Liquidity Risk Associate - Markets/Trading Book

Location: NY, United States

Job Family: Associates

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a strong emphasis on innovation and risk management. As a Liquidity Risk Associate in the Markets/Trading Book team, you will play a critical role in safeguarding the firm's liquidity position amid the dynamic challenges of our Markets and Trading businesses. Based in New York, United States, this associate-level position offers the opportunity to work on cutting-edge liquidity risk evaluations, leveraging advanced analytics to identify and mitigate emerging risks in trading portfolios. You will contribute to maintaining JP Morgan's reputation as a trusted steward of client assets and a pillar of financial stability in the industry. Your primary focus will be on conducting comprehensive liquidity stress tests and scenario analyses for products such as derivatives, fixed income securities, and equities. Collaborating closely with trading desks, Treasury, and senior risk officers, you will monitor intraday liquidity flows, assess potential funding gaps, and ensure adherence to key regulatory metrics like the Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR). This role demands a deep understanding of market volatilities and their implications on the firm's balance sheet, allowing you to provide actionable insights that influence strategic decisions at JP Morgan Chase. In addition to core risk analysis, you will support the development of enhanced liquidity frameworks, prepare detailed reports for regulatory bodies such as the Federal Reserve and SEC, and participate in cross-functional initiatives to refine internal policies. This position is ideal for professionals passionate about the intersection of finance, technology, and regulation, offering exposure to JP Morgan's global operations and opportunities for career growth within our esteemed Risk Management division. Join us to help shape the future of liquidity risk in one of the world's most influential financial institutions.

Key Responsibilities

• Evaluate and monitor emerging liquidity risks associated with JP Morgan's Markets and Trading businesses
• Conduct liquidity stress testing and scenario analysis for trading portfolios
• Collaborate with trading desks to assess intraday and overnight liquidity positions
• Develop and maintain liquidity risk models tailored to derivatives and fixed income products
• Prepare regulatory reports and internal presentations on liquidity metrics for senior management
• Identify potential liquidity gaps and recommend mitigation strategies
• Support the firm's compliance with global liquidity standards including LCR and NSFR
• Analyze market events and their impact on the firm's trading book liquidity
• Work cross-functionally with Treasury, Risk Management, and Compliance teams
• Contribute to the enhancement of liquidity risk frameworks and policies at JP Morgan Chase

Required Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative field
• 2-5 years of experience in liquidity risk management, market risk, or trading operations within a financial institution
• Strong understanding of regulatory frameworks such as Basel III, LCR, and NSFR
• Proficiency in financial modeling and liquidity stress testing methodologies
• Experience with Markets and Trading products including derivatives, fixed income, and equities
• Ability to analyze large datasets and identify emerging liquidity risks
• CFA, FRM, or equivalent certification

Preferred Qualifications

• Advanced degree (Master's or MBA) in Finance or Risk Management
• Prior experience at a major investment bank like JP Morgan Chase
• Knowledge of JP Morgan's internal liquidity risk policies and systems
• Hands-on experience with liquidity risk tools such as Moody's Analytics or internal proprietary models
• Familiarity with SEC and Federal Reserve reporting requirements for trading books

Required Skills

• Liquidity risk assessment and modeling
• Financial analysis and quantitative modeling
• Knowledge of trading instruments and market dynamics
• Regulatory compliance and reporting
• Data analysis using Excel, Python, or R
• Stress testing and scenario simulation
• Risk identification and mitigation
• Cross-functional collaboration
• Attention to detail and analytical thinking
• Communication and presentation skills
• Problem-solving in high-pressure environments
• Understanding of Basel accords and liquidity ratios
• Proficiency in risk management software
• Adaptability to fast-paced financial markets
• Ethical judgment in risk decision-making

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with generous company matching
• Paid time off including vacation, sick days, and parental leave
• Professional development programs and tuition reimbursement
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness initiatives at JP Morgan offices
• Global mobility opportunities and career advancement support

JP Morgan Chase is an equal opportunity employer.