Senior Econometrician
Reporting to the Chief Economist in the Financial Stability & Macroprudential Monitoring Group, the Senior Econometrician is responsible for supporting and contributing to economic research on financial stability and macroprudential and crisis management frameworks and models. The Senior Econometrician will play an integral role at CIMA in aiding the Supervisory Divisions in the design and validation of models for micro stress testing of financial institutions and macro stress testing of subsectors and the overall financial sector in the Cayman Islands.
RESPONSIBILITIES:
- The successful candidate will:
- performs econometric modelling and assist with the development and monitoring of a national Macroprudential and Financial Stability framework, including early warning indicators, policy tools and crisis management framework;
- Assist the Supervisory divisions and provide support in the application of model results;
- Develop and optimize internal forecasting tools as well as scenario planning to provide key recommendations to the financial stability function;
- Review and update the methodology for the identification and supervision of systemically important financial institutions;
- Use strong writing and interpersonal skills, and strong IT skills in data presentation and visualization to communicate complex quantitative analysis in a comprehensible and actionable manner to internal and external stakeholders;
- Support the research of the Financial Stability & Macroprudential Monitoring Group by supporting ad-hoc statistical research requests of Economists and Statisticians;
- Facilitate collaboration of Economics Group, Statistician Groups and the Business Analysts Group, to leverage the Division’s statistical, academic and IT assets;
- Use current IT solutions and best practices to ensure that models are efficient and robust; and
- Develop and support the optimization of sensitivity analysis and scenario planning tools to provide key recommendations to the Financial Stability function.
REQUIREMENTS:
- Master’s degree in Econometrics and five-plus years of applicable experience, or a Ph.D. in quantitative disciplines such as Statistics, Mathematics or Economics with a strong quantitative specialization and relevant experience applied in the financial or regulatory industry.
- Experience with a financial sector regulator or an international standard setting body such as BIS, IMF or World Bank and experience working in an offshore financial centre would be an asset.
- Ability to effectively communicate complex ideas on statistical topics in verbal and written form to both a technical and non-technical audience;
- Experience in data visualization software or reporting tools (SAP BO, Lumira, Tableau, Power BI, XLCubed or others);
- Experience in statistical programming packages (Stata, MATLAB, Eviews, R, Python, Pandas);
- Experience in the development and conduct of stress testing of the financial sector and sub-sectors, modelling, and scenario analysis acquired in the private financial sector or with a financial supervisor; and
- Proficiency in all Microsoft Office applications, such as MS word, Excel, and PowerPoint.
Caymanians, persons possessing Caymanian Status, Permanent Residency, or Residency Employment Rights Certificate need only apply.
Direct applicants only. Applications received from agencies will not be accepted at this time.
Application form may be completed online by visiting cima.ky/careers
Salary: CI $77,929 - $94,519 per annum
Application Deadline: 5 August 2025
(Only shortlisted candidates will be notified)
Application for Employment
Sign up for our E-alerts
Be the first to know about releases and industry news and insights.