Liquidity Risk Management - Senior Associate (Banking)

JPMorgan Chase & Co.; New York (NY); On-site; USD 110,000 - 165,000; Full time

Job summary

JPMorgan Chase & Co. in the Risk Management and Compliance division seeks an Associate in Liquidity Risk Management to identify, assess, and monitor liquidity risks across banking products, including deposits, loans, and undrawn commitments.

You will analyze balance sheet changes, provide insights on stress scenarios, and deliver independent risk challenge and oversight for business units, helping to drive improvements.

Qualifications

• 4+ years of banking liquidity risk experience.
• Proficient with Excel and PowerPoint.
• Familiar with data analysis tools such as Alteryx or Python.
• Strong analytical and communication skills.

Responsibilities

• Identify, assess, and monitor liquidity risks related to the firm's Banking products (e.g. deposits, loans, undrawn commitments etc).
• Undertake analysis of balance sheet changes to assess liquidity risk impacts and provide risk view on day-to-day and longer-term changes in internal liquidity stress test scenarios and regulatory prescribed stress testing (i.e. liquidity coverage ratio, net stable funding ratio).
• Provide effective independent risk challenge and oversight on business units and liquidity management teams for proposed changes to internal stress assumption and/or regulatory prescribed stress testing.
• Undertake process improvements and innovation to facilitate improved speed and accuracy in delivery of risk analysis and assessments.
• Monitor the firm’s balance sheet through limits and indicators that are designed to control liquidity risk.
• Articulate key evolving risks to senior management in an easy to understand manner.

Skills

Excel

PowerPoint

Alteryx

Python

Education

Bachelor's degree in Finance, Economics, Mathematics, or related discipline

Tools

Alteryx

Python

Job description

Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As a Risk Management - Liquidity Risk Management - Associate (Banking), you will identify, assess, and monitor liquidity risks related to the firm's Banking products, including deposits, loans, and undrawn commitments. You will analyze balance sheet changes to evaluate liquidity risk impacts, providing insights on both day-to-day and longer-term shifts in internal and regulatory liquidity stress scenarios. Your role includes delivering independent risk challenge and oversight for business units and liquidity management teams, as well as driving process improvements to enhance the speed and accuracy of risk analysis. Additionally, you will monitor the firm’s balance sheet through established limits and indicators, and clearly communicate key evolving risks to senior management.

Job Responsibilities

• Identify, assess, and monitor liquidity risks related to the firm's Banking products (e.g. deposits, loans, undrawn commitments etc).
• Undertake analysis of balance sheet changes to assess liquidity risk impacts and provide risk view on day-to-day and longer-term changes in internal liquidity stress test scenarios and regulatory prescribed liquidity scenarios (i.e. liquidity coverage ratio, net stable funding ratio).
• Provide effective independent risk challenge and oversight on business units and liquidity management teams for proposed changes to internal stress assumption and/or regulatory prescribed stress testing.
• Undertake process improvements and innovation to facilitate improved speed and accuracy in delivery of risk analysis and assessments.
• Monitor the firm’s balance sheet through limits and indicators that are designed to control liquidity risk.
• Articulate key evolving risks to senior management in an easy to understand manner.

Required qualifications, capabilities, and skills

• Minimum 4+ years of experience in banking industry across treasury or liquidity risk; Candidates with background in other risk disciplines (market risk, credit risk, capital risk) or markets and trading businesses are also encouraged to apply
• Bachelor’s degree in Finance, Economics, Mathematics, or related discipline required.
• Proficiency in Excel and PowerPoint. Familiarity with automated solutions, such as Alteryx, Python, or desire to learn
• Strong analytical, problem-solving, and decision-making skills. Comfortable with detailed independent analysis, critical thinking and ability to challenge status-quo.
• Excellent written and verbal communication skills, particularly in explaining technical concepts.