JPMorgan Chase is seeking an Executive Director to join our Capital and Liquidity Policy team within the Treasury/Chief Investment Office (T/CIO)
T/CIO is responsible for firm-wide asset and liability management, including management of the firm's interest rate risk, structural foreign exchange risk, funding, liquidity risk and capital, as well as the company-sponsored retirement plan.
As an Executive Director in Capital & Liquidity Policy, you will help to interpret and provide guidance on US regulatory capital and liquidity rules for current, pending, and proposed strategic business initiatives and transactions in support of the Commercial & Investment Bank Securitized Products Group (SPG) and Tax Oriented Investment (TOI) sub lines-of-businesses, Risk, Finance and Technology. This role will also provide leadership and subject matter expertise on Securitization and Banking Book RWA requirements. You will be responsible for delivering high quality regulatory capital & liquidity analyses and reviews by maintaining a high level of current technical knowledge and applying it to generate high quality support.
Job responsibilities:
You will be responsible for delivering high quality regulatory capital & liquidity analyses and reviews by:
Maintaining a high level of current technical knowledge and applying it to generate high quality support and oversightObtaining a clear understanding of the business initiative/transaction/scenario in question ensuring all relevant key facts are consideredUnderstanding the economic drivers and other factors relevant for the situation in question including the substance of the arrangementIndependently and efficiently identifying the relevant regulatory guidance and policy interpretations/expectationsPerforming a comprehensive and balanced analysis addressing the strengths/weaknesses of the potential conclusionsEnsuring consistency in application through review of historical analyses and consultation with SMEs having performed the initial analysisProposing conclusions that appropriately consider the relevant regulations and supporting regulatory guidance, regulatory feedback along with considerations such as risk, operational feasibility, market practice, and materialityProviding guidance to stakeholders to ensure compliance with Basel rules and oversee the implementation of Banking Book Equity RWA-related guidance, while partnering with LOBs, Finance, Risk and TechnologyRequired qualifications, capabilities, and skills
8+ years relevant work experience, banking and finance experience.Strong knowledge of financial products and understanding of complex financing structures. Strong knowledge of the US Basel III capital rule. Ability to perform a comprehensive and balanced analyses of complex trade structures independently/under minimum supervision Excellent interpersonal and communication skillsDemonstrate an ability to explain complex topics clearly, concisely, persuasively, and in a manner appropriate to the audience, while explaining the business purpose and intent of the transaction/scenario being presented/evaluatedPreferred qualifications, capabilities, and skills:
Prior experience in the Securitization areaExperience working in either a leading bank or a Big Four accounting firmBackground in credit risk or structuringExperience interacting with bank regulatory agencies