Macroeconomist

Job Description The purpose of the Macroeconomist is to conduct economic research, investigate the dynamic macroeconomic relationships and understand how the economy functions in order to gain a better understanding of how a country’s economy works will impact business cycles, unemployment rates, inflation, interest rates, international finance, and its impact on monetary and fiscal policies. The purpose of the Macroeconomist is to use the macroeconomic research findings to aid RMB and its clients which can be multinational corporations, institutional investors, as well as sovereigns, in making informed economic assessments and developing effective business strategies.

• Build and maintain a suit of macroeconomic models that are used for the production of forecasts for the South African economy.
• Advising clients on global macro trends, both short-term (e.g. inflation, supply chain disruptions) and long-term (e.g., the energy transition, automation of jobs, rise of digital in the economy), as well as other market forces which impact the economy, various industries and company strategies
• Advising clients on how they can enhance enterprise value based on macro, industry, and investor dynamics
• Developing iconic firm-wide thought leadership on macroeconomic trends for external publishing
• Develop engagement strategies focused on helping clients craft rapid, data-driven, and practical strategies to boost their growth and profits.
• Responsible for ongoing analysis and research for key economic trends related to a wide variety of scopes which includes energy, infrastructure, decarbonisation and regenerative initiatives
• Assessing the likely adequacy of the impacts of projects and their associated economic development initiatives
• Provide insights and actionable results in well‑written reports and presentations to clients, as well as defending the findings
• Provide advice and solutions on economic and development issues for private and government clients
• Conduct secondary research and seeking new data sources in order to prepare complete and accurate analysis, reports and recommendations

• Masters in degree in Economics or Econometrics or Mathematics or Statistics with strong economics
• Experience and Skills Proven experience in econometric model building, and modelling and forecasting.
• Experience working with macroeconomic data and analyzing economic trends, as well as a strong grasp of the relationships between different sectors, markets and regions.
• Experience in supporting business development and sales activities.
• Experience with financial analysis and reporting, market analysis, and gathering competitive intelligence, particularly in relation to Strategy Consulting
• Experienced with data and analytics visualization software, as well as econometrics software (e.g., Matlab, Eviews, PowerBI, R, Python, Stata, Tableau)
• Strong quantitative skills and are an analytical thinker with experience in driving insights using statistics or data analysis

#Post #RMB #LI-ZM1

Important Closing Date

Note:

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

10/08/26

All appointments will be made in line with First Rand Group’s Employment Equity plan.

The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

First Rand provides a comprehensive range of financial services in South Africa and certain markets in broader Africa. The group also offers certain niche products and services in the UK and India. Listed on the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange (NSX), First Rand Limited is the largest financial institution by market capitalisation in Africa. The group follows a multi‑branding approach.

Its portfolio of financial services businesses includes FNB, RMB, Wes Bank, Ashburton Investments, Aldermore, Moto Novo and Direct Axis. Many are leaders in their respective segments and markets, offering transactional, lending, investment and insurance products and services. The First Rand Corporate Centre houses many of the critical functions required by a large and complex financial services group. The group's track record of delivering superior returns to shareholders has been achieved through a combination of organic growth, acquisitions, innovation and the creation of completely new businesses.

The group’s purpose of delivering Shared Prosperity provides many opportunities for employees to innovate to address social and environmental challenges in our markets. All of our businesses have successful Volunteering programmes which also allow employees to adopt and support causes close to their hearts.