Associate Economist; x2 - ERD

Overview

The main purpose of this position is to support economic analysis, forecasting and policy research conducted by the Economic Research Department of the South African Reserve Bank (SARB).

Detailed description

The successful candidates will be responsible for the following key performance areas:

• Develop, enhance and implement economic models for macroeconomic forecasting and policy simulations in line with best practice. This includes using artificial intelligence (AI) methods such as machine learning, natural language processing and big data automation to improve efficiency.
• Process new and large datasets, including text, images and high-frequency data.
• Contribute to data and model pipelines through data processing and system development.
• Present the results of economic modelling, forecasting exercises and policy simulations as well as complex economic phenomena affecting monetary policy.
• Conduct econometric analyses using large and complex datasets to support economic policy decisions.
• Collaborate with cross-functional teams to develop data-driven insights and predictive models.
• Stay up to date with advancements in AI, data science and econometric techniques, applying them to the SARB policies and initiatives.
• Communicate findings through reports, research papers and presentations to policymakers and stakeholders.
• Contribute to the compilation of the Monetary Policy Review.