Firmwide Economic Scenarios - Analyst
Firmwide Economic Scenarios - Analyst
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Job Description
Join the Firmwide Economic Scenarios & Analytics team within the Office of the Chief Financial Officer where youll oversee the development and distribution of macroeconomic scenarios used in the Firms forecasting processes. Youll collaborate with the Economics and Strategy Research teams Chief Risk Officer Chief Financial Officer Financial Planning teams and other corporate areas covering key U.S. and global macroeconomic indicators.
The scenarios cover key U.S. and global macroeconomic indicators rates equities FX and credit markets real estate markets etc. Accordingly a broad knowledge base across economics and finance is essential. The team develops scenarios across a range of potential economic backdrops which are distributed Firmwide.
As a Firmwide Economic Scenarios Analyst within the Office of the Chief Financial Officer you will play a supportive role in the teams 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 (JPM Economics / Strategy research teams or other experts) and consumers of the scenarios (Risk and Finance Lines of Business)
- 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: Bachelors degree in Economics Econometrics Quantitative Finance or related field
- Some 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
- Self-starter with an ability to multitask in a fast-pacedenvironment 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 considereda plus
- Experience working with machine learning AI or language models is considered a plus
- A graduate degree (Masters or PhD) is considered a plus
Required Experience:
IC
Employment Type
Full-Time
