Eurozone Economist

Job Description

Title                 Eurozone Economist

Department      Solutions and Multi Asset - Macro Investing

Location          Cannon Street, London

Reports To       Global Head of Macro & Strategic Asset Allocation (SAA)

Level                Associate Director, Grade 7

We’re proud to have been helping our clients build better financial futures for over 50 years. How have we achieved this? By working together - and supporting each other - all over the world. So, join our Solutions and Multi Asset - Macro Investing team and feel like you’re part of something bigger.

Our clients come from all walks of life and so do we.  We are proud of our inclusive culture and encourage applications from the widest mix of talent, whatever your age, gender, ethnicity, sexual orientation, gender identity, social background and more.

As a flexible employer, we trust our people to perform their role in the way that works best for them, our clients and our business. We are a disability-friendly company and  would  welcome  a  conversation  with  you  if  you  feel  you  might  benefit  from  any  reasonable adjustments to perform to the best of your ability during the recruitment process and beyond.

About your role

- Provide macro-economic forecasts for, and analytical insights into, the key economic and policy indicators for the aggregate Eurozone and individual country/sub-regional dynamics (eg. Germany, peripheral economies etc.). This includes forecasting and assessing key macro indicators, analysing government policy, interpreting data releases, and formulating firm opinions on the direction of European policy-making, with a particular emphasis on the ECB.
- Evaluate investment opportunities (from a macro perspective) within the Eurozone, and relative to the G4, by evaluating and forecasting macroeconomic data and contributing investment ideas to the broad asset management team.
- Producing thematic research pieces
- Creating a quantitative framework: developing and maintaining proprietary macroeconomic indicators for various economies
- Critical member of the Global Macro & SAA team with content inputs to global publications and Capital Market Assumptions setting process
- Be an active member and contributor to wider Fidelity forums including the Fixed Income Alpha call, Multi Asset Big Picture and other global meetings across the asset management team.
- Engage with internal clients (mainly PMs) and provide insights on macro topics on the Eurozone and wider team coverage at calls, meetings, etc.
- Support marketing and asset growth initiatives by writing white papers and creating thought leadership content.
 

About you

- Strong academic/degree qualification in relevant subjects (Mathematics, Economics, Computer science, Engineering, Finance etc) and experience as a macro focussed practitioner in either sell or buy-side.
- Relevant years of experience working in a research role covering G4 macro with a focus on the Eurozone
- Strong bilingual ability in an European language (both written and spoken) as well as English is preferred.
- A proven track record in writing, showing insightful and pragmatic economic analysis with an understanding of investment implications, demonstrating original thinking, conviction, open-mindedness and the ability to see a bigger picture.
- Strong written and verbal communication skills.
- Some international travel in this role can be expected.
- Strong team-playing skills, enabling effective relationships across the firm.
- Excellent quantitative skills (Eviews, Matlab or Python), including experience with a range of statistical tools and methods, as well as the ability to integrate them in original empirical work.
- Ability to communicate effectively with the media and deliver thematic presentation to a range of clients in different countries.

Conduct Rule Responsibilities:

The role-holder is expected to meet the following FCA Senior Manager Conduct Rules when discharging the responsibilities set out in this document.

FCA/PRA Conduct Rule (COCON) Responsibilities

I abide by the FCA’s Conduct Rules when discharging my responsibilities described above.

• I must act with integrity
• I must act with due care, skill and diligence
• I must be open and cooperative with the FCA, the PRA and other regulators
• I must pay due regard to the interests of customers and treat them fairly
• I must observe proper standard of market conduct
• I must act to deliver good outcomes for retail customers

As well as the above Code of Conduct Rules (which apply to all employees (bar ancillary staff), as a Senior Manager, I will additionally abide by the following Senior Manager Conduct Rules:

• SMCoC1: I must take reasonable steps to ensure that the business of the firm for which I am are responsible is controlled effectively
• SM2CoC: I must take reasonable steps to ensure that the business of the firm for which I am responsible complies with the relevant requirements and standards of the regulatory system
• SM3CoC: I must take reasonable steps to ensure that any delegation of my responsibilities is to an appropriate person and that I oversee this effectively

SM4CoC: I must disclose appropriately any information of which the FCA or PRA would reasonably expect notice

NB: this is a regulated role that will be subject to enhanced background vetting checks, including a Standard DBS check.

(Outro)

Feel rewarded

For starters, we’ll offer you a comprehensive benefits package. We’ll value your wellbeing and support your development. And we’ll be as flexible as we can about where and when you work – finding a balance that works for all of us. It’s all part of our commitment to making you feel motivated by the work you do and happy to be part of our team. For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.

For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.

As an international financial services organisation, we are in-scope of international regulations in the way that we carry out our work. This position is involved in work that is regulated by the FCA and/or the PRA and their Individual Conduct Rules (COCON) apply to it, along with any other regulation. We provide training on COCON and how it affects our employees. More information about COCON can be found in the Employment Handbook.