Join the Corporate Treasury Middle Office (CTMO) at JPMorgan, a key part of the TCIO organization, where precision and innovation are at the forefront. Our team specializes in Funds Transfer Pricing (FTP) and structural interest rate risk (SIRR) reporting, ensuring data integrity and accuracy for the Firm's risk reporting process. We coordinate comprehensive Firmwide and Line of Business reports, collaborate globally to address variances in key risk measures, and leverage advanced technology to modernize processes and controls. Be part of our journey in redefining risk reporting with unmatched precision and innovation.
As a Risk Reporting Associate within the Corporate Treasury Middle Office (CTMO) at JPMorgan, you will enhance your understanding of asset and liability management principles for a large financial institution with a balance sheet exceeding $4 trillion. You will develop a solid grasp of the key risk measures used by financial institutions to manage Structural Interest Rate Risk (SIRR), Funds Transfer Pricing (FTP), and liquidity risk exposure. Staying informed about industry changes and the evolving regulatory landscape as they pertain to SIRR, FTP, and liquidity risk will be crucial. You will frequently interact with senior executives and external regulators as part of ad hoc analysis requests. Additionally, you will become an expert in data management and analysis, honing your technical and programming skills with analytical and business intelligence tools such as MS Excel/Access, Tableau, Alteryx, and Databricks.
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The Treasury and the Chief Investment Office (TCIO) within JPMorgan is responsible for firm wide asset and liability management for one of the world's largest global financial institutions with a $4+ trillion balance sheet, including more than $1.3 trillion in loans and $2.4 trillion in deposits. Because it sits at the very center of the firm, TCIO directly influences the composition of the firm's balance sheet as well the activities of the firm's four main lines of business (LOBs): Asset & Wealth Management, Commercial Banking, Corporate & Investment Bank, and Consumer & Community Banking.
Job Responsibilities:
- Develop strong partnerships with lines of business, Technology and other CTMO peers globally to understand the end-to-end processes of transactions. This includes sourcing and analyzing the underlying financial data and scenario assumptions used to create the reports and the execution of all associated processes and controls as part of a predefined global operating model.
- Lead projects end-to-end, support management in the planning and prioritization of technology initiatives. This includes working internally across lines of business, Technology, and with key stakeholders to track issue status, facilitate resolution of issues, and present updates at stakeholder reviews periodically.
- Engage in the implementation of specific Risk Reporting focused projects. Perform analysis, work with technology to test new functionality and evidence test results.
- Participate in daily and weekly MIS meetings and formal risk review sessions with internal business and risk stakeholders to review status of key issues and change management initiatives.
- Update risk policies and procedures periodically and as needed.
Required qualifications , skills, capabilities:
- 2+ years' experience in financial operations specifically in financial reporting, project management, balance sheet analysis and\or asset and liability or liquidity management.
- Ability to build out a global operating model and end-to-end documentation for establishing role and responsibilities across technology, operations, project management and Line of Business teams.
- Strong analytical skills including the ability to complete data investigations and summarize findings in a clear and meaningful way and make connections that lead to innovative business solutions.
- Proven leadership experience including ability to facilitate project and process improvements across a large organization.
- Strong technical skills; Experience with MS Office Suite. Experience with data visualization and analysis tools such as Tableau and Databricks
- Independent critical thinking, problem-solving and decision-making talents.
- Ability to work under pressure, prioritize, multitask, and bring tasks to complete closure.
- Organized and able to execute responsibilities with minimal supervision.
- Strong written and verbal communication skills with ability to prepare executive level presentations.
Preferred qualifications, skills, and capabilities:
- Coding languages such as SQL and Python are a plus but not required.
ABOUT US
JPMorganChase, 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. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of 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 & Co. is an Equal Opportunity Employer, including Disability/Veterans
ABOUT THE TEAM
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.