Economist

Systematix Group; Mumbai; On-site; INR 1,800,000 - 2,800,000; Full time

Job summary

Systematix Group in Mumbai seeks an experienced Economist to join its Institutional Equities – Economics Research team. You will develop an independent view on macroeconomic trends in India and globally, forecast key variables, and translate macro developments into actionable investment insights.

The role requires strong expertise in macroeconomic research, economic forecasting, monetary and fiscal policy, financial markets, and investment strategy.

Qualifications

• MA/MSc in Economics, MBA/PGDM in Finance/Economics or CA.
• 6+ years of relevant experience in Economics/Macro Research.
• Independent macroeconomic outlook and forecasting abilities.
• Strong understanding of monetary and fiscal policy and financial markets.

Responsibilities

• Lead macroeconomic research and analysis for Indian and global outlooks.
• Forecast GDP, inflation, interest rates and liquidity; develop forecasting models.
• Analyse policy decisions and their impact on growth, inflation and markets.
• Publish Macro Outlooks, Economic Reports and Policy Analyses.
• Engage institutional clients, present views and respond to queries.
• Collaborate with equity research and strategy teams to translate macro views.
• Mentor junior researchers and contribute to quantitative research.
• Develop data-driven, differentiated research themes.

Skills

Macroeconomic research

Economic forecasting

Monetary policy

Fiscal policy

Investment strategy

Data & quantitative analysis

Excel

Economic/report writing

Presentation to clients

Education

MA/MSc Economics

MBA/PGDM Finance or Economics

CA

Tools

Excel

Job description

Institutional Equities | Economics & Strategy

Experience: 6+ years of relevant experience

Qualification: MA/MSc Economics / MBA (Finance/Economics) / CA

Function: Institutional Equities – Economics Research

Employment Type: Full-time

About the Role

We are looking for an experienced Economist to join our Institutional Equities Research team. The candidate will be responsible for developing an independent view on the Indian and global macroeconomic environment, forecasting key economic variables, and translating macroeconomic developments into actionable investment insights.

The role requires strong expertise in macroeconomic research, economic forecasting, monetary and fiscal policy, financial markets, and investment strategy.

Key Responsibilities

1. Macroeconomic Research & Analysis

• Develop independent views on the Indian and global economic outlook.
• Analyse GDP growth, inflation, interest rates, liquidity, employment, consumption, investment, industrial activity, trade and fiscal indicators.
• Identify key macroeconomic trends, risks and opportunities impacting financial markets.
• Monitor global developments and assess their implications for India.
• Develop and maintain macroeconomic forecasting models.
• Forecast GDP, CPI/WPI inflation, interest rates, liquidity, currency and other key economic indicators.
• Conduct scenario analysis and stress testing around key macro variables.
• Continuously evaluate and update forecasts based on incoming data and policy developments.

3. Monetary & Fiscal Policy

• Closely track RBI monetary policy, Government policies, Union Budget and fiscal developments.
• Analyse policy decisions and assess their impact on growth, inflation, liquidity and financial markets.
• Develop timely research notes around major policy announcements.
• Provide an independent assessment of policy direction and its market implications.
• Translate macroeconomic views into actionable investment and market insights.
• Analyse the impact of macroeconomic trends on equities, fixed income, currencies and commodities.
• Identify sectors and themes likely to benefit from or be impacted by changing economic conditions.
• Work closely with the Institutional Equities research and strategy teams to incorporate macro views into sector and company analysis.

5. Research Publications

• Lead preparation of Macro Outlooks, Economic Reports, Strategy Notes, Thematic Reports and Policy Analysis.
• Publish regular views on the economy and financial markets.
• Prepare pre- and post-event analysis for key economic data releases.
• Develop differentiated research views supported by data and robust economic analysis.

6. Institutional Client Engagement

• Present economic views and investment themes to institutional investors, fund managers and clients.
• Participate in investor meetings, conferences, webinars and client calls.
• Address client queries on macroeconomic developments and market outlook.
• Build credibility and visibility as a subject-matter expert in economics and strategy.

7. Data & Quantitative Analysis

• Analyse large datasets to identify economic trends and relationships.
• Maintain databases of macroeconomic and financial indicators.
• Use statistical and quantitative techniques to support economic forecasts.
• Ensure research is data-driven, accurate and timely.
• Work closely with senior leadership and the Institutional Equities team on macro and investment strategy.
• Provide macro inputs to sector analysts and research teams.
• Mentor junior research professionals where required.
• Contribute to the development of differentiated research products and investment themes.
• Strong understanding of Indian macroeconomics and financial markets.
• Deep knowledge of monetary and fiscal policy.
• Strong economic forecasting and modelling capabilities.
• Ability to connect macroeconomic developments with market and sector implications.
• Strong quantitative and analytical skills.
• Excellent research and report-writing abilities.
• Strong presentation and institutional client communication skills.
• Ability to develop independent and differentiated economic views.
• Strong proficiency in Excel and economic/statistical analysis tools.
• Ability to work under tight deadlines and deliver high-quality research.

Preferred Background

Candidates with experience in:

• Institutional Equity / Macro Research
• Asset Management / PMS / AIF
• Investment Banking / Financial Institutions
• Banks / Treasury / Economic Research
• Economic Consulting / Research Institutions
• Policy Research / Think Tanks

will be preferred.

Educational Qualification

• MA / MSc – Economics
• MBA / PGDM – Finance / Economics
• CA with strong exposure to macroeconomics and financial markets

Candidates from reputed institutes with strong academic credentials will be preferred.

Experience

6+ years of relevant experience in Economics Research, Macro Research, Strategy, Financial Research or a closely related field.

• Independent macroeconomic outlook
• GDP, inflation and interest-rate forecasts
• Macro and policy research reports
• Economic and market strategy notes
• Sector and asset-class impact analysis
• Investment themes and macro insights
• Institutional client presentations and interactions
• Timely analysis of major economic and policy developments