CTC (CIO, Treasury & Corporate) Risk - Interest Rate Risk Management Analyst - Mumbai

Job Description

CTC Description

The Firm's Corporate Treasury function and the Chief Investment Office (together referred to as "Treasury/CIO") manage the Firm's balance sheet. This includes activities such as:

• Deploying the Firm's excess liquidity
• Managing the Firm's funding and liabilities
• Managing the Firm's structural interest rate and foreign exchange risk
• Managing the Firm's liquidity risk and its regulatory compliance

Function Description

CTC Risk seeks to hire a risk manager to join its Interest Rate Risk and FTP Risk Management (IRRM) function. This function provides risk coverage for the Firm and Line of Business interest rate risk exposure arising from the firm's traditional banking activities which includes the extension of loans and credit facilities, taking deposits and issuing debt (collectively referred to as 'non-trading activities'), and also the impact from the CIO investment securities portfolio and other related CIO and Treasury activities. This function also provides Risk Management Oversight on the Firm's Funds Transfer Pricing (FTP) framework - including Base FTP, Liquidity Premium and Resource Allocation.

Key responsibilities include:

Risk Coverage

• Primarily responsible for risk coverage for firmwide interest rate risk including DoE, EVS, EaR and Risk Governance for IRRM team
• Ongoing monitoring, forward-looking analysis and strategic risk management for key measures of Interest Rate Risk such as Basis Point Value (BPV), Earnings at Risk and Economic Stress
• Perform deep-dives on relevant IRR and FTP topics to support independent risk analysis
• Enhance and maintain governance over IRR assumptions, provide independent challenge of changes to assumptions
• Actively contribute and participate in LOB ALCOs (where applicable), LOB risk affirmation meetings and Risk Committees

Qualifications

• 2+ years experience in Risk Management, Treasury or a Finance function
• Knowledge of standard financial concepts, strong quantitative and analytical skills, critical thinking, investigative problem-solving and decision making talents
• High level of self-initiative required, including an ability to balance and execute multiple projects
• Understanding of the governance and controls surrounding risk monitoring
• Demonstrated effectiveness working independently and in multi-disciplinary teams. Organized and able to execute responsibilities with minimal supervision
• Excellent oral and written communication skills with ability to prepare executive level presentations
• Demonstrated ability to work effectively across different businesses and functional areas
• Understanding of Balance Sheet management, Interest Rate Risk, Funds Transfer Pricing; or Capital Markets trading environment exposure a strong plus.
• Understanding of fixed income valuation and risk modeling
• Knowledge of machine learning and data mining is a plus

About Us

JPMorgan Chase & Co., 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 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

About the Team

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.

Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.