Economist | Delhi

Date:  21-Sep-2022
Job Posting End Date:  04-Jun-2022;11:59:59GMT
Job Country: 


Job State/Province:  Delhi
Job Location/Region:  New Delhi

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 Role

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.

We are looking to hire an Economist to join our team. 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. 


The successful candidate must be able to:

  • 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 China, India and the South-East Asian region, economic think tanks and the resources/energy sector.

Core Accountabilities

  • Positions himself/herself in a key support role on macroeconomic developments.
  • 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 practice knowledge and experience on crop performance, fertilizer use, soil management practices.
  • 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.
  • Performs in-depth analysis on the underlying macro issues and industry sectors
  • 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 
  • 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 and the leadership of the Commercial function with projects as required.

About You

1st class Honours degree in economics, plus a postgraduate qualification preferred. Experience gained in a government economic organization an advantage.

Experience & Technical Competencies
The ideal candidate will have at least 5-8 years of research experience, strong academic qualifications and a demonstrable track record in analysis and forecasting in a macroeconomic context.  Of particular importance are:

  • advanced quantitative and qualitative analytical and research skills, practiced in a current or recent forecasting role.
  • high levels of competency in econometrics and quantitative techniques required for conducting time series analysis, forecasting etc.
  • professional work experience and/or academic training in the Agriculture discipline will be an advantage.
  • familiarity with economic and financial databases and modelling software, e.g. Bloomberg; CEIC; EViews would be a plus.
  • advanced data visualization skills.
  • a strong research network within the economic research and analysis communities.
  • an ability to extract actionable insights under conditions of uncertainty.
  • strong communication and stakeholder and management skills to brief technical and non-technical team members in the company.
  • a Degree/Masters/PhD in Economics or related discipline. Post graduate qualifications are preferred.

About Our Process


At BHP, we are committed to employing individuals who align with the BHP Charter Values and meet the requirements of the role. As part of the recruitment process, there are a number of checks which may be conducted to demonstrate applicants suitability for a role including police / criminal background checks, medical, drug and alcohol testing, due diligence checks, right to work checks, and/or reference checks.


Supporting a Diverse Workforce


The size and magnitude of our business not only provides significant opportunity for professional development, but also attractive salary packages with performance based bonuses and unique BHP employee share program.


At BHP, we recognise that we are strengthened by diversity. We are committed to providing a work environment in which everyone is included, treated fairly and with respect. We are an Equal Opportunity Employer and encourage applications from all qualified applicants regardless of race, colour, sex, national origin, age, religion, people with disabilities, sexual orientation, gender identity, protected veteran status, citizenship, genetic information or other protected status under federal, state or local laws.


We know there are many aspects of our employees' lives that are important, and work is only one of these, so we offer benefits to enable your work to fit with your life. These benefits include flexible working options, a generous paid parental leave policy, other extended leave entitlements and parent rooms.


All qualified applicants will receive consideration for employment without regard to race, color, sex, national origin, age, religion, disability, sexual orientation, gender identity, protected veteran status, citizenship, genetic information or other protected status under federal, state or local laws.


BHP is an Equal Opportunity Employer - Minorities/Females/Veterans/Disability.