JP Morgan Chief Investment Office is looking for an Associate to report directly to the CEO who has to responsible for the structural interest rate risk management, home finance mortgage Service, foreign exchange hedging, business advisory, proprietary trading decisions and other Corporate Investments and Obligations.
Job Description
The Chief Investment Office is a profitable business unit reporting directly to the CEO of JPMorgan Chase that has the following mandates:
Structural Interest Rate Risk Management - manage the structural interest rate risk of the firm created by other Line of Business units and management the investment typed securities
Home Finance Mortgage Servicing Rights Hedging (US only) - manage the hedging of interest rate and prepayment risks in MSR asset
Foreign Exchange Hedging - manage the hedging of Firms' exposure to foreign exchange revaluation of non USD revenues, expenses and capital
Other Corporate Investments and Obligations (US only) - covers Corporate/Bank Owned Life Insurance, Pension and Retirment Plans, and Private Equity
Business Advisory - advising Line of Business on their own investment strategies
Proprietary Trading Decisions
Job functions/responsibilities:
Prepare and report daily P&L and risk management information to CIO FO / traders
Explain daily P&L as well as investigate any issues as required
Coordinate front-to-back system process setup
Perform FO-BO reconciliation to ensure correct P&L reporting
Obtain timely sign-off of P&L and provide support for any ad hoc requests and queries from FO
Perform selected monthend P&L reconciliation and work closely with Accounting / Control team to ensure proper reconciliation of P&L accounting
Responsibilities of oversight of other team member
Qualifications
Degree holder
5 to 10 years working experience in Middle Office or Product Control functions preferable
Previous exposure to derivative products preferable
Incisive Media Limited, Haymarket House, 28-29 Haymarket, London SW1Y 4RX, is a company registered in the United Kingdom with company registration number 04038503