Treasury Banking Analytics - Associate

Posted: Saturday, 06 April 2024
Valid Thru: Monday, 06 May 2024
Index Requested on: 04/06/2024 07:39:07
Indexed on: 04/06/2024 07:39:07

Location: Brooklyn, NY, 11201, 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:

Are you a data team member with a knack for analysis and a desire to support industry-leading businesses? Join our Corporate and Investment Bank (CIB) Treasury Deposit Analytics team, where you'll contribute to managing the CIB's Interest Rate Risk and Liquidity. You'll collaborate with our wholesale deposit-taking businesses, Corporate Treasury, and Risk to manage deposit analytics tasks. Our department is crucial to CIB Finance and Business Management, handling liquidity, balance sheet, and capital positions of the investment banking businesses. As part of our team, you'll support Asset and Liability Management, develop liquidity stress testing approaches, support effective Funds Transfer Pricing, model Balance sheet and NII for deposit businesses, and provide treasury-related guidance to our CIB Payments and Securities Services businesses.

As a Deposit Analytics Specialist within the Corporate and Investment Bank (CIB) Treasury (CIBT) team, you will contribute to the management of the CIB's Interest Rate Risk in the Banking Book (IRRBB) and Liquidity functions. Your role will involve collaborating with our top-tier wholesale deposit-taking businesses, Corporate Treasury, and Risk departments to actively handle the CIB's deposit analytics tasks.

Job 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 field
  • 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

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

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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