Job description
Commercial Banking (CB) provides the complete product offering of JPMorgan Chase, including lending, treasury services, investment banking and investment management to corporations, financial institutions, municipalities, and not-for-profit entities with annual revenues generally ranging from $20 million to $2 billion.
CB Treasury is primarily responsible for managing the CB balance sheet and associated funding, liquidity reporting, budget forecasting, and capital related functions. Additional responsibilities include building and maintaining client profitability tools (including loan and deposit valuation models), developing and executing deposit pricing strategy, and producing insightful management reporting. The various teams in Treasury work together and have regular interaction with other teams in CB Finance as well as various corporate and product functions.
This role will be focused on supporting the CB's growing international business, helping to maximize earnings potential and educate the expanding global CB team.
Job Description:
This position will be responsible for activities including:
- FTP (Funds transfer pricing) - trending, analysis, communicating changes, training
- Interest Rate Management - Monitoring risk movements, understand underlying trends and support decisions with in-depth analysis
- Deposit pricing - work closely with Liquidity Solutions partners on international deposit beta / pricing strategy by product, currency, location
- Deposit Analytics & Reporting - enhancing financial and client reporting for international business
- Enhancing the international forecasting and funding review process
- Regulatory / Governance tasks - provide regular updates in local ALCO discussions, and work with CB and Line of Business Treasury partners on various regulatory submissions
- Special projects requested from CB Senior Management
This position reports to the CB Treasury Manager of Balance Sheet Management and Liquidity Reporting.
Responsibilities:
- 1+ years of relevant experience
- Financial analysis and critical thinking skills
- Ability to multi-task in fast paced environment
- Proactive individual with strong communication skills
- Ability to work well with cross-functional partners
- Great attitude and willingness to learn
Job: Finance
Primary location: London
Organization: CB Finance
Salary Grade: Analyst/Associate
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.