Overview of Treasury and CIO
Treasury and the Chief Investment Office (CIO) manage the balance sheet of one
of the world’s largest global financial institutions with more than $2.5
trillion in assets. Primary responsibilities include:
- Deploying the firm’s excess
the firm’s funding and liabilities
and managing the structural interest rate and foreign exchange risk of
JPMC’s four main businesses
the firm’s liquidity risk and its regulatory compliance
Treasury Middle Office team (CTMO) sits within CIO and facilitates the
production of both liquidity risk and structured interest rate risk (SIRR)
reporting. Key responsibilities include:
- Partnering with Corporate
Treasury, JPMC core lines of business (LOBs) and other internal risk
stripes to produce key reports and metrics for regulators and senior
leadership on JPMC’s liquidity and structural interest rate risk.
- Overseeing the operating model
supporting the sourcing and flow of data from LOB systems of record to
ensure data integrity through variance analysis and reconciliations to the
Firm’s general ledger.
- Management of change to the
operating model, system architecture, and risk models where the team’s functions
The team has
locations in North America (Delaware and NYC), Europe (London) and Asia (Hong
CTMO is hiring an entry level analyst for its middle office team located in
Newark, Delaware. The analyst will be individually and jointly responsible for
the following functions:
Producing key firm wide and LOB liquidity and interest rate risk
reports including Federal Reserve 5G, Daily Available Collateral, Basis
Point Value (BPV), Economic Value of Equity (EVE), and Earnings at Risk (EaR). This includes responsibility for the execution
of more than a hundred predefined and ad hoc scenarios on a weekly basis.
source data to the firm’s balance sheet and other golden sources to maintain
the integrity of the data used in the reporting process.
with contacts in the firm’s lines of business, control and oversight and
interest rate risk strategy team to investigate and explain threshold breaches
and period on period variances in all reports.
This involves analysis of the underlying report data and model
Participating in weekly MIS meetings and formal risk review
sessions with internal business and risk stakeholders to review reporting
results and status of key issues and change management initiatives.
Continuing to improve the end to end data model by participating
in initiatives to streamline the data sourcing model and improve the quality of
Participating in process improvement initiatives across the team
candidate will have an opportunity to:
- Improve their understanding of
asset and liability management principles for a large financial
institution with a balance sheet in excess of 2.5 trillion.
- Develop a
good understanding of the key risk and liquidity metrics and model scenarios
used by a financial institution to manage its interest rate risk and
connected to changes in the industry and the regulatory landscape as they apply
to liquidity and interest rate risk.
- Interact with
senior executives and external regulators on a frequent basis. The
team's analysis and reports are regularly presented to both on a periodic
- Learn how
CTMO sources, transforms and reconciles data using in the end to end
reporting process and how data is loaded and modeled in JPM’s risk
their technical skills specifically around data management and ad hoc data
analysis using Tableau, Excel, Access, and VBA. The
team frequently completes ad-hoc analyses for specific regulatory
initiatives and senior management requests for data and analytics.
relationships with contacts in each of the Firm’s main lines of business
and a high level understanding of each of their balance sheets.
- 1-3 years experience in financial
operations. An understanding of asset and liability management principals
is a plus.
degree in Finance, Accounting, Economics or other quantitative field.
technical skills (particularly in MS Excel). Knowledge of VBA, SQL is a
analytical and quantitative skills, critical thinking, investigative
problem-solving and decision making talents.
- Ability to
work under pressure, prioritize, multitask, and bring tasks to complete
and able to execute responsibilities with minimal supervision.
written and verbal communication skills with ability to prepare executive