The company

BNP Paribas Real Estate is one of Europe’s leading providers of integrated real estate services, committed to delivering solutions for owners, investors and occupiers. We operate in 6 core business lines; Transaction, Consulting, Valuation, Property Management, Property Development and Investment Management. Our capabilities span across Europe, America, Asia and the Middle East where our team of 3,100 specialists work in 129 offices and manage a worldwide portfolio of €30 billion of assets. We understand the importance of building personal relationships with our clients that are so vital to quality and service delivery. 

 With a growth ambition to continue expanding our capabilities across the globe, BNP Paribas Real Estate is an established industry leader throughout continental Europe.

The role

The International Research department provides support to all BNP Paribas Real Estate business lines in all countries where the company has offices. It is at the heart of a network of research teams across Europe.  The International department has embedded economists within several of the national teams to provide technical support for the national teams and to act as liaison with other members of the International and national teams.

In Spain the Research department provides support to all Spanish business lines and works closely with the Marketing Department.  

The department supports the work of business lines through data analysis, report preparation, presentations to clients and technical advice.  It commissions research from third party consultants and has no fee target. It will re-charge to other departments where a fee is being received and will accept consultancy work where possible.

The European Economist will provide technical support to and be responsible for providing forecast for a number of Southern European countries (Spain, Portugal, and Italy) and Benelux countries (Belgium and Netherlands). She or he will also be a member of an international team co-ordinated by the Head of Real Estate Economics within the International Research department providing pan-European property market forecasts.

Roles and responsibilities

Main Accountabilities

• Providing forecasts of the Spanish property market and building and improving on existing statistical models of the Spanish property market.
• Providing forecast for Portugal, Italy, Belgium and Netherlands property markets.
• Preparing commentary on the Spanish economy and the Southern European property market and making presentations to internal and external clients.
• Supporting the business lines and initiatives as agreed with the Head of Research - Spain.
• Working with the international and other national research departments to achieve corporate business strategies.
• Responsible for managing small projects or subsections of major projects.
• Working independently on most assignments and receiving guidance only on unusual issues.
• Identifying new research initiatives to support business lines.
• Shares knowledge with, and provides information to colleagues and teams.
• Enhances BNP Paribas Real Estate’s reputation through successful delivery.
• Builds own network within national and international business lines.
• Together with the Head of Real Estate Economics; initiate Capital Market Research capabilities. 

Clients and Business Development

• The person has to be proactive in building relationships with internal and external service 

• providers and responsive and helpful to external clients.

People

• Shares expertise with colleagues.
• Proactively communicates to colleagues and others.

Systems and Process

• Works within clearly defined, well established processes under regular supervision.
• Solves problems by following well defined processes and precedents. 
• Consults more experienced colleagues on more difficult or unfamiliar situations.

Company

Person specification

QUALIFICATIONS

Essential

• Good degree and preferably a masters or higher degree.
• Experience in the use of econometric techniques to build real estate forecasting models.
• Experience of research in a real estate environment.

Key Skills/Competencies 

Technical knowledge                  

• Understanding of the economic and geographic principles applied to property markets.
• Understanding of econometric techniques as applied to property markets.
• IT literate and confident in using Excel, Word, PowerPoint and Access and a statistical package, such as SPSS, E-views or similar.
• Some experience of Capital Market Research in Property will be advantageous.

Commercial orientation

• A strong sense of commercial awareness and the need to consistently add value.
• An ability to clearly understand the client’s business and their property agenda.

Analytical capacity

• Ability to synthesis detail into clear conclusions.
• Can demonstrate an ability to grasp issues quickly and identify priorities when faced with complex problems.
• Can make clear, sound, well informed and commercial decisions.
• Confident in giving clear advice to the client.
• Able to think laterally and consider ‘what if’ scenarios.

Management skills

• Able to coordinate work with the strategies of the International and Spanish Research departments and with the International and Spanish Marketing Departments.
• Able to manage a workload with an appropriate sense of priority and urgency.
• Strong attention to detail.

Interpersonal skills

• Clear oral and written communication skills, able to explain technical issues to a wide range of different people.
• Able to present technical issues in an engaging way in reports, seminars and other presentations.
• Confident in talking with clients and participating in client meetings. 
• A strong client service ethos - responds quickly and effectively to clients’ demands.
• Change orientated - flexible in approach to work and an ability to prioritise.

People and team skills

Diversity and Inclusion commitment

BNP Paribas Group in Spain is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity/paternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.