Assistant Economist X 2

**Details**:
**Reference number**:

- 433833

**Salary**:

- £41,500 - £45,294
- A Civil Service Pension with an employer contribution of 28.97%

GBP

**Job grade**:

- Higher Executive Officer

**Contract type**:

- Permanent

**Business area**:

- UKEF - Risk Management Group - Pricing and Analytics

**Type of role**:

- Economist

**Working pattern**:

- Flexible working, Full-time

**Number of jobs available**:

- 2

**Contents**:

- Location
- About the job
- Benefits
- Things you need to know

**Location**:

- Westminster, London

**About the job**:
**Job summary**:
Economics and Country Risk (ECR) sits within the Risk Management Group (RMG) of UKEF. The Division works closely with UKEF’s Business Group (BG) to assess the risks of supporting UK exports. ECR is split into 2 G6 branches (1x G6 for Sovereign Risk and 1 G6 for Economic Analysis and Policy).

The Sovereign Risk Team provides assessments of economic and political risk factors related to UKEF’s sovereign business and pricing, as well as recommendations on cover policy and country exposure limits.

**Job description**:
The Country Risk Economist is responsible for the accurate and timely production of sovereign risk reports and supporting the team in providing economic analysis on topical issues that have an impact on country risk.

We are recruiting for multiple roles within:

- Assistant Economist - Asia and South East Africa
- Assistant Economist - Americas and West Africa

**Main Activities**:

- To ensure UKEF’s cover and pricing policies reflect the risk in markets whilst enabling UKEF to meet its objective of supporting British exporters.
- To provide assessments and analysis of economic and political risk factors related to UKEF’s sovereign and corporate business. Produce timely and robust analysis, drawing credible and consistent conclusions.
- To monitor developments across the regions, maintaining and building a high level of expertise and knowledge of country risk and macroeconomic matters.
- Represent the Department’s risk assessments and cover policies to internal and external parties and promote and communicate UKEF’s activities. Provide effective representation at OECD Country Expert meetings (if required), and Cross-Whitehall meetings.
- To work with RAD in the evaluation of case specific risks, including, alongside country and market risk, commodity dependency, oil price risk, microeconomic risk such as the industry environment and regulatory system, business cycles and price volatility, competition, entry barriers and product diversification, banking sector systemic risks and the need for additional security or covenants.
- To assist with the development and help maintain the integrity of the Department’s risk management systems.
- Maintain, expand and keep up to date with international macroeconomics, international trade and risk management theory and empirical developments. This should include reading both relevant academic papers, discussion pieces, attending seminars and conferences.

This list is not exhaustive, and you may be required to carry out additional duties according to business needs.

**Person specification**:
**Essential**:
**Qualifications**:

- Degree in Economics (A)

**Skills/Ability**:

- Ability to analyse and interpret data and to organise and present results. (A, I)
- Attention to details e.g. ability to identify errors, issues, and other anomalies. (I)
- Good oral and written communication skills, including ability to respond with authority and credibility within area of responsibility. (A, I, P)
- Good at listening and ability to network. (I)
- Ability to work unsupervised but know when and where to seek advice. (I, P)
- Ability to share knowledge with others. (I, P)

**Other Requirements e.g. travel, languages**:

- Some overseas travel maybe required. (A)

**Qualifications**:

- Degree in Economics

**Behaviours**:
We'll assess you against these behaviours during the selection process:

- Seeing the Big Picture
- Making Effective Decisions
- Delivering at Pace
- Communicating and Influencing
- Working Together
- Making Effective Decisions
- Delivering at Pace

**Technical skills**:
We'll assess you against these technical skills during the selection process:

- Technical - A 10-minute presentation (provided to shortlisted applicants) based on a topic determined by UKEF and will need to be prepared in advance

**Benefits**:

- Alongside your salary of £41,500, UK Export Finance contributes £12,022 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.
- Learning and development tailored to your role
- An environment with flexible working options
- A culture encouraging inclusion and diversity
- A Civil Service pension with an employer contribution of 28.97%

**Things you need to know**:
**Selection process details**:

- This vacancy is using Success Profiles, and will assess your Behaviours, Experience and Technical