Economist Jobs in Riga- PhD Level Role in Digital Economics & Neo-Banking (Dukascopy Bank)

Senior Economist: Shape the Future of Neo-Banking in a Leading Swiss Financial Institution

Location: Marijas iela 2A, Rīga, Latvia (A premier opportunity for high-level finance jobs in the heart of the Baltics)

Employer: Dukascopy Bank SA – A pioneering Swiss online bank known for innovation in fintech and digital assets.

Job Type: Permanent, Full-time

Compensation: €2,000 - €2,800 EUR per month (Initial fixed base, with significant growth potential based on performance)

Occupation: Economist (EQF Level 8 - Doctoral Level)

About Dukascopy Bank and This Pivotal Role

Dukascopy Bank SA is not just a bank; it is a technologically advanced financial hub, a leader in the neo-banking revolution that is reshaping the global financial landscape. From its Swiss headquarters, Dukascopy has built a formidable international presence, offering cutting-edge trading platforms, banking services, and financial products to a sophisticated global clientele. This role, based in the beautiful and historic city of Riga, Latvia, is central to the bank's strategic expansion and client relationship management in the regional market. We are searching for more than an economist; we are seeking a visionary—a PhD-level strategist who can leverage deep economic theory to solve real-world financial challenges, foster unwavering client trust, and drive the growth of our regional structure. This is a rare opportunity to step out of academia or a traditional analytical role and into a position where your research directly influences strategy and generates tangible value for an international banking leader.

Who We Are Looking For: The Ideal Candidate Profile

The successful candidate will be a polyglot intellectual with a formidable academic background and a pragmatic, client-focused mindset. You are as comfortable discussing high-level economic theories as you are explaining market dynamics to a high-net-worth client. You thrive in an international environment and are driven by the challenge of solving complex problems. You see data not just as numbers, but as a narrative waiting to be decoded to reveal opportunities for growth and innovation. Your research in digital economics or neo-banking isn't just for publication; it's a toolkit you are eager to apply in a fast-paced, commercial setting.

Detailed Mandatory Requirements & Qualifications

Academic & Professional Credentials:

  • Doctoral Degree: A mandatory PhD (EQF Level 8) in Economics, Finance, Business Administration, or a directly related field from a recognized institution. The dissertation work should demonstrate rigorous research methodology and analytical depth.
  • Research Provenance: A strong, demonstrable research background with a publication record in reputable journals or conferences. Specific, published research in digital economics, fintech, algorithmic finance, or neo-banking is a critical requirement and a key differentiator.
  • Analytical Experience: Proven professional or research experience in the analysis of complex economic and financial processes, including quantitative modelling, forecasting, and trend analysis.

Linguistic Proficiency:

  • English: Fluent (C1/C2) command, both written and spoken. This is the primary language of international finance and internal communication.
  • German: Fluent (C1/C2) command. Essential for managing relationships with a significant portion of the bank's European client base and understanding regional market nuances.
  • Latvian: Professional proficiency is required for operational effectiveness in the local context.
  • Additional Languages: Knowledge of any other European language (e.g., French, Italian, Scandinavian languages) will be considered a significant advantage and is highly prized for expanding our client services.

Core Competencies & Soft Skills:

  • Client Relationship Management: An innate talent for building and maintaining long-term, trust-based relationships with an international and often demanding clientele.
  • Strategic Advisory Acumen: The ability to translate complex economic data and market analyses into actionable, strategic advice for clients.
  • Meticulous Monitoring: A keen eye for detail in monitoring client portfolios, account performance, and global market trends to preempt risks and identify lucrative opportunities.
  • Autonomy and Proactivity: The ability to work with a high degree of independence, take initiative, and drive projects to completion without constant oversight.

In-Depth Breakdown of Key Responsibilities & Day-to-Day Activities

Your role will be a blend of high-level analysis, strategic consulting, and elite client service.

Area of Responsibility Specific Activities
Elite Client Relations & Strategic Communication
  • Serve as the primary economic and strategic point of contact for a portfolio of international clients.
  • Maintain regular, proactive communication via video calls, emails, and reports to reinforce client trust and ensure exceptional service standards are met and exceeded.
  • Translate complex bank products and market events into clear, understandable insights for clients.
Advanced Economic Consulting & Strategy Development
  • Provide bespoke consulting to clients on developing their economic and investment strategies, leveraging your deep understanding of macroeconomics, currency markets, and digital assets.
  • Analyze clients' financial goals and risk profiles to advise on optimal use of the bank's suite of products (trading platforms, banking services).
Portfolio & Market Intelligence Monitoring
  • Continuously monitor and analyze the performance of client accounts against benchmarks and market movements.
  • Monitor global macroeconomic trends, geopolitical events, and central bank policies to anticipate market shifts.
  • Synthesize this intelligence to produce regular briefs and proactively identify value-added opportunities or potential risks for clients and the bank.
Business Development & Market Expansion
  • Play a key role in the development and expansion of the bank's regional structural unit in Riga.
  • Use your expertise to advise the central Swiss office on regional market dynamics, competitor activity, and potential for new product offerings.
  • Contribute to the bank's regional marketing and growth strategy based on ground-level economic intelligence.

What We Offer: A Career, Not Just a Job

This role is designed for an individual who seeks to have a measurable impact and be rewarded for their intellectual contribution.

  • Prestigious Affiliation: Become an integral part of a successful and growing Swiss bank with a strong international reputation in fintech innovation.
  • Foundational Growth Role: A unique opportunity to be a key architect in developing the bank's regional structure and directly participate in its strategic expansion across the Baltic and European markets.
  • Performance-Linked Rewards: A compelling and attractive initial compensation package (€2,000 - €2,800/month) that is designed to grow significantly in line with your results and contribution to the bank's profitability.
  • Intellectual Stimulation: Engage in exciting, creative, and intellectually challenging work at the intersection of economics, finance, and technology.
  • Clear Career Trajectory: Exceptional opportunities for personal achievement and career development within the broader international framework of a growing corporation. Your success in Riga opens doors to leadership roles within the global Dukascopy network.

How to Apply for This Premier Economist Position

If you are a doctoral-level economist ready to apply your research to the dynamic world of international finance, we encourage you to apply.

Your application must include:

  1. A comprehensive Curriculum Vitae (CV) detailing your academic credentials, publication history, and professional experience.
  2. A thoughtful Motivation Letter that addresses:
    • Why you are interested in transitioning into the commercial banking sector with Dukascopy.
    • How your specific research expertise in digital economics or neo-banking applies to this role.
    • Your philosophy on client relationship management and strategic advisory.

Please submit your complete application package to:

Email: rix-administration@dukascopy.com

Subject Line: "Application: Senior Economist - Riga - [Your Name]"

For inquiries: Tel.: +371 67218725

We thank all applicants for their interest. Please note that due to the high volume of applications, only candidates selected for an interview will be contacted. All applications will be treated with the strictest confidence.

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