Sr Industrial Economist (Hybrid) Job ID 198253 Posted 24-Jan-2025 Service line Advisory Segment Role type Full-time Areas of Interest Research Location(s) Albuquerque - New Mexico - United States of America, Atlanta - Georgia - United States of America, Austin - Texas - United States of America, Boston - Massachusetts - United States of America, Charlotte - North Carolina - United States of America, Chicago - Illinois - United States of America, Columbus - Ohio - United States of America, Dallas - Texas - United States of America, Denver - Colorado - United States of America, Fort Worth - Texas - United States of America, Houston - Texas - United States of America, Jacksonville - Florida - United States of America, Kansas City - Missouri - United States of America, Las Vegas - Nevada - United States of America, Los Angeles - California - United States of America, Nashville - Tennessee - United States of America, New York City - New York - United States of America, Philadelphia - Pennsylvania - United States of America, Phoenix - Arizona - United States of America, Richardson - Texas - United States of America, Saddle Brook - New Jersey - United States of America, San Antonio - Texas - United States of America, San Diego - California - United States of America, San Francisco - California - United States of America, Seattle - Washington - United States of America, Tampa - Florida - United States of America, Washington - District of Columbia - United States of America, Washington, D.C. - District of Columbia - United States of America About The Role: Econometric Advisors (EA) develops datasets, models, and software that provide perspectives and expert forward-looking outlooks on commercial real estate performance. Our subscription-based platform provides unmatched intelligence and differentiated access to market analytics that power the industry’s forward-thinking ideas. As a CBRE Sr Economist, you'll be required to use your skills in econometrics and applied economics to continuously improve EA’s industrial models. Your work will directly improve EA’s suite of tools used by investors, occupiers, and CBRE transaction professionals as they make decisions or recommendations around managing real estate portfolios. This role can sit in any U.S. City within the vicinity of a CBRE office. What You'll Do: •Monitor and interpret economic, demographic, and real estate indicators that inform CBRE’s macroeconomic outlook scenarios used for industrial modeling/forecasting. •Incorporate CBRE’s macroeconomic scenarios and modeled supply as inputs into EA’s proprietary real estate industrial models to produce preliminary forecasts in collaboration with data engineers. •Work closely with other economists, data scientists, and data engineers on research and development projects and continuous model improvement. •Incorporate sentiment gathered from key internal stakeholders. •Audit industrial forecasting outputs in collaboration with EA leadership and prepare them for publishing. •Author and co-author expert industrial commentary and insightful thought pieces that position CBRE as a leading voice in the industry guiding transformational outcome for investors and occupiers. •Maintain quarterly forecasting workflows, apply regular tests to achieve continuous model improvement, analyze relevant data to make substantial contributions to EA’s quarterly industrial commentary, and be responsive to colleagues, clients, and other stakeholders about current and future industrial market dynamics. •Maintain a backlog of research projects in collaboration with others. •Other duties may be assigned. What You'll Need: To perform this job successfully, an individual will need to perform each crucial duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. •Master's degree or PhD in Economics, Finance or any related field with 4-6 experience in the industrial sector or economic forecasting. •Ability to comprehend, analyze, and interpret the most complex business documents and respond effectively to the most critical issues. Ability to write reports, manuals, speeches and articles using distinctive style. Ability to make presentations on complex topics to employees, clients, management and/or public groups. Ability to empower and negotiate effectively with key employees, top management, and client groups to take desired action. •Ability to solve advanced problems and handle a variety of options in complex situations. •Strong analytical and quantitative skills with proven experience in developing strategic solutions for a growing matrix-based multi-industry sales environment. Draws upon the analysis of others and makes recommendations that have a direct impact on the company. •Advanced knowledge of computer software (i.e. Microsoft office Suite Products and Stata) and proficient Excel skills. Experience with statistical software such as Stata, e-views, R or Python. •Ability to work well under pressure with multiple deadlines. •Adept programmers in database and statistical software environments. •Solid understanding of economic principles including microeconomics, macroeconomics, consumer theory, market equilibrium, e-commerce, market structure and relationships within the context of the industrial sector and commercial real estate. Why CBRE? When you join CBRE you will have the support and resources of a global firm where an entrepreneurial mentality is encouraged. You'll realize your potential with exciting work, fast-paced assignments, an environment of constant learning and dedication to results! To enable your success, we provide the best tools, training and leaders in the industry. Our culture is built on our RISE (https://www.cbre.com/about-us/culture-and-history) values and reflects the needs and perspectives of our clients and our people. Our work is guided by our North Star: Crafting the real estate solutions of tomorrow, so businesses and people thrive. Coming to work for CBRE, you will receive a comprehensive benefits package, 401k, and extraordinary perks such as career growth and longevity! CBRE carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for the Sr Industrial Economist position is $145,000 annually and the maximum salary for the Sr Industrial Economist position is $164,000 annually. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience. The application window is anticipated to close on 12/28/2024 and may be extended as needed. Or to express interest in similar roles, visit CBRE.com/careers **Equal Employment Opportunity:** CBRE is an equal opportunity employer that values diversity. We have a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law. **Candidate Accommodations:** CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company’s success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada). **NOTE:** Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter. CBRE, Inc. is an Equal Opportunity and Affirmative Action Employer (Women/Minorities/Persons with Disabilities/US Veterans)