AVP Financial Economist

  • 100K+
  • New York, NY, États-Unis
  • Plein-temps, CDI
  • BNP Paribas
  • 18 sept. 17

Business Overview: The Intermediate Holding Company (“IHC”) program structured at the U.S. level across poles of activities of BNP Paribas provides guidance, supports the analysis, impact assessment and drives adjustments of the U.S. platform’s operating model due to the drastic changes introduced by the Enhanced Prudential Standards (“EPS”) for Foreign Banking Organizations (“FBOs”) finalized by the Federal Reserve in February 2014, implementing Section 165 of U.S. Dodd-Frank Act.

The successful candidate will work for the IHC Economic Research Group as an econometrician within the economic modelling team. They will apply their strong quantitative and organizational skills to help build a macro model for the US with detailed documentation. Key tasks will include, but will not be limited to:
• Design and construct macroeconomic and financial market models within a large macro model where variable paths are consistent.
• Document model justification and provide comparisons with literature.
• Develop model simulations that will allow for/ incorporate systemic risk.
• Develop a formal system and documentation for models that were rejected and those accepted. Develop a model manual incorporating f tests for model deficiencies and consistency checks.
• Develop innovative slides to visualize large data set for Working Group and/or Committee review of the model descriptions and variable paths.
• Work with key stakeholders to understand variable sensitivities to financial projections.
• Work with economics management, keeping them up to speed on progress and issues arising to ensure speedy resolution.
• All other duties as assigned.

Minimum required qualifications:
• PhD or Master’s degree in relevant field of study.
• Extraordinary data management skills.
• Experience in building econometric forecasting models or working with large-scale econometric models such as IHS, Macroadvisors or Moody's.
• Experience in capital markets and macroeconomic analysis.
• Strong statistical programming skills in R and Eviews.
• Strong team working skills are essential.
• Applicant must be fluent in English (excellent written and verbal skills).
• Excellent understanding of macro-economic relationships and financial market variables.
• Flexibility to work longer hours when required is essential due the nature of the role.

Preferred qualifications:
• Relevant industry experience.
• Experience with data visualization such as R Shiny.
• Experience with bank CCAR stress testing. Understand the connection between economic scenario generation and bank's risk/capital framework.

FINRA Registrations Required: