Economist/Senior Economist
RBC
Job Description
What is the opportunity?
To achieve our mission for RBC to be a leading voice on economic issues in North America and Caribbean, we are growing our team of economists. We are looking for analytical, creative people who excel in an environment where they are challenged to use their intellectual curiosity and abilities to generate insightful analysis backed by rigorous research.
What will you do?
Identify and conduct research on emerging short-term and long-run macroeconomic issues impacting the global economy with a focus on North America and the Caribbean economies.
Preparation of macroeconomic forecasts for Caribbean economies for a wide range of internal and external uses, including those required to execute IFRS9 credit provisioning and other regulatory requirements, as well as associated publications in support of the RBC business and client needs
Contribute to data-driven departmental publications, including Caribbean economic commentary, and ensure best practices are applied in producing all research in order to guarantee the consistency and quality of work that RBC demands
Communicate with Caribbean clients, media, and public groups on your research and actively contribute to group research.
What do you need to succeed?
The successful applicant will have a strong quantitative background to support the maintenance and development of macroeconomic models – a strong background in econometrics and comfort using statistics software (eg. Eviews, R, Python) is required.
Post-graduate degree in Economics, with a keen interest in global macroeconomic developments
Strong professional written and oral communication skills.
Keen interest in the Caribbean economy, public policy, and how global forces are shaping the region’s future
Ability to adapt quickly to demands for research by stakeholders within and outside RBC
Curious, enthusiastic, analytically minded and a team player
Work with a limited amount of supervision and exhibit ability to take lead on projects and initiate new areas of research to be undertaken
Working experience doing macroeconomic current analysis and forecasting
What’s in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation
Leaders who support your development through coaching and managing opportunities
Ability to make a difference and lasting impact
Work in a dynamic, collaborative, progressive, and high-performing team
Opportunities to do challenging work
Opportunities to build close relationships with clients.
Flexible work/life balance options
The expected salary range for this position is $160,000 to $250,000 USD depending on your experience, skills, and registration status, market conditions and business needs.
You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.
RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
Drives RBC’s high-performance culture
Enables collective achievement of our strategic goals
Generates sustainable shareholder returns and above market shareholder value
Job Skills
Communication, Conceptual Thinking, Economic Analysis, Economics, Financial Regulation, Industry Knowledge, Interpersonal Relationship Management, Research Analysis, Statistical Analysis, Strategic ThinkingAdditional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.