At a Glance
- Tasks: Join our team to analyse climate risks and develop innovative economic models.
- Company: J.P. Morgan is a global leader in financial services, committed to diversity and inclusion.
- Benefits: Enjoy a collaborative work environment with opportunities for professional growth and development.
- Why this job: Make a real impact on climate risk management while working with top professionals in the field.
- Qualifications: Advanced degree in Economics or related field; experience in macroeconomic forecasting and climate risk analysis required.
- Other info: We value diverse talents and offer reasonable accommodations for applicants' needs.
The predicted salary is between 43200 - 72000 £ per year.
Are you passionate about making a difference in the world of risk management? As part of our Climate, Nature, and Social Risk Modelling team, you will play a crucial role in maintaining JPMorgan Chase's strength and resilience. Your expertise in data analysis, research, and communication will help develop climate and nature risk capabilities across the organization. Collaborate with internal stakeholders to gain insights into the diverse factors influencing climate change assessments at a global financial institution. If you thrive in an agile environment and excel in leading and persuading others, this is the perfect opportunity for you.
As a Climate, Nature and Social Risk Modelling Senior Associate/Vice President in the Climate, Nature, and Social Risk Modelling team, you will be instrumental in shaping the firm's approach to managing climate, nature, and social-related risks. You will collaborate with various internal stakeholders, using your strong skills in data analysis, research, and communication to support the development of climate and nature risk capabilities. Your proven track record of ownership and accountability will be essential as you engage in high-impact, large-scale initiatives, demonstrating your relationship-building skills and execution abilities.
Job responsibilities:
- Establish and refine transmission channels between Integrated Assessment Models and large-scale global macro-econometric models.
- Contribute to climate and nature risk scenarios to assess the impact of related shocks on national, sectoral, and regional economies.
- Continuously improve existing macroeconomic models to better capture the complexities of climate and nature risks.
- Develop new models as necessary to address emerging economic issues related to climate and nature.
- Collaborate with climate scientists, economists, and risk professionals to ensure a comprehensive approach to climate and nature risk assessment.
- Integrate macroeconomic insights into broader risk strategies.
- Stay informed on the latest research and developments in macroeconomics, climate science, and related fields.
- Conduct original research to enhance understanding of the economic impacts of climate change and transition.
- Monitor regulatory changes and guidelines related to climate and nature risk management and scenario design.
- Ensure scenario analysis activities comply with relevant regulatory requirements and industry standards.
Required qualifications, capabilities, and skills:
- Advanced degree (master's or Ph.D.) in Economics, Environmental Economics, Climate Science, or a related field.
- Demonstrated experience in macroeconomic forecasting, climate risk analysis, or related areas.
- Solid background in econometric and statistical modelling techniques.
- Familiarity with climate models and the integration of climate data into economic models.
- Proficiency in econometric software and statistical tools (e.g., R, Stata, MATLAB, Python).
- Strong analytical skills to interpret complex data and model outputs.
- Ability to work effectively in cross-functional teams, collaborating with economists, climate scientists, and risk analysts.
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives. 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.
Climate Risk Macroeconomic Modeler - Senior Associate/Vice President employer: JPMorgan Chase & Co.
Contact Detail:
JPMorgan Chase & Co. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Climate Risk Macroeconomic Modeler - Senior Associate/Vice President
✨Tip Number 1
Network with professionals in the climate risk and macroeconomic fields. Attend industry conferences, webinars, or local meetups to connect with experts and learn about the latest trends and challenges in climate risk modelling.
✨Tip Number 2
Familiarise yourself with the specific tools and software mentioned in the job description, such as R, Stata, MATLAB, and Python. Consider taking online courses or tutorials to enhance your proficiency and demonstrate your commitment to mastering these skills.
✨Tip Number 3
Stay updated on recent developments in climate science and macroeconomics by following relevant journals, blogs, and news outlets. This knowledge will not only help you in interviews but also show your genuine interest in the field.
✨Tip Number 4
Prepare to discuss your previous experiences in data analysis and modelling during interviews. Be ready to provide examples of how you've successfully collaborated with cross-functional teams and contributed to high-impact projects in the past.
We think you need these skills to ace Climate Risk Macroeconomic Modeler - Senior Associate/Vice President
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in macroeconomic forecasting, climate risk analysis, and econometric modelling. Use specific examples that demonstrate your skills in data analysis and collaboration with cross-functional teams.
Craft a Compelling Cover Letter: In your cover letter, express your passion for climate risk management and how your background aligns with the role. Mention specific projects or experiences that showcase your ability to develop and refine macroeconomic models.
Highlight Technical Skills: Clearly list your proficiency in econometric software and statistical tools such as R, Stata, MATLAB, or Python. Provide examples of how you've used these tools in previous roles to analyse complex data.
Showcase Research Experience: If you have conducted original research related to climate change or economic impacts, be sure to include this in your application. Discuss the outcomes of your research and how it contributes to understanding climate and nature risks.
How to prepare for a job interview at JPMorgan Chase & Co.
✨Showcase Your Analytical Skills
As a Climate Risk Macroeconomic Modeler, your analytical skills are crucial. Be prepared to discuss specific examples of how you've used data analysis and econometric modelling techniques in previous roles. Highlight any relevant projects where your insights led to significant outcomes.
✨Demonstrate Collaboration Experience
This role requires working closely with various stakeholders, including climate scientists and economists. Share experiences where you successfully collaborated on cross-functional teams, focusing on how you built relationships and communicated complex ideas effectively.
✨Stay Updated on Industry Trends
Familiarise yourself with the latest research and developments in climate science and macroeconomics. During the interview, mention recent studies or regulatory changes that could impact climate risk management, demonstrating your commitment to staying informed in this rapidly evolving field.
✨Prepare for Scenario Analysis Questions
Expect questions related to scenario analysis and its application in assessing climate and nature risks. Be ready to explain your approach to developing scenarios and how you ensure compliance with regulatory requirements, showcasing your understanding of industry standards.