JPMorgan Chase is seeking a Senior Associate to join our Asset/Liability Management Analytics team within the Treasury/Chief Investment Office (T/CIO). 

You will be part of the Asset/Liability Management (ALM) Analytics team focusing on Interest Rate Risk (IRR) analytics and strategy. You will focus on business as usual ALM processes as well as strategic initiatives around balance sheet analysis including: measuring the firm’s interest rate risk, understanding balance sheet composition and main drivers of IRR under a range of scenarios, conducting analyses around balance sheet strategy and financial products leveraging large data sets, communicating analytics to management and partners across the firm, and modeling. You should have knowledge of banking products and interest rate risk, as well as excellent time management and organization skills. T/CIO sits at the very center of the firm and is responsible for aggregating and managing the interest rate risk of the firm’s four main lines of business (Asset & Wealth Management, Commercial Banking, Corporate & Investment Bank and Consumer & Community Banking), primarily through a global investment securities portfolio.

Job responsibilities:

Create IRR analytics at the product, line-of-business and firm level including: earnings-at-risk, duration, future duration, and valuation sensitivity Create and present IRR analysis to senior management for strategic decision making Handle ad-hoc requests from various stakeholders to form and execute firm’s balance sheet strategy Partner with TCIO portfolio managers, TCIO research, line of business treasury groups, firm wide planning and analysis, IRR reporting/production team, risk oversight, model risk Perform as a product level expert with detailed understanding of IRR for specific product categories (e.g. investment securities, wholesale or retail deposits, mortgage loans, auto loans, credit card loans, wholesale funding), including underlying source data analysis, product attributes and assumptions, valuation models, product balance forecasts  Utilize analytical and programming skills to investigate and analyze product and firm level interest rate risk metrics Develop, improve and implement product level cash flow models Use tools and knowledge to assist production team to implement advanced IRR analytics and analysis

Required qualifications, capabilities and skills:

3+ years of of finance/banking industry experience  CFA/MBA/Masters degree Programming skills (Python, SQL) Knowledge of fixed income instruments, banking book products and interest rate risk  Strong analytical and quantitative, investigative problem-solving, and decision making skills An organized self-starter and quick learner with the ability to work under pressure, prioritize multiple tasks, and bring tasks to complete closure  Finance, Risk or Asset-Liability Management experience Experience working with large data sets Strong technical skills in Excel and PowerPoint