Interest Rate Risk Analyst - Banking Book

Stuctural Interest Rate Risk - Analyst

Join JPMorgan Chase’s CTC Risk organization, where you will play a key role in safeguarding the firm’s financial strength and resilience. As an Analyst specializing in Interest Rate Risk in the Banking Book (IRRBB), you will be part of a team responsible for identifying, monitoring, and managing interest rate risk across our firm. The CTC Risk function partners closely with Corporate Treasury, line of business Treasury groups, and senior management to inform risk management strategies through both normal and stressed market environments. Our culture is centered on innovation, challenging the status quo, and striving for best-in-class risk practices.

Job Responsibilities:

• Monitor and manage IRRBB exposures, including key metrics such as Earnings at Risk, Duration of Equity, and Economic Value of Equity, ensuring compliance with regulatory requirements and internal risk limits
• Conduct deep-dive analyses and market scenario assessments to identify emerging risks and blind spots
• Support the development and enhancement of risk frameworks, metrics, and reporting for IRRBB
• Summarize analytical findings for management reports and presentations, communicating complex concepts clearly to both technical and non-technical stakeholders
• Collaborate with IRRBB coverage teams across lines of business and global legal entities
• Stay informed on market trends and macroeconomic environments to guide the firm through complex Interest Rate Risk challenges
• Drive process improvement and automation initiatives to enhance risk monitoring and reporting through citizen development tools (such as Python, SQL, and data visualization platforms) 

Required Qualifications, Capabilities, and Skills:

• Bachelor’s degree in Finance, Mathematics, or a quantitative field (Master’s in Financial Engineering or Quantitative Finance preferred)
• Proficiency in Python, SQL, or similar programming languages
• Experience with data visualization tools and an innovation-oriented mindset
• Strong analytical and problem-solving skills, with attention to detail
• Excellent oral and written communication skills
• Ability to work effectively across different functional areas and global teams
• Commitment to continuous learning and professional development

Preferred Qualifications, Capabilities, and Skills:

• Understanding of fixed income pricing concepts and balance sheet management
• Experience in preparing management reports and presentations
• Exposure to stress-testing frameworks (e.g., Value at Risk)
• Knowledge of global financial markets and macroeconomic analysis
• Experience with regulatory compliance in IRRBB/ Treasury functions

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 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.

Experience Level

Mid Level