Senior Economist or Engagement Manager, Banking and Investment
Summary: Vivid Economics is seeking an Engagement Manager or Senior Economist with expertise and experience in finance and transaction-level investment, especially in the energy, infrastructure and natural resource sectors. The roles of Engagement Manager and Senior Economist bear responsibility for thought leadership, excellent economic and strategic analysis, project delivery and client engagement. The Engagement Manager is a more senior role with additional responsibilities for management of multiple teams and pro-active business development.
About Vivid Economics We are a leading strategic economics consultancy spanning public policy and private sector strategy and investment. We work across a wide range of sectors, including energy, industrials, natural resources (water, land use and marine), transport, real estate, urban infrastructure and services, manufacturing and technology, investment and banking. We are known for our expertise across a number of themes, including economic growth and development, policy and market design, scenario analysis and asset valuation, natural capital accounting and resource management, low-carbon and climate resilience strategies, risk management and decision-making under uncertainty, spatial planning and special economic zones. We pride ourselves on our robust analytic toolkit, drawn from academic partners and proprietary tools, including CGE and econometric modelling, energy and natural system modelling, trade and industrial market power modelling, and spatial modelling using earth observation and other data. In all our work, we put economics to good use by supporting important decisions and carrying the argument to implement them. The success we bring to our clients reflects a strong partnership culture, solid base of skills and analytical assets, and close cooperation with a large network of contacts. The foundations of our business are our values and mission-driven approach, world-class skills and our commitment to developing and maintaining cutting-edge techniques. These are housed in an independent, highly-motivated, entrepreneurial, employee-owned business, based in London.
Description of the role
A successful applicant will be able to analyse new and complex economic problems, design and apply advanced methods, and produce high quality end products. S/he will be expected to manage staff and project delivery to time and budget, as well as to begin to develop client relationships. At the Engagement manager level, s/he will be expected to manage multiple projects, lead the development of junior staff, demonstrate thought leadership, and develop business with key clients.
The candidate will have experience working in or with the commercial and investment banking sector (public and/or private) developing investment strategies, assessing investment pipelines or portfolios, and structuring financing arrangements, including public-private blended finance. A breadth of experience, and the ability to cover multiple topics would be valuable, although candidates may have a depth of experience in only a couple of areas. Areas of expertise might include market and financial due diligence, project and corporate finance, instrument design, and credit risk modelling. Experience in the energy, infrastructure and natural resource sectors would be a bonus, including experience incorporating environmental, social and governance (ESG) considerations into investment and financing decisions.
The geographic focus includes Europe, and a number of countries in Africa, Asia, and the Americas. Some international travel is expected, but should not be extensive unless desired.
While the successful candidate is expected to focus on the role outlined above, they may also be required to contribute to strategic investment and financing decisions by governments (e.g. as part of a public investment programme), and to strategic investment and financing strategies from an investee perspective (including on-balance-sheet financing decisions).
Primary day-to-day duties
At both Senior Economist and Engagement Manager levels:
– structuring and applying economic frameworks to analytical problems;
– developing client solutions, addressing client input, and designing materials that effectively communicate recommendations;
– developing expertise and intellectual property (assets) within the company;
– maintaining and developing relationships with existing clients, as well as a broader professional network;
– keeping updated with knowledge by participating in educational opportunities, reading professional publications and participating in professional organisations;
– coordinating and leading the development of bid materials for a range of private and public clients;
– identifying and contributing to business development and marketing opportunities;
– developing and seeing through plans, forecasting resources, preparing budgets;
– supporting the development of junior staff; and
– participating in company improvements.
At the Engagement manager level:
– leading others is developing client solutions and developing intellectual property (assets) within the company;
– enhancing company reputation by establishing oneself as a recognised authority in the field, and representing the company in external events;
– leading client relationship development and management;
– leading business development and marketing opportunities;
– managing the development of junior staff, including performance reviews; and
– potentially leading on internal change initiatives.
Reporting and supervisory relationships
An Engagement Manager is the primary lead on a set of projects, and will supervise c.4-8 people. A Senior Economist will lead key streams of work in a larger project, or take primary lead on a smaller project, supervising c.1-3 people.
An Engagement Manager will report to either a Director or Principal. Oversight can be limited and an Engagement Manager is expected to take substantial responsibility for delivery of high quality deliverables. A Senior Economist will either report to an Engagement Manager, or in some cases directly to a Director or Principal.
Experience and qualifications
Candidates must have sufficient experience to demonstrate competency in the duties described. As a guide we would expect you to demonstrate experience of consultancy or project delivery. Previous consultancy experience is not necessary but is strongly preferred.
A first class or upper second class degree in economics or a closely related field is required. An MSc/MA or Ph.D. in a relevant field is preferred. Fluency in English is essential. Working knowledge of other languages is an advantage, particularly Spanish or French.
‒ Salary for Engagement Manager of £63,000-£75,000 per year, plus annual bonus
‒ Salary for Senior Economist of £45,000-£57,000 per year, plus annual bonus.
‒ Share options scheme.
‒ 43 days of paid holiday per year, including UK bank holidays.
When submitting your application, please include your CV and a covering letter.
There is no closing date, interviews will be held on a rolling basis until the role is filled.