Oxford Economics

Oxford, OX1 1HB

London, SE1 9PL

About Oxford Economics

Oxford Economics is a leading economic consultancy firm. Founded in 1981 as a commercial venture with Oxford University’s business college, we have since become one of the world’s foremost economic consulting firms. The company is engaged in two main areas of activity. One is our highly respected global macroeconomic and industry forecasting services. The other is our bespoke consultancy service, answering specific economic questions with rigorous analysis on behalf of a diverse range of international clients.

Headquartered in Oxford, with regional centres in London, New York, and Singapore, Oxford Economics has more than 20 offices across the globe. We employ over 300 full-time staff, including 200 professional economists, industry experts and business editors. Our worldwide client base now comprises over 1,200 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 seeking two Economists as part of our expanding Scenarios team. One position will be based in our Oxford office and the other in our London office. The team is responsible for OE’s Global Scenario Services (including bespoke scenario projects, IFRS 9, and Stress testing), model development and publishing research as part of OE’s Global Macro Service. We offer a competitive salary and a success driven promotion system. These positions will report to a Lead Economist, under the wider supervision of the Director of Stress testing, Scenarios and Financial Modelling.

Key responsibilities

  • Working with the Oxford Economics Global Economic Model, the most widely used commercial large-scale macroeconomic model in the world, to produce economic scenarios for a variety of end-uses.
  • Producing and writing up scenarios for the quarterly Global Scenarios Service.
  • Supporting the production and expansion of regulatory stress testing scenarios for clients.
  • Contributing and implementing ideas that will improve the properties of the Global Macroeconomic Model.
  • Supporting the business development team by running model demonstrations for clients.
  • Conducting training for clients and new members of the Scenarios team.
  • Dealing with client queries regarding the Oxford Economics Global Economic Model and scenario analysis.
  • Forecasting and writing macroeconomic analysis on specific economies; write and publish macroeconomic research on global issues and scenario analysis as part of the Global Macro Service.

Skills and experience

  • A strong education in Economics to at least an undergraduate level. A postgraduate degree in Economics is highly desirable.
  • Previous experience in using applied macroeconomic models for forecasting and/or scenario analysis would be advantageous.
  • Knowledge of statistical modelling software (such as Eviews, R and/or Stata) is highly desirable.
  • Excellent analytical and quantitative skills.
  • Ability to demonstrate a good understanding of current economic and policy challenges facing the global economy.
  • Ability to work effectively in teams across different offices and to tight deadlines.
  • Excellent verbal and written communication skills.

Application process

Please send your CV and a covering letter to or apply via the website by 19th November 2018. Once you have submitted your application, we’ll review and check you meet the requirements for the role.

If your application passes the sift then you will be invited to a first-round interview. The interview will cover a range of economic issues relative to the job and will test the competencies required for the role. At this stage you will also be asked to complete a written exercise to test your analytical and communication skills.

Successful candidates will then be invited to a second-round interview with the team’s Director where your understanding of macroeconomics will be tested further.

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