Liquidity Risk Associate - Markets/Trading Book

JPMorgan Chase & Co. • New York, NY

23h

About The Position

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 an Associate within the Risk Management team, you will collaborate with various business units, corporate treasury, and other risk divisions to gather, comprehend, analyze, and infer potential liquidity risk implications within the firm's operations. You will be responsible for continuously evaluating emerging risks to the firm's liquidity by monitoring the evolving short-term funding markets and presenting your findings to senior management.

Requirements

• Bachelor’s degree in Finance, Economics, Mathematics, or related discipline
• Minimum 3years of experience in banking industry across treasury or liquidity risk
• Strong analytical, investigative problem-solving, and decision-making skills. Comfortable with detailed independent analysis, critical thinking and strong ability to challenge status-quo
• Excellent communication skills, particularly in explaining technical concepts
• Proficiency in Excel and PowerPoint
• Familiarity with automated solutions, such as Alteryx, Python, or desire to learn

Nice To Haves

• Candidates with experience in risk management across other risk stripes e.g. market risk, credit risk can also apply and will be considered

Responsibilities

• Identify, assess, and monitor liquidity risks related to the firm's Markets and Trading activities.
• Provide effective independent risk challenge and oversight on business units and liquidity management teams.
• Undertake analysis of balance sheet changes to assess liquidity risk impacts and provide risk view on day-to-day and longer-term changes in internal liquidity stress scenarios and regulatory prescribed liquidity scenarios (liquidity coverage ratio, net stable funding ratio).
• Undertake process improvements and innovation to facilitate improved speed and accuracy in delivery of risk commentary and assessments.
• Monitor firm’s balance sheet through limits and indicators that are designed to control and monitor liquidity risk. Undertake recurring reviews to ensure limits and indicators remain appropriate.
• Articulate key evolving risks to senior management in easy to understand manner.
• Be involved in second line review and challenge of requirements such as change management, user testing, data and controls review and other matters that impact liquidity risk for product coverage area.

Benefits

• 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, paid in the form of cash and/or forfeitable equity, 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees