Economic Analyst
Job Description
<strong>Summary</strong><p><br></p>NEOM is the world’s most ambitious project, an accelerator of human progress. NEOM is:<p><br></p><ul><li> An economic engine for the region and the world </li><li> A powerful approach to environmental conservation </li><li> A living laboratory where entrepreneurship will chart the course for a new future </li><li> A home for an international community of dreamers and doers </li></ul><p><br></p>Oxagon is NEOM’s economic and industrial engine, offering exceptional livability while serving as a catalyst for innovation. A new paradigm for advanced and clean industries, driven by innovation, underpinned by exceptional livability in thriving communities. Enabled by an automated port with a fully integrated physical and digital supply chain network, Oxagon will build thriving communities, where people and technology come together in harmony in nature.<p><br></p>The economic analyst is responsible for supporting the Economic Strategy Manager in building the socioeconomic insights capability within Oxagon, to support Oxagon and NEOM’s strategy, in achieving its sustainable economic development goals. The aim is to research and analyze trends in economic data and provide reports or forecasts for the socioeconomic impact of Oxagon and all other relevant external factors, including real estate trends.<p><br></p>The candidate is expected to have skills in analysis and data interpretation and the ability to understand socio-economic trends.<p><br></p><strong>Responsibilities</strong><p><br></p><ul><li> Support the Economic Strategy Manager in developing the socioeconomic insights capabilities of Oxagon. </li><li> Deputize, where appropriate, for the Economic Strategy Manager. </li><li> Prepare presentations and reports for written updates to and meetings with the Head of Strategy Office and other executives at Oxagon. </li><li> Execute and monitor all improvements to the Oxagon Integrated Economic Model (IEM). </li><li> Monitor leading institutions publications to follow new / innovative KPIs, metrics and public policies that could be leveraged in the planning and execution of economic tasks for Oxagon. </li><li> Run and update cost of living assessment every time new data becomes available and share </li><li> insights with senior executives. </li><li> Perform the periodic update of all economic data within the Oxagon Data Repository and subsequent implications. </li><li> Model the impact of public policy and other regulatory changes to assess their financial implications on Oxagon’s strategic objectives. </li><li> Capture data to produce reports on a monthly and quarterly basis changes in economic impact assessments taking into consideration global, regional, and local economic changes, including GDP contribution of Oxagon to the wider NEOM and KSA economies. </li><li> Develop socio-economic assessment models to identify new trends and behaviours that have implications for Oxagon’s strategic objectives. </li><li> Maintain a macroeconomic risk register to support the data analysis team and strategy teams within the Strategy Office. </li><li> Examine socio-economic data to understand and forecast key indicators such as GDP, consumption levels, employment, and general population. </li><li> Ensure the socio-economic assessment sections of all business cases and business plans are all up-to-date and are consistent with each other. </li><li> Generate insights and recommendations and translate them into actionable plans for the Economic Strategy Manager. </li><li> Perform other ad-hoc economic data-related activities that support new business development, investment decision and business strategy of Oxagon. </li></ul><p><br></p><strong>Qualifications</strong><p><br></p><ul><li> 2-3 years of experience in professional environments including economic development agencies, finance, and advisory or strategy consulting roles focused on economic development and national development strategies. </li><li> Undergraduate degree from a top-tier institution in: Business, Economics, Finance, Strategy, Analytics, or any related fields </li><li> Advanced/professional degree in a related field is required. </li><li> Proficient with behavioral economics key concepts and be able to apply these concepts to Oxagon’s decision-making and analyze the implications of different interventions </li><li> Experience in econometric modeling. </li><li> Enthusiastic about employing technological solutions in daily ways of working. </li><li> Ability to manage large amounts of data and design new or improve existing financial and socio- economic models and analytics (including overall P&L, cash forecasting) in Microsoft Excel. </li><li> Compile and consolidate data from multiple data sources and develop findings into presents, reports and economic studies. </li><li> Work closely with the strategy associates to produce data intelligence insights. </li><li> Superior verbal, graphical, and written communication skills in English. </li><li> High proficiency with visualization tools such as Tableau/ Power BI. </li><li> Ability to understand an effective storyboard. </li><li> Experience in providing insights to socio-economic problem-solving tasks.</li></ul>
