Economist

**Career Area**:Finance**:
**Your Work Shapes the World**

Whether it be groundbreaking products, best in class solutions or creating a lifelong career, you can do the work that matters at Caterpillar. With a 95-year legacy of quality and innovation and 150 locations in countries around the world, your impact spans the globe.

When you join Caterpillar, you are joining a team of makers, innovators and doers. We are the people who roll up our sleeves and do the work to build a better world. We don’t just talk about progress and innovation. We make it happen. And we are proud of that, because it helps our customers build and power the world we live in - the roads, hospitals, homes and infrastructure. Without a dedicated workforce Caterpillar could not effectively meet our customer’s needs. Join us.

**About The Position**

As an Economist, you are responsible to analyze economic developments and determine their impact on business opportunities both short
- and long
- term. Develops forecast scenarios and assesses the risks to the company. Summarize findings in both written documents and presentations to management. Provide leadership to one management employee.

**Primary Responsibilities (but not limited to)**
- Reports to the Chief Economist and has responsibility for one or more geographic regions as well as some worldwide activities (such as engines, parts, commodities or exchange rates).
- Follow economic developments in areas of responsibilities and prepare projections of future economic developments.
- Consider alternate developments and assess respective risks. Explain forecasts in monthly S&OP outlooks, bi-monthly Board outlooks, annual target setting outlooks and long-term assumptions.
- Produces economic, industry and market segment studies and other studies and reports as necessary and makes presentations to senior management, regional managers, product managers, dealers and other business units.
- Use economic data and company sales systems to develop proprietary models that link economic developments to company sales prospects.
- Determine the most effective tool (such as regression, time series, or linear discriminators). Monitor and update these systems to ensure the maximum reliability.
- Use developed models to help project company sales prospects (such as machine industries, engine sales to users or parts orders).
- Explain these forecasts to Product/Industry groups as well as upper management.
- Develop cyclical bands around trend forecasts and create alternate scenarios.
- Present findings to Product/Industry groups.
- Follow outside developments in economic theory and forecasting tools to ensure that economic and forecasting tools incorporate the latest research.
- Serve as a Green Belt or Subject Matter Expert on 6 Sigma projects requiring economic expertise.
- Coordinate major studies and projects in conjunction with other Strategy and Business Development divisions.
- Limited travel is required (0 -5% of the time).

**Required Skill and Experience**
- Ph.D. in Economics (or related field) with a good academic background in macroeconomics and statistical procedures.
- Demonstrated an ability to perform sophisticated economic analyses and prepare written reports of findings, as indicated by dissertation work.
- Publications in a refereed journal or knowledge of a foreign language would be positive.
- Excellent communication skills.

**How We Support You (Employee Benefits)**

Our goal at Caterpillar is for you to have a rewarding career. Our teams are critical to the success of our customers who build a better world. Here you earn more than just wage, because we value your performance, we offer a total rewards package that provides day one benefits along with the potential of a variable bonus. Additional benefits include paid annual leave, flexi leave, medical and insurance. (prorated based upon hire date).

The Power of Everyone

**Final Details**

LI-Hybrid

Caterpillar is an Equal Opportunity Employer (EEO).

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