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JPMorgan Chase Resolution and Recovery - Liquidity, Senior Associate in New York, New York

The Dodd-Frank Act requires large, systemically important financial institutions such as JPMorgan Chase to submit Board-approved Resolution and Recovery Plans (a.k.a. Living Wills) to US regulators annually and upon the occurrence of material changes to the Company. Recovery Plans need to demonstrate how the firm would recover if the firm were to experience significant decreases in capital and liquidity as a result of a severe, crisis event. Resolution Plans need to demonstrate how JPM would be resolved in an orderly way (i.e., without causing a major market disruption), if the company ever became bankrupt. These plans are a strategic priority for the firm.

As a member of the team, you will be responsible for assisting on a variety of key deliverables in support of the production, analysis and continued enhancement of firmwide liquidity analytics and reporting initiatives, in direct support of Resolution and Recovery planning.

Job Responsibilities:

  • Develop a deep understanding of Resolution and Recovery planning processes, with particular focus on liquidity analytics and stress assumption development and implementation

  • Conduct firmwide and legal entity specific Resolution and Recovery liquidity stress testing, analyze liquidity impacts and identify potential liquidity risks

  • Be familiar with all of the Corporate Treasury related content included in Resolution and Recovery plans. Liaise with Lines of Business and other stakeholders to ensure that no inconsistencies exist or are introduced across the plans

  • Ensure Corporate Treasury deliverables are in compliance with evolving regulatory requirements related to liquidity, specifically around Resolution and Recovery planning

  • Consult internal stakeholders on Resolution and Recovery initiatives in other jurisdictions and provide guidance when local regulatory requests related to Resolution and Recovery planning are received

  • Keep up-to-date on regulatory developments in the global Resolution and Recovery planning space

Required Qualifications, Skills, and Capabilities:

  • 3+ years of financial services experience

  • Candidate, at a minimum, must have experience that is related to liquidity management (e.g., regulatory policy/strategy, Treasury/funding activities, finance/risk)

  • Ability to operate in a fast-paced environment with a high level of scrutiny and be able to interact effectively with the various stakeholders

  • Very strong qualitative and quantitative analytical skills

  • Excellent presentation skills and the ability to succinctly convey complex results and issues

  • Very Strong communication skills and ability to effectively collaborate and coordinate across various lines of business, legal entities and geographic regions

  • Ability to work independently with minimal oversight but who can also be an effective team member

  • Able to work under pressure, prioritize multiple tasks and bring tasks to closure

  • Significant attention to detail

  • Strong development experience in Excel

Preferred Qualifications, Skills, and Capabilities:

  • Experience with Visual Basic for Applications (VBA)

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans

Base Pay/Salary

New York,NY $95,000.00 - $135,000.00 / year

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