What are the responsibilities and job description for the Funds Transfer Pricing Vice President position at JPMorganChase?
Job Description
Are you ready to take on a pivotal role within Corporate Investment Banking Finance and Business Management? As a CIB Treasury Funds Transfer Pricing Vice President, you will be at the forefront of managing the liquidity and capital positions of our investment banking businesses. This critical function is essential for establishing transparent, market-based funds transfer pricing policies and enhancing our collateral and liquidity risk management capabilities.
As a Corporate Investment Banking Treasury (CIBT) Funds Transfer Pricing Vice President within Corporate Investment Banking Finance and Business Management, you will manage the liquidity and capital positions of the investment banking businesses. Your role will involve working closely with Corporate Treasury and Liquidity Risk Oversight to develop consolidated liquidity risk metrics and coordinate analysis and reporting for regulators and rating agencies. You will be responsible for enhancing the forecasting and budgeting processes, defining and documenting the operating model, and producing actual profit and loss reporting and analysis. Additionally, you will work on improving the interoperability between Funds Transfer Pricing and liquidity policy and adapting Funds Transfer Pricing processes to changes in the liquidity framework. This role offers the opportunity to innovate and promote technology improvements, and to interact with treasury teams across Corporate Investment Banking and Treasury and Chief Investment Office, Line of Business controllers, financial controllers, external reporting, and front office.
Job Responsibilities
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 they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About The Team
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Are you ready to take on a pivotal role within Corporate Investment Banking Finance and Business Management? As a CIB Treasury Funds Transfer Pricing Vice President, you will be at the forefront of managing the liquidity and capital positions of our investment banking businesses. This critical function is essential for establishing transparent, market-based funds transfer pricing policies and enhancing our collateral and liquidity risk management capabilities.
As a Corporate Investment Banking Treasury (CIBT) Funds Transfer Pricing Vice President within Corporate Investment Banking Finance and Business Management, you will manage the liquidity and capital positions of the investment banking businesses. Your role will involve working closely with Corporate Treasury and Liquidity Risk Oversight to develop consolidated liquidity risk metrics and coordinate analysis and reporting for regulators and rating agencies. You will be responsible for enhancing the forecasting and budgeting processes, defining and documenting the operating model, and producing actual profit and loss reporting and analysis. Additionally, you will work on improving the interoperability between Funds Transfer Pricing and liquidity policy and adapting Funds Transfer Pricing processes to changes in the liquidity framework. This role offers the opportunity to innovate and promote technology improvements, and to interact with treasury teams across Corporate Investment Banking and Treasury and Chief Investment Office, Line of Business controllers, financial controllers, external reporting, and front office.
Job Responsibilities
- Enhance the forecasting and budgeting processes
- Define and memorialize the operating model with the CIBT Planning and Analysis team
- Produce CIBT actuals P&L reporting and analysis (inclusive of TCIO allocation and allocated to CIB LOBs)
- Document FTP policy and liaison with the internal control groups
- Oversee allocation of monthly funding costs through balance sheet funding engine and face off against business controllers on FTP policy changes and inquiries.
- Devise ways to automate FTP processes and drive technology improvements
- Design MIS to provide transparency and business analytics
- Improve the interoperability between FTP and liquidity policy and adopt FTP processes to changes in the liquidity framework
- Interact with the treasury teams across CIB and TCIO, LOB controllers, financial controllers, external reporting, and front office.
- 6 years of financial or trading experience
- Innovative, self-starter
- Strong partnership skills to deliver multiple project in complex environment
- Experience in trading markers outside of US
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 they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About The Team
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
