EDHEC-Risk Climate - Senior Research Engineer Position – Empirical Macroeconomist with Climate Change Focus
We are looking for a senior research engineer in empirical macroeconomics and/or financial economics to begin as soon as possible (the start date is flexible). The researcher will join the EDHEC-Risk Climate Impact Institute (preferably) in London.
The successful candidate will work under the direct supervision of Riccardo Rebonato, Professor of Finance at EDHEC Business School and Scientific Director of the EDHEC-Risk Climate Impact Institute. He/she will join a growing, vibrant team of researchers with a varied academic background (Economics, Physics and Finance). The candidate's work will contribute to inform the decisions of strategic investors and their portfolio construction, financial supervisors and the financial industry on issues related to climate financial risk assessment and management.
Main tasks:
- Coordinate various research strands currently under way focussed on the estimation of the sensitivity of assets, assets classes, factors and strategies to physical and transition climate risk. The ultimate goal is to arrive at the estimation of a ‘climate beta’, to be used in portfolio construction, in the assessment of sectoral strengths and vulnerabilities to climate risk, and in the estimation of the extent to which current prices already embed climate information.
- Contribute original research to the same task by following a bottom-up, empirically-based approach, with extensive use of fundamental financial and extra financial data.
Ancillary tasks:
- Make use of the results above for scenario analysis, stress testing and to estimate the vulnerability and exposure of financial institutions (and of the financial system) to (physical and transitional) climate risk.
Your profile:
- You have a PhD in economics, econometrics or finance, and ideally further research experience in academia or financial institutions;
- Your research output will be grounded in solid (macro)economic theory, but its distinguishing feature will be its innovative empirical contribution;
- You like working with empirical data and to ‘get your hands dirty’ with data analysis; you are comfortable with econometric methods, and you are able and willing to work with incomplete, missing and heterogeneous data (probably not ‘big data’);
- You have strong programming skills, preferably in MatLab;
- You have experience working in collaborative research teams that bring together senior researchers from different specialist backgrounds;
- You are interested to join an interdisciplinary, international team of research, policy and industry experts, to collaborate with finance and policy institutions, and to deliver policy- and industry-relevant research work;
- You are experienced in writing and publishing scientific literature, and you have a strong publication track record;
- You are highly proficient in English (written and spoken).
Terms and conditions are competitive. The salary will be determined according to the School pay scale, based on the candidate’s qualifications and prior experience.
To apply, please send your CV and a cover letter to the attention of Riccardo Rebonato at: [email protected]
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About EDHEC
Operating from campuses in Lille, Nice, Paris, London and Singapore, EDHEC is one of the world’s top 15 business schools. Fully international and directly connected to the business world, EDHEC commands a strong reputation for research excellence and the ability to train entrepreneurs and managers capable of breaking new ground. EDHEC functions as a genuine laboratory of ideas and produces innovative solutions valued by businesses. The School’s teaching is inspired by its research work and a focus on “learning by doing”, all with the aim of equipping people with the skills to succeed in business.
