualified cities with no missing data, b) harmonized definitions that make all data points easily comparable, c) unique income distribution algorithm applied to city level.

 

Due to the immense success of this initiative, we are now hiring a dedicated C-GIDD specialist to manage and maintain C-GIDD on full-time basis and further develop the supporting methodology. Keeping C-GIDD aligned with rolling updates from various global and local sources will be the main and ongoing task together with continuous efforts to expand the database and harmonize with EIU data. The Economic Analyst will be based at our Boston office, working closely with the current C-GIDD team to learn and understand the econometric methods underlying C-GIDD, as well as acquire understanding of the numerous data sources and learn how work with statistics, data modelling, and global macroeconomics. Eventually the Economic Analyst will assume most of the responsibilities related to maintaining C-GIDD, developing new extensions and advising C-GIDD customers.

 

If you have an affinity for analytics, love handling large datasets and are interested in deepening your global macroeconomics expertise, please submit your resume and cover letter. 

Accountabilities

In the role you would be expected to:

 

  • Collect, clean, and analyze macroeconomic data from hundreds of sources around the world, as well as harmonize with C-GIDD definitions so that it can be integrated into the main dataset.
  • Handle updates of classic C-GIDD, as well as custom modules (currently there are three).
  • Communicate with existing and potential customers:
    • Support business development team in selling new subscriptions. This includes assisting with contracting, company research, participating in phone conferences, and creating marketing material.
    • Handle inquiries from current customers by answering questions and speaking with customers on the phone.
  • Create custom datasets and data models. This often leads to significant data collection and modelling to fill in missing data points.
  • Manage C-GIDD extended products such as Country Decks.
  • Participate in Research and Development efforts. This includes researching available datasets and integrating them to C-GIDD, as well as improving existing methodology on calculating various data series. It has long been our goal to expand the capabilities of C-GIDD and the EA will be integral to this goal.
  • Assist consulting team on economic datasets and work with EIU team to jointly create new data products.
  • Analyze C-GIDD sales and oversee Google AdWords campaign.

Experience, skills and professional attributes

To succeed in the role you must have: 

 

  • Exceptional analytical skills and insatiable curiosity for global economies. 
  • Post-graduate degree in Economics, Econometrics, or Statistics will be preferred.
  • Demonstrated ability to conduct data cleaning and economic research.
  • Good understanding of macroeconomic, demographic, and econometric concepts.
  • Advanced knowledge of Microsoft Excel.
  • Experience with Stata (desirable).

 

To succeed in the role you will be able to demonstrate: 

 

  • Strong demonstrated quantitative, analytical and conceptual thinking capability, with superb attention to detail.
  • Sound judgement and decision-making ability.
  • Personal price in producing output of high quality
  • Ability to work independently and in team.
  • Accountability / sense of ownership / results-driven mindset.
  • Previous experience of working at the Economist Group is a plus.

 

Relocation to Boston is required. To apply please include a resume, cover letter, and unofficial transcript.