Economic Scenarios - Associate
About The Position
As an Associate in Firmwide Economic Scenarios within the Office of the Chief Financial Officer, you will help design macroeconomic scenarios and produce forecasts that support planning, stress testing, and credit loss estimation across JPMorganChase. You will take ownership of housing and real estate variables, applying economic intuition and disciplined analytical methods. You will collaborate with Economics and Strategy Research, Risk, Finance, and other corporate functions to ensure scenarios are well-grounded, consistent, and clearly communicated. You will also improve forecasting tools, documentation, automation, and controls to make the process faster, more robust, and scalable. The role translates economic data and market developments into scenarios that inform firmwide decisions. It combines rigorous analysis with clear communication for senior stakeholders and uses automation and generative artificial intelligence to improve the efficiency and repeatability of forecasting work. JPMorganChase offers a competitive total rewards package, with base salary determined by role, experience, skill set, and location. Eligible roles may receive commission-based pay and/or discretionary incentive compensation in cash and/or forfeitable equity. Benefits and programs are available based on eligibility. The company is an equal opportunity employer and provides reasonable accommodations for applicants and employees.
Requirements
- Master’s degree in Economics, Econometrics, Quantitative Finance, Real Estate Finance, or a related field.
- Experience in economic research, forecasting, or analytics within a financial institution, central bank, consultancy, or similar environment.
- Working knowledge of housing and real estate economics, including price drivers, mortgage markets, and links to credit conditions and the broader economy.
- Proficiency in Microsoft Excel for analysis, forecasting support, and presentation-ready outputs.
- Programming experience in Python or R for data analysis, automation, or model support.
- Experience using generative artificial intelligence tools to improve analysis, productivity, or workflow efficiency.
- Strong written and verbal communication skills, including the ability to explain complex results to senior audiences.
- High attention to detail and a consistent focus on accuracy, clarity, and well-controlled outputs.
- Ability to prioritize and multitask effectively in a fast-paced environment with changing priorities.
- Authorization to work in the United States; the employer does not offer employment-based immigration sponsorship or assistance with other immigration sponsorship or benefits, including OPT or CPT.
Nice To Haves
- Experience supporting regulatory stress testing and capital planning scenario design and/or current expected credit loss scenario design.
- Experience forecasting or analyzing macroeconomic and financial variables using econometric or statistical methods.
- Hands-on experience building automated workflows or artificial-intelligence-enabled tools, such as data pipelines or large language model solutions.
Responsibilities
- Produce macroeconomic forecasts for scenario variables in partnership with Economics and Strategy Research, Risk, and Finance teams.
- Lead housing and real estate forecasts across key variables.
- Monitor economic and market data releases and synthesize implications for forecasts and scenario design.
- Draft clear, concise commentary explaining drivers, risks, and key forecast changes for stakeholders.
- Conduct ad hoc economic research and analysis to address stakeholder questions and emerging topics.
- Partner with quantitative model development teams to build and enhance forecasting methodologies, including housing and real estate models.
- Streamline manual workflows and strengthen controls and consistency through process improvements.
- Apply generative artificial intelligence and automation to improve efficiency, scalability, and repeatability of analyses.
- Prepare executive-level presentations and materials for senior management and internal partners.
- Manage multiple workstreams and time-sensitive requests while delivering accurate outputs on agreed timelines.
Benefits
- Comprehensive health care coverage
- On-site health and wellness centers
- Retirement savings plan
- Backup childcare
- Tuition reimbursement
- Mental health support
- Financial coaching
- Competitive total rewards package
- Eligible roles may receive commission-based pay and/or discretionary incentive compensation in cash and/or forfeitable equity
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
