TCIO - Asset/Liability Management Research and Strategy - Senior Associate

Description

The Treasury and Chief Investment Office (TCIO) at JPMorgan Chase & Co. is responsible for firmwide asset and liability management for one of the world's largest global financial institutions with more than $3.3tn in assets and liabilities, including more than $2.1tn in deposits.

TCIO oversees a $500bn global investment securities portfolio used to manage the firm's interest rate and currency exposure. TCIO is responsible for developing and executing the firm's capital, balance sheet, liquidity and funding strategy.

Asset/Liability Management Research and Strategy

The Asset/Liability Management (ALM) Research and Strategy group within Treasury and CIO is looking for a senior associate in its New York City office. The group is responsible for developing best-in-class strategy and quantitative analytics and models to support the management of the firm's assets and liabilities. The candidate will be a key member in the Liability Strategy, Analytics and Modeling (LSAM) team within the ALM Research and Strategy group and will work across functional groups in CIO, in close conjunction with the treasury departments of other Lines of Business (LOBs). Areas of focus include building out an analytical deposit framework used for IRR, migration and NII forecasting; expanding existing suite of internal regression models to drive forecasts for industry deposit balances; and defining the top-down distribution of balances to the firm and LOB's.

Description

The ideal candidate will have an advanced degree (M.S. or Ph.D.) in a technical field with a strong interest in finance and economics. The research and strategy associate will conduct research and contribute to the development of analytics in various aspects of bank liability management. The job responsibilities will include, but not limited to:

• Strategic thinking: Evaluate and analyze firm's liability risks; participating in team problem-solving sessions in support of strategic business decision making
• Advanced analytics: Develop advanced data analytics to model liability behavior
• Stakeholder management: Build and maintain relationships with SMEs and LOB partners
• Communication: Build visualizations, dashboards and written narratives to ensure clear and powerful messages are delivered to a senior audience
• Project management: Following up on project next steps, proactively raising issues, and offering recommendations for potential solutions to immediate work streams

• Strong academic background with a Ph.D. or an M.S. in engineering, mathematics, physics, economics or any other quantitative or technical background with a strong interest in finance
• Strong communication skills (both verbal and written), ability to prepare high quality PowerPoint presentations and to communicate findings to a non-technical audience
• Excel design experience with ability to rapidly prototype solutions / visualizations to complex problems
• Strong programming skills (e.g., python); willingness to dive into details and dig deep into data to find answers to challenging questions
• Keen interest in banking, corporate finance, financial services strategy, and balance sheet management; experience in Fixed Income research strategy role would be ideal
• Qualified candidates will be highly intelligent, analytical, resourceful, self-motivated individuals with a hunger to learn

#LI-HYBRID

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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

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, discretionary incentive compensation which may be 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.

Equal Opportunity Employer/Disability/Veterans

Base Pay/Salary
New York,NY $142,500.00 - $200,000.00 / year