Are you passionate about tackling difficult questions, using data to drive insights and looking for the opportunity to support industry-leading businesses with your analysis? As a member of the Corporate and Investment Bank (CIB) Treasury (CIBT) Deposit Analytics team, you will play a role in aiding the CIB's Interest Rate Risk in the Banking Book (IRRBB) and Liquidity management functions. You will work with our leading wholesale deposit-taking businesses, Corporate Treasury and Risk to proactively manage the CIB's deposit analytics tasks.
The Corporate & Investment Bank Treasury department is a critical function within CIB Finance and Business Management. It is responsible for managing the liquidity, balance sheet and capital positions of the investment banking businesses, establishing transparent and market-based funds transfer pricing policy, and developing methodologies and metrics to improve the leverage, capital, collateral and liquidity risk management capabilities of the Corporate and Investment Bank.
CIB Treasury Deposit Analytics, a unit within CIB Treasury, is responsible for
Supporting the Asset and Liability Management (ALM) side of the CIB's banking book with focus on Interest Rate Risk
Developing approaches to liquidity stress testing and monitoring results
Supporting effective Funds Transfer Pricing, Liquidity Premium allocations and SVA return analysis
Modelling Balance sheet and NII for the CIB's deposit businesses, including supporting normal business forecasting processes and regulatory submissions such as CCAR
Providing treasury-related guidance and support to our CIB Payments and Securities Services businesses
Responsibilities:
Read, understand and support interpretation of regulatory liquidity (LCR, NSFR) and capital policies and be able to think clearly about and articulate the application of these rules to CIB deposit businesses
Work independently and collaboratively with CIB businesses and Global Treasury to support development of appropriately robust approaches to liquidity stress testing, including being able to develop, clearly document and support assumptions about deposit liquidity in stressed market conditions
Build close partnerships with lines of business to build understanding of client-driven liquidity and balance sheet dynamics and to maintain business liquidity and capital forecasts
Develop approaches to ad hoc issues to ensure appropriate treatment of business balances in liquidity reporting and funds transfer pricing
Support development of quantitative analysis and tools to support business analysis
Support ad-hoc projects and analyses as needed by senior management or regulatory initiatives, such as
Assist in the CIB's interest rate risk in the banking book (IRRBB) work, aiding the daily risk review process as well as working with CIB deposit businesses to ensure appropriate modelling of deposit interest rate risk
Improve the IRRBB framework for the CIB, developing reports and tools to better analyse CIB risk and driving a culture of ongoing process improvements
Work both independently and collaboratively within CIB Treasury, Corporate Treasury, Risk, Quantitative Research and deposit businesses to build understanding of IRRBB models and provide CIB-specific input to modelling assumptions and model development
Produce timely and accurate analysis for regulatory requirements (such as CCAR/Risk Appetite), reporting on the banking balance sheet and liquidity positions and providing clear insight to explain the modelled impacts
Own routine BAU processes, complete ad-hoc requests, and provide support as needed to senior analytics team members
Required Qualifications, Capabilities and Skills:
Bachelor degree required: Finance, Economics or other quantitative fields is desirable
Experience in financial services, ideally in work related to deposits, liquidity or IRRBB
You should be skilled at performing complex and quantitative analyses - strong analytical, creative thinking and problem-solving skills are needed and mathematical / statistical intuition is helpful. You should be comfortable working with and interpreting data to draw conclusions
You must be versatile, able to work effectively independently or as part of a team in a fast-paced and dynamic environment; you should be able to work under pressure, rapidly prototype solutions, prioritize multiple tasks simultaneously and bring projects to completion
You should be a self-starter, able to organize and execute responsibilities with limited supervision, taking ownership of tasks at hand and mobilizing others, while also knowing when to escalate and involve managers. Strong interpersonal, organizational, and communications skills are essential, including the ability to present information in a clear, concise, and effective manner to a wide variety of audiences
Strong computer skills, particularly in Excel, PowerPoint, Word, Access: basic Python programming experience or experience with digital accelerators (e.g., Alteryx) or a keen willingness to learn is preferred
Preferred Qualifications, Capabilities and Skills:
Working knowledge of financial analysis, liquidity risk, balance sheet analysis, regulatory requirements (US/Basel) and accounting concepts is beneficial
Prior experience in IRRBB and/or deposit liquidity concepts is preferred
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/Veterans
Base Pay/Salary
Brooklyn,NY $84,600.00 - $110,000.00 / year