T/CIO is responsible for firm-wide asset and liability management, including management of the firm's interest rate risk, structural foreign exchange risk, funding, liquidity risk and capital, as well as the company-sponsored retirement plan.
As a Vice President in Capital & Liquidity Policy, you will help to interpret and provide guidance on US regulatory capital and liquidity rules for current, pending, and proposed strategic business initiatives and transactions in support of the Commercial & Investment Bank sub lines-of-business including Tax Oriented Investments and Strategic Investments. This role will also provide leadership and subject matter expertise on Banking Book Equity RWA requirements. You will be responsible for delivering high quality regulatory capital & liquidity analyses and reviews by maintaining relationship with the business and a high level of technical knowledge of financial products.
Job responsibilities:
- Develop, document and maintain key rule interpretations and guidance for US regulatory rules related to Capital and Liquidity
- Maintaining a high level of current technical knowledge and applying it to generate high quality support and oversight
- Manage capital & liquidity policy point of contact responsibilities for Tax Oriented Investments and Strategic Investments sub lines-of-business
- Obtaining a clear understanding of the business initiative/transaction/scenario in question ensuring all relevant key facts are considered
- Understanding the economic drivers and other factors relevant for the situation in question
- Providing guidance to stakeholders to ensure compliance with capital and liquidity rules
- Performing a comprehensive and balanced analysis and independently and efficiently identifying the relevant regulatory guidance and policy interpretations/expectations
- Proposing conclusions that appropriately consider the relevant regulations and regulatory feedback along with considerations such as risk, operational feasibility and market practice
- Participate and represent the firm in industry forums related to regulatory capital and liquidity
Required qualifications, capabilities, and skills:
- 5+ years relevant work experience, banking and finance experience with either a leading bank or a Big Four accounting firm
- Strong knowledge of financial products and understanding of complex financing structures
- Strong knowledge of the US capital rules
- Knowledge of balance sheet, income statement, and accounting fundamentals
- Ability to perform a comprehensive and balanced analyses of complex trade structures
- Excellent interpersonal and communication skills
- Demonstrate an ability to explain complex topics clearly, concisely, persuasively, and in a manner appropriate to the audience
Preferred qualifications, capabilities, and skills:
- Knowledge of GAAP accounting concepts related to equity investments
- Experience interacting with bank regulatory agencies
To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).
About UsWe 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
Skills Required
- 5+ years of relevant work experience in banking and finance at a leading bank or Big Four accounting firm
- Strong knowledge of financial products and complex financing structures
- Strong knowledge of U.S. capital rules
- Knowledge of balance sheet, income statement, and accounting fundamentals
- Ability to comprehensively and objectively analyze complex trade structures
- Excellent interpersonal and communication skills
- Ability to explain complex topics clearly, concisely, persuasively, and appropriately for the audience
- Knowledge of GAAP accounting concepts related to equity investments
- Experience interacting with bank regulatory agencies
- Authorization to work in the United States without employment-based immigration sponsorship
JPMorganChase Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.
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Healthcare Strength — Health coverage is considered comprehensive, including medical, dental, and vision, alongside wellness and mental health resources. Some locations add onsite health centers and related wellbeing support.
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Retirement Support — Retirement offerings include a 401(k)-type savings plan and related financial benefits, with options such as employee stock purchase participation. Financial planning resources are also highlighted to support long-term savings.
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Parental & Family Support — Paid parental leave of 16 weeks for birth or adoption is available for all parents. Child care and back-up child care resources further reinforce family support.
JPMorganChase Insights
What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
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