Corporate Treasury and Chief Investment Office (CIO) - Produ
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Newark, DE 19713
ABOUT Treasury/Chief InvestmentOffice:
Operations is part of the Treasury/Chief Investment Office (T/CIO) which is
responsible for firm wide asset and liability management including:
+ Aggregatingand managing the firm’s structural interest rate risk, primarily through aglobal investment portfolio.
+ Managingthe firm’s funding and liabilities, including both long term debt and shortterm cash deployment.
+ Aggregating,managing and reporting the firm’s liquidity risk.
+ Aggregatingand managing the firm’s structural foreign exchange.
+ Managingthe end to end risk weighted assets and capital process.
ABOUT Execution Middle Office : The executionmiddle office provides transaction analysis, P&L and risk, and projectsupport to the T/CIO desks which execute transactions and manage resultingpositions. You will participate in the effort to ensure the
business’s dynamic environment is well supported and properly controlled. Due to the constant evolution of business and
regulatory initiatives, your role will necessitate your involvement in daily
processes as well as drive projects. You will work closely with Portfolio Managers to
fully understand business drivers and support requirements, as well as
colleagues within settlement, financial control, market risk, interest rate
risk, liquidity risk, and technology.
candidate will possess a financial mindset, an appreciation for complex system
flows and the controls necessary to ensure their accuracy, a thorough
understanding of financial instruments and relevant accounting principles, an
aptitude for root/cause analysis, and an overriding eagerness to exhibit
leadership and drive.
Key Responsibilities :
+ Production and substantiation of P&L andRisk to CIO/Treasury FO/Management
+ Provide supervisory oversight of dailyP&L/Risk process and Regional/Global management reporting
+ Provide oversight of daily system to systemreconciliations
+ Oversight/Monitor various corporate feedsrelating to CIO & Treasury
+ Monitor Market Risk related controls-includes updating/monitoring of risk limits, report clean P&L for VaR backtesting, various risk reporting
+ Monitor Credit risk related controls andincludes working in close partnership with Credit Risk & reporting teams,produce country risk reporting, monitoring and escalation of collateral valuationdifferences
+ Contribute to New Business initiativesincluding active participation to on-board a new product & designing MOwork flow, provide analysis/advice around booking strategies & operationalprocedures
+ Actively run Strategic Re-engineering and global projects involvingfront/back end systems and closely partner across 3 regions.
+ Provide support for any ad hoc requests andqueries from various stakeholders
+ Review current processes, identifyopportunities for improving efficiency & controls and deliveringtactical/strategic solutions
+ Work in close partnership with Market Risk,Credit Risk, Business Management, Trade support, Financial controllers, VCG,Technology, PMO & other regional MO to ensure adequate controls on overallP&L & Risk numbers
+ Understand & contribute to variouscontrol frameworks, i.e. Control Self Assessment (CSA), Sarbanes Oxley (SOX)& Business Control Committees (BCC’s)
+ Participateand contribute to firm-wide initiatives which includes global projects onre-engineering risk management & back office system, improvement
+ Degreein Finance, Accounting, Risk or related field required e.g. CPA, CFA,FRM or other management disciplinedesired
+ 3+years’ experience with top tier banks in Middle Office, Market Risk,Valuation, Finance or Product Control
+ In depth understanding in trade life cycle, P&Lexplains, Market Risk reporting
+ Good derivatives product knowledge with hands onexperience in FX, Interest Rate, Fixed income & Treasury products
+ Good understanding of transaction cycle, infrastructure& associated operational and financial processes and controls
+ Strong leadership and management skills, self-starter& can lead and motivate team members
+ Works independently and takes decisions, escalates whenappropriate
+ Good communication skills, robust and credible partner
+ Detail oriented, ability to deep dive on processes andimprove controls/efficiencies
+ Strong relationship-building and networking skills
+ Ability to deal with high level of adhoc requests anddeliver under pressure
+ Excel/ MS PowerPoint proficiency
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.