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J.P. Morgan

Risk Management - Climate Macroeconomic Modeler - Vice President

J.P. Morgan, New York, New York, us, 10261

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Risk Management - Climate Macroeconomic Modeler - Vice President

New York, NY, United States

Job Information

Job Identification

210617571 Job Category

Firmwide Risk and Compliance Business Unit

Corporate Sector Posting Date

01/05/2025, 16:30 Locations

237 Park Ave, New York, NY, 10017, US Job Schedule

Full time Base Pay/Salary

New York,NY $152,000.00-$199,000.00 Job Description

Are you passionate about making a difference in the world of risk management? As part of our Climate, Nature, and Social Risk Modelling team, you will play a crucial role in maintaining JPMorgan Chase's strength and resilience. Your expertise in data analysis, research, and communication will help develop climate and nature risk capabilities across the organization. Collaborate with internal stakeholders to gain insights into the diverse factors influencing climate change assessments at a global financial institution. If you thrive in an agile environment and excel in leading and persuading others, this is the perfect opportunity for you. As a Climate, Nature and Social Risk Modelling Senior Associate/Vice President within the Climate, Nature, and Social Risk Modelling team, you will play a pivotal role in defining the company's strategy for managing risks related to climate, nature, and social issues. Your collaboration with various internal stakeholders will be crucial, utilizing your robust data analysis, research, and communication skills to aid in the enhancement of our climate and nature risk capabilities. Your established history of responsibility and accountability will be vital as you participate in large-scale, high-impact projects, showcasing your skills in building relationships and executing tasks. Job responsibilities Establish and refine transmission channels between Integrated Assessment Models and large-scale global macro-econometric models. Contribute to climate and nature risk scenarios to assess the impact of related shocks on national, sectoral, and regional economies. Continuously improve existing macroeconomic models to better capture the complexities of climate and nature risks. Develop new models as necessary to address emerging economic issues related to climate and nature. Collaborate with climate scientists, economists, and risk professionals to ensure a comprehensive approach to climate and nature risk assessment. Integrate macroeconomic insights into broader risk strategies. Stay informed on the latest research and developments in macroeconomics, climate science, and related fields. Conduct original research to enhance understanding of the economic impacts of climate change and transition. Monitor regulatory changes and guidelines related to climate and nature risk management and scenario design. Ensure scenario analysis activities comply with relevant regulatory requirements and industry standards. Required qualifications, capabilities, and skills Advanced degree (master’s or Ph.D.) in Economics, Environmental Economics, Climate Science, or a related field. Demonstrated experience in macroeconomic forecasting, climate risk analysis, or related areas. Solid background in econometric and statistical modelling techniques. Familiarity with climate models and the integration of climate data into economic models. Proficiency in econometric software and statistical tools (e.g., R, Stata, MATLAB, Python). Strong analytical skills to interpret complex data and model outputs. Ability to work effectively in cross-functional teams, collaborating with economists, climate scientists, and risk analysts. 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.

Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.

Similar Jobs Joining the Climate, Nature, and Social Risk team, you will be instrumental in shaping the firm's approach to managing climate, nature, Lead risk management and modeling team as Vice President, promoting strategic initiatives and model development Join the team at JPMorgan Chase responsible for model risk governance and review of valuation models for securitized products. Utilize your modeling experience where you will focus on Pre-Provision Net Revenue stress modeling methodologies.

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