JPMorgan Chase Corporate - CTC Risk – Capital Management Oversight – Associate in Brooklyn, New York
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.
The Firm’s Corporate Treasury function and the Chief Investment Office (together referred to as “CTC”) manage the Firm’s balance sheet. This includes activities such as:
Deploying the Firm’s excessliquidity
Managing the Firm’s funding andliabilities
Managing the Firm’s structuralinterest rate and foreign exchange risk
Managing the Firm’s liquidity riskand its regulatory compliance
Managing the Firm’s capital riskand it’s regulatory compliance
CTC Risk manages the risk of the retained portfolio generated from the Chief Investment Office, Global Treasury, and “other” Corporate businesses (Firm-wide Pension Plan, Insurance programs, and Mortgage Servicing Rights) including Market Risk, Credit Risk, Reputational Risk, Country Risk, Principal Risk, and Model Risk. CTC Risk is also is responsible for the end to end management of the firm’s Liquidity Risk, Interest Rate Risk, and Capital Risk. The CTC Chief Risk Officer (CRO) reports to the Firm-wide CRO.
CapitalManagement Oversight , which reports to the CTC Chief Risk Officer, risk team focuses on providing oversight of the firm’s capital risk, ensuring that the firm has sufficient level and appropriate composition of capital in normal and stressed economic conditions.
Monitor capital metrics against capital risk limits andindicators, and escalate breaches
Ensure accuracy of capital metrics being reported
Perform independent assessment of the firm’s capitalmanagement activities such as assessment of the firm’s internal minimumcapital targets and post stress internal minimums, and firmwide and LOBcapital allocation results
Perform deep dives impacting firm’s capital such aschanges in regulatory requirements, firms risk and/or balance sheet,market dynamics and present to senior management
Lead projects to enhance risk and leverage basedcapital metric monitoring
Frequent interactions with the key members of capitalmanagement, capital P&A, LE controllers and various support functions
- years of experience in finance, treasury, or riskmanagement
Bachelor’s Degree is required
Knowledge of financial markets and various assetclasses
Understanding of balance sheet and income statement
Excellent oral and writtencommunication skills with ability to explain technical concepts in practicalterms (PowerPoint experience preferred)
Strong analytical skills with theability to develop thesis, clearly present ideas and draw appropriateconclusions
Self-starter able to work independently and prioritizekey tasks effectively
Strong organization and task management skills
Disciplined approachto managing processes and control
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.
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