At a Glance
- Tasks: Join our team to analyse climate risks and develop innovative models for a sustainable future.
- Company: Be part of JPMorgan Chase, a global leader in financial services committed to risk management.
- Benefits: Enjoy competitive pay, flexible working options, and opportunities for professional growth.
- Why this job: Make a real impact on climate change while collaborating with experts in a dynamic environment.
- Qualifications: Advanced degree in Economics or related field; experience in macroeconomic forecasting and climate risk analysis required.
- Other info: This role requires an EU work permit and offers a chance to shape global risk strategies.
The predicted salary is between 48000 - 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 Risk Macroeconomic Modeler - 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 PhD) 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.
Climate Risk Macroeconomic Modeler - Senior Associate/Vice President (London) 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 (London)
✨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. This can help you gain insights into the role and potentially get referrals.
✨Tip Number 2
Stay updated on current climate policies and economic impacts related to climate change. Follow relevant publications and thought leaders on social media to understand the challenges and innovations in the field. This knowledge will be invaluable during interviews.
✨Tip Number 3
Demonstrate your analytical skills by engaging in projects or case studies that involve macroeconomic modelling or climate risk analysis. Share your findings on platforms like LinkedIn to showcase your expertise and passion for the subject.
✨Tip Number 4
Prepare for interviews by practising how to explain complex data and models clearly and concisely. Use examples from your past experiences to illustrate your problem-solving abilities and how you've collaborated with cross-functional teams.
We think you need these skills to ace Climate Risk Macroeconomic Modeler - Senior Associate/Vice President (London)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Climate Risk Macroeconomic Modeler position. Tailor your application to highlight how your skills and experiences align with these requirements.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in macroeconomic forecasting, climate risk analysis, and any relevant econometric modelling techniques. Use specific examples to demonstrate your expertise and achievements in these areas.
Showcase Your Skills: Make sure to mention your proficiency in econometric software and statistical tools such as R, Stata, MATLAB, or Python. Highlight any projects where you've successfully integrated climate data into economic models, as this is crucial for the role.
Craft a Compelling Cover Letter: Write a tailored cover letter that not only outlines your qualifications but also expresses your passion for climate risk management. Discuss why you want to work with JPMorgan Chase and how you can contribute to their Climate, Nature, and Social Risk Modelling team.
How to prepare for a job interview at Jpmorgan Chase & Co.
✨Show Your Passion for Climate Risk
Make sure to express your enthusiasm for climate risk management during the interview. Discuss why this field matters to you and how your background aligns with the company's mission to address climate and nature risks.
✨Demonstrate Your Technical Skills
Be prepared to discuss your experience with econometric and statistical modelling techniques. Highlight specific projects where you've used software like R, Stata, or Python to analyse data and develop models relevant to climate risk.
✨Prepare for Scenario Analysis Questions
Expect questions about scenario analysis and how you would approach assessing the impact of climate-related shocks on economies. Think of examples from your past work that showcase your analytical skills and ability to integrate macroeconomic insights.
✨Emphasise Collaboration and Communication
Since the role involves working with cross-functional teams, be ready to share experiences where you've successfully collaborated with economists, climate scientists, or other stakeholders. Highlight your communication skills and how they helped in achieving project goals.