Private Bank, Senior Macro Strategist, Executive Director

Location: New York, NY, United States

Job Family: Product Development

About the Role

At JP Morgan Private Bank, we are seeking a Senior Macro Strategist at the Executive Director level to join our dynamic Investment Strategy Team in New York, NY. In this pivotal role, you will lead the development and communication of the firm's authoritative views on interest rates, shaping investment strategies for ultra-high-net-worth clients across the globe. As a key contributor to our Product Development category, you will leverage deep macroeconomic expertise to forecast interest rate movements, analyze central bank policies, and integrate these insights into tailored portfolio solutions. This position offers the opportunity to influence JP Morgan Chase's thought leadership in fixed income markets while collaborating with elite teams in one of the world's leading financial institutions. Your primary focus will be on producing high-impact research that drives client decisions, including detailed reports on yield curve dynamics, inflation trends, and monetary policy implications. You will engage directly with relationship managers and clients to translate complex macro scenarios into actionable advice, ensuring alignment with JP Morgan's risk-averse yet innovative approach to private banking. Additionally, you will work cross-functionally with trading desks, research analysts, and product teams to refine interest rate strategies that enhance our offerings in bonds, treasuries, and related derivatives. This role demands a strategic mindset to anticipate market shifts and contribute to the firm's broader economic narrative. Joining JP Morgan Chase means becoming part of a prestigious legacy in financial services, with access to unparalleled resources, global networks, and career growth opportunities. We value intellectual rigor, client-centric innovation, and a commitment to excellence, making this an ideal position for a seasoned macro expert ready to elevate their impact in private wealth management. If you thrive in a collaborative, high-performance environment and have a passion for macro strategy, we invite you to bring your expertise to our team and help guide the future of interest rate investing.

Key Responsibilities

• Develop and articulate JP Morgan Private Bank's macroeconomic views on interest rates, including forecasts for Fed policy, yield curves, and inflation dynamics
• Collaborate with the Investment Strategy Team to integrate macro insights into client portfolio recommendations and asset allocation strategies
• Conduct in-depth research and quantitative analysis on global economic indicators affecting interest rates, producing regular reports and presentations
• Communicate complex macro strategies to high-net-worth clients, relationship managers, and executive leadership through meetings, webinars, and written briefs
• Monitor real-time market developments and central bank announcements to provide timely updates and tactical advice to the Private Bank
• Partner with product development teams to innovate fixed income solutions aligned with macro outlooks
• Mentor junior strategists and contribute to the firm's thought leadership on macroeconomic trends
• Ensure all strategies comply with JP Morgan's risk management frameworks and regulatory standards
• Analyze the interplay between interest rates and other asset classes, such as equities and currencies, for holistic portfolio guidance

Required Qualifications

• Bachelor's degree in Finance, Economics, or a related quantitative field; advanced degree (MBA, Master's in Finance, or PhD) strongly preferred
• 10+ years of experience in macroeconomic analysis, interest rate strategy, or fixed income research within investment banking or asset management
• Proven track record of developing macroeconomic forecasts and communicating insights to senior stakeholders in a financial services environment
• Deep knowledge of global interest rate markets, central bank policies, and their impact on private banking portfolios
• Experience working in a high-stakes, client-facing role at a major financial institution like JP Morgan Chase
• Strong analytical skills with proficiency in econometric modeling and financial data analysis
• Ability to obtain necessary regulatory licenses (e.g., Series 7, 63) as required for advisory roles

Preferred Qualifications

• Prior experience at JP Morgan Chase or a bulge-bracket investment bank in macro strategy or research
• Publication history in financial journals or contributions to industry reports on interest rates
• Familiarity with JP Morgan's proprietary tools and platforms for market analysis
• CFA charterholder or equivalent certification in investment management
• International experience in emerging markets macro analysis

Required Skills

• Advanced econometric modeling and statistical analysis
• Proficiency in financial software like Bloomberg, Reuters, or JP Morgan's internal platforms
• Expertise in interest rate derivatives and fixed income instruments
• Strong quantitative skills in forecasting and scenario analysis
• Excellent written and verbal communication for client presentations
• Macroeconomic research and data interpretation
• Risk assessment and portfolio optimization techniques
• Leadership and team collaboration in fast-paced environments
• Regulatory knowledge of SEC and FINRA guidelines
• Strategic thinking for long-term market outlooks
• Attention to detail in data-driven decision making
• Adaptability to volatile financial markets
• Interpersonal skills for stakeholder engagement
• Proficiency in Excel, Python, or R for data analysis

Benefits

• Competitive base salary and performance-based bonus structure, with total compensation reflecting Executive Director level
• Comprehensive health, dental, and vision insurance plans for employees and dependents
• 401(k) retirement savings plan with generous company matching contributions
• Paid time off including vacation, sick days, and parental leave
• Professional development opportunities, including tuition reimbursement and access to JP Morgan's internal training programs
• Wellness programs with gym memberships, mental health support, and employee assistance services
• Flexible work arrangements, including hybrid options in New York, NY
• Exclusive perks such as employee stock purchase plans and global travel discounts through JP Morgan partnerships

JP Morgan Chase is an equal opportunity employer.