Research Economist - Forex & Commodities Desk

Position Title : Research Economist

Department : Forex and Commodities Desk

Business : Global Wealth Management

Forex and Commodities Desk caters to UHNI, family offices and Corporate clients by providing Forex Risk Management, advisory services & hedging solutions.

The role of Economist is responsible for analysing macroeconomic trends, currency markets, and geopolitical events to provide strategic insights and guidance to clients for effective currency trading. Role requires to have a deep understanding of global economic factors, currency dynamics, and the ability to communicate complex economic concepts to diverse clientele.

Role Responsibilities:

- Economic Analysis: Conduct in-depth analysis of global macroeconomic indicators, geopolitical events, central bank policies, and other factors influencing currency movements. Utilise econometric models and statistical techniques to forecast exchange rate movements and economic trends.

- Currency Market Research: Monitor currency pairs, exchange rate movements, and interest rate differentials across major and emerging market currencies. Identify key drivers of currency trends, including monetary policy shifts, geopolitical tensions, and market sentiment, to provide actionable insights to clients. Analyse monetary and fiscal policies of key economies and assess their implications for exchange rates and corporate forex strategies.

- Client Consultation: Provide expert advice and recommendations to corporate clients on currency risk management strategies, including hedging techniques, derivatives products, and optimal timing for forex transactions. Collaborate with Strategists to understand clients' specific needs and tailor solutions accordingly.

- Research and Reporting: Prepare comprehensive reports, presentations, and market commentaries for internal stakeholders and corporate clients. Stay informed about regulatory changes and compliance requirements related to foreign exchange transactions. Clearly communicate complex economic concepts and market insights in a concise and understandable manner.

- Risk Management: Assess the currency exposure of corporate clients and evaluate the potential impact of currency fluctuations on their financial performance. Identify and quantify currency risks associated with international trade, investments, and financing activities.

-Collaboration: Collaborate with internal teams, including products, sales teams, and dealing teams, to coordinate client servicing activities and share market intelligence.

- Continuous Learning: Stay abreast of emerging trends, technological advancements, and regulatory changes impacting the commodities market. Participate in training programs, industry seminars, and professional development initiatives to enhance technical skills and deepen market expertise.

Functional & Behavioural Competencies:

1. Strong understanding of macroeconomic principles and financial markets., CFA/ FRM/ CA preferred

2. Proficiency in econometric analysis and statistical software (e.g., R, Python, STATA).

3. Experience in foreign exchange markets and currency risk management preferred.

4. Excellent analytical skills with the ability to interpret complex data and communicate actionable insights effectively.

5. Ability to work effectively under pressure and meet tight deadlines.

6. Flexibility to adapt to changing market conditions, work under pressure, and priorities tasks in a fast-paced trading environment.