Asset-Liability Management/Interest Rate Risk, Senior Associate

JPMorgan Chase - New York, NY

Full-time - Mid Level

New York, NY

Credit Intermediation and Related Activities

About the position

JPMorgan Chase is seeking a Senior Associate to join the Asset/Liability Management Analytics team within the Treasury/Chief Investment Office (T/CIO). This role focuses on Interest Rate Risk (IRR) analytics and strategy, involving both routine ALM processes and strategic initiatives related to balance sheet analysis. The position requires measuring the firm's interest rate risk, understanding balance sheet composition, conducting analyses around balance sheet strategy, and effectively communicating findings to management and partners across the firm.

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 the 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, and model risk.
• Perform as a product level expert with detailed understanding of IRR for specific product categories, including underlying source data analysis, product attributes and assumptions, valuation models, and 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 the production team in implementing advanced IRR analytics and analysis.

Requirements

• 3 years 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.