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JPMorgan Chase Risk Management - Liquidity Risk Management - Markets/Broker-Dealer Entities - Vice President in New York, New York

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 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.

In this role, you will interact and partner with business units, corporate treasury, and other risk stripes, to obtain, understand, analyze, and draw conclusions with respect to potential liquidity risk implications within the firm's broker-dealer business. You will continuously assess emerging risks to Firm's liquidity by monitoring evolving short-term funding markets and present conclusions to senior management.

Job Responsibilities

  • Identify, assess, and monitor liquidity risks related to the firm's broker-dealer and other trading activities (prime brokerage, secured funding, derivatives)

  • Provide effective independent risk challenge and oversight on business units and liquidity management function

  • 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)

  • Review liquidity forecasts to assess reasonableness and adequacy and to highlight issues and areas of improvement to Treasury and senior management

  • Monitor balance sheet through limits and indicators that are designed to control and monitor liquidity risk

  • Develop and present material for risk committees. Fulfil regulatory requests pertaining to liquidity risk for independent risk management.

  • Articulate key evolving liquidity risks to senior management in easy to understand manner

  • Participate 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

Required qualifications, capabilities, and skills

  • Minimum 5 plus years of experience in banking industry across treasury, liquidity risk, market risk and/or trading of fixed income products. Experience in Broker Dealer products such as Prime Brokerage, Margin loans, client shorts, Secured Funding and related area is preferred

  • Understanding of liquidity risk concepts and requirements. Understanding of balance sheet analysis for global banks across traditional banking and complex non-banking products

  • Understanding of the governance and controls surrounding risk monitoring including, stress testing, limits and indicators, and ongoing monitoring

  • Strong grasp of basic financial theory and accounting principles

  • Working knowledge of Excel and PowerPoint

  • Effective verbal and written communication skills and strong attention to detail

  • Bachelor's degree in Finance, Economics, Mathematics or related discipline required

Preferred qualifications, capabilities, and skills

  • Experience in Liquidity Risk management with a wide range of experience with quantitative, financial and risk management techniques & systems 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

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