4 days old

Corporate - CTC - Risk Executive Director

JPMorgan Chase & Co.
Jersey City, NJ 07302
  • Job Code

Corporate - CTC - Risk Executive Director

Req #: 190102018
Location: Jersey City, NJ, 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 “Treasury/CIO”) 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

 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). The CTC Chief Risk Officer (CRO) reports to the Firm-wide CRO and is responsible for the end to end risk framework within the CTC LOBs; including, but not limited to, Market Risk, Credit Risk, Liquidity Risk, Reputation Risk, Country Risk, Principal Risk, and Model Risk.

CTC – Risk Executive Director

The CTC Risk team seeks to hire a seasoned risk professional to join its Risk Management function.  The position will involve leading a team that oversees the interest rate risk management and capital market risk activities of the CCB business. Additionally, the role will also act as the lead for the governance and monitoring of Firmwide mortgage risk portfolio.

  • Manage a team of 4-5 people
  • Participate in the assessment, governance and control of the Market Risk for the business
  • Perform deep-dives on topics to support independent risk analysis – for e.g. mortgage prepayment risks

  • Participate in review of transactions related to HFI capital market activities

  • Enhance and maintain governance over interest rate risk assumptions, provide independent challenge of changes to assumptions and risk identifications

  • Participate as a risk stakeholder in various projects  with the Front Office, Finance, Valuation Control Group, Model Review Group, Policy, Technology and Product control

  • Actively contribute to and participate in LOB ALCOs (where applicable), LOB risk affirmation meetings and Risk Committees presentations

  • As the Firmwide mortgage risk lead, partner with other risk teams on developing best practices and consistencies with models and risk methodologies

  • Perform and participate in deep-dives on Firmwide mortgage topics to support risk analysis  

  • Bachelor’s degree in Finance/Math based discipline; 5-7 year’s mortgage experience or market risk equivalent a plus
  • Leadership skills and prior management experience
  • Strong analytical & quantitative skills with a focus on risk management and models
  • Understanding of fixed income valuation and risk modeling
  • Existing knowledge of financial markets and experience with Mortgage products
  • Excellent written and verbal communications skills.  Must be able to communicate with a wide variety of functional groups
  • Demonstrated effectiveness working independently and in multi-disciplinary teams

  • Organized and able to execute responsibilities with minimal supervision

  • Working knowledge of Microsoft Word, Excel and PowerPoint

Keyword: consumer%20banking


Posted: 2019-12-03 Expires: 2020-01-02

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Corporate - CTC - Risk Executive Director

JPMorgan Chase & Co.
Jersey City, NJ 07302

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