Economist

Intensive banking/financial experience is a must have Qualifications, skills, and all relevant experience needed for this role can be found in the full description below. Position Details: Client: Banking Job Title: Stress Testing Consultant Location: 100 % Remote (CST hours) Duration: 6 Months + Possible extension Schedule: Shift hours: Basic Business Hours Start Date: ASAP Pay Range: $85/hr - $88/hr Job Description: The contractor will report to the Head of Macro Scenario Design. S/He will help scenario design team in the firm-wide economic scenario generation and other stress testing processes, including CECL, Rapid Stress Testing (RST), CCAR and enterprise stress testing etc. S/He will support all scenario design, model documentation and ongoing model maintenance, data quality controls, production oversight, reporting and reviews. This role also collaborates with the Economics and Strategy Research teams, other Risk functions, several line of businesses and Finance. Responsibilities: Support scenario design process, including conducting research to come up with a range of possible macroeconomic scenario concepts, preparing the scenario narrative and forecasting macroeconomic series under the scenarios Communicate scenarios to diverse audiences Work with Risk ID team to map Top and Material Risks to the scenario narratives Qualifications: 6-10 years of economic research and model development experience in forecasting economic and financial variables Experienced in building macroeconomic forecasting models Familiar with CCAR/CECL scenarios Experience of working with large data sets Proficiency in a statistical software package (e.g. Python/R) or similar preferred Exceptionally detail-oriented with the ability to synthesize large amounts of data and various viewpoints, summarize key concepts, and clearly articulate relevant conclusions Ability to deliver in tight deadlines Inquisitive nature, strong quantitative, analytical, and problem-solving skills Demonstrated project management and organizational skills and capability to handle multiple projects at one time Education: Masters' degree or equivalent experience, preferred PhD degree

Created: 2025-01-15