One of the top American Investment Banks in the New York area is looking to bring a strong Macroeconomist onboard to develop macroeconomic scenarios used in stress testing for the firm. This is a role that gets direct exposure to the Global Head of Scenario Analytics and offers a fast-track for upward career trajectory.
This role will largely be responsible for developing assessments of risk and generating scenario analysis to be presented to senior stakeholders and business heads, while translating these assessments into scenarios that will impact portfolio drivers for the firm. This is a business-facing role that will collaborate with stakeholders and senior decision-makers on all macroeconomic scenarios and forecasting. Although this role will work with the econometric and scenario design modeling teams and an understanding of these models is required, this role will not be responsible for the hands-on modeling itself.
The firm is ideally looking for someone who has around 5-10 years of experience in the industry either from a central bank or private sector working as an economist, and with a higher education degree relevant to Economics or Econometrics. Excellent communication skills and the ability to articulate logical reasoning is required in order to effectively communicate with the stakeholders and senior management.
Responsibilities:
- Providing assessments of emerging macroeconomic and market risks
- Working with firm wide macroeconomic research to assess firm-wide risk exposures
- Develop macroeconomic scenarios and forecasting used in stress testing
- Assess risk drivers including market risk factors as well as economic variables
- Daily collaboration with senior stakeholders and management
Qualifications:
- PhD or Master's degree in Macroeconomics, Econometrics, Economics, etc.
- Prior experience developing forecasts with macroeconomic forecasting models
- 5+ years of experience in macroeconomic research and forecasting
- Excellent communication skills
Benefits
- Hybrid Schedule
- Full Insurance Benefits
- 401K
