Join our Commercial & Investment Bank Treasury team to help manage the firm's capital in an ever shifting market environment-evaluating business profitability under existing and new regulations, and supporting the strategic planning process.
This is an exciting opportunity to work in a dynamic and strategic role within the Commercial & Investment Bank Treasury (CIBT) group, where you will play a key part in optimizing performance and shaping the future of the organization.
As a Treasury - Capital Management in the Commercial & Investment Bank Treasury team, you will focus on capital management and support the development and execution of related strategies to influence, optimize, measure, and report on business performance. You will have exposure across the firm's treasury teams and work with partners who manage the businesses' balance sheet, funding, and liquidity strategies. You will collaborate with various stakeholders across the firm to drive business results while adhering to regulatory constraints and internal controls.
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Job responsibilities
Focus on capital allocation frameworks and methodology for CIB including the following:
- Drive consistency in financial resource allocations and business incentives across the firm, product segment, regional, and client levels-considering the interaction of regulatory and economic risk constraints at various levels.
- Lead the development, implementation, and ongoing monitoring of CIB capital framework-including aggregation of data for pro forma analyses, preparation of materials for Lines of Business (LOB) syndication related to new initiatives, and real-time review of new business/trade opportunities
- Lead routine and ad-hoc reviews of business-level returns on capital-consuming activities - as measured through Return of Equity (ROE) and returns on other individual resource constraints (e.g. GSIB, liquidity, etc)
- Develop understanding of future regulatory rule changes (e.g. Basel 3 Endgame globally, capital reform advocacy in the U.S., Federal Reserve stress testing regime and related effects on firmwide capitalization decisions, etc)-understand the potential impacts on CIB, evaluate mitigation strategies, and sevre as a subject matter expert for reporting inquiries (quarterly earnings prep, Investor Day, executive reviews, etc).
- Partner with internal stakeholders (Planning & Analysis, Lines of Business, Finance, Risk, and Technology) to support and improve business tools-providing real time insight on total client value and business returns, and socializing impacts on performance measurement to end users and senior leadership
- Develop partnerships with key stakeholders and increase foundational knowledge of CIB businesses and operating environment as responsibilities progressively increase
- Oversee operational forecasting and budgeting tasks for certain CIB financial elements on a monthly and quarterly basis, including collection of stakeholder inputs, processing, management reporting, and routine variance analytics for items within scope of expertise (e.g. common and preferred equity allocations, associated funds transfer pricing and dividends, etc)
Required qualifications, capabilities, and skills
- Bachelor degree required
- Minimum of 8 years of work experience in Financial Services
- Experience with financial resource management in a bank treasury environment, supporting different CIB products (banking and markets)
- Strong fundamental understanding of bank profitability, key drivers of risk and return, and the impact of external trends or industry regulation
- Proficient in Microsoft applications, specifically Excel and PowerPoint
- Demonstrated ability to quickly understand complex subject matter
Preferred qualifications, capabilities, and skills
- Knowledge of U.S. implementations of Basel regulatory capital rules a plus (e.g. risk- weighted assets, Global Systemically Important Bank surcharge, Stress Capital Buffer, Comprehensive Capital Analysis & Review, leverage requirements, etc)
- Thrives on challenges in a fluid working environment
- Actively listens/ assimilates broad ranging information quickly, executes tasks, meet targets, and adapts to change
- Strong interpersonal skills to be able to work closely across different stakeholders
ABOUT US
JPMorganChase, 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. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of 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 & Co. is an Equal Opportunity Employer, including Disability/Veterans
ABOUT THE TEAM
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.