Firmwide Economic Scenarios - Vice President in London

Join a dynamic team within the Office of the Chief Financial Officer, where you'll oversee the development and distribution of macroeconomic scenarios integral to the Firm's forecasting processes. Collaborate with the Economics and Strategy Research teams, Chief Risk Officer, Chief Financial Officer, Financial Planning teams, and other corporate areas. The scenarios encompass projections of key U.S. and global macroeconomic indicators, interest rates, equities, FX and credit markets, real estate markets, etc. Accordingly, a broad knowledge base in economics and finance is essential. The team develops scenarios across a range of potential economic backdrops, which are distributed Firmwide. As a Vice President, you will play an integral role in the team’s scenario design work and macroeconomic forecasting. You will directly execute forecasts for macroeconomic variables, consult with Subject Matter Experts, present to key stakeholders, interact with senior leaders, and lead junior team members.

Responsibilities

• Lead the execution of macroeconomic forecasts that form the basis of the scenarios, working closely with key forecasting partners and scenario users.
• Monitor economic releases and events, prepare commentary, track evolving risks, stay abreast of trends in economics and financial markets, and anticipate implications for macroeconomic forecasting and scenario design.
• Lead communication and meetings across various functions, locations, and lines of business to facilitate discussions, set priorities, and ensure alignment among stakeholders and senior management.
• Oversee multiple project workstreams, manage inbound inquiries, deliverables, and ad-hoc requests, with an emphasis on accuracy and timeliness in meeting deliverables within prescribed timelines.
• Develop executive-level presentations for senior management and internal stakeholders.
• Collaborate with quantitative model development teams to guide the development and enhancement of macroeconomic forecasting methodologies.
• Lead ad-hoc analysis and conduct economic research as needed.

Required Qualifications, Skills, And Capabilities

• Strong quantitative skills: Master’s degree in Economics, Econometrics, Quantitative Finance, or a related field.
• Relevant work experience in research, forecasting or business analytics for a leading financial institution, central bank, consulting firm or similar, with a strong background and interest in economics. A PhD may be considered as part of this experience.
• Advanced Excel and Microsoft Office skills and experience in at least one programming language or statistical software (e.g., Python, R, EViews, Excel VBA).
• Exceptionally detail-oriented with the ability to synthesize large volumes of data and diverse perspectives, summarize key concepts, and clearly articulate relevant conclusions.
• Excellent organizational, verbal and written communication skills.
• A proven track record of executing against deliverables and meeting deadlines under pressure.
• Self-starter with the ability to multitask in a fast-paced environment with frequently changing priorities.
• Works well individually and in teams, shares information, supports colleagues, and fosters participation.

Preferred Qualifications, Skills, And Capabilities

• Experience with scenario design in the context of CCAR, CECL, etc. is a plus.
• Prior knowledge and coverage of major non-U.S. economies would be considered a plus.
• Experience in forecasting, statistical analysis, or research on macroeconomic and/or financial variables would be considered a plus.
• Experience with structural and semi-structural macroeconomic forecasting models (e.g., DSGE, FRB/US, NiGEM) or other time-series econometric models is considered a plus.
• Experience working with machine learning, AI, or language models is considered a plus.
• PhD is considered a plus.

About Us

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. 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.

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.