Provide risk coverage for interest rate risk in the banking book for the firm; including monitoring, limit management, deep-dives and scenario analysis on key IRR measures Establish analytics, processes to suggest solutions with respect to IRR management – Strategy, Model Assumptions and connectivity with related Risks, e.g. Liquidity Risk and Capital Risk Continue to drive innovation through emerging technologies, as well as outside the box thinking Stay abreast of markets, best practices, and ... more details
Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
As an Risk Management - Treasury and Chief Investment Office - Interest Rate Risk Management team, you will be responsible for managing the firm's and Line of Business's interest rate risk exposure. This exposure arises from traditional banking activities such as loan extensions, credit facilities, deposits, debt issuance, and the impact from the Chief Investment Office's investment securities portfolio and other related activities. These activities are collectively referred to as Interest Rate Risk in the Banking Book or IRRBB. Additionally, you will provide Risk Management Oversight on the Firm’s Funds Transfer Pricing (FTP) framework, which includes Base FTP, Liquidity Premium, and Resource Allocation.
The Firm’s Corporate Treasury function and the Chief Investment Office (together referred to as “Treasury/CIO”) manage the Firm’s balance sheet. This includes activities such as:
- Deploying the Firm’s excess liquidity
- Managing the Firm’s funding and liabilities
- Managing the Firm’s structural interest rate and foreign exchange risk
- Managing the Firm’s liquidity risk and its regulatory compliance
Job Responsibilities
- Provide risk coverage for interest rate risk in the banking book for the firm; including monitoring, limit management, deep-dives and scenario analysis on key IRR measures
- Establish analytics, processes to suggest solutions with respect to IRR management – Strategy, Model Assumptions and connectivity with related Risks, e.g. Liquidity Risk and Capital Risk
- Continue to drive innovation through emerging technologies, as well as outside the box thinking
- Stay abreast of markets, best practices, and trends to help the firm navigate a complex ALM and Regulatory landscape
- Provide independent assessment of firm’s strategy for managing interest rate risk, and changes to model assumptions including deposits, mortgages and other financial products
- Enhance key risk analytics for senior management, and business partners
- Perform deep-dives, as appropriate, on relevant ALM topics to support independent risk analysis
Required qualifications, capabilities, and skills
- 5+ years experience in Trading, Risk Management, Treasury or a Finance function
- Knowledge of standard financial concepts, strong analytical skills, critical thinking, investigative problem-solving
- High level of self-initiative required, including an ability to balance and execute multiple projects
- Demonstrated effectiveness working independently and in multi-disciplinary teams
- Excellent oral and written communication skills with ability to prepare executive level presentations
- Demonstrated ability to work effectively across different businesses and functional areas
Preferred qualifications, capabilities, and skills
- Understanding of Balance Sheet management, Interest Rate Risk, Funds Transfer Pricing; or Capital Markets trading environment exposure a strong plus
- Understanding of AI and Machine Learning driven analysis for financial applications is a strong plus
