• Liquidity Risk Lead

    JPMorgan Chase (New York, NY)


    DESCRIPTION:

    Duties: Lead the review of internal liquidity stress test assumptions and regulatory interpretation for banking products, identifying potential vulnerabilities and risks. Oversee the fulfillment of regulatory requests related to liquidity risk from a second-line risk management perspective, including managing ad-hoc requests during heightened monitoring periods and participating in regulatory exam reviews. Perform deep dives to assess current and potential impact to firm's balance sheet and associated liquidity risk over extended time horizons during changing macroeconomic environments and present at various senior management committees. Oversee second-line review of change management and user testing during major transitions such as acquisition of another bank and, data infrastructure change such as merger of two lines of business. Lead the process of establishing and monitoring limits, indicators, and thresholds for banking products across lines of business, providing strategic guidance based on data analysis by junior members, and assessing the need for adjustments during seasonal events or as compensating controls for model issues. Conduct peer comparisons and analyze key risk trends using available information from peer banks, identifying and highlighting significant trends and insights to senior management. Provide mentorship and training to junior team members and new joiners, fostering their development and enhancing their understanding of regulatory processes and risk management practices.

    QUALIFICATIONS:

    Minimum education and experience required: Master's degree in Finance, Business Administration, Economics, or related field of study plus 3 years of experience in the job offered or as Liquidity Risk Lead, Liquidity Risk Analyst/Officer, Market Risk, or related occupation. The employer will alternatively accept a Bachelor's degree in Finance, Business Administration, Economics, or related field of study plus 5 years of experience in the job offered or as Liquidity Risk Lead, Liquidity Risk Analyst/Officer, Market Risk, or related occupation.

     

    Skills Required: This position requires one (1) year of experience with the following: using liquidity standards and metrics including Regulation YY, Liquidity Coverage Ratio, and Net Stable Funding Ratio to review internal liquidity stress testing assumptions and interpret and ensure compliance with regulatory rules; developing models to segment operational excess deposits; performing peer bank comparisons in deposit trends; preparing presentations on liquidity risk-related topics to senior management using Microsoft PowerPoint, including defending analysis and assumptions of liquidity stress testing; using Tableau for financial analysis and reporting; analyzing a bank's balance sheet and associated liquidity metrics; providing analysis and support for liquidity stress testing regulatory examinations; data analytics and automation using VBA and Python; performing data analytics with Microsoft Excel functions including VLOOKUP, INDEX, pivot tables, and MATCH.

     

    Job Location: 277 Park Avenue, New York, NY 10172.

     

    Full-Time. Salary: $160,000 - $222,000 per year.

     

    JPMorganChase, 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. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, 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.

     

    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 & Co. is an Equal Opportunity Employer, including Disability/Veterans

    Base Pay/Salary

    New York,NY $160,000.00 - $222,000.00 / year