Economist – Bank of Botswana

Job Description

The Bank of Botswana invites applications from suitably qualified and self-driven citizens of Botswana to fill the following vacancies.

• Main purpose of the job

To develop and maintain the Bank’s macroeconomic forecasting models to support the Bank’s forward-looking monetary policy framework and conduct macroeconomic-related research for policy formulation.

• Duties of the job
• Regularly updates time series data and produce inflation forecasts;
• Reviews and implements changes to the forecasting models;
• Evaluates performance of the forecasting models and recommends improvements;
• Prepares research papers on modelling and forecasting transmission mechanism of the monetary policy and other issues related to economic policy;
• Prepares contributions to the Monetary Policy Report, Monetary Policy Statement. Annual Report and other relevant Bank documents;
• Produces monthly inflation highlights;
• Monitors and evaluates the impact of domestic and external economic developments on inflation to inform monetary policy; and
• Monitors, calculates and evaluates the impact of administered prices on inflation to inform the monetary policy.
• Job Requirements

Master s degree in Economics, Econometrics, or related quantitative field OR a Bachelor’s degree in Economics, Econometrics, or quantitative related field plus two (2) years post qualification experience.

• Added Advantage
• Good knowledge of econometric packages such as EViews. MATLAB. R and Python.
• Skills on programming, coding, machine learning and the application of big data.
• Competencies
• Technical and Research skills in Econometric Modelling
• Problem Solving
• Analytical Thinking
• Decision-making
• Good Communication and Writing Skills
• Data Management Skills
• Accuracy and Attention to Detail
• Teamwork