Firmwide Economic Scenarios - Analyst

J.P. Morgan; London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading financial services firm seeks a Firmwide Economic Scenarios Analyst to oversee macroeconomic scenario development and forecasting. The role involves collaborating with various teams, managing projects, and providing insights on financial trends. Ideal candidates will possess strong analytical skills and a solid educational background in economics or quantitative fields.

Qualifications

• Strong background in economics with some work experience in research or forecasting.
• Experience with statistical software is desired.
• Exceptional ability to synthesize data and articulate conclusions.

Responsibilities

• Support macroeconomic forecasts and manage project workstreams.
• Monitor economic releases and prepare commentary.
• Develop executive-level presentations for management.

Skills

Quantitative skills

Detail-oriented

Organizational skills

Communication

Education

Bachelor's degree in Economics, Econometrics, Quantitative Finance

Tools

Excel

Python

R

Job description

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 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: Bachelor's 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-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 considereda plus
• Experience working with machine learning, AI or language models is considered a plus
• A graduate degree (Master’s or PhD) is considered a plus