Research Analyst at Skye Bank PLC

Skye Bank PLC has evolved into one of the top financial institutions in Nigeria, after its very seamless consolidation exercise in 2006.
It operates as a group that provides facets of financial products and services powered by a purpose built technological framework that supports the service delivery process to customers.
With a cumulative wealth of experience that spans over 50 years, Skye Bank is historically one of the oldest banks in Nigeria and West Africa. We are quoted on the Nigerian Stock Exchange with over 450,000 diverse shareholders with a shareholding structure that puts no more than 5% in the control of any one individual or company.
Position: Research Analyst
Job Reference: JR - ECN 01

Department: Corporate Planning & Strategy

Job Description:

• Analyze and interpret micro and macroeconomic conditions; and make forecasts from which the Bank can make informed business decisions.
• Plan, design, and conduct researches to aid interpretation of economic relationships within regions, and modified to the Bank's client base.
• Track monetary policy of Central Bank of Nigeria and present management with monthly economic data and analysis addressing how the forecast movement of the economic indicators might impact interest rates, inflation rate, and other monetary and fiscal indices.
• Head and monitor economic research, generating under his/her direction regular economic briefing reports to Executive Management and other users, on the key issues influencing the global economy, Nigerian economy and financial markets.
• Provide invaluable economic understanding of the dynamics of the Nigerian economy, government economic policies, company analysis and the international economic environment for paper content and stories.
• Monitor external economic and social research.
• Make valuable presentations at Management/Executive/Performance Review/Strategy sessions, with a view to addressing current and future economic issues, their impact on the Bank’s business, and attendant recommendations.
• Start the production of a quarterly economic journal by the Bank which could be distributed to internal and external users.

Key Performance Indicators:

• Create awareness in the Bank and provide frequent feedback on the implications of prevailing money market policies.
• Develop of short and long term economic strategies for the Bank.
• Competitive and industry analysis on a quarterly basis.
• Produce an economic journal every quarter.

Qualifications:

• The ideal candidate should have recognized footprints in economics and finance or banking.
• Masters degree in Economics, Finance, or Statistics or related discipline or an equivalent combination of education and experience from which comparable knowledge and skills may be acquired.
• Strong analytical skills in applied macroeconomics.
• Significant understanding of monetary policy, central banking, international financial markets, payment system, and banking regulation, and experience in directing economic research impacting these areas.
• Minimum of 8 years work experience.
• Previous experience in the economic function in a bank/other cognate financial institutions, professional firm, analyst firms economic research agencies, and related institutions is required.

Mode of Application: Follow this link to apply

Application Deadline: 28th Feb. 2014