Senior Economist

Ecobank - Togo (Togo)

Reference 1300000C

Type of Contract CDI

Duration of Contract Indéterminée

Work Experience Au moins 10 ans

Department: Finance & Risk

Position n° 264

Logo Recruteur


About the employer / working context

Ecobank is the largest bank in Middle Africa operating as ‘One Bank’ across 33 African countries with the dual purpose of building a world-class pan-African bank and contributing to the economic and financial integration and development of Africa.   We provide wholesale, retail, investment and transactional banking services to governments, financial institutions, multinationals, local corporates, SMEs and individuals.  The bank has over 18,500 employees, 1200 branches and total assets of $20 billion.  Our three strategic priorities are:

  • Providing world class customer service, embracing technology to offer convenient, accessible and reliable banking

  • Building shareholder value by taking a long-term strategic view and monetising our unique presence in Middle Africa

  • Becoming an employer of choice by attracting, retaining and growing Africa’s best talent

Duties and Responsibilities

Senior Economist - Responsiblities 


Economic Analysis

  • Undertake research and analysis of global, Africa, and country economic and financial market trends and developments under the direction of the Group Head, Risk Management.

  • Keeps abreast of current economic and financial developments—internationally, nationally, and regionally. Uses a high degree of competence in economic analysis to assess the implications of these developments.

  • Establish forecasts for economic growth, inflation and policy rates for countries under coverage and identify gaps with consensus.

  • Perform special research projects into areas of particular market relevance


Data Bases and Data Watching

  • Develop economic data bases, analytical tools and models for capturing, analyzing and displaying important global economic and financial market trends.

  • Analyze economic data releases and policy announcements with the objective of assessing how forecasts are tracking and, importantly, identifying turning points in key economic trends.

  • Develop and maintain economic models and indicators, and gather data, for forecasting and data watching on African economies.


Inputs into Risk Management Process

  • Prepare written reports for publication on global economic issues and trends. Prepare, maintain and update power-point and other presentations for internal and external use, including helping to prepare inputs to the Board Risk Management Committee and the Portfolio Analytics Team.

  • Participate in on-site risk management reviews and examinations related to banks’ use of quantitative techniques in such activities such as credit risk, operational risk, and capital allocation.

  • Frequent communication and presentation of forecasts, data watching analysis, special projects results and general macroeconomic views to risk management and finance teams, and occasionally to broader internal and external forums.


Staff Development

  • Uses a high level of professional competence in economic analysis by participating in the development and teaching of seminars or courses for Risk Managers. Assists senior Department and Bank management on the formulation of risk management policy.

  • Keep informed of academic, central bank and think-tank economic research and thinking

Job Qualifications & Skills / Selection Criteria

  • Minimum of 10 years of experience in global and regional macroeconomic analysis within the financial services industry

  • High degree of familiarity with the functioning of financial markets a strong plus.

  • Strong quantitative background in statistical and econometric techniques;

  • Strong verbal and written communication skills and entrepreneurial orientation are required.

  • High level of creativity in structuring research assignments and deliverables is required.

  • Excellent proficiency with both written and spoken English and working knowledge of French will be an advantage.

Closing Date: Ongoing

Additional Information about the position

Working Language: Anglais

Second Language: Français