Req # : 190009314
The Firmwide Economic Scenarios & Analytics team within Global Finance oversees the development and distribution of the full set of economic assumptions used in the Firm’s forecasting processes.
The team collaborates with the Economics and Strategy Research teams, CFO / Financial Planning teams, Risk functions, and other corporate areas such as Investor Relations and the Regulatory Capital Management Office.
Economic assumptions cover key US and global economic indicators, fixed income markets, equity markets, etc., and 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.
Oversee and participate in hands-on review of economic forecasting methodologies, documentation, process, and data to assess conceptual and financial soundness of the implementations, as well as compliance with rules and best practices.
Lead ad-hoc analysis as needed, e.g. evaluating Firm’s exposure and sensitivity to key macroeconomic variables, and connecting macroeconomic drivers to emerging industry trends.
Support the design and execution of economic forecasts that make up the scenarios, working closely with key partners including suppliers of economic variables (JPM Economic / Strategy research teams or other experts) and users (Risk and Finance Lines of Business).
Experience with scenario planning, CCAR, ICAAP a plus.
Oversee and conduct reviews of forecast models; assess appropriateness of model inputs, methodology, and output. Perform periodic calibration.
Work across lines of businesses to ensure consistent model development and application. Collaborate with governance groups to support model enhancements and maintain model inventory.
Communicate with key stakeholders such as Finance and Risk, Planning & Analysis, quantitative model development, Investor Relations and senior leadership to manage and coordinate inbound questions, deliverables, and ad-hoc requests.
Develop executive-level presentations for senior management, regulators and internal stakeholders
Ability to understand and challenge modeling assumptions as well as concrete technical model documentation
Exceptionally detail-oriented with the ability to synthesize large amounts of data, summarize key concepts and articulate relevant conclusions
Excellent organizational and communication (verbal and written) skills
Experience managing project work streams across multiple key stakeholders
Self-starter, able to work in a fast-paced, results-driven environment with a proven track record of execution against deliverables
Ability to multi-task in a fast paced environment with frequently changing priorities and to meet deadlines under pressure.
Works well individually and in teams, shares information, supports colleagues and encourages participation.
J.P. Morgan serves one of the largest client franchises in the world. Our clients include corporations, institutional investors, hedge funds, governments and affluent individuals in more than 100 countries.
J.P. Morgan is part of JPMorgan Chase & Co. (NYSE : JPM), a leading global financial services firm with assets of $2.1 trillion.
The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity.
A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of clients and consumers under its JPMorgan and Chase, and WaMu brands.