Job Description
Overview of Treasury/Chief Investment Office (TCIO): The Treasury/Chief Investment Office (T/CIO) plays a pivotal role in the financial health and strategic operations of our firm. Treasury is a function within Global Finance responsible for managing the firm's liquidity and funding positions, establishing funds transfer pricing policy, analyzing the firm's line of business and consolidated earnings at risk, and managing the firm's relationships with rating agencies and fixed income investors. By overseeing firm-wide asset and liability management, our team is uniquely positioned to influence the company's overall market exposure, capital deployment, and the design and execution of liquidity and funding strategies.
The North America (NA) Treasury Funding team, part of the Treasury & Chief Investment Office (T/CIO), is responsible for the management of the firm's daily funding requirements and contributes to the execution of transactions supporting liquidity risk management. T/CIO operates funding teams across three regions, North America, EMEA and Asia that require coordination and teamwork across the globe to support the firm's funding objectives.
Job responsibilities: - Manage currency funding positions for key North American legal entities, including JPMCB NY Branch, JPMS LLC, JPMC & Co, JPMC Holdings LLC, and JPMCB Toronto Branch. Additionally, oversee currency funding during USD holidays.
- Execute direct pledge of CIO NA securities to the Federal Reserve and other internal counterparties.
- Develop market expertise to contribute to strategic analysis and support execution of short-term funding products including FX swaps, repos and interbank deposits.
- Gain comprehensive knowledge of the firm's balance sheet and legal entity structures within North America, focusing on liquidity risk management and asset-liability management strategies.
- Support the pricing and execution of intercompany funding transactions to effectively manage and distribute liquidity risk and collateral requirements across the firm, while maintaining positions (including FXNOP, BPV, and liquidity profile) within assigned limits.
- Work closely with key stakeholders, including Intraday Liquidity, Cash Management, Intercompany Funding Management, Liquidity and Market Risk Management, and Line of Business Treasurers, to address funding and liquidity needs.
- Identify and implement process improvements and automation to enhance operational efficiency, strengthen controls, and improve the risk environment, while maintaining thorough documentation.
- Ensure compliance with the firm's code of conduct and adhere to applicable control policies and procedures.
- Support the ILM and Collateral Management teams as needed.
- Cover currency funding on USD holidays.
- Assist the North America Treasury team with project initiatives and management reporting analytics as needed.
Required qualifications, capabilities and skills: - 2 to 5 years of experience within financial services or a related field.
- Degree in Finance, Economics or a related discipline.
- SIE and Series 99 license preferred or must obtain within 3 months of hire. Successful completion of applicable Associate Person training also required within this time frame.
- Highly detail-oriented with the ability to multitask in a fast-paced environment, adapt to changing priorities, and meet tight deadlines.
- Ability to interact with and build relationships with people from different departments and levels of seniority.
- Strong analytical and technical skills (Bloomberg, Excel, PowerPoint).
- Strong verbal and written communication skills.
- Self-starter who is driven to excel in all aspects of their role and seeks to innovate and initiate improvements.
Preferred qualifications, capabilities and skills: - Experience with Python, SQL is a plus.
- Experience in a relevant field (i.e. Risk Management, Liquidity, Funding, Corporate Finance, Capital Markets) is a plus.
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
Base Pay/Salary New York,NY $76,000.00 - $105,000.00 / year
Job Tags
Holiday work, Permanent employment, Temporary work,