Job Title : Economics Scenarios Analytics - Analyst
Location : Warszawa, mazowieckie
Company : JPMorgan Chase Bank, N.A.
Salary :
Open Date : 2023-03-19
Close Date : 2023-07-19
Group Overview

The Firmwide Economic Scenarios & Analytics team within the Office of the CFO oversees the development and distribution of macroeconomic scenarios used in the Firm's forecasting processes. The team collaborates with the Economics and Strategy Research teams, Risk functions, CFO / Financial Planning teams, and other corporate areas such as Investor Relations and Capital Management. The scenarios cover key U.S. and global macroeconomic 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.

Overview & Job responsibilities

The Analyst is expected to play a supportive role in the team's scenario design work and macroeconomic forecasting including execution of forecasts for macroeconomic variables (e.g., GDP, unemployment, monetary policy, interest rates, credit spreads, equity indexes, FX, rates, etc.). The Analyst will have the opportunity to develop important analytical skills and domain expertise required to advance in the Firm. The Analyst will:

• Support the execution of macroeconomic forecasts that make up the scenarios, working closely with key forecasting partners (JPM Economic / Strategy Research teams or other subject matter experts) and consumers of the scenarios (Risk and Finance Lines of Business). Experience with scenario design, CCAR, and / or CECL a plus
• Monitor and prepare commentary on economic releases and events, and stay abreast of trends in equity markets, fixed income markets, mortgage markets, etc. and anticipate implications for macroeconomic forecasting and scenario design
• Manage multiple projects as well as inbound questions, deliverables, and ad-hoc requests, with an emphasis on accuracy and timeliness of meeting deliverables on prescribed timelines
• Support ad-hoc analysis as needed, e.g. evaluating the Firm's exposures and sensitivities to key macroeconomic variables, and connecting macroeconomic drivers to emerging industry trends
• Develop executive-level presentations for Investor Relations, senior management, regulators, and internal stakeholders
• Support the development, enhancement, and documentation of macroeconomic forecasting methodologies

Required qualifications, capabilities, and skills

• Strong quantitative skills: Bachelor's degree or equivalent in a quantitative discipline a plus - Economics / Econometrics / Quantitative Finance / Statistics / Engineering / Mathematics, etc.; PhD or Master's a plus
• min 1 - 2 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 a plus
• 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, results-driven environment with frequently changing priorities
• Works well individually and in teams, shares information, supports colleagues, and encourages participation

Preferred qualifications, capabilities, and skills

• Experience in forecasting and statistical analysis of macroeconomic and / or financial modeling
• Experience in DSGE models
• Experience with programming languages / statistical software (e.g., EViews, Python, R, Excel VBA) and advanced Excel and Microsoft Office skills

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 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

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, discretionary incentive compensation which may be awarded in recognition of 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.

Equal Opportunity Employer/Disability/Veterans

Apply This Job