Economic Scenarios - Associate

Posted Yesterday
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New York, NY, USA
Hybrid
Entry level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Develops macroeconomic scenarios and forecasts supporting planning, stress testing, and credit loss estimation. Leads housing and real estate forecasting, monitors economic data, conducts research, partners on quantitative models, and communicates insights to senior stakeholders. Improves forecasting processes through automation, generative AI, documentation, and workflow controls while managing multiple time-sensitive workstreams.
Summary Generated by Built In

Help shape how a global financial firm plans for the future. In this role, you will translate economic data and market developments into scenarios that inform high-impact decisions across the firm. You will combine rigorous analysis with clear storytelling for senior stakeholders. You will also help us modernize how we work by using automation and generative artificial intelligence to make forecasting more scalable and controlled.


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 meaningful ownership of housing and real estate variables, bringing strong economic intuition and disciplined analytical methods to each scenario. You will work closely with partners across Economics and Strategy Research, Risk, Finance, and other corporate functions to ensure our scenarios are well-grounded, consistent, and clearly communicated. You will also help us strengthen our forecasting process by improving tools, documentation, and automation so our work is faster, more robust, and more scalable.

Job 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 that explains 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
  • Execute process improvements by streamlining manual workflows and strengthening controls and consistency
  • Apply generative artificial intelligence and automation approaches 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

Required qualifications, capabilities, and skills

  • 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, with a consistent focus on accuracy, clarity, and well-controlled outputs
  • Ability to prioritize and multitask effectively in a fast-paced environment with changing priorities

Preferred qualifications, capabilities and skills

  • 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 (for example, data pipelines or large language model solutions)

Additional Information

To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).

About Us
JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

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. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

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.

Skills Required

  • 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, credit conditions, and the broader economy
  • Proficiency in Microsoft Excel
  • 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 for explaining complex results to senior audiences
  • High attention to detail and focus on accuracy, clarity, and controlled outputs
  • Ability to prioritize and multitask effectively in a fast-paced environment
  • Experience supporting regulatory stress testing, capital planning scenario design, 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

JPMorganChase Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.

  • Healthcare Strength — Health coverage is considered comprehensive, including medical, dental, and vision, alongside wellness and mental health resources. Some locations add onsite health centers and related wellbeing support.
  • Retirement Support — Retirement offerings include a 401(k)-type savings plan and related financial benefits, with options such as employee stock purchase participation. Financial planning resources are also highlighted to support long-term savings.
  • Parental & Family Support — Paid parental leave of 16 weeks for birth or adoption is available for all parents. Child care and back-up child care resources further reinforce family support.

JPMorganChase Insights

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The Company
HQ: New York, NY
289,097 Employees
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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