Prime Financial Services - Treasury - Vice President

Sorry, this job was removed at 02:36 p.m. (EST) on Monday, Sep 16, 2024
Be an Early Applicant
New York, NY
Hybrid
5-7 Years Experience
Financial Services
The Role

Job Description
Prime Financial Services Treasury Vice President
Job Summary:
As a Prime Financial Services Treasury Vice President within Global Equities, you will be tasked with managing the businesses overall liquidity, as well as the optimization of all client cash and non cash collateral within both internal and external rules and regulations. The team consists of members based in New York, London, Paris and Singapore.
Job Responsibilities:

  • Manage strategy and execution of desks investments in Treasury Investments, Reverse Repurchase Agreements, and Money Market Mutual Funds
  • Oversee the liquidity of the business (e.g. review currency exposure, liquidity buffers and borrowing needs)
  • Analyzing macroeconomic data including but not limited to the Bureau of Labor Statistics' Employment Situation Summary, Consumer Price Index reports, Federal Reserve monetary policy decisions, and U.S. Treasury Refunding announcements to assess impact on trading strategies and portfolio composition
  • Build and maintain relationships with key business stakeholders, Central Clearing Counterparties and all of the Primary Dealers the team interacts with on a daily basis
  • Monitoring drivers of the desk's profit and losses (P&L) to explain revenue fluctuations
  • Navigating the global clearing and collateral management ecosystem, including monitoring Futures Commission Merchants' and bilateral counterparties' derivatives trading activity via publicly available data published by the Commodity Futures Trading Commission (CFTC)
  • Extracting data from Bloomberg terminal to monitor key money market rates including Fed Funds Effective, and Secured Overnight Financing Rate; Validating asset performance including price changes, and corporate action event
  • Execute both Futures and Rates Hedging
  • Adhere and understand all relevant CFTC regulations
  • Review and solution client needs for alternative types of collateral to cover margin either though CCP advocacy or optimization
  • Build out tools to enhance financial resource modeling and migrate data from internal systems to Tableau whilst integrating with strategic reference data
  • Develop a deep understanding of exchange and inter-affiliate margin call process and methodology
  • Understand, synthesize and assess all aspects of the desks revenue and costs (including Capital/default fund contributions, corporate allocations, client pricing and investment returns)
  • Partner with Operations, Technology, and Finance to automate where possible to support business growth
  • Work with management to improve support models globally across Operations, Product Control, and Product Development
  • Participate in FIA industry working groups to cover new regulations and topical industry discussions


Required Qualifications, Capabilities and Skills

  • At least 2 -5+ years of relevant Treasury, Clearing or Fixed Income experience
  • Portfolio Management and trading experience in Fixed Income Products
  • Ability to code using Python, Alteryx, and Tableau
  • Experience in Treasury Cash Management and Collateral Optimization
  • Expert analytical and technical skills (Bloomberg, Excel, PowerPoint)
  • Willingness to learn, absorb and synthesize new information and concepts
  • Ability to handle quick paced environment and fast markets
  • Passion for Finance and markets
  • Ability to drive automation and simplify processes
  • Strong communication skills and an ability to build and leverage cross-functional relationships
  • Series 7, 63 and SIE licenses preferred or must obtain within 3 months of hire


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
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
Clients turn to our industry-leading Markets, Sales and Research team to offer clients unique market insights on sectors and companies, and actionable ideas using research to make well-informed investment decisions. Teams understand products across asset classes and help clients structure solutions that manage risk, enhance yield and solve complex financial problems.

What the Team is Saying

Nick S.
Lupe C.
Edwin T.
Dawn T.
Meng M.
The Company
New York, NY
250,000 Employees
Hybrid Workplace

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

Gallery

Gallery

JPMorganChase Teams

Team
CONTINUOUS LEARNING AND INNOVATION
About our Teams

JPMorganChase Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: Not Specified
New York, NY

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account