JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.
The Firm™s Corporate Treasury function and the Chief Investment Office (together referred to as œCTC) 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
¢Managing the Firm™s capital risk and it™s regulatory compliance
CTC Risk manages the risk of the retained portfolio generated from the Chief Investment Office, Global Treasury, and œother Corporate businesses (Firm-wide Pension Plan, Insurance programs, and Mortgage Servicing Rights) including Market Risk, Credit Risk, Reputational Risk, Country Risk, Principal Risk, and Model Risk. CTC Risk is also is responsible for the end to end management of the firm™s Liquidity Risk, Interest Rate Risk, and Capital Risk. The CTC Chief Risk Officer (CRO) reports to the Firm-wide CRO.
Capital Management Oversight, which reports to the CTC Chief Risk Officer, risk team focuses on providing oversight of the firm™s capital risk, ensuring that the firm has sufficient level and appropriate composition of capital in normal and stressed economic conditions.
Specific responsibilities
¢Monitor capital metrics against capital risk limits and indicators, and escalate breaches
¢Ensure accuracy of capital metrics being reported
¢Perform independent assessment of the firm™s capital management activities such as assessment of the firm™s internal minimum capital targets and post stress internal minimums, and firmwide and LOB capital allocation results
¢Perform deep dives impacting firm™s capital such as changes in regulatory requirements, firms risk and/or balance sheet, market dynamics and present to senior management
¢Lead projects to enhance risk and leverage based capital metric monitoring
¢Frequent interactions with the key members of capital management, capital P&A, controllers and various support functions
Requirements:
3+ years experience in capital, liquidity and/or market risk, or other Risk areas; Treasury / Finance background will be considered
Strong analytical background
Knowledge of financial markets and various asset classes
Understanding of balance sheet and income statement
Strong PowerPoint and excel knowledge
Excellent oral and written communication skills with ability to explain technical concepts in practical terms
Strong analytical skills with the ability to develop thesis, clearly present ideas and draw appropriate conclusions
Self-starter able to work independently and prioritize key tasks effectively
Superior attention to detail and process management
Education: An undergraduate degree is required. Post-graduate degree/MBA is preferred
Keyword: consumer%20banking
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.
The Firm™s Corporate Treasury function and the Chief Investment Office (together referred to as œCTC) 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
¢Managing the Firm™s capital risk and it™s regulatory compliance
CTC Risk manages the risk of the retained portfolio generated from the Chief Investment Office, Global Treasury, and œother Corporate businesses (Firm-wide Pension Plan, Insurance programs, and Mortgage Servicing Rights) including Market Risk, Credit Risk, Reputational Risk, Country Risk, Principal Risk, and Model Risk. CTC Risk is also is responsible for the end to end management of the firm™s Liquidity Risk, Interest Rate Risk, and Capital Risk. The CTC Chief Risk Officer (CRO) reports to the Firm-wide CRO.
Capital Management Oversight, which reports to the CTC Chief Risk Officer, risk team focuses on providing oversight of the firm™s capital risk, ensuring that the firm has sufficient level and appropriate composition of capital in normal and stressed economic conditions.
Specific responsibilities
¢Monitor capital metrics against capital risk limits and indicators, and escalate breaches
¢Ensure accuracy of capital metrics being reported
¢Perform independent assessment of the firm™s capital management activities such as assessment of the firm™s internal minimum capital targets and post stress internal minimums, and firmwide and LOB capital allocation results
¢Perform deep dives impacting firm™s capital such as changes in regulatory requirements, firms risk and/or balance sheet, market dynamics and present to senior management
¢Lead projects to enhance risk and leverage based capital metric monitoring
¢Frequent interactions with the key members of capital management, capital P&A, controllers and various support functions
Requirements:
3+ years experience in capital, liquidity and/or market risk, or other Risk areas; Treasury / Finance background will be considered
Strong analytical background
Knowledge of financial markets and various asset classes
Understanding of balance sheet and income statement
Strong PowerPoint and excel knowledge
Excellent oral and written communication skills with ability to explain technical concepts in practical terms
Strong analytical skills with the ability to develop thesis, clearly present ideas and draw appropriate conclusions
Self-starter able to work independently and prioritize key tasks effectively
Superior attention to detail and process management
Education: An undergraduate degree is required. Post-graduate degree/MBA is preferred
Keyword: consumer%20banking
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 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. In accordance with applicable law, we make reasonable accommodations for applicants™ and employees™ religious practices and beliefs, as well as any mental health or physical disability needs.
The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the œWELL Health-Safety Rating for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.
As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm™s current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm™s vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.
Equal Opportunity Employer/Disability/Veterans
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.
