Capital and Liquidity Policy- New York – Vice President (Securitization & Banking Book Equity)

JPMorgan Chase is seeking an Vice President to join our Capital and Liquidity Policy team within the Treasury/Chief Investment Office (T/CIO)

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 Securitized Products Group (SPG) and Tax Oriented Investment (TOI) sub lines-of-businesses, Risk, Finance and Technology. This role will also provide leadership and subject matter expertise on Securitization and Banking Book RWA Equity requirements. You will be responsible for delivering high quality regulatory capital & liquidity analyses and reviews by maintaining a high level of current technical knowledge and applying it to generate high quality support.

 

Job responsibilities:

You will be responsible for delivering high quality regulatory capital & liquidity analyses and reviews by:

• Maintaining a high level of current technical knowledge and applying it to generate high quality support and oversight
• 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 including the substance of the arrangement
• Independently and efficiently identifying the relevant regulatory guidance and policy interpretations/expectations
• Performing a comprehensive and balanced analysis addressing the strengths/weaknesses of the potential conclusions
• Ensuring consistency in application through review of historical analyses and consultation with SMEs having performed the initial analysis
• Proposing conclusions that appropriately consider the relevant regulations and supporting regulatory guidance, regulatory feedback along with considerations such as risk, operational feasibility, market practice, and materiality
• Providing guidance to stakeholders to ensure compliance with Basel rules and oversee the implementation of Banking Book Equity RWA-related guidance, while partnering with LOBs, Finance, Risk and Technology

Required qualifications, capabilities, and skills

• 8+ years relevant work experience, banking and finance experience.
• Strong knowledge of financial products and understanding of complex financing structures. 
• Strong knowledge of the US Basel III capital rule. 
• Ability to perform a comprehensive and balanced analyses of complex trade structures independently/under minimum supervision 
• Excellent interpersonal and communication skills
• Demonstrate an ability to explain complex topics clearly, concisely, persuasively, and in a manner appropriate to the audience, while explaining the business purpose and intent of the transaction/scenario being presented/evaluated

Preferred qualifications, capabilities, and skills: 

• Prior experience in the Securitization area
• Experience working in either a leading bank or a Big Four accounting firm
• Background in credit risk or structuring
• Experience interacting with bank regulatory agencies

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 the