Job Information
JPMorgan Chase Firmwide Economic Scenarios, Associate in New York, New York
Join the Firmwide Economic Scenarios & Analytics 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. You'll collaborate with various teams and corporate areas, covering key U.S. and global macroeconomic indicators. As an Associate, you'll play an integral role in scenario design and macroeconomic forecasting, with exposure to senior leaders and the opportunity to develop crucial leadership and analytical skills.
As a Firmwide Economic Scenarios Associate 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 (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, regulators, 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, capabilities and skills
Bachelor's degree in Economics, Econometrics, Quantitative Finance, or related field
3+ years of 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
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, capabilities and skills
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 with programming languages / statistical software (e.g., EViews, Python, R, Excel VBA) is a plus and advanced Excel and Microsoft Office skills are required
Experience working with structural and semi-structural macroeconomic forecasting models (e.g., DSGE, FRB/US, NiGEM) is considered a plus
PhD or Master's degree in Economics, Econometrics, Quantitative Finance, or related field,
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
Base Pay/Salary
New York,NY $83,600.00 - $115,000.00 / year
JPMorgan Chase
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