Asset-Liability Management/Interest Rate Risk, Senior Associate
Aumni
Job Description
JPMorgan Chase is seeking a Senior Associate to join our Asset/Liability Management Analytics team within the Treasury/Chief Investment Office (T/CIO).
As a Senior Associate in our Asset/Liability Management Analytics team within the Treasury/Chief Investment Office, you will be focusing on Interest Rate Risk (IRR) analytics and strategy. You will be involved in both business as usual ALM processes and strategic initiatives around balance sheet analysis. This includes measuring the firm’s interest rate risk, understanding balance sheet composition and main promoters of IRR under a range of scenarios, conducting analyses around balance sheet strategy and financial products leveraging large data sets, and communicating analytics to management and partners across the firm.
Job responsibilities:
- Create IRR analytics at the product, line-of-business and firm level including: earnings-at-risk, duration, future duration, and valuation sensitivity
- Create and present IRR analysis to senior management for strategic decision making
- Handle ad-hoc requests from various stakeholders to form and execute firm’s balance sheet strategy
- Partner with TCIO portfolio managers, TCIO research, line of business treasury groups, firm wide planning and analysis, IRR reporting/production team, risk oversight, model risk
- Perform as a product level expert with detailed understanding of IRR for specific product categories (e.g. investment securities, wholesale or retail deposits, mortgage loans, auto loans, credit card loans, wholesale funding), including underlying source data analysis, product attributes and assumptions, valuation models, product balance forecasts
- Utilize analytical and programming skills to investigate and analyze product and firm level interest rate risk metrics
- Develop, improve and implement product level cash flow models
- Use tools and knowledge to assist production team to implement advanced IRR analytics and analysis
Required qualifications, capabilities and skills:
- 3+ years of of finance/banking industry experience
- CFA/MBA/Masters degree
- Programming skills (Python, SQL)
- Knowledge of fixed income instruments, banking book products and interest rate risk
- Strong analytical and quantitative, investigative problem-solving, and decision making skills
- An organized self-starter and quick learner with the ability to work under pressure, prioritize multiple tasks, and bring tasks to complete closure
- Finance, Risk or Asset-Liability Management experience
- Experience working with large data sets
- Strong technical skills in Excel and PowerPoint
About Us
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 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 is an Equal Opportunity Employer, including Disability/Veterans