JPMorgan Chase Treasury/Chief Investment Office Execution Middle Office Associate in New York, New York
JPMorgan Chase & Co . (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com at http://www.jpmorganchase.com/ .
Duties: Analyze financial risk management issues by identifying, measuring, and making decisions on operational/enterprise risks. Review, explain, and report on the day-over-day move in risk and position using disparate data sources and a centralized data warehouse. Assist in reporting and testing for the Liquidity Risk Infrastructure initiative. Provide sensitivity-based profit and loss (P&L) attributions with a focus on minimizing any residual component. Calculate, agree, and reconcile traders P&L estimates to the actual results, and explain variances to front office (FO). Control, reconcile, integrate, and monitor intra-day viewer for hierarchy, position, and risk. Perform extensive review of the Treasury/Chief Investment Office (T/CIO) executed activity to ensure compliance against policies, procedures and regulations. Serve as the central contact for FO supervisory review, surveillance and compliance-related matters. Reconcile and report any trade booking/settlements related discrepancies to FO. Take ownership of front-to-back operational support to FO. Respond to various ad-hoc information requests by other functions, including Market Risk, Valuation Control Group, and Business Managers. Perform business analysis and serve as a catalyst for change by owning delivery of all projects' success criteria, both pre- and post-implementation. Drive synchronization of P&L and technology engagement in the delivery of change and enhancements. Build and maintain strong business, operations, and technology relationships.
Minimum education and experience required: This position requires a 3-year or a 4-year Bachelor's degree in Financial Accounting, Auditing, Taxation, or related field of study plus one (1) year of experience in the job offered or one (1) year of experience as a Treasury Operations Analyst, Treasury Transaction Processing Specialist, Financial Service Advisor, or related occupation.
Skills Required: This position requires one (1) year of experience performing duties in Treasury/Chief Investment Office (T/CIO) Operations and Execution, technology enhancements, and business expansion. This position requires one (1) year of experience with using the following investment banking operating systems and analyzing inter-relational dependencies between them: external vendor system OPICs (for settlements and trade discrepancies, and for explaining profit & loss); and external vendor application SAP (for balances and profit & loss). This position requires one (1) year of experience with end-to-end trade life cycle to provide front-to-back operational support to front office (FO). This position requires one (1) year of experience identifying key efficiency gains and gaps in order to implement process and system enhancements within the following sectors: investment banking legal entities; Treasury Money Market process, products, and balances; Money Market confirmations and settlements; and Trade Booking and Settlements operating system OPICS (external vendor MISYS). This position requires any amount of experience with the following skills: Microsoft Excel including Macro; and project management for enhancement of key controls.
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.