Firmwide Economic Scenarios - Analyst

JPMorgan Chase & Co.

Posted 3 months ago

Full Time

New York, New York

In Person

Smart Summary

Responsibilities

Oversee the development and distribution of macroeconomic scenarios used in the firm's forecasting processes. Collaborate with senior leadership and quantitative teams to execute forecasts and monitor global economic indicators.

Qualifications

You have strong quantitative skills and a Master's or Bachelor's degree in Economics, Econometrics, Quantitative Finance, or a related field. You also possess at least one year of relevant work experience in research, forecasting, or business analytics, along with advanced Excel and Microsoft Office skills and proficiency in at least one programming language or statistical software like Python, R, EViews, or Excel VBA.

Must Have Skills for ATS

Economics

Econometrics

Quantitative Finance

Excel

Microsoft Office

Python

R

EViews

Excel VBA

Job Description

Join a dynamic team within the Office of the Chief Financial Officer, where you'll oversee the development and distribution of macroeconomic scenarios used in the Firm's forecasting processes. Collaborate with Economics and Strategy Research teams, Chief Risk Officer, Chief Financial Officer, Financial Planning teams, and other corporate areas. Cover key U.S. and global macroeconomic indicators, rates, equities, FX and credit markets, real estate markets, and more. A broad knowledge base across economics and finance is essential. Develop scenarios across a range of potential economic backdrops distributed Firmwide. 

 
As a Firmwide Economic Scenarios Analyst within the Office of the Chief Financial Officer, you will play an integral role in the team’s scenario design work and macroeconomic forecasting. You will have the opportunity to directly execute forecasts for macroeconomic variables and interact with senior leaders, developing important leadership and analytical skills required to advance in the Firm. 

Job Responsibilities: 

  • Support the execution of macroeconomic forecasts that make up the scenarios, working closely with key forecasting partners and consumers of the scenarios. 
  • Monitor and prepare commentary on economic releases and events, monitor evolving risks, stay abreast of trends in economics and financial markets, and anticipate implications for macroeconomic forecasting and scenario design. 
  • Manage multiple project workstreams as well as inbound questions, deliverables, and ad-hoc requests, with an emphasis on accuracy and timeliness of meeting deliverables on prescribed timelines. 
  • Develop executive-level presentations for senior management and internal stakeholders. 
  • Interact with and guide quantitative model development teams for the development and enhancement of macroeconomic forecasting methodologies. 
  • Lead ad-hoc analysis and conduct economic research as needed. 

Required Qualifications, Skills, and Capabilities: 

  • Strong quantitative skills: Master’s or Bachelor's degree in Economics, Econometrics, Quantitative Finance, or related field. 
  • At least 1 years of relevant work experience in research/forecasting/business analytics for a leading financial institution/central bank/consulting firm or similar, with a strong background/interest in economics. 
  • Advanced Excel and Microsoft Office skills and experience with at least one programming language/statistical software (e.g., Python, R, EViews, Excel VBA). 
  • Exceptionally detail-oriented with the ability to synthesize large amounts of data and various viewpoints, summarize key concepts, and clearly articulate relevant conclusions. 
  • Excellent organizational and communication (verbal and written) skills. 
  • A proven track record of executing against deliverables and meeting deadlines under pressure. 
  • Self-starter, with an ability to multitask in a fast-paced environment with frequently changing priorities. 
  • Works well individually and in teams, shares information, supports colleagues, and encourages participation. 

Preferred Qualifications, Skills, and Capabilities: 

  • Experience with scenario design in the context of CCAR, and/or CECL is a plus.  
  • Experience in forecasting, statistical analysis, or research on macroeconomic and/or financial variables would be considered a plus. 
  • Experience working with structural and semi-structural macroeconomic forecasting models (e.g., DSGE, FRB/US, NiGEM), or other time-series econometric models is considered a plus. 
  • Experience working with machine learning, AI, or language models is considered a plus. 
  • PhD is considered a plus. 

To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).


JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans


Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.
Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.

JPMorgan Chase & Co.

With a history tracing its roots to 1799 in New York City, JPMorganChase is one of the world's oldest, largest, and best-known financial institutions—carrying forth the innovative spirit of our heritage firms in global operations across 100 markets. We serve millions of customers and many of the world’s most prominent corporate, institutional, and government clients daily, managing assets and investments, offering business advice and strategies, and providing innovative banking solutions and services. Social Media Terms and Conditions: https://bit.ly/JPMCSocialTerms JPMorgan Chase & Co. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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