ALM Deposits Modeling & Analytics Associate

Job Description
You are passionate about Deposits Modeling & Analytics and you have strong analytical and problem-solving skills with a keen interest in financial services strategy, balance sheet management, banking, and corporate finance, that role is for you.
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.
You will work for the Treasury and Chief Investment Office (T/CIO) at JPMorgan Chase & Co. which is responsible for firmwide asset and liability management for one of the world's largest global financial institutions with a balance sheet of more than $4 trillion, with more than $2.3 trillion in deposits. T/CIO oversees a global investment securities portfolio used to manage the firm's interest rate and currency exposure. T/CIO is responsible for developing and executing the firm's capital, balance sheet, liquidity, and funding strategy.
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.

About Us
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. 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.
About the Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.