Firmwide Economic Scenarios - Analyst

JPMorgan Chase JPMorgan Chase · Banking · New York, NY +1 · Corporate Sector

This role focuses on developing and distributing macroeconomic scenarios for financial forecasting within JPMorgan Chase's Office of the Chief Financial Officer. It involves collaborating with various teams, covering key economic indicators, and executing forecasts. The role requires strong quantitative skills, experience in research/forecasting, and proficiency in data synthesis and communication. Experience with AI/ML is a plus but not core to the role.

What you'd actually do

  1. Support the execution of macroeconomic forecasts that make up the scenarios, working closely with key forecasting partners and consumers of the scenarios.
  2. 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.
  3. 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.
  4. Develop executive-level presentations for senior management and internal stakeholders.
  5. Interact with and guide quantitative model development teams for the development and enhancement of macroeconomic forecasting methodologies.

Skills

Required

  • Master’s or Bachelor's degree in Economics, Econometrics, Quantitative Finance, or related field
  • 1+ years of relevant work experience in research/forecasting/business analytics
  • Advanced Excel and Microsoft Office skills
  • Experience with at least one programming language/statistical software (e.g., Python, R, EViews, Excel VBA)
  • Detail-oriented
  • Ability to synthesize large amounts of data and various viewpoints
  • Ability to summarize key concepts
  • Ability to clearly articulate relevant conclusions
  • Excellent organizational skills
  • Excellent communication (verbal and written) skills
  • Proven track record of executing against deliverables and meeting deadlines under pressure
  • Self-starter
  • Ability to multitask in a fast-paced environment with frequently changing priorities
  • Works well individually and in teams
  • Shares information
  • Supports colleagues
  • Encourages participation

Nice to have

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

What the JD emphasized

  • Master’s or Bachelor's degree in Economics, Econometrics, Quantitative Finance, or related field
  • At least 1 years of relevant work experience
  • Advanced Excel and Microsoft Office skills
  • experience with at least one programming language/statistical software (e.g., Python, R, EViews, Excel VBA)
  • proven track record of executing against deliverables and meeting deadlines under pressure