Firmwide Economic Scenarios Associate

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New York, NY
Hybrid
3-5 Years Experience
Financial Services
The Role

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 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.

  • 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



  • Strong quantitative skills: Master's or 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



  • 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 is considered a plus


About Us
JPMorgan Chase & Co., 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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 is an Equal Opportunity Employer, including Disability/Veterans
About the Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.

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The Company
New York, NY
250,000 Employees
Hybrid Workplace

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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