Front Office Senior Treasurer – VP, based in Moscow recruitment

J.P. Morgan serves one of the largest client franchises in the world. Our clients include corporations, institutional investors, hedge funds, governments and affluent individuals in more than 100 countries. J.P. Morgan is part of JPMorgan Chase Co. (NYSE: JPM), a leading global financial services firm with assets of $2.1 trillion.
The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of clients and consumers under its J.P. Morgan and Chase, and WaMu brands.
J.P. Morgan Moscow is a strong franchise and one of the leading Investments Banks in Russia. JPM Global Treasury is responsible for the Funding and Liquidity risk management of the organisation worldwide. Global Treasury activity extends over multiple legal entities and 50 currencies and markets. The EMEA Treasury
framework is rapidly evolving to support the firm expansion strategy and adjust to regulatory changes.
Job DescriptionAs JPMorgan expands into Russia, our business development plans must progress in line with our ability to operate and execute for our customers. Global Treasury's function is to allow that expansion by providing liquidity and funding to the businesses and clients in location. This role provides the liquidity management, cash funding and client servicing foundation for the Global Treasury launch and to allow for the growth of JPM's commercial banking franchise from mid 2012 and beyond.
The functional aspect of the role includes 2 main components; Liquidity and Funding management of the Branch and RUB Clearing with the Central Bank. The role will involve utilising multiple products: money market, FX, repo/reverse repo, securities and derivatives - extensive knowledge in all the products is essential, particularly in regard to the activities of the local markets, and are central to supporting the needs of the local Lines of Business and to creating the foundations for the growth of the corporate business.
The role will involve close collaboration with a wide range of risk and business functions with a robust risk management ethos.
In this role, the candidate will perform all necessary functions to ensure JPMorgan obligations to the regulator are well understood, anticipated and executed upon.
This includes building a productive and collaborative relationship with the Central Bank of Russia. The Cash Funding aspect of the role reflects the important fact that this is a fully operational branch, with significant local technology and business operations groups.
Branch Operations ranges from customer on-boarding to set-up, BAU processing and product delivery.
The Trader will be responsible for cash funding the branch's market positions, balance sheet and client needs across a range of currencies.
Beyond the requirements to fund the entity, the role requires management of the RUB clearing account and the intraday management process that entails - this is a key offering to grow the franchise of the Branch. A good understanding of the local market, RTGS, the 5 shift batch process, the variable market RUB cut offs, occasional weekend working patterns and other specific market practices is essential.
Essential Functions Responsibilities

Management of branch funding requirements - local and foreign currencies.
Manage branch collateral requirements
Management of RUB clearing obligations including collateral pledging and intraday funding management
Transfer Pricing policy ownership and rate setting, in line with Global Policies
Risk Management of branch banking book
Supporting all LOB's in the local branch from a FO perspective
Support multi Line of Business expansion
Face of the franchise to the market including pricing
Deal initiation, input, amendment cancellation
Management, monitoring and reporting of business risk
Profit loss estimate management reporting, in coordination with MO
Comply with company policies procedures when supporting business activities
Ensuring compliance and management of front office obligations related to local regulatory requirements
Daily contact with London Head of Trading on local market/funding conditions and any escalation points

Qualifications
5 years of Money Market, FX Trading and other products in the Russian MarketsFluent in Russian and English, both spoken and writtenStrong knowledge of the region's market behaviour.Detailed knowledge of JPM Treasury Front office operating model and operating processesGood Liquidity Risk management experienceStrong credit risk awareness, understanding and communicating credit asksPeople management experience, especially cross-cultural experience and talent management developmentStrong and clear communication skills, ability to think through and follow policiesKnowledge of Reuters/Bloomberg market data, and Reuters dealing system.