Description

Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As an Associate within the Risk Management team, you will collaborate with various business units, corporate treasury, and other risk divisions to gather, comprehend, analyze, and infer potential liquidity risk implications within the firm's operations. You will be responsible for continuously evaluating emerging risks to the firm's liquidity by monitoring the evolving short-term funding markets and presenting your findings to senior management.

Job Responsibilities

• Provide independent risk challenge and oversight on Treasury and Legal Entity Liquidity Management teams that cover Latin America and Canada Legal Entities.
• Undertake analysis of balance sheet changes to assess liquidity risk impacts and provide independent viewpoint through daily/weekly risk commentary and assessments
• Monitor legal entity balance sheets through limits and indicators that are designed to control and monitor regional and country/ entity level exposures
• Be involved in second line review and challenge requirements such as change management, user testing, data and controls review and other matters that impact liquidity risk for the coverage area
• Regularly review Legal Entity liquidity risks and work closely with local Treasury and Liquidity management teams to ensure liquidity risk is appropriately managed
• Develop and present (as appropriate) material for Risk Committees.
• Fulfil regulatory requests pertaining to liquidity risk from a second line risk management perspective
• Be involved in second line review and challenge requirements such as change management, user testing, data and controls review and other matters that impact liquidity risk for the LATAM entities
• Engage with LATAM Market Risk coverage and LATAM TCIO regarding Interest Rate Risk in the Banking Book requirements across the LATAM region

Required qualifications, capabilities, and skills

• Minimum 4+ years of experience in banking industry across treasury, liquidity risk, market risk and/or trading products
• Understanding of liquidity risk concepts and requirements. Understanding of balance sheet analysis for global banks across traditional banking and complex non-banking products
• Understanding of the governance and controls surrounding risk monitoring including, stress testing, limits and indicators, and ongoing monitoring
• Strong grasp of basic financial theory and accounting principles
• Working knowledge of Excel and PowerPoint
• Effective verbal and written communication skills and strong attention to detail
• Bachelor's degree in Finance, Economics, Mathematics or related discipline required

Preferred qualifications, capabilities, and skills

• Experience in Liquidity Risk management with a wide range of experience with quantitative, financial and risk management techniques & systems is preferred
• Interest in innovation and ability to leverage innovation tools, including Python, Snowflake and Tableau, to enhance efficiency

About Us

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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.

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.