The Economics & Regulation practice in KPMG has grown rapidly since its formation in early 2007. The practice helps clients deal with a wide range of economic challenges, assessing the commercial implications of economic and regulatory changes in the modern economy. An opportunity now exists for a small number of experienced competition economists to join the practice.
The team has expertise in competition policy, litigation support (including tax litigation) and regulation in the telecoms, energy, media, and gambling sectors. The team provides economic arguments, backed where possible with numbers, to help clients make their case in commercial disputes, tax disputes and in their negotiations with the competition and regulatory authorities. It is located in the Forensic offices of KPMG alongside a substantial dispute resolution and litigation support practice of around a hundred professionals and support staff, working across a wide range of industries and countries.
Economic advice is needed on market (demand) forecasts, market definition, anti-trust analysis, submissions and critiques, complex valuations, and cost of capital. The emphasis is on micro-economics, though some macro expertise is useful. Good spreadsheet modelling skills are needed and econometrics would be a useful bonus. Some of the work may be highly technical, and there will be scope to apply the latest economic ideas and theories. But the end product is typically a report that, to be of value, must be clearly understood by a layman.
We are looking for competition economists at the Senior Manager and Manager level with a good academic track record and relevant experience who enjoy using economic arguments to deliver results for clients. The core skill is an ability to use economic theory to turn facts and figures into a compelling narrative, usually with a precise quantitative conclusion. You will work in small teams, often to tight deadlines, in an adversarial environment where rigour and complete accuracy is vital. Disputes experience is also essential.
The ideal candidate will have previously worked in academia or a consulting environment and still maintain a strong active network within different sectors
A postgraduate degree is Economics is highly desirable.