Require for the post of Sr. Associate

Job Description

About the Employer JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.4 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com . Global Finance & Business Management ( GF&BM ) India is a combined LOB-aligned (Line of Business-aligned) finance & business support team located in India and is part of JPMorgan s global capability center (GCC). We are part of the Office of the CFO (OCFO) organization within JPMorgan, which has 13000+ people across the globe, majority of whom are tasked with managing the firm s Finance function, responsible for reporting quarterly earnings and complying with regulatory requirements along with managing the firm s capital. GF&BM India was established in September 2002 and currently we have a network of more than 3400+ professionals based out of our Mumbai, Bengaluru and Hyderabad offices who support four main pillars of work - Controllers, Planning & Analysis, Finance Operations and Business Client & Products. The teams in India are aligned to the respective LOBs that they support which include Corporate and Investment Banking (CIB), Commercial Banking (CB), Consumer and Community Banking (CCB), Asset & Wealth Management (AWM) and Corporate/Firmwide functions.We have a strong culture that embodies the principles that guide us in how we do business across the firm. We strive to create a workplace that values and respects individual viewpoints, while at the same time challenging the status quo to make continuous improvements in our processes.JPMorgan is an equal opportunity employer and places high value on diversity and inclusion. We recognize that our people are our strength and diversity of thought and practices makes us more successful. The current opening is within CIB-Treasury Liquidity in Mumbai which forms part of the CIB LOB within GF&BM India. About the Team CIB Finance & Business Management India is one of the first group to be set up in India in Global Finance and has since grown its presence across Mumbai & Bengaluru into a 800+ people organization. The group is accountable for diverse functional teams and has a significant footprint of the global Finance organization supporting Corporate Investment Banking business and regulators across all regions. Over the years, the teams have continued to provide value add to the global finance organization through business insights, technical accounting skills, data analytics, technological enhancements and standardization across lines of business. The key focus areas in the immediate future are driving teams to adapt the skills of the future, digital transformation and enhance product & regulatory reporting framework.The Corporate & Investment Bank Treasury (CIBT) is a critical function within CIB Finance and Business Management. It is responsible for managing the liquidity, balance sheet and capital positions of the investment banking businesses, establishing transparent and market-based funds transfer pricing policy, and developing methodologies and metrics to improve the leverage, capital, collateral and liquidity risk management capabilities of the Corporate and Investment bank. Additionally, CIB Treasury interacts heavily with Global Treasury in developing stress assumptions, contributing to the resolution plan submission, producing liquidity risk metrics and analysis; managing CIB balance sheet and leverage ratios; and consolidating management and regulatory reporting.This team is looking for a senior associate to support a broad array of initiatives for the CIBT Balance Sheet and Liquidity Analytics Group. The ideal candidate should pay close attention to detail, take ownership over projects and proactively move them forward, feel comfortable operating in a fast-paced and dynamic environment, be able to work on multiple complex projects simultaneously, and have a keen interest in capital markets and economics. Strong interpersonal, organizational, and communications skills are essential. About the Role Primary Responsibilities:
• Assisting and overseeing production of daily, weekly, monthly and quarterly liquidity risk reports (JPM Internal Stress and 5G/LCR) and analyze key drivers of period over period movements and provide variance commentary.
• Assisting and overseeing production of weekly, monthly and quarterly liquidity metrics package for CIB senior management and key CIBT stakeholders.
• Utilize knowledge of financial products such as Deposits, Commitments, Derivatives, Secured Funding; apply a deep understanding of regulatory guidelines (Basel III, 5G LCR, 5G) and main measurements (LCR, NSFR) to determine their potential impact for the CIB.
• Coordinate globally to develop specific CIB sub-Line of Business commentary and analysis for individual reporting results
• Collaborate with FALMA, CTMO and other stakeholders to ensure timely and accurate production of regulatory reporting.
• Interact and partner with senior CIB Treasury and business leadership, Controllers, Global Treasury, Liquidity Risk Oversight and other related areas to obtain, understand, and analyze information in relation to balance sheet and liquidity implications for the CIB.
• Work independently and collaboratively and establish close partnerships with key CIBT stakeholders.
• Participate in ad-hoc projects as needed by senior management or regulatory initiatives.
• Keep up-to-date on regulatory developments related to Liquidity impacting CIB Treasury.
• Participate in the ongoing process improvements, optimization and rationalization efforts related to Balance Sheet and Liquidity.
• Team leader related activities:
  • Overview more closely cross training, task completions and back up planning, manage QE/ME/Daily calendar
  • Try to reshuffle responsibilities/prioritize in times of over capacity
  • Manage disagreements within the team
  • Ensure coverage/holiday planning
  • Proactively contribute to growth of team members, especially the junior ones
Qualifications:
• Bachelor degree required, minimum 7 years of working experience in Finance with emphasis in analytical work
• Strong analytical, creative thinking and problem solving skills. Comfortable in managing large amounts of data and identifying takeaways
• Good understanding of finance and financial markets and on and off balance sheet products especially for products related to market business (e.g., prime brokerage, secured funding, etc.)
• Knowledge of liquidity risk regulations and implication associated with products preferred, but not required
• Strong interpersonal and communication (verbal and written) skills. Ability to present information in a clear, concise and effective manner
• Organized and able to execute responsibilities with limited supervision and taking ownership of tasks at hand
• Solid work ethic, good business sense, and demonstrated initiative
• Ability to work under pressure, prioritize multiple tasks and bring them to completion
• Strong computer skills, particularly in Excel, PowerPoint, Word and Access
• Team leader/people management experience
• Automation solutions skills in Alteryx, Tableau or Python a desired additional experience
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Keyskills :
risk managementrisk metricsfunds transfer pricing