Liquidity Risk Management – Associate

Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.

As Liquidity Risk Management – Associate you will be 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

You will interact and partner with Business Units and other corporate functions to obtain, understand, analyze, and draw conclusions with respect to potential liquidity risks implications. You will also continuously assess any emerging risks to Firm's liquidity by monitoring evolving short-term funding markets and present conclusions to senior management.

Job Responsibilities

• Provide independent risk challenge and oversight on Treasury with a focus on liquidity risk arising from Banking products (i.e. deposits, loans, commitments, etc.). Review internal liquidity stress test assumptions for Banking products (e.g. deposits, loans, commitments etc) identifying potential vulnerabilities and risks
• Undertake analysis of material balance sheet changes and supervise analysts/associates to assess liquidity risk impacts for 3 lines of business (CCB, AWM and CIB) for Banking products 
• Lead the process of establishing and monitoring limits, indicators, and thresholds for Banking products across 3 lines of business (CCB, AWM and CIB)
• Lead the development of liquidity risk reporting views to provide visibility and analytics into Liquidity Coverage Ratio, Net Stable Funding Ratio and internal stress liquidity impacts. Coordinate with reporting team to ensure reports are built out and delivered on time
• Develop and present (as appropriate) material for Risk Committees. Fulfil regulatory requests pertaining to liquidity risk from a second line risk management
• Be involved in second line review and challenge requirements such as change management, user testing, data and controls review and other matters that impact liquidity risk for product coverage area

Required qualifications, capabilities, and skills

• Minimum 3-5 years of experience in banking industry across treasury, liquidity risk, market risk and/or finance function in Banking
• An undergraduate degree is required; post-graduate degree/MBA is preferred. 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 
• Excellent oral and written communication skills
• Demonstrated ability to work effectively and independently across different businesses and functional areas
• Inquisitive nature; Motivated by learning and continuous improvement 
• Strong technical skills in Python, Excel, Powerpoint, Access, VBA, Tableau and Bloomberg – ability to automate periodic tasks involving multiple/large data set

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 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.