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CIO – Analyst/Associate – Asset-Liability Management/Interest Rate Risk

Job Description


CIO – Analyst/Associate – Asset-Liability Management/Interest Rate Risk


The Chief Investment Office (CIO) is a critical function within Corporate Financial Management responsible for:


·         Optimizing and ensuring the safety and soundness of the firm's balance sheet.

·         Managing various structural risks created by the day-to-day activities of the firm's operating businesses.

·         Investing a portion of the firm's excess capital, when appropriate, in high credit quality, liquid investments.

·         Analyzing the firm’s line of business and consolidated interest rate risk.


Key objectives of CIO activities are to protect the firm from financial losses while preserving and increasing long term capital value.


Role Description


The Analyst/Associate position is part of the ALM (Asset/Liability Management) Strategy team within the Global Portfolio Strategy Group.  The Analyst/Associate will focus on all aspects of asset/liability management including: modeling, developing risk concepts and methodologies, driving improvement in production processes, and conducting analyses around business strategy and financial products. The ideal candidate should have experience in risk modeling and interest rate risk management with knowledge of banking products as well as excellent time management and organization skills


Responsibilities Include:


·         Advance risk analytics at the  product, line-of-business and Firm level including topics:

o   Earnings-at-Risk, Duration of Equity, Economic Value of Equity, Future market value, advanced scenario analysis and development, partial durations, stress market value

·         Become a product level expert (subject matter expert) with detailed understanding of all aspects of interest rate risk (IRR) for specific product categories (e.g. Wholesale or Retail deposits, Mortgage loans, Auto loans, Credit Card loans, Wholesale funding).  This understanding will include:

o   Underlying source data analytics/analysis, product attributes/assumptions, LOB models, product forecasts (CCAR, Budget, Risk Appetite)

·         Use code and programming to investigate and analyze product and firm level interest rate risk metrics.

·         Develop, improve and implement product level cash flow models

·         Create and present IRR analysis and presentations to senior management, risk oversight and external regulators

·         Use tools and knowledge to assist production team to implement advanced IRR analytics and analysis

·         Execute on ad-hoc tasks including large quantities of data

·         Partner with IRR reporting/production team, model risk, internal audit, Risk Oversight, and Oversight & Control groups


The candidate must be a self starter who is able to work in a fast paced, results driven environment.  

  • Understanding of Balance Sheet management, Interest Rate Risk, and Funds Transfer Pricing concepts
  • Strong analytical and quantitative, investigative problem-solving, and decision making skills
  • Strong, clear and concise written and verbal communication skills with ability to prepare executive level presentations
  • Knowledge of standard financial concepts including present value analysis, financial modeling, and capital markets instruments
  • An organized self-starter and quick learner with the ability to work under pressure, prioritize multiple tasks, and bring tasks to complete closure
  • Focused work ethic, good business sense, and demonstrated initiative
  • Finance, Risk or Asset-Liability Management experience a plus
  • Strong technical skills, particularly in Excel and PowerPoint
  • Programming skills (VBA, SQL , Python, Matlab experience)
  • QRM experience is a plus but not required


JPMorgan offers an exceptional benefits program and a highly competitive compensation package.

JPMorgan is an equal opportunity and affirmative action employer Disability/Veteran.


Req #: 160047520
Location: New York, NY US
Job Category: Compliance
Employment Type: Full Time
Potential Referral Amount: 0 US Dollar (USD)

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