Researcher - Commercial Bank of Ethiopia

The Commercial Bank of Ethiopia would like to invite qualified and interested candidates for the following position.

Researcher

Place of Work: Addis Ababa

Educational Qualification: PhD in, Economics, Statistics, Environmental Science or related fields from recognized universities. A Candidate with strong quantitatively oriented economics degree is considered as appropriate for the post.

Work Experience: Relevant and progressive experience in research, policy analysis and economic modeling. A good research publications record is an added advantage.

Salary: as per the Bank’s salary scale

Term of Employment: Permanent

The Job holder’s key responsibilities will be to:

• Regularly conduct researches of high quality;

• Monitor global and domestic macro economic data, analyze same and prepare timely reports for the board of management and top management’s consumption;

• plan to resolve economic and business problems and develop models to analyze, explain and forecast economic behavior and patterns;

• Regularly advise senior bank managements and government offices on matters such as finance, fiscal and monetary policies, international trade policies, agricultural and industrial polices, etc. and their implications to the Bank and the economy;

• Forecast production and consumption of specific products and services based on records of past production and consumption and general economic and industry-specific conditions;

• Analyze investment opportunities by building investment models to identify niche markets, sector,, etc;

• Analyze relationships between the various economic variables/indictors and market performance; identify drivers of asset returns; back-test appropriate factors, etc;

• Based on analytical sound and balanced methodologies; provide evidence based advisory services on the domestic and global economy;

• Conduct bank specific case studies to give an insight to the management’s decision making process;

• Prepare forecast of income and expenditure, interest rates and exchange rates;

• Study the nature of money, credit and the operation of banks and other financial institutions to develop monetary policies and forecast of financial activity;

• Be responsible for regularly collecting global and local macroeconomic data from reliable sources and make a thorough analysis and presents its findings for the bank and government decision making bodies;

• Will have the responsibility to develop and maintain a network with CBE processes, NBE, MOFED, MOI, MOT, Investment offices, CSA, ECX and other pertinent government and non-government offices to collect time series data for its analysis and use.

• Regularly conduct market intelligence tasks to monitor competitors move and develop counter strategy to maintain and/or expend the market share of the bank;

• Carry out studies on resource mobilization to support the decision making process of the Bank.

• Developing new channels and monitor existing service delivery channels;

• Work with the operational processes to plan, schedule, specify and deliver product and service development plans;

• Responsible for supporting and enforcing the product development process in the bank;

• Perform market analysis to generate information to develop products and services and product solutions to meet market needs and expectations;

• Perform detailed competitive analysis on products and services bf bank;

• Develop new products or services conceptualization, positioning and identifying target market;

• Involve in products and services development and managing existing products;

• Conduct market research in which the Bank product/Service will be rendered to find product trends and gain a competitive edge;

• Work closely with marketing professionals to ensure a successful launch new products;

• Carry out mystery shopping and regularly prepare reports for decision in service delivery;

• Develop product service pricing strategies and policies, and regularly review the bank’s terms and tariffs;

• Regularly support the bank’s core and support process service delivery time and propose new SDT frameworks when the need arises.

• Handle branch regarding and customer classifications into corporate and retail customers based on sound criteria;

• Monitor implementations of new products including carrying out pilot testing.

The ideal candidate should possess the following skills & competencies:

• Ability to work in a team;

• Have deep understanding of the Ethiopian Economy and government strategy;

• Capable of working under a highly pressured professional environment and sensitive to deadlines;

• Ability to communicate and present (in written and orally) clearly and concisely to different audiences;

• Ability to handle confidential and sensitive issues in a responsible and mature manner;

• Ability to handle multiple tasks and functions independently;

• Demonstration of strong personal commitment to learn particular skill;

• Good interpersonal and communication skill;

• Responsiveness to change;

• Good understanding of economic theory and ability to use standard economics software to conduct research and modeling such as STATA or SPSS packages;

• Judgment & Decision making - Considering the relative costs and benefits of potential actions to choose the most appropriate one;

• Work under pressure and meet deadlines;

• Demonstrative commitment to the CBE Mission, Vision, Values;

• Persuading others to change their minds or behavior;

• Thinking creatively - Developing, designing, or creating new applications and advertising layouts, ideas, systems, relationships;

• Computer applications, desktop publishing skill;

Interested and qualified applicants may submit their application, curriculum vitae, 8th grade certificate, one passport size photograph and other credentials within ten consecutive days from the date of this announcement to the Director-Human Resource Management Office at our Head Office 8th Floor, located in front of Ras Hotel. Alternatively, applications may also be sent to Commercial Bank of Ethiopia, Human Resources Management, P.o.Box 255, Addis Ababa. However, the bank has full right to cancel or take any other alternative in this regard.