JPMorgan Chase is seeking an Associate to join our Treasury Funding team under the Intercompany Liquidity Management (ILM) and Collateral Management functions within the Chief Investment Office.
ILM focuses on the governance, analytics, reporting and controls of intercompany funding and liquidity. This individual will work on various initiatives to simplify the intercompany funding model within the Firm’s legal entity structure. These will include developing strategic methods to analyze the Firm’s intercompany flows for potential efficiencies, coordinating with Firm wide stakeholders on implementation, and partnering with technology to drive enhancements. Working in Treasury will give the successful candidate the opportunity to work alongside senior front office, finance, and risk management professionals in an area of the Firm that covers the spectrum of asset classes & financial/banking products. The position offers good visibility into various products across the bank as well as the unique opportunity to understand firm initiatives from a broad perspective.
Collateral Management oversees collateral pledging initiatives on behalf of the firm and maintains the firm’s relationships both internally and externally at the Federal Reserve Bank Discount Window and the Federal Home Loan Bank system. The candidate will assist in identifying pledge opportunities, coordinating pledge initiatives across the Lines of Business, and providing a strategic view on the firm’s collateral positioning. The position offers deep insight into how collateral can be used to bolster the liquidity position of the firm and requires partnership across many functions.
Job Responsibilities:
Assist with developing and implementing strategies to simplify the intercompany funding model and pursue new collateral initiatives, involving outreach to a number of stakeholders across the Firm Review and respond to intercompany funding requests Analyze legal entity balance sheets to evaluate need for changes in the funding profile Own key reporting related to both intercompany and collateral management processes Oversee and direct pledge of CIO NA securities to various internal counterparties Participate in firm relationships with the FRB Discount Window and Federal Home Loan Banks, staying apprised of reforms in the industry Assist with and serve as a point of contact for intercompany and collateral related processesRequired qualifications, capabilities and skills:
Degree in Finance or Economics related discipline SIE and Series 99 license preferred or must obtain within 6 months of hire Detail-oriented and able to multi-task in a fast paced environment with frequently changing priorities and to meet deadlines under pressure Ability to interact with and build relationships with people from different departments and levels of seniority Strong analytical and technical skills (Bloomberg, Excel, PowerPoint, Alteryx) Strong verbal and written communication skills Self-starter who is driven to excel in all aspects of their role and seeks to innovate and initiate improvementsPreferred qualifications, capabilities and skills:
Experience in a relevant field (i.e. Risk Management, Liquidity, Funding, Corporate Finance, Capital Markets) is a plus