North America Treasury Funding, Associate

Job Posted 2 Days Ago Posted 2 Days Ago
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New York, NY
Hybrid
Entry level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
The Associate will support the Treasury Funding team by developing strategies for intercompany funding and collateral management. Responsibilities include analyzing balance sheets, owning key reporting, coordinating with stakeholders, and assisting with intercompany funding requests.
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Job Description
JPMorgan Chase is seeking an Associate to join our Treasury Funding team under the Intercompany Liquidity Management (ILM) and Collateral Management functions within the Chief Investment Office.
ILM focuses on the governance, analytics, reporting and controls of intercompany funding and liquidity. This individual will work on various initiatives to simplify the intercompany funding model within the Firm's legal entity structure. These will include developing strategic methods to analyze the Firm's intercompany flows for potential efficiencies, coordinating with Firm wide stakeholders on implementation, and partnering with technology to drive enhancements. Working in Treasury will give the successful candidate the opportunity to work alongside senior front office, finance, and risk management professionals in an area of the Firm that covers the spectrum of asset classes & financial/banking products. The position offers good visibility into various products across the bank as well as the unique opportunity to understand firm initiatives from a broad perspective.
Collateral Management oversees collateral pledging initiatives on behalf of the firm and maintains the firm's relationships both internally and externally at the Federal Reserve Bank Discount Window and the Federal Home Loan Bank system. The candidate will assist in identifying pledge opportunities, coordinating pledge initiatives across the Lines of Business, and providing a strategic view on the firm's collateral positioning. The position offers deep insight into how collateral can be used to bolster the liquidity position of the firm and requires partnership across many functions.
Job Responsibilities:

  • Assist with developing and implementing strategies to simplify the intercompany funding model and pursue new collateral initiatives, involving outreach to a number of stakeholders across the Firm
  • Review and respond to intercompany funding requests
  • Analyze legal entity balance sheets to evaluate need for changes in the funding profile
  • Own key reporting related to both intercompany and collateral management processes
  • Oversee and direct pledge of CIO NA securities to various internal counterparties
  • Participate in firm relationships with the FRB Discount Window and Federal Home Loan Banks, staying apprised of reforms in the industry
  • Assist with and serve as a point of contact for intercompany and collateral related processes


Required qualifications, capabilities and skills:

  • Degree in Finance or Economics related discipline
  • SIE and Series 99 license preferred or must obtain within 6 months of hire
  • Detail-oriented and able to multi-task in a fast paced environment with frequently changing priorities and to meet deadlines under pressure
  • Ability to interact with and build relationships with people from different departments and levels of seniority
  • Strong analytical and technical skills (Bloomberg, Excel, PowerPoint, Alteryx)
  • Strong verbal and written communication skills
  • Self-starter who is driven to excel in all aspects of their role and seeks to innovate and initiate improvements


Preferred qualifications, capabilities and skills:

  • Experience in a relevant field (i.e. Risk Management, Liquidity, Funding, Corporate Finance, Capital Markets) is a plus


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
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.

Top Skills

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Bloomberg
Excel
PowerPoint

What the Team is Saying

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Executive Director, Software Engineering
“My favorite thing about JPMorgan Chase is the vast number of problems we solve, and the diversity it takes to do that. Moving money, enabling payments and producing a world class customer experience are just a fraction of what we work on. Because the office is so casual and open, I get to participate in discussions on all of this. “
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The Company
HQ: New York, NY
289,097 Employees
Hybrid Workplace
Year Founded: 1799

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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