JPMorgan Risk Management & Compliance - Liquidity Associate 

United States, New York, New York 

869071424

Liquidity Risk Management - Associate

In this role, you will interact and partner with business units, corporate treasury, and other risk stripes, to obtain, understand, analyze, and draw conclusions with respect to potential liquidity risk implications within the firm’s businesses. You will continuously assess emerging risks to Firm's liquidity by monitoring evolving short-term funding markets and present conclusions to senior management.

Job Responsibilities

• Identify, assess, and monitor liquidity risks related to the firm’s trading activities (prime brokerage, secured funding, derivatives)
• Provide effective independent risk challenge and oversight on business units and liquidity management teams
• Monitor balance sheet through limits and indicators that are designed to control and monitor liquidity risk
• Develop and present material for risk committees.
• Fulfil regulatory requests pertaining to liquidity risk for independent risk management.
• Articulate key evolving risks to senior management in easy to understand manner.
• Undertake analysis of balance sheet changes to assess liquidity risk impacts and provide independent viewpoint through daily/weekly risk commentary and assessments
• Be involved in second line review and challenge of requirements such as change management, user testing, data and controls review and other matters that impact liquidity risk for product coverage area

Required qualifications, capabilities, and skills

• Minimum 5+ years of experience in banking industry across treasury, liquidity risk, market risk and/or trading products
• Strong analytical, investigative problem-solving, and decision-making skills. Comfortable with detailed independent analysis, critical thinking and strong ability to challenge status-quo
• Excellent communication skills, particularly in explaining technical concepts.
• Proficiency in Excel and PowerPoint.
• Familiarity with automated solutions, such as Alteryx, Python, or desire to learn
• Understanding of the governance and controls surrounding risk monitoring including, stress testing, limits and indicators, and ongoing monitoring
• Second line risk mindset with either ability to independently and objectively form an opinion or undertake analysis that contributes to such opinion formation

Preferred qualifications, capabilities, and skills

• Experience in Liquidity Risk management with a wide range of experience with quantitative, financial and risk management techniques & systems is preferred
• Prior experience in second line risk management or an inclination to pursue a career in second line risk management is a strong plus
• Understanding of qualitative model documentation and being able to write independent reviewer observations is a strong plus