Location: Frankfurt a. Main, Germany

As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities.  Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo, and striving to be best-in-class.

The Chief Investment Office, Treasury and Corporate (CTC) Risk function is looking to hire a Risk Analyst to join the International Asset & Liability Management (ALM) Risk function covering JPMSE, one of the largest banks in Germany on a standalone basis.

Reporting to the Head of EU ALM Risk, you will contribute to liquidity risk, interest rate risk in the banking book (IRRBB), credit spread risk in the banking book (CSRBB), and funds transfer pricing in JPMSE including risk monitoring, metric development, reporting, and governance.

The International ALM Risk group partners with other internal Risk groups, Corporate Treasury, Line of Business Treasury groups and senior management to inform legal entity funding and risk management strategies through normal and stressed market environments. The team is responsible or oversight of liquidity risk, IRRBB, CSRBB and funds transfer pricing, under both regulatory defined and firm defined frameworks. International ALM Risk also acts as a primary interface to external regulators on ALM risk topics.

This role offers interaction and visibility with all levels of management across JPMSE. Your responsibilities will include:

  Supporting the operation and enhancement of risk frameworks for liquidity risk, interest rate risk in the banking book (IRRBB), credit spread risk in the banking book (CSRBB) and funds transfer pricing within JPMSE

  Providing independent oversight of corporate and line of business treasury adherence to the liquidity, IRRBB, and CSRBB frameworks

   Being involved in second line review and challenge requirements such as change management, user testing, data and controls review and other matters that impact ALM risk

   Supporting new initiatives for the risk stripe, e.g., implementation of new regulatory requirements such as Climate Risk, ongoing development of CSRBB, supporting new business activities

   Supporting the development and maintenance of models where required, for example for use in capital allocation

   Conducting bespoke stress testing, ad-hoc analysis and deep dives on legal entity balance sheets and broader topics relevant to ALM risk

 

Required Qualifications, Capabilities, and Skills:

We are looking for someone excited to join our organization.  If you meet the minimum requirements below, you are encouraged to apply to be considered for this role:

  Strong grasp of basic financial theory and accounting principles 

   Foundational understanding of liquidity and interest rate risks, with a strong interest in developing deeper expertise

  Good understanding of financial markets and ability to link market developments to risk impacts

  Collaborative mindset with good interpersonal skills and willingness to learn from and partner with stakeholders

   Excellent oral and written communication skills, with the ability to edit and prepare executive level communication

  Well-developed analytical skills and strong critical thinking, with thorough attention to detail

   Strong Excel and data analysis skills, with the ability to work with large datasets and translate analysis into clear insights

  Experience with Tableau, Alteryx or Python, with an interest in innovation, automation and the practical use of AI-enabled tools[VT1.1]

 

Preferred Skills, Experience and Qualifications

  Experience in ALM Risk, Market Risk or a related quantitative area

  Familiarity with regulatory expectations for liquidity risk, IRRBB or broader ALM risk management would be beneficial

   Understanding of stress testing, various return measures and experience with stress construction

  Bachelor/masters degree in finance, economics, mathematics, engineering, accounting or another quantitative discipline

As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. This role supports JPMSE ALM Risk across liquidity risk, IRRBB, CSRBB and funds transfer pricing, contributing to risk monitoring, reporting, governance, stress testing and analytical reviews in partnership with Treasury, Risk and senior stakeholders.