Corporate - CIO Treasury - Liquidity & Interest Rate Risk - Program Manager - Associate - NY, NY

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • JPMorgan.
  • 26 Sep 16

Corporate - CIO Treasury - Liquidity & Interest Rate Risk - Program Manager - Associate - NY, NY

Chief Investment Office and Global Treasury are responsible for managing the Firm's liquidity risk, interest rate risk, foreign exchange risk, and other structural risks. The division also manages the firm's capital, balance sheet, liquidity, funding, rating agency relationships and insurance activities.
The Structural Interest Rate Risk (ALMonD) and Liquidity Risk (LRI) programs have recently merged under one Program Management umbrella, reporting to the CTC CAO. This role is part of the newly formed Asset Class Owner team supporting solution delivery across the Banking Book product space, for both Liquidity and Interest Rate Risk. This role is part of a small yet high impact team, responsible for execution of multi-year deliverables. This program is one of the 15 major Finance & Risk Infrastructure Initiatives in the Finance & Risk Roadmap. This role includes a high degree of interaction with stakeholders with LOBs (including CTC) and functional areas (Front Office/Strategy, Operations, Technology, Risk, etc).
Objectives/Deliverables of the Role
End-to-end ownership of key initiatives for both Structural Interest Rate Risk & Liquidity Risk, including:
· Become a SME on products in the Banking Book space (cash, deposits, loans, AFS investment securities, long term funding, funds transfer pricing, etc.)
· Understand key measures and reports within the Liquidity and Interest Rate Risk space
· Developing a best in class Asset-and-Liability Management measurement and reporting infrastructure (ALMOND)
· Participate in strategic onboarding of feeds from the Finance & Risk Data Warehouse (replacing legacy feeds and resolving key Data Quality issues that affect Interest Rate & Liquidity Risk metrics)
· Extend global reporting capabilities to meet local international regulatory requirements for Currency, Legal Entity and Country
· Integrate newly developed models and methodologies into both the ALMonD and LRI platforms
· Increase ALMonD scenario capability and operating model to enable reporting of 500 scenarios from today's levels (~50)
· Integration of balance sheet forecasts from the F3 framework into ALMonD

The individual will be exposed to the full lifecycle of each change and will own several projects simultaneously. The individual will interact with and leverage SMEs in order to understand current state and design the most appropriate strategic solution. The role requires an energetic, talented individual that is eager to work in a dynamic team setting. The individual will:
· Facilitate gathering of business requirements and drive solutions with direct impact to Liquidity & Interest Rate risk metrics and reports
· Analyze large volumes of data, diagnose issues and roadblocks, solve problems creatively and drive towards resolution within resource and timing constraints. Ability to perform data analysis, recognize patterns and recommend conclusions based on facts is a critical component of the role. Data analysis and problem solving is expected at various stages of each project, including business requirements and UAT test execution.
· Communicate status of deliverables to key stakeholders through PowerPoint presentations and high-level summary communications.
· Follow appropriate business and technology change management governance protocols and effectively integrate change into business processes

The candidate must be a self starter who is able to work in a fast paced, results driven environment.

· Minimum 5 years of relevant experience supporting large-scale projects within Asset & Liability Management, Treasury, Finance or Risk space
· Bachelor's degree in Finance, Economics, Statistics, Math or other quantitative field. MBA/Master's degree is preferred.
· Proven successful track record in managing multiple programs and projects
· Strong analytical and quantitative skills, critical thinking, investigative problem-solving and decision making talents
· Excellent and proven verbal and written communication skills with ability to communicate effectively at many levels of the organization
· Ability to work under pressure, prioritize multiple tasks, and bring tasks to complete closure
· Organized and able to execute responsibilities with minimal supervision
· Strong technical skills (particularly in MS Excel and Access). Knowledge of VBA, SQL or other financial modeling platforms a plus.