Manager, Market Economics

To manage the pricing review and tariff analysis processes, conduct market analysis and research, develop economic models inclusive of cost methodologies and assist in the development of economic policy and regulations, including competition related studies and research.

Job Title:                 MANAGER, MARKET ECONOMICS

Job Summary

 To manage the pricing review and tariff analysis processes within the Authority, conduct market analysis and research, develop economic models inclusive of cost methodologies and assist in the development of economic policy and regulations, including competition related studies and research.

Key duties and responsibilities

1. Ensure the development and implementation of economic business models for the telecommunications and broadcasting environment.
2. Manage the review and reporting on economic policy issues in the telecommunications and broadcasting sectors.
3. Prepare and commission comprehensive reports on research results for the attention of the Executive Officer.
4. Advise the Authority with support from the Finance Division on the most appropriate costing mechanisms and cost models in use and assist in the determination of the most appropriate model to be used for pricing various services (e.g., interconnection, domestic, international access).
5. Provide results arising from the conduct of international comparisons of prices and penetration rates for various telecommunications and broadcasting services.
6. Conduct periodic dominance assessments and report on remedies to address any anticompetitive behaviour in the telecommunications and broadcasting markets.
7. Report on competition issues and other economic trends in regulated markets locally and internationally (e.g., profile of competitors and emergence of alternative service providers,) to management and the Board.
8. Provide advice on pricing regulation, competitor service tariffs, benchmarking, costing methodology and procedures.
9. Advise the Authority on pricing structures for regulating wholesale and retail service rates in a competitive and converged telecommunications and broadcasting environment, taking into consideration the effects of technology advancements in the delivery of these services.
10. Manage the process which results in recommendation for the approval of rates, terms and conditions of retail and wholesale services in the telecommunications sector.
11. Monitor, and/ or participate in, the activities and work of the relevant international and regional regulatory agencies, and report on emerging recommendations for modeling and rate analysis.
12. Report on economic and market feasibility studies conducted for existing and emerging telecommunications and broadcasting markets in the local and international industry using financial, statistical and demographic data.
13. Assist in the development, review and maintenance of the Authority’s fee regime for numbers, spectrum and concessions.
14. Manage and coordinate the activities of the Market Economics Department in consultation with the Executive Officer, Policy, Planning and Economics, and ensure they are within budget and in line with organization strategy as communicated from time to time.
15. Ensure a safe and harmonious work environment by treating staff issues and resource requirements in a consistent and timely manner in accordance with the Authority’s policies and procedures.
16. Set performance objectives, monitor goal attainment and conduct staff performance appraisals in accordance with the performance management system.
17. Comply with the HSE policy & procedures of the Authority and cooperate with workplace health and safety measures and initiatives.
18. Ensure risk management activities for areas of responsibility are implemented, regularly monitored and maintained and regularly inspect work areas and activities of subordinates to identify hazardous working conditions and implement corrective actions.
19. Perform other related duties as required by job function.

Qualifications and Experience     

Education as evidenced by:

1. Recognized bachelor’s and master’s degrees in economics
2. Further qualifications with specialization in econometrics
3. An MBA would be an asset.

  Minimum Experience

1. Minimum of seven (7) years’ working experience at a managerial level or equivalent in economic policy and planning, econometric modeling, rate analysis, tariff preparation and research, of which a minimum of three (3) years includes supervising professional staff
2. Experience in a telecommunications environment would be an asset.

Core Competencies:

1. Economic modeling, pricing and research techniques
2. Data gathering and analytical techniques, inclusive of conducting interviews and surveys
3. Econometrics and the use of mathematical techniques such as calculus, game theory, and regression analysis to formulate economic models
4. Statistical and economic related software e.g. STATA, SPSS, EViews
5. Research and analytical skills to monitor economic trends and develop forecasts for the industry
6. Sampling techniques to conduct surveys, and various mathematical modeling techniques to develop forecasts.
7. Both microeconomics and macroeconomics principles