1. Role Purpose

The Econometrician will be a critical member of the Economic Affairs team, responsible for rigorous quantitative analysis, developing proprietary macroeconomic models, and generating timely, actionable forecasts for key domestic and business indicators. The insights will directly support the NBFC's Treasury, Risk Management, Credit, and Business Strategy functions, ensuring proactive risk mitigation and informed growth decisions.

2. Core Roles and Responsibilities

A. Econometric Modelling and Forecasting

- Model Development: Design, build, and maintain a suite of robust proprietary econometric models (e.g., VAR, VECM, DSGE, Time Series models, and dynamic panel data models) for forecasting State-level macro and micro-economic variables.

- Key Forecasts: Generate regular, high-frequency forecasts for critical indicators relevant to the NBFC, including:

Monetary Policy: RBI repo rate, liquidity conditions, and inflation (CPI/WPI).

Financial Markets: Domestic interest rates (G-Sec, corporate bond yields), INR/USD exchange rate, and credit growth.

Real Economy: GDP growth, industrial production, consumption trends, and sector-specific indicators (e.g., auto, real estate).

- Scenario Analysis: Develop and run various stress-testing and alternative scenario analyses to assess the impact of domestic (e.g., election outcomes, regulatory changes) and global shocks (e.g., US interest rate hikes, commodity price volatility) on the NBFC's balance sheet and portfolio performance.

B. Macroeconomic Research and Policy Analysis

- Policy Monitoring: Continuously track and analyze changes in fiscal, monetary, and regulatory policies in India (RBI, SEBI, Ministry of Finance) and assess their potential impact on the financial sector and the NBFC's specific business segments.

- Thematic Research: Conduct in-depth research on structural themes such as financial inclusion, digital lending impact, credit cycles, and the long-term outlook for the NBFC sector.

- Thought Leadership: Author high-quality, articulate research reports, presentations, and commentaries for internal stakeholders (Executive Leadership, Board) and external clients/media.

C. Risk and Business Support

- Input for Risk Models: Provide validated macroeconomic inputs (e.g., unemployment, interest rates) for regulatory stress testing, Expected Credit Loss (ECL) modelling (Ind AS/IFRS 9), and Internal Capital Adequacy Assessment Process (ICAAP).

- Data Strategy: Identify and integrate new, high-frequency, alternative datasets to improve model predictive power and provide an 'early warning system' for economic turning points.

3. Essential Qualifications and Experience

- Education: Master's degree (M.A./M.Sc.) in Economics, Econometrics, Statistics, Quantitative Finance, or a related field from a premier institution. A Ph.D. will be preferred.

- Experience: 5 to 8 years of dedicated experience in macroeconomic research, econometric modelling, and forecasting, preferably within a financial institution (NBFC, Bank, Asset Management, or Rating Agency) or an economic consulting firm.

Technical Skills (Mandatory):

- Expert-level proficiency in at least one statistical/econometric software package (e.g., EViews, MATLAB, Stata).

- Advanced programming skills in Python or R for data manipulation, statistical analysis, and model implementation.

- Experience with large economic/financial databases (e.g., Bloomberg, Refinitiv, CEIC, CMIE Prowess).

Core Competencies:

- Deep understanding of the Indian financial market structure, regulatory environment, and the mechanics of the NBFC sector.

- Exceptional written and verbal communication skills; ability to simplify complex quantitative results for a non-technical senior management audience.