Funds Transfer Pricing, Vice President
JPMorganChase
New York, USA
Are you passionate about shaping financial strategy and driving impactful change? Join our Treasury team as a Vice President, where you will lead the design and implementation of transfer pricing and funding policies that support our firm’s balance sheet and resource allocation goals. This high-visibility role offers the opportunity to collaborate with senior leaders across Treasury, Finance, and Business teams, influencing key decisions and ensuring best-in-class policy frameworks. You will work in a dynamic environment, leveraging your technical expertise and leadership skills to deliver innovative solutions. You will also have the opportunity to explore how Big Data, AI, and Machine Learning can modernize and enhance traditional FTP and Treasury analytics. Be part of a team that values strategic thinking, collaboration, and continuous improvement.
As a Funds Transfer Pricing, Vice President within the Treasury team, you will oversee the development, implementation, and governance of transfer pricing and funding policies, including Funds Transfer Pricing (FTP), to support the firm’s balance sheet strategy and resource allocation. The role requires strong technical skills, a solid understanding of banking products, balance sheets, and ledger structures, and the ability to lead projects and collaborate with senior stakeholders across Treasury, Finance, and Business teams.
Job Responsibilities:
- Develop and maintain transfer pricing methodologies, including FTP and internal funding frameworks such as marginal funding curves, FTP spread methodologies across currencies, and liquidity premium attribution
- Align policies with liquidity premiums, funding spreads, entity and currency considerations, and balance sheet structure
- Update methodologies to reflect market conditions, regulatory requirements, and business strategy
- Recommend and implement policy changes to support efficient resource allocation and balance sheet management
- Oversee analysis of funding consumption, FTP allocations, and resource usage at business and legal entity levels; support scenario modeling and impact analysis including CCAR stress testing forecasts for NII, interest revenue/expense, and non-interest revenue
- Prepare reports and presentations on transfer pricing and funding policy impacts for senior management
- Ensure accurate mapping and reconciliation of FTP and funding charges within ledger and balance sheet accounts
- Lead cross-functional projects to implement new transfer pricing and funding frameworks; govern consistent application of policies and communicate changes across teams
- Collaborate with Treasury, Finance, front office, and risk teams to ensure effective policy implementation and stakeholder engagement
- Support the full model development lifecycle — development, validation, audit, implementation, and governance
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Identify opportunities to apply AI, Machine Learning, and Big Data techniques to improve FTP analytics, liquidity cost attribution, and resource allocation across markets trading and financing portfolios
Required Qualifications, Capabilities and Skills:
7+ years of experience in treasury, FTP, asset and liability management, or funding management at a financial institution
Strong understanding of banking products such as loans, deposits, derivatives, and securities, as well as balance sheets and ledger structures
Experience with transfer pricing and FTP methodologies, including liquidity and funding frameworks
Strong analytical and quantitative skills; proficiency in Excel, SQL, Python, or similar tools
Experience leading cross-functional projects and managing multiple priorities in a fast-paced environment
Strong communication and stakeholder management skills, including experience presenting to senior management and participating in governance forums such as FTP Committees
Detail-oriented, proactive, and committed to continuous improvement, with the ability to synthesize complex information and present it clearly to diverse audiences
Preferred Qualifications, Capabilities and Skills:
Advanced degree in Finance, Economics, Mathematics, Statistics, Data Science, or related field
Experience with regulatory frameworks such as Basel III/IV, LCR, NSFR, and experience supporting regulatory reviews or engaging directly with regulators (OCC, Fed) on FTP, capital allocation, or liquidity topics
Experience with FTP and liquidity cost allocation for markets trading, securities financing, and derivatives portfolios; familiarity with Initial Margin (IM), Variation Margin (VM), CCP margining processes, and Funding Valuation Adjustment (FVA) frameworks
Exposure to interest rate risk models (VaR/SVaR), Monte Carlo simulation, or ALM platforms (e.g., QRM); experience with model validation and audit processes
Familiarity with data visualization and reporting tools (e.g., Tableau, QlikSense)
Experience working in a large, matrixed financial institution
Experience with or interest in applying Machine Learning, AI, or Big Data tools (e.g., Spark, cloud data platforms) to Treasury analytics, liquidity modeling, or automation
To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).
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
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.
As a Funds Transfer Pricing (FTP), Vice President within the Treasury team, you will oversee the development, implementation, and governance of transfer pricing and funding policies, including Funds Transfer Pricing (FTP), to support the firm’s balance sheet strategy and resource allocation.