JPMorgan Chase Asset & Wealth Management - Treasury Liquidity & Asset Liability Management (ALM) - Vice President in New York, New York
J.P. Morgan Asset & Wealth Management, with client assets of $2.3 trillion, is a global leader in investment and wealth management. Its clients include institutions, high-net-worth individuals and retail investors in every major market throughout the world. The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds. For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits.
With more than 160 years of experience, J.P. Morgan Wealth Management (WM) is a global wealth management leader that delivers the quality advice, service, capabilities and products to high net worth individuals and families around the world. We deliver highly customized and comprehensive solutions to help clients with the many complexities they face by leveraging our products and solutions.
The Liquidity & Asset Liability Management (ALM) Vice President will be a key member of a team that is responsible for balance sheet management across the Asset & Wealth Management business. The candidate will primarily focus on liquidity risk management as well as assist the ALM team with interest rate risk, funding/investment decisions, and portfolio analytics of the deposit, wholesale loan, and mortgage portfolios. This position will provide an opportunity to make an impact to the bottom line and provide exposure to senior management.
Developing, analyzing and enhancing liquidity stress methodologies and assumptions, driving firmwide actions
Liaise with AWM business leaders to drive strategic firmwide liquidity initiatives, including ongoing monitoring of the portfolios
Learn, leverage, and continue to enhance the firmwide liquidity management system (Liquidity Risk Infrastructure) for the AWM business
Partner with Finance, Corporate Liquidity Risk, and Technology to streamline liquidity management
Assist in analyzing and decomposing the WM deposit book with a focus on liquidity & interest rate sensitivity
Partnering with Corporate Treasury to review and understand AWM’s earnings at risk and basis point value (bpv) exposure in various interest rate scenarios
Liaise with Corporate Treasury and the Chief Investment Office to drive investment and funding decisions as well as developing portfolio strategies across the business
Assess the balance sheet impact of new business initiatives of Asset & Wealth Management
Discuss liquidity, ALM risk management, market conditions and fixed income hedge activities/strategies with senior management
6+ years of experience; Liquidity, ALM, Fixed Income, Deposit experience a plus
Strong analytical skills
Strong experience with Excel, familiarity with Access, VBA, and/or Python a plus
Ability to work with large data sets a plus
Ability to work in a fast-paced and intellectually-demanding environment
Team oriented and strong work ethic
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.