The objective of the Treasury/Chief Investment Office (TCIO) is to manage the Firm’s consolidated interest rate and FX risk through various investment and hedging strategies. TCIO executes market transactions using a diversified slate, including fixed income, FX and credit products. Risks managed by the TCIO include structural interest rate, mortgages and foreign exchange risk. Products utilized include fixed income securities, mortgage-backed securities, interest rate swaps, and cross currency swaps.
The candidate will join Treasury Chief Investment Office’s North America Product Control team whose principal responsibility is oversight and financial reporting of CIO’s hedging activity. The team’s primary focus is ensuring the proper implementation of Derivative Accounting and reporting policies as well as the preparation of related reports and analyses.
In addition to providing insight into the function of the Chief Investment Office, the role will provide the candidate with exposure to a range of products including interest rate swaps, cross currency swaps, and various fixed income products.
Position Responsibilities:
- Preparation & analysis of various daily P&L and position reports for Front Office
- Compile various analyses to explain P&L components and drivers of hedge activity
- Work closely with Technology teams to implement reporting requirements and resolve issues
- Implementation of new hedging strategies
- Oversight of various procedures and controls surrounding hedging activities
- Recommend areas for improvement and streamline processes where appropriate
- Participate in ad-hoc projects and other analytical requests
**Skills Required: **
- Basic understanding of Interest Rate Swaps, Cross Currency Swaps, Fixed Income Instruments and Debt products
- Knowledge of AI and experience with applying AI in practice is preferred
- Solid understanding of financial accounting and finance
- High motivation, a desire to learn, and ability to quickly climb learning curve
- Strong communication skills and the ability to interface effectively with Front Office, Operations and Technology teams
- Ability to manage individual projects and meet deadlines with minimal supervision
- Exposure to hedging and/or derivative products is a plus
Additional Information:
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).