Head of APAC Asset & Liability Management Risk - Executive Director

JPMorganChase; Mumbai; On-site; INR 6,000,000 - 11,000,000; Full time

Job summary

JP Morgan Chase in Mumbai manages liquidity and IRRBB risk across APAC entities. The Head of APAC ALM Risk leads independent oversight, sets risk framework, drives stress testing, and advises senior management on funding and balance sheet initiatives.

You'll partner with Treasury, risk teams, and business leaders, deliver governance and controls, and represent the function in audits and regulatory engagements. This role requires multi-location leadership and deep ALM expertise.

Qualifications

• Minimum 10 years in ALM risk, liquidity risk, market risk, or related quantitative risk.
• Experience building and running risk frameworks in a large bank.
• Proven people leadership across locations.
• Strong analytical skills and ability to translate macro trends into risk factors.
• Ability to partner with Treasury, risk, and business stakeholders.
• Experience with regulatory and audit interactions.

Responsibilities

• Lead a multi-location APAC ALM Risk team with clear priorities and delivery standards.
• Define and enhance risk frameworks for liquidity, IRRBB, and funds transfer pricing across APAC entities.
• Oversee adherence to liquidity, IRRBB, and FTP frameworks through independent review and challenge.
• Establish and maintain limits and control frameworks with escalation protocols.
• Design risk monitoring, metrics, governance routines, and management reporting for decision-making.
• Advise senior committees on ALM risk implications and macro developments.
• Deliver risk initiatives, including regulatory requirements and new business support.
• Conduct stress testing, scenario analysis, and balance-sheet reviews at APAC level.
• Collaborate with internal stakeholders to influence funding strategies and risk management.
• Lead regulatory, audit, and exam engagements for APAC ALM risk topics.

Skills

Asset & Liability risk

Liquidity risk

IRRBB

Quantitative analytics

Stakeholder management

Leadership

Regulatory interactions

Executive communication

Education

Bachelor’s degree in a quantitative field

Job description

Help shape how a leading global financial institution manages balance sheet risk across diverse APAC markets. You will lead a multi-location team and influence senior decision-making on liquidity and interest rate risk in the banking book (IRRBB). We’ll count on you to bring strong quantitative thinking, clear judgment, and a collaborative approach to complex, fast-changing risk topics. You’ll partner closely with Treasury, business leaders, and other risk teams to strengthen governance, controls, and resilience. If you enjoy solving real-world problems with high visibility and impact, you’ll thrive here.

As a Head of APAC Asset & Liability Management (ALM) Risk in International Asset & Liability Management (ALM) Risk, you lead independent oversight of liquidity risk, interest rate risk in the banking book (IRRBB), and funds transfer pricing across APAC legal entities. You set risk frameworks, drive monitoring and stress testing, and provide credible challenge and guidance on funding and balance sheet initiatives. You work closely with Treasury, line-of-business partners, and other risk functions to inform strategy through normal and stressed market environments. You advise senior management committees on material risk themes, emerging risks, and the risk implications of key decisions. You represent the function in governance, audit, and regulatory engagements related to APAC legal-entity ALM risk.

Job responsibilities

• Lead a multi-location APAC ALM Risk team and set clear priorities, development plans, and delivery standards.
• Define and enhance risk frameworks for liquidity risk, IRRBB, and funds transfer pricing across APAC legal entities.
• Oversee Treasury and business adherence to liquidity, IRRBB, and funds transfer pricing frameworks through independent review and credible challenge.
• Establish and maintain limit and control frameworks, including approving indicators and thresholds and ensuring timely escalation.
• Design and improve risk monitoring, metrics, governance routines, and management reporting to support decision-making.
• Advise senior committees on the risk implications of ALM initiatives, liquidity and IRRBB strategies, and macroeconomic developments.
• Deliver risk initiatives, including implementation of new regulatory requirements and support for new business activities.
• Conduct stress testing, scenario analysis, and deep dives on legal-entity balance sheets and related ALM risk topics.
• Partner with internal stakeholders to influence legal-entity funding and risk management strategies across market conditions.
• Lead regulatory, audit, and exam engagement for APAC legal-entity ALM risk topics, including issue management and response coordination.
• Escalate material risks, limit breaches, or control concerns with clear recommendations and documented rationale.

Required qualifications, capabilities, and skills

• Minimum of 10 years of experience with demonstrated expertise in Asset and Liability Management (ALM) risk, liquidity risk, market risk, or a related quantitative risk discipline.
• Proven experience building, enhancing, and operating risk frameworks within a large financial institution.
• Demonstrated people leadership experience, including leading teams across locations.
• Strong quantitative and analytical skills, including the ability to develop risk metrics and interpret balance sheet and market drivers.
• Demonstrated ability to partner effectively across Treasury, risk, and business stakeholders and influence outcomes.
• Experience managing regulatory and audit interactions, including preparing materials and leading responses.
• Strong understanding of financial markets and the ability to translate macro and market developments into risk implications.
• Excellent written and verbal communication skills, including executive-ready presentations.
• Demonstrated ability to improve processes and build or sponsor automation to enhance risk monitoring and reporting.
• Bachelor’s degree in a quantitative field (or equivalent practical experience).

Preferred qualifications, capabilities, and skills

• Experience with secured funding, derivatives, or prime brokerage.
• Knowledge of behavioral assumptions used in IRRBB modeling and measurement.
• Experience engaging with APAC regulators on liquidity or IRRBB topics.