WMAS Economic Analyst

About the role

The Economic Analyst supports Washington Trust Bank's economic research, thought leadership, and market intelligence initiatives. This role involves monitoring economic conditions, maintaining regional economic dashboards, analyzing trends, and creating actionable insights for clients, prospects, and internal stakeholders.

Responsibilities

• Maintain and enhance regional economic dashboards tracking labor markets, demographics, housing, commercial real estate, business activity, consumer trends, and industry performance.
• Monitor economic indicators, financial markets, Federal Reserve policy, and regional business conditions to identify emerging risks and opportunities.
• Conduct economic, demographic, and industry research using sources like the U.S. Census Bureau, Bureau of Labor Statistics, Bureau of Economic Analysis, Federal Reserve, state agencies, and private data providers.
• Develop written economic commentary, market updates, white papers, articles, presentations, and briefing materials for clients, prospects, and internal stakeholders.
• Aid in preparing quarterly economic outlooks, investment committee materials, client presentations, and executive reports.
• Support the creation of economic content for Wealth Management, Executive Management, and other bank business lines.
• Create thought leadership content for external centers of influence, including attorneys, accountants, business owners, nonprofit leaders, commercial real estate professionals, and community organizations.
• Create charts, dashboards, infographics, and visual presentations to communicate economic trends clearly and compellingly.
• Distribute economic insights through presentations, webinars, videos, podcasts, articles, and social media channels.
• Respond to economic research requests from Wealth Management, Executive Leadership, and other appropriate areas of the bank.
• Assist in developing presentations for client events, community outreach programs, board meetings, and industry conferences.
• Maintain data integrity and documentation standards for economic databases, research files, and dashboard reporting systems.
• Participate in special projects or duties as assigned.
• Perform compliance and risk management duties as required or assigned.

Requirements

• Bachelor’s degree in Economics, Finance, Business, Statistics, Data Analytics, or related field preferred.
• PhD or master’s degree in economics, Applied Economics, Public Policy, Finance, or related discipline preferred.
• Two to five years of experience in economic research, financial analysis, investment research, banking, consulting, or a related analytical role preferred.
• Experience preparing written economic commentary, market research, or industry reports is highly desirable.
• Strong understanding of macroeconomics, regional economics, financial markets, and business cycles.
• Advanced proficiency in Microsoft Excel, PowerPoint, and data visualization tools.
• Experience working with economic databases including FRED, BLS, BEA, Census Bureau, and state labor market information systems preferred.
• Strong presentation and public speaking abilities.
• Ability to manage multiple projects, deadlines, and research initiatives simultaneously.
• Demonstrated curiosity, critical thinking, and attention to detail.
• Strong detail orientation with high level of organizational skills and ability to multi-task, managing interruptions with multiple projects.
• Demonstrated self-motivation and initiative; ability to work well both independently and with others.
• Ability to prioritize assignments and handle multiple priorities while maintaining a high level of service to clients in a deadline driven environment under the direction of management.
• Excellent interpersonal skills; ability to collaborate with and work effectively with diverse groups of people, managing conflict and negotiating for results when needed.
• Strong verbal and written communication skills, including ability to communicate and collaborate effectively with technical and non-technical people.

Qualifications

• Preferred experience working in the financial services industry.
• Ability to work additional hours as required by operational and production work loads.

Benefits

Washington Trust Bank offers a comprehensive benefits package to secure your overall wellness and help you become and remain a fulfilled and productive employee. Benefits include Health, Financial, Retirement, and Work/Life Benefits. For more information, please visit our benefits page.

Pay

WMAS Economic Analyst - $89,158 - $133,795
WMAS Sr. Economic Analyst - $102,125 - $153,187

Schedule

This position is eligible to participate in an applicable incentive plan.