ALM Senior Associate (Economic Scenario Design)

Location: New York City, NY; in-office position

Base salary: $103,500–$172,500 per year

Company

hirify.global is one of the largest banks in the United States, with $603 billion in domestic assets as of Q1 2026.

What you will do

• Develop and maintain the bank’s baseline macroeconomic forecast using economic data, market developments, and emerging risks.
• Design and deliver quarterly CECL scenarios for portfolio reserve estimation and regulatory compliance.
• Develop and maintain stress scenarios aligned with the Federal Reserve’s CCAR framework and supervisory expectations.
• Respond to ad hoc requests from business partners and senior management by assessing macroeconomic and financial market risks.
• Research macroeconomic trends, emerging risks, and forecasting methodologies to improve scenario design and analysis.
• Present economic views, forecasts, and scenario results to risk management, finance, and executive leadership.

Requirements

• Master’s degree or Ph.D. in Economics, Econometrics, or a related quantitative field preferred; a bachelor’s degree is required for the typical role level.
• At least 5 years of experience in macroeconomic forecasting, scenario design, stress testing, or economic research preferred.
• Experience with large-scale macroeconomic models and forecasting platforms such as Moody’s Analytics, Oxford Economics, or similar frameworks.
• Strong quantitative, statistical, financial analysis, and macroeconomic research skills.
• Proficiency with Python, R, MATLAB, EViews, or similar analytical tools.
• Strong written and verbal communication skills, including the ability to explain forecasts and risk scenarios to technical and non-technical audiences.

Nice to have

• Experience supporting CECL, CCAR, DFAST, stress testing, or other regulatory forecasting exercises.
• Knowledge of financial instruments, derivatives, investment reporting, asset allocation, and portfolio management.

Culture & Benefits

• In-office work environment with a focus on inclusion, support, and work-life balance.
• Full-time benefits may include medical, dental, vision, life and disability insurance, HSA options, 401(k) matching, pension, and stock purchase plans.
• Educational assistance, wellness programs, dependent care support, and adoption, surrogacy, and doula reimbursement may be available.
• Paid time off may include up to 11 holidays, 9 occasional absence days, and 15–25 vacation days depending on career level and eligibility.
• hirify.global does not provide employment visa sponsorship or participate in STEM OPT for this position.