Economist or Senior Economist - Natural Resources Management

Vivid Economics
London - United Kingdom
S: £37,000-£57,000 plus bonus

The roles of Economist and Senior Economist at Vivid Economics are mid-level roles with responsibility for excellent economic and strategic analysis, project delivery and client engagement. We are currently looking for an Economist or Senior Economist with experience in the natural resources sectors. An ideal candidate would also have experience in additional areas, drawn from global commodity trade and competition, rural & agricultural sector development, and natural resource sector innovation.

About Vivid Economics
We are a leading strategic economics consultancy in the policy-commerce interface and for resource- and environment-intensive sectors, where we advise on the most critical and complex policy and commercial questions facing clients around the world. In all our work, we put economics to good use in supporting important decisions and carrying the argument to implement them. The success we bring to our clients reflects a strong partnership culture, solid base of skills and analytical assets, and close cooperation with a large network of contacts. The foundations of our business are our values and mission-driven approach, world-class skills and our commitment to developing and maintaining cutting-edge techniques. These are housed in an independent, highly-motivated, entrepreneurial, employee-owned business, based in London.

Description of the role
The main duties of an Economist or Senior Economist will be advanced economic analysis and communication of recommendations, and the development of new thematic areas and knowledge assets. A successful candidate is able to analyse new and complex economic problems, design and apply advanced methods, and produce high quality end products. A Senior Economist will be expected to also manage projects and staff, and to begin to develop clients. The candidate will have experience developing concrete recommendations regarding appropriate public policy or commercial strategy. The candidate will have experience analysing investment, extraction and management decisions related to exhaustible and renewable resources. Areas of experience might include rights management; rent extraction and taxation; asset management planning; public, private and mixed financing; the role of institutions; regulatory design; access regimes; tariffs; risk allocation; franchising and concessions. The sector focus includes water, minerals, fisheries, forests and biodiversity. The geographic focus includes Europe, and a number of countries in Africa, Asia, and the Americas. Some international travel is expected, but should not be extensive unless desired.

Primary day-to-day duties
– structuring and applying economic frameworks to analytical problems;
– developing client solutions, addressing client input, and designing materials that effectively communicate recommendations;
– keeping updated with knowledge by participating in educational opportunities; reading professional publications; participating in professional organisations;
– participating in company improvements; potentially leading on internal change initiatives;
– maintaining and developing relationships with existing clients, as well as a broader professional network; and
– in addition, a Senior Economist will be expected to develop and see through plans; forecast resources; prepare budgets; and support the development of junior staff.

Reporting and supervisory relationships
An Economist will generally lead key streams of work for a project, while a Senior Economist may also begin to take the primary lead on a project as a whole.

An Economist or Senior Economist will either report to an Engagement Manager, or in some cases directly to a Director or Principal.

Experience and qualifications
Candidates must have sufficient experience to demonstrate competency in the duties described. As a guide, two or more years of experience tend to be required for an Economist to achieve these competencies, while a Senior Economist tends to require four or more years of experience. Previous consultancy experience is not necessary but is preferred. Previous experience with economic analysis is required.

A first class or upper second class degree in economics or a closely related field is required. An MSc/MA or Ph.D. in a relevant field desirable. Fluency in English is essential. French or Spanish a bonus.

Location of work: London, UK

Compensation range:
– Salary of £37,000-£57,000 per year, plus annual bonus.
– Share options scheme.
– 43 days of paid holiday per year, including UK bank holidays.

How to apply: please submit a CV and cover letter to recruitment@vivideconomics.com with subject line: "Senior Economist, Natural Resources Management”.

Job summary