Strategy & Controls - Associate

Testing Site - JPMC; Newark (DE); On-site; USD 90,000 - 130,000; Full time

Job summary

JPMorgan Chase & Co. in Newark, DE seeks a Risk Reporting Associate within the CTMO Strategy and Controls team.

You will design, implement and manage a comprehensive control environment, partnering with Treasury, risk, policy, and LOBs to produce key liquidity and interest rate risk reports for regulators and senior leadership. You will own data flow from systems of record to ensure data integrity, support change to operating models and risk models, and help deliver timely insights and

Qualifications

• 5+ years experience in project management related roles.
• Bachelor’s degree in liberal arts or a quantitative field, or relevant experience.
• Strong independent analysis and research skills with limited oversight.
• Excels in critical thinking, investigative problem-solving and autonomous decision-making.
• Excellent writing and communication skills, including the ability to distill information for senior management.
• Proficiency in organizing complex information; Excel, Lucid, and PowerPoint techniques.
• Experience in project management and delivering key work streams and tasks.
• Collaboration skills to engage with diverse teams and management levels.
• Strong time management, planning, and organizational skills, with the ability to multitask and close tasks.

Responsibilities

• Design, implement and maintain consistent operating models and controls across the global team and across risk stripes.
• Review and assess current control frameworks and partner with CTMO stakeholders across the globe to ensure consistency of operations and strength of controls.
• Manage relationships across internal stakeholders including LOBs, Policy, Strategy and Risk.
• Lead regular touchpoints to review ongoing performance of reporting and support of adhoc requests.
• Compile metrics, synthesize key themes and present updates to senior management for review and escalation as required.
• Interface with risk and control, internal auditors and CTMO team leads to satisfy internal and external control requirements; collaborate with BAU teams to own and remediate action plans.
• Collaborate with strategy and risk teams to comply with regulatory exams and requests.
• Analyze current controls for potential gaps, perform historical analysis on control performance and assess success of current control framework.
• Enhance and redesign existing processes to increase efficiencies and reduce operational risk.
• Support ongoing periodic recertifications to meet audit and regulatory requirements, maintaining comprehensive documentation.

Skills

Project management

Analytical thinking

Communication

Excel

Lucid

PowerPoint

Confluence

JIRA

Time management

Education

Bachelor’s degree in liberal arts or quantitative field

Tools

Confluence

JIRA

Excel

Lucid

PowerPoint

Job description

Joining the Corporate Treasury Middle Office team (CTMO) Strategy and Controls team you will be responsible for designing, implementing and managing a comprehensive control environment, through building sustainable operating models, assessing control frameworks, and collaborating with stakeholders including risk, audit, lines of business, policy, and strategy teams. Treasury/Chief Investment Office (TCIO) sits at the very center of the firm and directly influences the composition of the firm’s balance sheet and the activities of its four main LOBs: Asset Management (AM), Commercial Banking (CB), Corporate & Investment Bank (CIB) and Consumer & Community Banking (CCB). TCIO is responsible forfirmwide asset and liability management for JPMorgan Chase with a $4 trillion balance sheet.

As a Risk Reporting Associate on the CTMO Strategy and Controls team, you will be responsible for partnering with Corporate Treasury, JPMC core lines of business (LOBs) and Risk Oversight to produce key reports and metrics for regulators and senior leadership to measure and validate JPMC’s liquidity and structural interest rate risk positions. You will also be responsible for overseeing the operating model supporting the sourcing and flow of data from LOB systems of record to ensure data integrity through variance and trend analysis and reconciliations. Management of change to the operating model, system architecture, and interest rate risk models where the team’s functions are dependent will also be in your prevue.

Job Responsibilities:

• Design, implement and maintain consistent and streamlined operating models and controls across the global team and across risk stripes
• Review and assess current control frameworks and partner with CTMO stakeholders across the globe to ensure consistency of operations and strength of controls.
• Manage relationships across internal stakeholders including LOBs, Policy, Strategy and Risk
• Lead regular touchpoints to review ongoing performance of reporting, and the support of adhoc requests
• Compile metrics, synthesize key themes and present updates to senior management for review & escalation as required.
• Interface with risk and control, internal auditors and CTMO team leads to satisfy internal and external control requirements. Collaborate with BAU teams to own and remediate Action Plans (formally documented control gaps) specific to operating model enhancements
• Collaborate with strategy and risk teams to comply with regulatory exams and requests.
• Analyze current controls for potential gaps, perform historical analysis on control performance and assess success of current control framework.
• Enhance and redesign existing processes to increase efficiencies and reduce operational risk.
• Support ongoing periodic recertifications to meet audit and regulatory requirements, maintaining comprehensive documentation

Required Qualifications, Skills, and Capabilities:

• 5+ years experience in project management related roles

• Bachelor’s degree in liberal arts or a quantitative field, or relevant experience

• Strong independent analysis and research skills with limited oversight

• Excels in critical thinking, investigative problem-solving and autonomous decision-making
• Excellent writing and communication skills, including the ability to understand and distill information from multiple sources into concise messaging for senior management
• Proficiency in organizing complex information strategically with expertise in Excel, Lucid, and PowerPoint techniques
• Experience in project management and delivering of key work streams and tasks
• Collaboration skills to effectively engage with diverse teams and management levels
• Strong time management, planning, and organizational skills, with the ability to multitask, in order to handle a variety of different responsibilities at the same time and bring tasks to closure
• Strong analytical skills including proficiency in Excel.

• Knowledge of or willingness to learn Microsoft Office software (Teams, Sharepoint etc.) and Atlassian product suite (Confluence, JIRA etc.)

Preferred Qualifications, Skills, and Capabilities:

• Understanding of interest rate risk principals, funds transfer pricing, and regulatory liquidity reports is a plus
• Alteryx and Tableau experience are a plus

To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).