1+ months

Corporate - CTC Risk – Capital Management Oversight – Associate

JPMorgan Chase & Co.
Brooklyn, NY 11201
  • Job Code
    190103285

Corporate - CTC Risk – Capital Management Oversight – Associate

Req #: 190103285
Location: Brooklyn, NY, US
Job Category: Accounting/Finance/Audit/Risk
Potential Referral Amount: US Dollar (USD)

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 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.

The Firm’s Corporate Treasury function and the Chief Investment Office (together referred to as “CTC”) manage the Firm’s balance sheet. This includes activities such as:

  • Deploying the Firm’s excess liquidity
  • Managing the Firm’s funding and liabilities
  • Managing the Firm’s structural interest rate and foreign exchange risk
  • Managing the Firm’s liquidity risk and its regulatory compliance
  • Managing the Firm’s capital risk and it’s regulatory compliance

CTC Risk manages the risk of the retained portfolio generated from the Chief Investment Office, Global Treasury, and “other” Corporate businesses (Firm-wide Pension Plan, Insurance programs, and Mortgage Servicing Rights) including Market Risk, Credit Risk, Reputational Risk, Country Risk, Principal Risk, and Model Risk.  CTC Risk is also is responsible for the end to end management of the firm’s Liquidity Risk, Interest Rate Risk, and Capital Risk.  The CTC Chief Risk Officer (CRO) reports to the Firm-wide CRO.

Capital Management Oversight, which reports to the CTC Chief Risk Officer, risk team focuses on providing oversight of the firm’s capital risk, ensuring that the firm has sufficient level and appropriate composition of capital in normal and stressed economic conditions. 

 Specific responsibilities

  • Monitor capital metrics against capital risk limits and indicators, and escalate breaches
  • Ensure accuracy of capital metrics being reported
  • Perform independent assessment of the firm’s capital management activities such as assessment of the firm’s internal minimum capital targets and post stress internal minimums, and firmwide and LOB capital allocation results
  • Perform deep dives impacting firm’s capital such as changes in regulatory requirements, firms risk and/or balance sheet, market dynamics and present to senior management
  • Lead projects to enhance risk and leverage based capital metric monitoring
  • Frequent interactions with the key members of capital management, capital P&A, LE controllers and various support functions

  • 3 + years of experience in finance, treasury, or risk management
  • Bachelor’s Degree is required
  • Strong analytical background
  • Knowledge of financial markets and various asset classes
  • Understanding of balance sheet and income statement
  • Excellent oral and written communication skills with ability to explain technical concepts in practical terms (PowerPoint experience preferred)

  • Strong analytical skills with the ability to develop thesis, clearly present ideas and draw appropriate conclusions
  • Self-starter able to work independently and prioritize key tasks effectively
  • Strong organization and task management skills
  • Disciplined approach to managing processes and control

Keyword: consumer%20banking

Categories

Posted: 2019-11-07 Expires: 2019-12-27

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Corporate - CTC Risk – Capital Management Oversight – Associate

JPMorgan Chase & Co.
Brooklyn, NY 11201

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