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 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 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 designManage 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 methodologiesLead ad-hoc analysis and conduct economic research as neededRequired Qualifications, Skills, and Capabilities:
Strong quantitative skills: Bachelor's degree in Economics, Econometrics, Quantitative Finance, or related fieldSome work experience in research / forecasting / business analytics for a leading financial institution / central bank / consulting firm or similar, with a strong background / interest in economicsAdvanced 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 conclusionsExcellent organizational and communication (verbal and written) skillsSelf-starter, with an ability to multitask in a fast-paced, environment with frequently changing prioritiesWorks well individually and in teams, shares information, supports colleagues, and encourages participationPreferred 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 plusExperience working with structural and semi-structural macroeconomic forecasting models (e.g., DSGE, FRB/US, NiGEM), or other time-series econometric models is considered a plusExperience working with machine learning, AI or language models is considered a plusA graduate degree (Master’s or PhD) is considered a plus