Asset/Liability Management Analytics, Senior Associate

JPMorgan Chase is seeking a Senior Associate to join our Asset/Liability Management Analytics team within the Treasury/Chief Investment Office (T/CIO).

As a Senior Associate in our Asset/Liability Management Analytics team within the Treasury/Chief Investment Office, you will be focusing on Interest Rate Risk (IRR) analytics and strategy.

You will be involved in both business as usual ALM processes and strategic initiatives around balance sheet analysis.

This includes measuring the firm's interest rate risk, understanding balance sheet composition and main promoters of IRR under a range of scenarios, conducting analyses around balance sheet strategy and financial products leveraging large data sets, and communicating analytics to management and partners across the firm.

Job responsibilities:


* Create IRR analytics at the product, line-of-business and firm level including: earnings-at-risk, duration, future duration, and valuation sensitivity


* Automate existing processes and develop new tools for analysis


* Utilize analytical and programming skills to investigate and analyze interest rate risk metrics


* Partner with TCIO portfolio managers, TCIO research, line of business treasury groups, firm wide planning and analysis, IRR reporting/production team, risk oversight, model risk


* Perform as a product level expert with detailed understanding of IRR for specific product categories (e.g.

investment securities, wholesale or retail deposits, mortgage loans, auto loans, credit card loans, wholesale funding), including underlying source data analysis, product attributes and assumptions, valuation models, product balance forecasts


* Develop, improve and implement product level cash flow models


* Use tools and knowledge to assist production team to implement advanced IRR analytics and analysis


* Create and present IRR analysis to senior management for strategic decision making

Required qualifications, capabilities and skills:


* (1-3) years of finance/banking industry experience


* Masters/CFA/MBA degree


* Programming skills (Python, SQL, Git, NumPy)


* Strong understanding of version control systems, particularly Git, for effective code management


* Proficient in communicating technical concepts to stakeholders


* Ability to quickly comprehend and trace existing scripts, ensuring efficient troubleshooting and enhancement of analytical models


* Knowledge of fixed income instruments, banking book products and interest rate risk


* Experience working at a financial institution


* Strong analytical and quantitative, investigative problem-solving, and decision making skills


* An organized self-starter and quick learner with the ability to work under pressure, prioritize multiple tasks, and bring tasks to complete closure


* Experience working with large data sets


* Strong technical skills in Excel and PowerPoint

JPMorganChase, one of the oldest financial instit...