(696) Economist - ERD

at  South African Reserve Bank

BRIEF DESCRIPTION

The Economic Research Department at the South African Reserve Bank (SARB) is seeking a highly motivated economist specialising in model development, big data, artificial intelligence (AI) and econometrics to contribute to the institution’s economic analysis, forecasting and policy research. The successful candidate will join our model development team and help integrate cutting-edge AI techniques and advanced econometric models into our economic forecasting and data analytics processes.

DETAILED DESCRIPTION

The successful candidate will be responsible for the following key performance areas:

• Develop, enhance and implement economic models for macroeconomic forecasting and policy simulations in line with best practice, which includes using AI methods such as machine learning, natural language processing and big data processing that includes automation to improve efficiencies.
• Present the results of economic modelling and forecasting exercises and policy simulations and/or complex economic phenomena affecting monetary policy.
• Conduct econometric analyses using large and complex datasets to support economic policy decisions.
• Collaborate with cross-functional teams in the development of data-driven insights and predictive models.
• Keep abreast of current developments in AI, data science and econometric techniques, applying them to central bank policies and initiatives.
• Communicate findings through reports, research papers and presentations to policymakers and stakeholders.
• Contribute to the Monetary Policy Review .

• Develop, enhance and implement economic models for macroeconomic forecasting and policy simulations in line with best practice, which includes using AI methods such as machine learning, natural language processing and big data processing that includes automation to improve efficiencies.
• Present the results of economic modelling and forecasting exercises and policy simulations and/or complex economic phenomena affecting monetary policy.
• Conduct econometric analyses using large and complex datasets to support economic policy decisions.
• Collaborate with cross-functional teams in the development of data-driven insights and predictive models.
• Keep abreast of current developments in AI, data science and econometric techniques, applying them to central bank policies and initiatives.
• Communicate findings through reports, research papers and presentations to policymakers and stakeholders.
• Contribute to the Monetary Policy Review