APAC Assets & Liabilities Management Risk – Associate

Help shape how a major financial institution stays resilient through normal and stressed markets. You will influence funding and balance sheet decisions across a diverse APAC footprint, partnering closely with treasury, risk partners, and senior leaders. This role gives you visibility into firmwide liquidity and structural interest rate risk, plus the chance to deepen your expertise in regulatory and internal stress frameworks. If you enjoy turning complex balance sheet dynamics into clear risk insights and actions, you will thrive here. You will grow through exposure to cross-entity decision making and meaningful engagement with external regulators.

As an APAC Assets & Liabilities Management Associate within Chief Investment Office, Treasury and Corporate Risk, you oversee liquidity risk and structural interest rate risk management for a set of Asia Pacific (APAC) legal entities. You monitor and report key risk metrics, challenge assumptions, and help set policies and limits that support safe, resilient funding strategies. You partner with treasury, other independent risk teams, and senior management to assess balance sheet and market impacts in both business-as-usual and stressed conditions. You contribute to governance and regulatory engagement by providing clear analysis, documentation, and independent review.

Job responsibilities

• Identify, assess and monitor liquidity risks related to JPM APAC entities’ business activities including banking (deposits, loans, commitments, etc.) and non-banking balance sheet (unsecured funding, secured funding, lending, prime brokerage, derivatives, etc.)

• Analyze sources and uses of liquidity on a firm wide and legal entity level, including understanding firm’s businesses and products

• Oversee the monitoring and evaluation liquidity risk and interest rate risk limits

• Contribute to the definition of risk policies, procedures and overall governance, in order to efficiently manage the risks, both in business-as-usual and in stressed conditions

• Provide independent review of regulatory and internal stress scenarios, including analytical review of key market and behavioral assumptions and management of ad hoc analysis; support the development and execution of stress and back-testing processes

• Participate in assessment of structural interest rate risk arising from asset-liability mismatch through investment securities and interest rate derivatives

• Evaluate the impact of market events and trends on projected balance sheet and income statement outcomes

• Lead deep-dive analyses by legal entity, line of business, product, or market move to identify emerging risks and recommend mitigations

• Partner with cross-functional stakeholders and engage with regulators through clear, timely analysis and documentation

Required qualifications, capabilities, and skills

• Bachelor’s degree in Finance, Economics, or a related discipline

• 5 years of experience in banking across treasury, liquidity risk, interest rate risk, market risk, fixed income trading, or closely related areas

• Understanding of regulations, governances and practices in interest rate risk in the banking book

• Understanding of the governance and controls surrounding risk monitoring including, EaR, EVS, stress testing, various return measures and experience with stress construction

• Strong quantitative and analytical skills, including the ability to challenge assumptions and validate results

• Strong written and verbal communication skills, including comfort working with senior stakeholders

• Ability to manage multiple priorities and deliver high-quality work under time constraints

• High attention to detail and a strong risk and control mindset

• Fluency in Mandarin to support China-related stakeholder and document engagement

Preferred qualifications, capabilities, and skills

• Understanding of balance sheet analysis and Fund Transfer Pricing (FTP) analysis especially for Banks for traditional banking and complex non-banking products

• Understanding of Liquidity norms and requirements under Basel III requirements

• Experience in Liquidity Risk management with a wide range of experience with quantitative, financial and risk management techniques & systems