CORP_Global Finance and Business Management_Managing Director Details

CORP_Global Finance and Business Management_Managing Director

JPMorgan Chase Bank, N.A. - New York, NY

Employment Type : Full-Time

Group Overview

The Firmwide Economic Scenarios & Analytics team within Global Finance oversees the development and distribution of economic assumptions used in the Firm's forecasting processes. The team collaborates with Economics and Strategy Research teams, Risk functions in Corporate and LOBs, Financial P&A teams, Treasury / CIO, and other Corporate areas, such as Investor Relations. Economic assumptions cover key U.S. and global economic indicators, fixed income markets, equity markets, etc. The team develops scenarios across a range of potential economic backdrops that are distributed firmwide and used in various U.S. and international forecasting exercises. The team operates in the U.S. (primarily New York) and Warsaw, Poland.

Overview & Responsibilities

The Head of Firmwide Economic Scenarios & Analytics is expected to lead the development and growth of the team, drive process improvement and automation, and ensure appropriate controls are always in place. The Head will lead a U.S. / Poland based team and manage the execution of U.S. and international macroeconomic variable forecasts (e.g. GDP, unemployment, inflation metrics, monetary policy, interest rates, credit spreads, equity indexes, FX rates, etc.). The Head will communicate those forecasts to senior executives, including the Firm's CFO and CRO. Further responsibilities include:

• Manage the design and execution of macroeconomic forecasts, partnering with key forecasting partners (JPM Economic / Strategy Research teams and other subject matter experts) and consumers of the scenarios (LOB Risk and Finance teams)
• Explain key elements of the scenarios and economic environment to primary stakeholders such as senior management, LOBs, as well as Risk, Finance, and quantitative model development teams
• Partner with functions across the Firm to drive priorities and ensure consensus among stakeholders and senior management
• Drive enhancement of the team's processes and continually assess and incorporate automation solutions
• Oversee the hands-on development, enhancement, and documentation of macroeconomic forecasting methodologies, ensuring compliance with regulations and best practices
• Manage preparation of commentary on economic releases and events, stay abreast of trends in equity markets, fixed income markets, mortgage markets, etc., and anticipate implications for macroeconomic forecasting and scenario design
• Lead 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
• Lead oversight and management of interactions with internal and external Audit teams as well as the overall control environment

• Bachelor's Degree in Economics or a related field such as Econometrics, Finance, or Quantitative Finance; Master's / Ph.D. a plus
• 10+ 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 and familiarity with macroeconomic forecasting methods and scenario analysis
• A proven track record of driving process improvement and automation while continually enhancing controls
• Demonstrated leadership capabilities, including ability to manage and develop a cross-border team, while also driving individual career and professional growth of team members
• Excellent communication skills (verbal and written), with the ability to manage the preparation and delivery of executive level presentations. Ability to communicate ideas in a clear and convincing way, including defending and explaining difficult and complex concepts to subject matter experts, senior management, and regulators
• Strong quantitative, analytical, and problem-solving skills. Inquisitive nature, ability to ask the right questions and find solutions

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. These requirements may include sharing information in the firm's vaccine record tool, vaccination or regular testing, mask wearing, social distancing and daily health checks. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests.

Equal Opportunity Employer/Disability/Veterans