JPMorgan ALM Deposits Modeling & Analytics Associate 

United Kingdom, England, London 

144598530

As an ALM Deposits Modeling & Analytics Associate within Treasury and Chief Investment Office (T/CIO) you will focus on the Structural Interest Rate Risk (SIRR) from the Firm’s deposits and you will be responsible for various key functions including deposit beta updates, assumption reviews, attrition/amortization studies, and regulatory adherence. You will work closely with Line of Business (LOB) Treasury teams and other stakeholders to ensure robust deposit modeling and analytics, with particular focus on the non-USD book.

Job responsibilities:

• Partner with LOB Treasury teams to regularly review and maintain deposit beta for non-USD deposits
• Review and challenge updated assumptions and assess their impact on deposit models
• Conduct studies to understand deposit attrition and amortization patterns
• Drive annual reviews of Deposit IRR deposit beta and input parameters
• Provide routine updates on upcoming model changes to relevant stakeholders
• Partner with LOB Treasury teams to address and close Model Risk Issues related to deposits
• Ensure adherence to regulatory standards, with particular focus on JPMorgan's foreign office legal entities
• Work with SIRR Risk and Model Risk teams in their review Deposits SIRR methodologies
• Develop, maintain, and own deposit performance monitoring reports
• Establish a common deposit development and analytics platform

Required qualifications, capabilities, and skills

• 4+ years of experience in banking, consulting, finance, strategy, capital markets, asset management, and/or risk management
• Quantitatively focused undergraduate and/or graduate degree or other demonstrated quantitative and analytical ability
• Excellent written (PowerPoint) and verbal communication skills with the ability to effectively discuss and debate complex concepts with senior stakeholders
• Strong analytical and problem-solving skills with a keen interest in financial services strategy, balance sheet management, banking, and corporate finance
• Ability to manage end-to-end work streams within large-scale projects, ensuring timely production of deliverables and proactively raising potential issues

Preferred Qualifications, Capabilities, and Skills:

• Advanced usage of Excel for prototyping solutions and designing visualizations. Experience with scripting/programming languages and statistical packages (e.g., Python, MATLAB, R, SQL) is preferred
• MBA, MSc, MA equivalent and/or progress towards CFA charter preferred
• Keen interest in banking, corporate finance, financial services strategy, and balance sheet management.