Senior Economist

Job Description

The Economics group within RBC Global Asset Management (GAM) has a primary purpose of providing macroeconomic guidance to investment teams collectively managing over $600 billion of client assets, contributing meaningfully to investment returns and client outcomes. The Economics group also engages in marketing activities that include producing research and making presentations for clients.

In the role of Economist, you will work under the direction of the Chief Economist. As a member of the Economics group, your role will consist of conducting research, analyzing data, creating models, contributing to economic forecasting, and communicating those findings to the investment teams and clients via publications and orally. For more information, please visit: https://www.rbcgam.com

What will you do?

Provide intellectual leadership within the firm, conducting research into key economic themes and risks of relevance to financial markets

Stay abreast of key economic developments, academic and peer research, advances in analytic tools and the availability of new data sources

Organize and analyze economic data with the assistance of software including Macrobond, Bloomberg, EViews, Excel, PowerPoint and new AI tools

Construct and maintain quantitative models to enhance and streamline our forecasting and understanding of the economy

Contribute to the group’s economic forecasting effort via the synthesis of a wide range of inputs

Communicate economic ideas in written and oral form to investment teams and clients across a variety of formal and informal forums

What do you need to succeed?

Must Have

Master’s degree in economics (or related field)

8—15 years of experience as a professional macroeconomist

Strong analytic and quantitative skills including econometrics

A solid understanding of how the economy and capital markets interconnect

Always learning: an insatiable curiosity about the world and how it works

Adapt quickly: a flexible, non-dogmatic mind that can conceive of multiple scenarios and adjust views as circumstances change

Self-starter: must be organized, able to prioritize and to work independently

Good attention to detail and hard worker

Collaborate well with others, including in sharing a macro view

Strong written and verbal communication skills

Nice to Have

PhD in Economics or equivalent

CFA Charter holder or pursuing

Programming skills in Excel VBA, Python and/or Eviews

Experience with non-North American economies (Europe, Japan, China, India, EM)

Fluency in French

Media training and experience

What’s in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable

Leaders who support your development through coaching and managing opportunities

Ability to make a difference and lasting impact

Work in a dynamic, collaborative, progressive, and high-performing team

Flexible work/life balance options

Opportunities to do challenging work

Opportunities to take on progressively greater accountabilities