Job Purpose:

To carry out economic research under supervision and contribute to the maintenance of the Bank’s econometric models, forecasting tools and analytical frameworks.

Technical / Functional Responsibilities:

To contribute to the planning of research and take responsibility, under supervision and assistance from more senior staff, for allocated strands of research
To maintain and document existing models, forecasting tools and analytical frameworks
To contribute, with assistance from more senior staff, to forecasts and simulations in response to requests from the Bank’s senior management and the ECB
To deliver presentations on economic research and model developments to the Bank’s senior management
To help prepare working papers, reports and articles on allocated research topics or on model developments as required
To help disseminate further the Bank’s research work, for instance by means of short less technical papers and articles, references in speeches and external presentations
To represent the Bank on ESCB working groups as required and help contribute to the ESCB’s joint research efforts
To report on activities undertaken and ensure high-quality work and service throughout
To perform any other ad-hoc duties which may be assigned from time to time

Competencies and Proficiency Levels

Within the context of their specific tasks, the incumbent is expected:

To be truthful and honest;
To have a positive, can-do attitude;
To share the Bank’s intolerance of sexism, homophobia, xenophobia and racism, and to be respectful and caring towards others irrespective of sexual, religious and political orientation;
To carry out their tasks professionally and ethically;
To communicate effectively;
To have a sense of the value of time and priorities;
To respect security and confidentiality; and
To be able to lead and to work in teams as may be the case.

Experience and Qualifications

A Bachelor’s degree at MQF Level 6 in Economics.
A Master’s Degree at MQF Level 7 in Economics or related subjects would be considered an asset.
Some experience conducting research and analysis on macro or micro-economic issues. Knowledge of the Maltese economy, and some familiarity with ESCB forecasting and modelling processes, would be considered an asset.
Some familiarity with relevant statistical methodologies, economic models, forecasting tools or other analytical frameworks.
Proficiency in the use of Microsoft Office applications and some familiarity with econometric software packages, such as Eviews, STATA, MATLAB or R including programming at introductory level.
Sound analytical and communication skills are necessary as is the ability to meet deadlines.
Must have excellent interpersonal and communication skills.
Must be able to work in a team.

Working Relationships and Lines of Communication

Internal

All staff of the Economics Division as required.
Statistics Department to discuss methodological issues and recent data.
Governor’s Secretariat to co-ordinate the preparation of material for Governor

External

National Statistics Office to discuss methodological issues and recent data.
ECB staff in relation to requests for information, replies to questionnaires, etc.
Other stakeholders, like University of Malta research staff, and economists working with the Government of Malta or other NCBs.

Research Economist

Job Description