Risk Management - Liquidity Risk Management - Vice President

Posted: Friday, 12 April 2024
Valid Thru: Sunday, 12 May 2024
Index Requested on: 04/12/2024 07:40:17
Indexed on: 04/12/2024 07:40:17

Location: New York, NY, 10001, US

Industry: Advertising and Public Relations
Occupational Category: 13-0000.00 - Business and Financial Operations
Type of Employment: FULL_TIME

JPMorgan Chase Bank, N.A. is hiring!

Description:

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 Vice President in the Liquidity Risk Management division of Risk Management, you will play a pivotal role in maintaining the strength and resilience of JPMorgan Chase. Your expert judgement will be crucial in addressing real-world challenges that affect our company, customers, and communities. In our Risk Management and Compliance culture, we value innovative thinking, challenging the status quo, and striving for excellence. You will collaborate with Business Units and other corporate functions to gather, comprehend, analyze, and draw conclusions regarding potential liquidity risks. Additionally, you will consistently evaluate any emerging risks to the firm's liquidity by monitoring the evolving short-term funding markets and presenting your findings to senior management.

Job Responsibilities
  • Provide oversight on Treasury with a focus on liquidity risks arising within the Corporate Treasury and Chief Investment Office which manages the Firms investment portfolio and the Firms Funding profile inclusive of long term and short-term debt issuance.
  • Review and approve new and changes to existing qualitative models which are used to define the Firm's liquidity assumptions which are implemented in the Firm's Liquidity calculators.
  • Oversee the Firms Intraday Risk profile from a second line perspective, reviewing changes in intraday liquidity, monitoring limits and challenging structural changes and broader market impacts.
  • Undertake analysis and deep dives into areas of the securities and funding profiles to understand any pockets of risk which require investigation.
  • Participate in regulatory exam reviews and address regulatory requests for own area of coverage
  • Help develop cross team knowledge and understanding of liquidity and broader macroeconomic topics through teach ins and presentations to junior members of the team.


Required qualifications, capabilities, and skills
  • Minimum 7+ years of experience in banking industry across treasury, liquidity risk, market risk and/or finance function in Banking
  • Bachelor's degree in Mathematics, Finance, Economics or related discipline
  • Understanding of Liquidity risk and requirements. Understanding of balance sheet analysis especially for Banks for traditional banking products
  • Understanding of the governance and controls surrounding risk monitoring including, stress testing, various return measures and experience with development or review of stress assumptions involving high level of judgment
  • Strong analytical and critical thinking skills, as well as a high level of self-initiative required, including an ability to balance and execute multiple projects. Demonstrated

Preferred qualifications, capabilities, and skills
  • An undergraduate degree is required; post-graduate degree/MBA 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
New York, NY $138, 700.00 - $222, 000.00 / year

Responsibilities:

Please review the job description.

Educational requirements:

  • high school

Desired Skills:

Please see the job description for required or recommended skills.

Benefits:

Please see the job description for benefits.

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