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-classYou will interact and partner with Business Units and other corporate functions to obtain, understand, analyze, and draw conclusions with respect to potential liquidity risks implications. You will also continuously assess any emerging risks to Firm's liquidity by monitoring evolving short-term funding markets and present conclusions to senior management.Job Responsibilities
Provide independent risk challenge and oversight on Treasury with a focus on liquidity risk arising from Banking products (i.e. loans and commitments). Review internal liquidity stress test assumptions for Banking products (e.g. loans, commitments etc) identifying potential vulnerabilities and risks
Undertake analysis of material balance sheet changes and supervise analysts/associates to assess liquidity risk impacts for 3 lines of business (Consumer and C ommunity B ank, Asset & Wealth Management and Commercial & Investment Bank) for Banking products (e.g. loans, commitments etc.)
Lead the process of establishing and monitoring limits, indicators, and thresholds for Banking products across 3 lines of business
Lead the development of liquidity risk reporting views to provide visibility and analytics into Liquidity Coverage Ratio, Net Stable Funding Ratio and internal stress liquidity impacts. Coordinate with reporting team to ensure reports are built out and delivered on time
Develop and present (as appropriate) material for Risk Committees. Fulfil regulatory requests pertaining to liquidity risk from a second line risk management
Be involved in second line review and challenge requirements such as change management, user testing, data and controls review and other matters that impact liquidity risk for product coverage area
Participate in regulatory exam reviews and address regulatory requests for own area of coverage
Required qualifications, capabilities, and skills
Minimum 5-7 years of experience in banking industry across treasury, liquidity risk, market risk and/or finance function in Banking
An undergraduate degree is required; post-graduate degree/MBA is preferred. Bachelor's degree in Mathematics, Finance, Economics or related discipline
Understanding of Liquidity risk and requirements. Understanding of balance sheet analysis especially for Banks for traditional banking products
Understanding of the governance and controls surrounding risk monitoring including, stress testing, various return measures and experience with development or review of stress assumptions involving high level of judgment
Strong analytical and critical thinking skills, as well as a high level of self-initiative required, including an ability to balance and execute multiple projects. Demonstrated ability to work effectively and independently across different businesses and functional areas
Excellent oral and written communication skills
Strong technical skills in Excel, Power point, Access, VBA, Tableau and Bloomberg - ability to automate periodic tasks involving multiple/large data set
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.JPMorgan Chase is an Equal Opportunity Employer, including Disability/VeteransBase Pay/SalaryNew York,NY $138,700.00 - $222,000.00 / year