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CO - Economist and Budget Analyst

  • 1.  CO - Economist and Budget Analyst

    Posted 29 days ago
    Edited by Lauren Cummings 29 days ago

    Position: Economist and Budget Analyst

    Salary Range: $60,000 - $70,000 annually, dependent on qualifications

    Experience: Typical candidates for this role will have 2-4 years of directly relevant experience 

    Department Information: The Governor's Office of State Planning and Budgeting (OSPB) advises the Governor on complex budget and policy issues. OSPB manages all aspects of the state's budget and seeks to leverage it to the benefit of all Coloradans. 

    We believe that diverse teams produce better results and encourage people of a variety of backgrounds and qualifications to apply. 

    Description of Job

    OSPB Staff Core Competencies:

    • Advance the Governor's agenda and promote fiscal responsibility

    • Develop and apply technical budget and policy expertise to shape decision making

    • Demonstrate analytical rigor, precision, thoroughness, and accuracy

    • Cultivate collaborative relationships with internal and external partners

    • Contribute to a professional, respectful, welcoming, and fun office culture

    What you will do: Conduct analysis on Colorado's economic situation and recommend policies to strengthen economic performance. Analyze state tax policies and revenue trends and how they affect the State's fiscal outlook. Manage the budget of one or more state agencies, identify and advance creative, cost-effective, and evidence-based solutions to public policy problems. Provide rigorous quantitative and qualitative analyses on the major issues facing our state and communicate results and recommendations to policymakers. OSPB analysts are expected to become leading experts on the issues and agencies in their portfolios.

    Specific Responsibilities: 

    Economic and Revenue Forecasting (40%)

    • Support development of OSPB's quarterly economic and revenue forecasts to inform policymakers and assist in budget preparation and planning

    • Research and report on Colorado's economic and fiscal issues, especially factors influencing state economic performance and revenue collections

    • Respond to questions from OSPB's Director and Deputy Directors, the Governor, Governor's Office leadership, legislators and legislative staff about state revenues and economic conditions 

    Economic Analysis and Policy Evaluation (30%)

    • Analyze economic data and communicate findings to senior officials

    • Research and evaluate policy proposals and legislation to determine impacts on the state's economy

    • Recommend strategies to meet the Governor's economic goals

    • Identify potential issues or concerns in legislation and recommend solutions

    • Conduct research into assigned issue areas, and prepare briefings as necessary

    Budget Development (30%)

    • Develop broad expertise into assigned departments' budgets, operations, and statutes

    • Review departments' various budget requests and make recommendations to the OSPB Director and Deputy Directors, as well as the Governor and Senior Staff

    • Ensure accurate tracking of assigned departments' budget requests and appropriations through the use of existing systems and spreadsheets

    • Respond to questions from OSPB's Director and Deputy Directors, the Governor, Governor's Office leadership, legislators and legislative staff abou

    Minimum Qualifications, Substitutions, Conditions of Employment & Appeal Rights

    Required skills:

    • Ability to synthesize complex data and information from a wide variety of sources

    • Exceptional quantitative analysis and reasoning skills

    • Strong written and oral communication skills, especially with an ability to express complex ideas clearly and concisely

    • Excellent time management skills and ability to balance competing deadlines and priorities

    • Strong interpersonal skills - ability to maintain confidentiality and productive working relationships with stakeholders despite varying interests, agendas, and areas of expertise

    • Advanced Excel capabilities

    Required traits:

    • Intellectual humility

    • Open-mindedness 

    • Curiosity

    • Creativity

    • Critical thinking

    • Analytical rigor

    • Interest in both professional and personal growth

    • Sense of humor/fun approach to teamwork 

    You might be the right candidate if:

    • You're a creative thinker and resourceful problem solver

    • You can analyze a problem from a variety of perspectives using a wide range of tools

    • You're motivated by challenges and enjoy solving complex problems

    • You can break complex and ambiguous problems into manageable components

    • You think probabilistically and update your beliefs as you encounter new information

    • You're good at managing your time and triaging competing demands

    • You're a self-motivated, independent learner who can figure things out without much formal training or guidance

    • You can apply economic principles to a wide range of economic and non-economic problems 

    • You are willing to entertain and learn from opposing viewpoints

    • You're able to question and constructively critique arguments and methods 

    • You are good at summarizing complex topics for non-expert audiences

    • You're flexible and able to quickly adapt to changing circumstances and priorities

    • You can quickly identify and prioritize the most critical component of an analysis or argument

    • You are comfortable making recommendations based on limited data while also communicating the limitations of your knowledge and analysis

    • You enjoy aligning technical details with big-picture strategies

    Bonus points for: 

    • Graduate degree in economics, business, public policy or administration, political science, or related field

    • Experience with Eviews, R, Stata, or other statistical software

    • Understanding of forecasting principles and best practices

    • Prior experience with public budgeting and/or policy

    To Apply:

    Please submit a resume and cover letter to gov_ospb@state.co.us

    Bryce Cooke
    Senior Economist and Budget Analyst
    Colorado Governor's Office of State Planning & Budgeting