Economist - Sub-Saharan Africa

Job Description:

Company Overview:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Location Overview:

Our London office is based just a stone’s throw from the magnificent St. Paul’s Cathedral on bustling King Edward Street. Here you’ll find modern workspaces and a state-of-the-art auditorium space. In addition, we’re proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus which have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop terrace and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and medical centre.

The Team:

The Emerging Europe, Middle East and Africa (EEMEA) Economics team is part of the leading Bank of America (BofA) Global Research department. The EEMEA Economics team has been the #1 rated EEMEA Economics team in the Institutional Investor Survey for the past decade. The team is experienced, integrated with strategy desks, and promotes proactiveness and independent thinking.

Role Description:

We are looking to strengthen our coverage of Africa economics, particularly for French-speaking Sub-Saharan Africa countries. We are looking for an Economist to join our London-based economics research team. We are an experienced team of economists made up of a diverse range of people from varied backgrounds who each bring unique skillsets and perspectives. The team is responsible for delivering cutting-edge economic analysis and forecasting key trends in the Emerging Europe, Middle East and Africa region that impact various asset classes in support of our internal and external clients.

The role provides opportunities to grow and lead analysis of some countries, particularly French speaking Africa, developing quantitative techniques and working with big datasets. The team is closely integrated with strategy desks and promotes proactiveness and independent thinking.

Responsibilities:

1. Supporting an experienced economist on coverage of key African countries, including French-speaking Sub-Saharan African countries.
2. Producing regular reports analysing key SSA macroeconomic developments and their impact on a broad range of asset classes.
3. Responsibility for maintaining and producing the regular publications of the EEMEA Economics team.
4. Developing and updating macro models.
5. Responding to external and internal client requests.
6. Developing close relationships with policymakers in the region.

What we are looking for:

1. Graduate degree in economics, finance, or a related area.
2. Previous experience as an economist in academia, policy making or financial sector.
3. Creative thinking and exceptional analytical skills.
4. Advanced interpersonal communication skills.
5. Capable of working effectively both independently and with multiple teams/individuals.
6. Excellent command of both English and French languages.

Skills that will help:

1. PhD is an added advantage.
2. Advanced quantitative skills with ample knowledge of common statistical and econometric packages.

Benefits of working at Bank of America: UK

1. Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner.
2. Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons.
3. 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum.
4. The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.
5. Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.
6. Access to an Employee Assistance Program for confidential support and help for everyday matters.
7. Ability to donate to charities of your choice directly through payroll and the bank will match your contribution.
8. Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.
9. Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

Bank of America:

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.