Market & Macro Research Analyst Junior/Junior+ [Integrated Risk Management]

Overview

The organization is seeking a Junior Analyst to join the Integrated Risk Management team, focusing on market and macro research.

Integrated Risk Management (IRM) is responsible for owning the company’s risk profile end to end (credit, liquidity, FX and strategic risk) and providing management with independent advice on how to grow without losing control. This role supports that function by monitoring market developments before they impact the portfolio.

Responsibilities

• Prepare the monthly market overview and the quarterly competitor benchmark for senior management, including:
  • growth
  • asset quality
  • profitability
  • insights based on regulatory data (e.g., CNBV) and company reports
• Track Mexico’s macroeconomy and household debt, using inputs such as Banxico rates, inflation, FX, employment, and consumer credit, and translate them into inputs for capital, liquidity, and business-plan scenarios
• Conduct deep dives on banks and fintechs in Mexico, Colombia, and other markets as requested by senior management, covering:
  • business model
  • unit economics
  • revenue sources
  • risk profile
• Estimate market sizes and assess the attractiveness of markets or segments
• Collect, clean, and reconcile financial statements and regulatory data, including identifying restatements, series breaks, and stale figures, and explaining what changed and why
• Produce concise slides and memos in English based on research findings

Requirements

• Education in economics or finance (macroeconomics, corporate finance, banking, or related field) from a strong university
• Solid understanding of how economies, companies, and banks operate, including what drives revenue, costs, and risk
• Ability to read financial statements and work with key metrics such as growth, margins, cost of risk, NPL ratio, and ROE
• Confident Excel skills
• Structured thinking and clear, literate writing, with the ability to build a storyline and create clean slides
• B2 or higher English level (most materials are in English)
• Independence and self-organization skills, including planning work independently in a remote team environment and asking for help early
• Attention to detail, including checking sources, dates, and numbers before drawing conclusions

Preferred Qualifications

• Internships or experience in macro, equity, or industry research (e.g., a bank’s research department) or a similar analytical role
• Reading knowledge of Spanish (many sources are in Spanish)
• SQL or Python experience, or hands-on use of AI assistants (e.g., Claude, ChatGPT) for research and analysis
• Up to 2 years of analytical experience

Compensation & Benefits

• Relocation support to Georgia with assistance for the employee and their family
• Flexible work from one of the organization’s offices or remotely within time zones from GMT-2 to GMT+5
• Healthcare coverage
• Education budget (language lessons, professional training, and certifications)
• Wellness budget (mental health and fitness activity reimbursements)
• Vacation policy (annual leave and paid sick leave as per applicable policies)

Location

Relocation support to Georgia. Flexible work available from one of the organization’s offices or remotely within time zones from GMT-2 to GMT+5.