Senior Business Manager, Economic Research & Analysis (Remote-Eligible)

$168,700 - $192,600/Yr

Capital One - West McLean, VA

Full-time - Senior

West McLean, VA

Credit Intermediation and Related Activities

About the position

As the Senior Business Manager of the Economic Forecast team, you will be responsible for producing quarterly economic forecasts that are essential for business planning, loss forecasting, and allowance. This role involves designing economic scenarios for stress testing, including annual CCAR exams, and requires leveraging sophisticated models and analytical tools while applying sound business judgment. You will also be tasked with crafting narratives and presentations to communicate these forecasts and scenarios to stakeholders and senior committees, while staying updated on economic news and developments.

Responsibilities

• Produce quarterly economic forecasts for business planning and loss forecasting.
• Design economic scenarios for stress testing, including annual CCAR exams.
• Leverage sophisticated models and analytical tools to develop forecasts and scenarios.
• Craft and present narratives around forecasts and scenarios to stakeholders and senior committees.
• Stay abreast of economic news and interpret key economic reports.
• Collaborate with cross-functional teams including Data Analysts, Tech engineers, and Project Managers to modernize Economic Forecasting infrastructure.
• Provide guidance on the usage of macroeconomic variables to teams across the company.
• Oversee multiple projects and programs concurrently, ensuring timely execution.

Requirements

• Bachelor's Degree
• At least 2 years of experience in quantitative analysis
• At least 2 years of experience in qualitative analysis

Nice-to-haves

• Master's Degree in Business or a quantitative field such as Finance, Economics, Physical Sciences, Math, Statistics, Engineering
• Knowledge of EViews or other statistical packages for time-series oriented econometric analyses
• Familiarity with economic forecasting tools from leading providers such as S&P IHS or Moody's
• 3+ years of experience in economic analysis
• 3+ years of experience in economic forecasting

Benefits

• Comprehensive health benefits
• Financial benefits including performance-based incentives
• Inclusive workplace environment
• Support for total well-being