Job Description
JPMorgan Chase is seeking an Associate to join our Treasury Funding team under the Intercompany Liquidity Management (ILM) and Collateral Management functions within the Chief Investment Office.
ILM focuses on the governance, analytics, reporting and controls of intercompany funding and liquidity. This individual will work on various initiatives to simplify the intercompany funding model within the Firm's legal entity structure. These will include developing strategic methods to analyze the Firm's intercompany flows for potential efficiencies, coordinating with Firm wide stakeholders on implementation, and partnering with technology to drive enhancements. Working in Treasury will give the successful candidate the opportunity to work alongside senior front office, finance, and risk management professionals in an area of the Firm that covers the spectrum of asset classes & financial/banking products. The position offers good visibility into various products across the bank as well as the unique opportunity to understand firm initiatives from a broad perspective.
Collateral Management oversees collateral pledging initiatives on behalf of the firm and maintains the firm's relationships both internally and externally at the Federal Reserve Bank Discount Window and the Federal Home Loan Bank system. The candidate will assist in identifying pledge opportunities, coordinating pledge initiatives across the Lines of Business, and providing a strategic view on the firm's collateral positioning. The position offers deep insight into how collateral can be used to bolster the liquidity position of the firm and requires partnership across many functions.
Job Responsibilities: - Assist with developing and implementing strategies to simplify the intercompany funding model and pursue new collateral initiatives, involving outreach to a number of stakeholders across the Firm
- Review and respond to intercompany funding requests
- Analyze legal entity balance sheets to evaluate need for changes in the funding profile
- Own key reporting related to both intercompany and collateral management processes
- Oversee and direct pledge of CIO NA securities to various internal counterparties
- Participate in firm relationships with the FRB Discount Window and Federal Home Loan Banks, staying apprised of reforms in the industry
- Assist with and serve as a point of contact for intercompany and collateral related processes
Required qualifications, capabilities and skills: - Degree in Finance or Economics related discipline
- SIE and Series 99 license preferred or must obtain within 6 months of hire
- Detail-oriented and able to multi-task in a fast paced environment with frequently changing priorities and to meet deadlines under pressure
- Ability to interact with and build relationships with people from different departments and levels of seniority
- Strong analytical and technical skills (Bloomberg, Excel, PowerPoint, Alteryx)
- Strong verbal and written communication skills
- Self-starter who is driven to excel in all aspects of their role and seeks to innovate and initiate improvements
Preferred qualifications, capabilities and skills: - Experience in a relevant field (i.e. Risk Management, Liquidity, Funding, Corporate Finance, Capital Markets) is a plus
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 $76,000.00 - $105,000.00 / year
Job Tags
Permanent employment,