Risk Management - Specialized Risk Associate (Structural Interest Rate Risk)

JPMorgan Chase & Co.; City of Rochester (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

JPMorgan Chase & Co. is seeking an Interest Rate Risk Associate to join the Treasury and CIO risk team in New York. You will analyze and manage interest rate risk from core banking activities and investment portfolios, building market scenarios and delivering insights to senior management.

The role emphasizes collaboration across global teams and applying advanced tech to risk workflows. Responsibilities include monitoring IRR metrics, performing deep-dive analyses, and supporting IRR

Qualifications

• 3+ years in Trading, Risk Management, Treasury, or Finance

Responsibilities

• Monitor and manage interest rate risk (IRR) in the banking book
• Conduct deep-dive analyses and market scenario assessments
• Summarize analytical findings for management reports and presentations
• Integrate technologies including AI, Python, and Databricks into risk workflows
• Provide analytical support for IRR strategies and modeling assumptions
• Assess IRR strategies and changes to modeling assumptions (deposits/mortgages)
• Stay informed on market trends and macroeconomics for ALM/regulatory challenges
• Collaborate with IRR teams across global entities (EMEA/APAC)
• Support evolution of risk practices and methodologies
• Ensure regulatory compliance and internal risk limits
• Communicate complex concepts to technical and non-technical stakeholders

Skills

Python

SQL

AI/ML in finance

Analytical skills

Communication

Cross-functional teamwork

Reporting to management

Multi-priority management

Learning mindset

Tools

Databricks

Job description

Join JPMorgan Chase's Risk Management and Compliance team, where your expertise helps safeguard the firm's financial strength and resilience. Within the Interest Rate Risk Team, you'll be at the forefront of identifying and managing risks that impact our business, customers, and communities. We foster a culture of innovation, challenging the status quo, and striving for best-in-class risk practices. Your analytical skills and forward-thinking approach will help shape the future of our Treasury and Chief Investment Office. Make a meaningful impact by leveraging technology and market insights to navigate a complex regulatory landscape.

As an Interest Rate Risk Associate in the Treasury and Chief Investment Office (CIO) team, you will play a critical role in managing the firm's interest rate risk exposure arising from core banking activities and investment portfolios. You will have the opportunity to conduct deep-dive analyses, develop market scenarios, and provide actionable insights for senior management. This role will offer you a unique opportunity to collaborate across global teams, integrate advanced technologies into risk management workflows, and contribute to the evolution of risk practices at one of the world's leading financial institutions.

You will play a critical role in managing the firm's interest rate risk exposure arising from core banking activities and investment portfolios as well as have the opportunity to conduct deep-dive analyses, develop market scenarios, and provide actionable insights for senior management. This role will offer you a unique opportunity to collaborate across global teams, integrate advanced technologies into risk management workflows, and contribute to the evolution of risk practices at one of the world's leading financial institutions.

Job Responsibilities

• Monitor and manage interest rate risk (IRR) in the banking book, including key metrics such as Earnings at Risk, Duration of Equity, and Economic Value of Equity
• Conduct deep-dive analyses and market scenario assessments to identify emerging risks and blind spots
• Summarize analytical findings and intuitions for management reports and presentations
• Integrate new technologies, including AI, Python, and Databricks, into risk management workflows
• Provide analytical support for IRR management strategies, modeling assumptions, and connectivity to related risks (Liquidity and Capital Risk)
• Independently assess IRR strategies and changes to modeling assumptions, including deposits and mortgages
• Stay informed on market trends and macroeconomic environments to guide the firm through complex ALM and regulatory challenges
• Collaborate with IRR coverage teams across lines of business and global legal entities (EMEA and APAC)
• Support the evolution of risk practices and contribute to the development of best-in-class methodologies
• Ensure compliance with regulatory requirements and internal risk limits
• Communicate complex concepts clearly to both technical and non-technical stakeholders

Required Qualifications, Capabilities and Skills

• 3+ year of experience in Trading, Risk Management, Treasury, or Finance function
• Proficiency in Python, SQL, or similar programming languages
• Familiarity with AI and Machine Learning applications in financial analysis
• Excellent oral and written communication skills, with ability to articulate complex concepts for management
• Strong analytical skills and high level of self-initiative
• Ability to work effectively across different functional areas and global locales
• Experience in preparing management reports and presentations
• Demonstrated problem-solving skills and attention to detail
• Ability to manage multiple priorities in a fast-paced environment
• Commitment to continuous learning and professional development

Preferred Qualifications, Capabilities and Skills

• Understanding of fixed income pricing concepts and balance sheet management
• Experience in a fixed income trading environment
• Exposure to stress-testing frameworks, such as Value at Risk (VaR)
• Advanced knowledge of interest rate risk management practices
• Experience with regulatory compliance in ALM and Treasury functions
• Familiarity with global financial markets and macroeconomic analysis
• Ability to drive innovation and process improvement in risk management