Risk Management Consultant5+ Months Irving, TX (100% remote) Web Cam Interview $80/Hr on W2Note:4-10 years of economics related work experienceEconomics exp in research companyDevelop macroeconomic/ Macro Scenario Design.CCAR/CECL experienceFlexible in Statistical Software, they use Python OR R - Knowledge or experience is usefulMaster's Degree in economics is must, Phd is preferred in MacroeconomicsRisk Management is a huge plusForecasting Model expStress Testing Exp is preferredJob DescriptionThe 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.ResponsibilitiesSupport 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 audiencesWork with Risk ID team to map Top and Material Risks to the scenario narrativesQualifications6-10 years of economic research and model development experience in forecasting economic and financial variablesExperienced in building macroeconomic forecasting modelsFamiliar with CCAR/CECL scenariosExperience of working with large data setsProficiency in a statistical software package (e.g. Python/R) or similar preferredExceptionally detail-oriented with the ability to synthesize large amounts of data and various viewpoints, summarize key concepts, and clearly articulate relevant conclusionsAbility to deliver in tight deadlinesInquisitive nature, strong quantitative, analytical, and problem-solving skillsDemonstrated project management and organizational skills and capability to handle multiple projects at one timeEducationMasters' degree or equivalent experience, preferred PhD degree