Research Analyst | Madrid (2025-26 Start)

We are one of the world’s leading economic consulting firms. We strive to recruit and develop talented people to work together to produce meaningful economic analysis of exceptional quality, and to create a positive impact on our clients and society.

Our European Competition Practice provides expert economic advice on competition policy, economic and financial regulation, public policy and the assessment of damages in complex disputes. We are looking to hire economists to help us to provide advice to our clients on some of the most high-profile cases before the European Commission, the General Court and national competition authorities, regulators and courts.

We believe that working in diverse teams, where everybody’s views are considered and respected, helps us to deliver work of the highest standards of quality and integrity.

About the role:

We are looking to hire Research Analysts who will have an opportunity to make a significant impact from day one. As a Research Analyst, you will become an integral part of a project team tasked with advising on the competitive impact of a merger or conduct. You will have a critical role in researching, analysing and interpreting the way that competition works in your client’s industry. Your analysis will form the fundamental basis of expert advice that will be given to clients, competition authorities and/or courts. You will work closely with your team to understand the issues that face the client, relating those issues to relevant economic theory, and supporting the analysis with solid and persuasive empirical evidence.

Research Analysts join us after completing their undergraduate degree in a quantitative subject. This would preferably be in economics, but we also welcome applications from graduates with degrees in computer science, mathematics or statistics.

This is a one- or two-year fixed-term position, ideal for candidates who are interested in post-graduate studies in economics but would like to gain work experience and a better understanding of economic consulting before returning to university.

Applications for this position will close on 27th March 2026.

Please note that there will be two interview periods for this position: one in November 2025 and one in April-May 2026, following the application deadline. If you would like to be considered for the November interviews, we would encourage you to apply as soon as possible. Recruitment for this position will continue up until the closing date and applications submitted after November will still be eligible.

Key responsibilities::
• Analysing and interpreting significant amounts of client data in order to deeply understand how competition works in your client’s industry. This will involve, in particular, analysing customer data, price and cost data and competitor data / market shares
• Researching how firms compete with each other and identifying the most important variables that affect their decision making processes
• Identifying and summarising all the relevant facts to understand a client’s industry
• Taking responsibility for quality control and ensuring accuracy and error-free work product
• Drafting reports interpreting and summarising analysis

Skills/profile sought::
• Undergraduate degree in economics, ideally with focus on microeconomics, industrial organisation and/or econometrics. We also consider graduates who have obtained or expect to obtain a degree in other quantitative subjects such as computer science, mathematics and statistics
• Highly analytical
• Excellent organisational skills with an ability to multi-task
• Ability to communicate effectively with colleagues and clients
• Accuracy and attention to detail
• Ability to work independently and as part of a team
• Stata and Excel skills desirable
• Fluency in English is essential. Portuguese is desirable.

Benefits of working at Compass Lexecon::
• Competitive salary and benefits
• A wide variety of interesting and challenging projects
• An international team with a broad range of backgrounds and experience
• A blend of professional and academic environments
• The opportunity to work with top law firms, corporations, government bodies and academics
• A steep learning curve, coupled with a supportive and collaborative team
• The opportunity to contribute from day one
• For exceptional Research Analysts, the opportunity to be sponsored for postgraduate study and to move on to our career programme on completion of a Master’s degree..

When drafting your application:

We acknowledge that AI is now commonly used for drafting, however we emphasize the importance of personalization to truly reflect your unique experiences. We are able to recognise applications that are solely created using AI and those that demonstrate individuality.

What happens next?

Once your application has been submitted, you will receive an email confirmation. The recruitment team will then review your application and aim to be in touch either in November 2025 or April 2026, depending on when you submitted your application.

Compass Lexecon is an Equal Opportunity Employer.

We appreciate that recruitment agencies may have speculative CVs that they wish to submit to Compass Lexecon. To avoid any ambiguity around fees, please note that speculative CVs received by Compass Lexecon, that have not been authorised in advance by the Recruitment team, will be ineligible for an agency fee.