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

JPMorgan Chase & Co.; New York (NY); On-site; USD 110,000 - 160,000; Full time

Job summary

JPMorgan Chase & Co. in New York seeks an Interest Rate Risk Associate within the Treasury and Chief Investment Office to manage IRR exposure from core banking activities and portfolios. You will perform deep-dive analyses, develop market scenarios, and provide actionable insights for senior management.

Collaborate across global teams, integrate advanced technologies into risk workflows, and contribute to the evolution of risk practices at a leading financial institution.

Qualifications

• 3+ years of experience in trading, risk management, treasury, or finance.
• Proficiency in Python, SQL, or similar languages.
• Familiarity with AI/ML 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.

Responsibilities

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

Skills

Python

SQL

AI/ML in finance

Communication

Analytical thinking

Cross-functional collaboration

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.

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 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