Funds Transfer Pricing, Vice President

JPMorgan Chase JPMorgan Chase · Banking · New York, NY +1 · Commercial & Investment Bank

This role is primarily focused on Funds Transfer Pricing (FTP) and funding policies within a financial institution's Treasury team. While it mentions exploring AI/ML and Big Data for modernizing analytics, the core responsibilities revolve around traditional treasury functions, policy development, implementation, and governance. The role involves financial modeling, balance sheet strategy, and stakeholder collaboration, with AI/ML being an exploratory area rather than a core craft.

What you'd actually do

  1. Develop and maintain transfer pricing methodologies, including FTP and internal funding frameworks such as marginal funding curves, FTP spread methodologies across currencies, and liquidity premium attribution
  2. Align policies with liquidity premiums, funding spreads, entity and currency considerations, and balance sheet structure
  3. Update methodologies to reflect market conditions, regulatory requirements, and business strategy
  4. Recommend and implement policy changes to support efficient resource allocation and balance sheet management
  5. Oversee analysis of funding consumption, FTP allocations, and resource usage at business and legal entity levels; support scenario modeling and impact analysis including CCAR stress testing forecasts for NII, interest revenue/expense, and non-interest revenue

Skills

Required

  • 7+ years of experience in treasury, FTP, asset and liability management, or funding management at a financial institution
  • Strong understanding of banking products such as loans, deposits, derivatives, and securities, as well as balance sheets and ledger structures
  • Experience with transfer pricing and FTP methodologies, including liquidity and funding frameworks
  • Strong analytical and quantitative skills
  • Proficiency in Excel, SQL, Python, or similar tools
  • Experience leading cross-functional projects and managing multiple priorities in a fast-paced environment
  • Strong communication and stakeholder management skills
  • Experience presenting to senior management and participating in governance forums such as FTP Committees
  • Detail-oriented, proactive, and committed to continuous improvement
  • Ability to synthesize complex information and present it clearly to diverse audiences

Nice to have

  • Advanced degree in Finance, Economics, Mathematics, Statistics, Data Science, or related field
  • Experience with regulatory frameworks such as Basel III/IV, LCR, NSFR, and experience supporting regulatory reviews or engaging directly with regulators (OCC, Fed) on FTP, capital allocation, or liquidity topics
  • Experience with FTP and liquidity cost allocation for markets trading, securities financing, and derivatives portfolios; familiarity with Initial Margin (IM), Variation Margin (VM), CCP margining processes, and Funding Valuation Adjustment (FVA) frameworks
  • Exposure to interest rate risk models (VaR/SVaR), Monte Carlo simulation, or ALM platforms (e.g., QRM)
  • Experience with model validation and audit processes
  • Familiarity with data visualization and reporting tools (e.g., Tableau, QlikSense)
  • Experience working in a large, matrixed financial institution
  • Experience with or interest in applying Machine Learning, AI, or Big Data tools (e.g., Spark, cloud data platforms) to Treasury analytics, liquidity modeling, or automation

What the JD emphasized

  • 7+ years of experience in treasury, FTP, asset and liability management, or funding management at a financial institution
  • Strong understanding of banking products such as loans, deposits, derivatives, and securities, as well as balance sheets and ledger structures
  • Experience with transfer pricing and FTP methodologies, including liquidity and funding frameworks