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 sub lines-of-business including Tax Oriented Investments and Strategic Investments. This role will also provide leadership and subject matter expertise on Banking Book Equity RWA requirements. You will be responsible for delivering high quality regulatory capital & liquidity analyses and reviews by maintaining relationship with the business and a high level of technical knowledge of financial products.
Job responsibilities:
- Develop, document and maintain key rule interpretations and guidance for US regulatory rules related to Capital and Liquidity
- Maintaining a high level of current technical knowledge and applying it to generate high quality support and oversight
- Manage capital & liquidity policy point of contact responsibilities for Tax Oriented Investments and Strategic Investments sub lines-of-business
- 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
- Providing guidance to stakeholders to ensure compliance with capital and liquidity rules
- Performing a comprehensive and balanced analysis and independently and efficiently identifying the relevant regulatory guidance and policy interpretations/expectations
- Proposing conclusions that appropriately consider the relevant regulations and regulatory feedback along with considerations such as risk, operational feasibility and market practice
- Participate and represent the firm in industry forums related to regulatory capital and liquidity
Required qualifications, capabilities, and skills:
- 5+ years relevant work experience, banking and finance experience with either a leading bank or a Big Four accounting firm
- Strong knowledge of financial products and understanding of complex financing structures
- Strong knowledge of the US capital rules
- Knowledge of balance sheet, income statement, and accounting fundamentals
- Ability to perform a comprehensive and balanced analyses of complex trade structures
- Excellent interpersonal and communication skills
- Demonstrate an ability to explain complex topics clearly, concisely, persuasively, and in a manner appropriate to the audience
Preferred qualifications, capabilities, and skills:
- Knowledge of GAAP accounting concepts related to equity investments
- Experience interacting with bank regulatory agencies
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).