Economist

1 day ago


Delhi Delhi, India BHP Full time

**Date**:4 Oct 2024**Job Posting End Date**:
**Job Country**:India**Job State/Province**:Delhi**Job Location/Region**:New Delhi**About BHP**

At BHP we support our people to grow, learn, develop their skills and reach their potential. With a global portfolio of operations, we offer a diverse and inclusive environment with extraordinary career opportunities. Our strategy is to focus on creating a safe work environment where our employees feel strongly connected to our values and objectives, and where the capability of our people is key to our success.

Come and be a part of this success.

**About the Team**
- The Market Analysis & Economics (MAE) team is BHP’s in-house research and analysis unit. We help to influence and shape value creating decisions through rigorous, independent and innovative research, analysis and forecasting of macroeconomic and commodity market developments.**About the Role**
- We are looking to hire an Economist to join our BHP team in Gurgaon, India office.

You will be a key contributor to our Indian macroeconomic and sectoral forecasts, as well as our global forecasting efforts, to help inform BHP strategy. Beyond traditional macroeconomics skills, professional work experience and/or academic training in agriculture economics will be an advantage.

We provide research support and critical advice to the Commodity and Procurement Analysis and Research teams, as well as Commodity Marketing units. This position will be influential in forming BHP’s view of the global economic outlook.

Reporting to the Manager, Economics and Planning, you will contribute expertise in macroeconomics globally in countries of major significance to BHP. As Senior Economist you will:

- be responsible for short term analysis and long-term forecasting for India, as well as a range of other economies as required. The forecast horizon is out to 2050.
- build competency in, and increasingly contribute to the analysis and forecasting of a number of “end-use” sectors (both industrial and agriculture) of importance to the commodity value chains related to BHP’s portfolio, and
- establish and maintain appropriate relationships within the broader Market Analysis & Economics function within BHP, other country observers, particularly India and the South-East Asian region, economic think tanks and the resources/energy sector.

Your key accountabilities include:
- Works closely with the rest of the MAE team to provide short-, medium
- and long-term assumptions and guidance on the direction of the global economies.
- Establishes and maintains a very strong network and contacts with other country observers, economic and industry think tanks and government economics & policies authorities and the resources/energy industry.
- Monitors the global economy, particularly key commodities consuming and producing countries, to provide timely information, insights and guidance related to the macro-economy as events occur.
- Maintains and improves existing models as well as developing new models to forecast long run macro variables, such as GDP, inflation, and exchange rates, for current and potential demand regions.
- Provides agricultural practise knowledge and experience on crop performance, fertilizer use, soil management practises.
- Assists in maintaining and updating global crop forecast model.
- Delivers research projects that develop views on the macroeconomic development of current and potential demand regions.
- Works closely with the MAE team to be able to predict future opportunities and changes.
- Performs in-depth analysis on the underlying macro issues and industry sectors in order to come up with a comprehensive view on prospects for the resources/energy industry.
- Works with the team to incorporate the impacts from Climate Change to the global economy.
- Identifies and communicates underlying macro issues and their industry implications for the wider analyst team to develop a comprehensive view on prospects for the resource/energy industry.
- Produces insightful written research for a variety of audiences, both specialist and generalist.
- Engages constructively with key internal stakeholders, including commercial, strategic, and executive functions.
- Provides credible and articulate presentations on macroeconomic material to appropriate audiences.
- Employs econometric techniques while working as an ‘internal consultant’ to other teams to address forecasting questions.
- Assists the Vice President Market Analysis and Economics with projects as required.
- Assists the leadership of the Commercial function with projects as required.

**About You**- Demonstrated relevant research experience preferred, and a demonstrable record in analysis and forecasting in a macroeconomic context.
- Degree/Masters/PhD in Economics or related discipline. Post graduate qualifications preferred. Advanced quantitative and qualitative analytical and research skills, practiced in a current or recent forecasting role.
- High


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