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JPMorgan Chase Risk Management - Treasury and Chief Investment Office - Interest Rate Risk Management - Executive Director in New York, New York

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 a Risk Management - Treasury and Chief Investment Office - Interest Rate Risk Management - Executive Director, you will provide risk coverage for the Firm and Line of Business interest rate risk exposure arising from the firm's traditional banking activities which includes the extension of loans and credit facilities, taking deposits and issuing debt, and the impact from the Chief Investment Office investment securities portfolio and other related Chief Investment Office and Treasury activities (collectively referred to as Interest Rate Risk in the Banking Book or IRRBB). This function also provides Risk Management Oversight on the Firm's Funds Transfer Pricing (FTP) framework - including 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

  • Manage a team to 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

  • Act as a thought leader and suggest solutions with respect to IRR management - Strategy, Model Assumptions and connectivity with related Risks, e.g. Liquidity Risk and Capital Risk

  • Guide 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

  • Contribute and participate in key Governance forums, including Asset-Liability Management Forum and CTC Risk Committee

  • Maintain an industry view of ALM through peer bank earnings analysis and other research driven projects

Required Qualifications, Skills and Capabilities

  • 10+ years experience in Trading, Risk Management, Treasury or a Finance function

  • Prior People Management experience, and in a decision making role

  • Knowledge of standard financial concepts, strong analytical skills, critical thinking, investigative problem-solving

  • Understanding of Balance Sheet management, Interest Rate Risk, Funds Transfer Pricing; or Capital Markets trading environment exposure a strong plus

  • Deep understanding of Deposit interest rate modeling is a strong plus

  • Understanding of AI and Machine Learning driven analysis for financial applications is a strong plus

  • 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

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

New York,NY $166,250.00 - $270,000.00 / year

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