Economics Senior Manager

Business & Product Management
Saudi Arabia 🇸🇦
October 2, 2023
Full Time

Apply for this job

Email *

Job Description

Position: Economics Senior Manager

Sector: Executive Office for Economic Development

Job Location: Sharma, NEOM

Role Purpose:

The Economic Development Office, or EDO, maximizes economic competitiveness across economic sectors and ecosystems, in support of NEOM’s vision and goals. It operates to enable NEOM’s competitive economy by coordinating with private, public and institutional stakeholders to achieve socio-economic objectives laid out by NEOM’s leadership. Four core pillars describe the EDO: Business Attraction and Support; Ecosystem Enablement; Talent Attraction; Economic Foresight and Planning.

Within this context, the EDO is in the process of building a state-of-the-art Office of the Chief Economist to support NEOM’s strategy, while contributing to the public good of new thinking in the area of socio-economic development. In particular, the Office of the Chief Economist is responsible for providing thought leadership and high-quality analyses to support economic planning and enable economic performance monitoring, reporting and tracking within NEOM. The Office of the Chief Economist also advises on the integration of economic plans and pushes for supportive private sector policies.

The Economics Senior Manager will take a leading role in the planning and execution of the various related workstreams in NEOM’s Economics Department in support of NEOM’s vision and goals – including econometric analysis, scenario planning, macroeconomics and risk simulations

Key Accountabilities & Activities:

  • Assist in recruiting from scratch an Economics team providing inputs and support during the recruitment and onboarding processes
  • Manage multi-disciplinary teams in the planning, coordination, and execution of economic development plans and activities that include research and quantitative modelling
  • Oversee NEOM macroeconomic environment to include fiscal and monetary issues as they relate to the Base economy, where applicable
  • Support disseminating NEOM’s publications prepared by the Department, both internally and externally
  • Support Chief Economist in keeping NEOM’s Executive Management, and Board if necessary, informed of emerging policy developments and challenges, and global economic risks that may impinge on NEOM’s growth and development
  • Support the Chief Economist in establishing the Department’s vision, goals, development strategies and key results in support of NEOM’s objectives and in compliance with NEOM policies
  • Manage the planning, implementation, and supervision of work programs as well as monitor the quality of outputs, achievement of long-term goals and annual objectives for the department
  • Coordinate and cooperate with other NEOM units and internal stakeholders.
  • Lead the planning, coordination, and execution of research activities of NEOM Economics, including collaborative research with other institutions
  • Develop appropriate methodologies for the conduct and monitoring of economic analysis for sector economic impact assessments, investment projects, and other programs
  • Manage the provision of analytical support and macroeconomic analysis to sectors and regions and other departments
  • Oversee the periodic review on a continuing basis for the economic analysis of projects and other economic research and development support work being carried out in NEOM (for eg, Green GDP)
  • Develop & maintain economic fact and data bases required for analytical purposes
  • Review and advise on the technical quality of the socio-economic model, sensitivity analysis and any other models developed
  • Conceptualize & develop the modeling and sensitivity analysis capability of the team with a mix of econometric, linear, non-linear, and sensitivity models based on various economic city models with linkages to external world
  • Source top-class talent and international consultants to develop in-house capabilities in modeling and analytics
  • Leverage new and innovative measurements from international organizations applicable to city wealth creation in a sustainable fashion (e.g., alternatives to traditional GDP models, such as city livability indexes from OECD, World Bank, others)
  • Report on a quarterly basis changes in economic impact assessments taking into consideration global, regional and KSA economic changes to address, in particular, GDP contributions of NEOM

Background, Skills & Qualifications:

  • Master’s degree with focus on econometrics / quantitative analysis or Ph.D. in Economics is required.
  • Exposure to Academia, International Development Agencies, Banking and Finance, and/or private sector is critical.
  • At least 10 years of relevant experience with an excellent track record of economic research and publications in internationally refereed journals; oped contributions; other
  • Experience in economic activities related to translation of research into policy, risk & scenario analysis and behavioral economics
  • Deep understanding of both Orthodox and heterodox economic theory
  • Sound planning, management, and administrative skills
  • A flexible approach to work and a creative, innovative attitude towards problem solving.
  • Demonstrated performance in leading diverse teams of highly qualified professionals
  • Excellent oral and written communication skills in English
  • International experience is a plus

Related Jobs