European Economist, Analyst 2 - Associate 1

Job Title: European Economist, Analyst 2 – Associate 1

Job Code: 8327

Country: GB

City: London

Skill Category: Research

Company overview

Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit

Diversity, Equity & Inclusion

Nomura is an equal opportunity employer. We value diversity and are committed to creating an inclusive environment for all our employees. We do not discriminate on the basis of age, disability, gender identity and gender expression, pregnancy and maternity, marriage and civil partnership, race, religion or belief, sex or sexual orientation.

If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.

Department overview:

The macroeconomics team at Nomura is compact – the Chief European Economist is supported by another economist; in addition, there are two FX strategists. The small nature of the team would give the candidate a great deal of opportunity to grow into a wide-ranging role covering European macroeconomics (primarily euro area and UK, but Switzerland and Scandinavia too), reporting to the Chief European Economist.

Role Description

• The ideal candidate will cover European macroeconomics and central banks, focused on the euro area and big four economies – Germany, France, Italy, Spain – the UK, Switzerland, Sweden and Norway.
• Producing thematic research pieces, calling the direction of central bank policy decisions as well as regularly updating their models of GDP and inflation forecasts.
• The candidate will be required to update clients and internal sales/traders on what the latest news means for their policy calls and the risks to the view ahead.
• While primary focus would be on the euro area and UK, the candidate might be expected to spend some time covering Switzerland, Sweden and Norway, albeit to a lesser degree.

Skills, experience, qualifications and knowledge required

• Experience of covering European economies and central banks from a macroeconomic perspective.
• 1-3 years of relevant work experience ideal. Degree in economics/statistics/finance.
• Experience with a European central bank or Treasury desirable but not necessary.
• Ability to present to clients, update views in real time, speak on podcasts.
• Strong technical economic background and quantitative skills.
• Fluency in spoken and written English; familiarity with other European languages a plus.
• Experience in use of Excel/PowerPoint/Python/R. Haver/Macrobond/Economic software a plus.
• Dynamic, entrepreneurial and inquisitive. Enjoys working in teams.

What we offer

• Working in a small team means higher levels of responsibility and client visibility at an earlier stage in the career.
• Exposure to a wide variety of clients and internal risk takers.
• Competitive salary and bonus.
• Client meeting travel.
• Working from the heart of the City of London at Angel Lane.
• Corporate access to Nomura’s Angel Lane’s Gym, GP and more.

Nomura competencies

Culture & Conduct

• Contributes to desired culture
• Aware of different values / styles
• Maintains own and holds others to high standards of behavior
• Seeks to develop
• Aware of impact of own strengths / weaknesses
• Learns from experience

Client-Centricity & Business Acumen

• Demonstrates understanding of current market
• Anticipates client needs
• Pays attention to detail, synthesizes accurately
• Sees problems, recommends solutions

Strategy & Innovation

• Articulates own contributions to divisional and firm-wide strategy
• Embraces and balances new / differing ways of thinking / working
• Makes decisions appropriate to their role, knows when and how to escalate
• Knows when / how to compromise
• Responds positively to changing needs and circumstances
• Is able to change direction quickly

Leadership & Collaboration

• Proactively participates in own and others‘ performance year
• Assists in recruiting and onboarding new team members
• Gives credit to others for positive contributions
• Builds collaborative and productive working relationships
• Provides on-the-job training to colleagues
• Provides and listens to constructive, timely and specific feedback to resolve conflict

Communication & Connectivity

• Adjusts communication style to suit topic / audience
• Balances listening / talking
• Communicates ideas and issues clearly and with consideration
• Questions to understand others’ views
• Is a proven and credible resource
• Builds internal network
• Willingly works with others to share information

Execution & Delivery

• Maintains positive commitment to results
• Takes on challenging assignments
• Executes priority actions on-time
• Keeps stakeholders updated, manages expectations
• Persists when confronted with resistance
• Seeks, listens to and accepts feedback

Diversity Statement

Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation.

Right to Work

Please contact us if you are visiting our offices and require any form of personal assistance or physical adaptations to be provided for your appointment. A member of staff will be happy to help.

Nomura is an Equal Opportunity Employer

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