Asset-Liability Management/Interest Rate Risk, Senior Associate

Job Description
JPMorgan Chase is seeking a Senior Associate to join our Asset/Liability Management Analytics team within the Treasury/Chief Investment Office (T/CIO).
You will be part of the Asset/Liability Management (ALM) Analytics team focusing on Interest Rate Risk (IRR) analytics and strategy. You will focus on business as usual ALM processes as well as strategic initiatives around balance sheet analysis including: measuring the firm's interest rate risk, understanding balance sheet composition and main drivers of IRR under a range of scenarios, conducting analyses around balance sheet strategy and financial products leveraging large data sets, communicating analytics to management and partners across the firm, and modeling. You should have knowledge of banking products and interest rate risk, as well as excellent time management and organization skills. T/CIO sits at the very center of the firm and is responsible for aggregating and managing the interest rate risk of the firm's four main lines of business (Asset & Wealth Management, Commercial Banking, Corporate & Investment Bank and Consumer & Community Banking), primarily through a global investment securities portfolio.
Job responsibilities:

• Create IRR analytics at the product, line-of-business and firm level including: earnings-at-risk, duration, future duration, and valuation sensitivity
• Create and present IRR analysis to senior management for strategic decision making
• Handle ad-hoc requests from various stakeholders to form and execute firm's balance sheet strategy
• Partner with TCIO portfolio managers, TCIO research, line of business treasury groups, firm wide planning and analysis, IRR reporting/production team, risk oversight, model risk
• Perform as a product level expert with detailed understanding of IRR for specific product categories (e.g. investment securities, wholesale or retail deposits, mortgage loans, auto loans, credit card loans, wholesale funding), including underlying source data analysis, product attributes and assumptions, valuation models, product balance forecasts
• Utilize analytical and programming skills to investigate and analyze product and firm level interest rate risk metrics
• Develop, improve and implement product level cash flow models
• Use tools and knowledge to assist production team to implement advanced IRR analytics and analysis

Required qualifications, capabilities and skills:

• 3+ years of of finance/banking industry experience
• CFA/MBA/Masters degree
• Programming skills (Python, SQL)
• Knowledge of fixed income instruments, banking book products and interest rate risk
• Strong analytical and quantitative, investigative problem-solving, and decision making skills
• An organized self-starter and quick learner with the ability to work under pressure, prioritize multiple tasks, and bring tasks to complete closure
• Finance, Risk or Asset-Liability Management experience
• Experience working with large data sets
• Strong technical skills in Excel and PowerPoint

About Us
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
About the Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.