Deposit Analytics Irr Associate

2 weeks ago


London, United Kingdom JPMorgan Chase Bank, N.A. Full time

The Corporate & Investment Bank (CIB) Treasury (CIBT) is a critical function within the CIB's Finance and Business Management function. CIBT is responsible for managing the liquidity, balance sheet and capital positions of the CIB 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.

CIB Treasury Banking Analytics, a unit within CIB Treasury, is responsible for
- Supporting the management of the CIB's banking book interest rate risk (IRR)
- Developing approaches to liquidity stress testing and monitoring results
- Supporting effective Funds Transfer Pricing and Liquidity Premium allocations
- Modelling Balance sheet and NII for the CIB's deposit businesses, including supporting business forecasting processes and regulatory submissions such as CCAR

As a key member of the CIBT Deposit Analytics team you will be involved in evaluating all aspects of the Payments, Trade Finance and Securities Services businesses' liquidity, balance sheet and interest rate risk in the banking book (IRRBB) globally. You will work with the broader CIBT Team to partner with these industry leading liability-based businesses to help them understand and navigate the firm's prudential constraints to better optimize the Banking business' strategy. You will also support Corporate Treasury and CIO (TCIO), Risk and Quantitative Research (QR) to develop efficient and effective models and methodologies for liquidity management and interest rate risk relevant to these businesses.

This team is looking for an Associate to support a broad array of initiatives for the CIB Treasury Banking Analytics Group. You should be skilled at performing complex and quantitative analyses, pay close attention to detail and take ownership over projects and proactively move them forward with support from the broader CIBT team. You should 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. Working knowledge of interest rate risk, financial analysis, liquidity risk, balance sheet analysis, regulatory requirements (US/Basel), and/or accounting concepts is beneficial. Strong interpersonal, organizational, and communications skills are essential.

**Job responsibilities**:

- Work independently and collaboratively with senior CIBT team members, CIB businesses, TCIO, Risk and QR to support development of appropriately robust approaches to stress testing, including being able to develop, clearly document and support assumptions about deposit rate sensitivity and behaviour in stressed market conditions
- Build close partnerships with lines of business to develop understanding of client-driven interest rate sensitivity, liquidity, and balance sheet dynamics
- Work closely with CIBT Planning and Analysis (P&A) team and lines of business to ensure robust NII forecasting and rates paid back-testing and evaluation
- Develop approaches to ad hoc issues to ensure appropriate treatment of business balances in interest rate risk reporting and funds transfer pricing
- Support development of quantitative analysis and tools to support business analysis and pricing decisions
- Support ad-hoc projects and analyses as needed by senior management or regulatory initiatives
- Seek ways to improve team processes

Finance, economics or quantitative degrees such as in computer science, math, statistics or economics may be useful. Must have a genuine interest in finance; prior experience in the industry is preferred.

**Required qualifications, capabilities, and skills**
- Strong interpersonal and communication (verbal and written) skills is a must, including the ability to present information in a clear, concise and effective manner to a wide variety of audiences.
- Ability to work under pressure, rapidly prototype solutions, prioritize multiple tasks and bring projects to completion is ideal.
- Preferred knowledge of Python, R, or any other statistical/numerical programming language or digital accelerators (or at least a strong desire to learn) is helpful

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do



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