The role involves ownership of financials and reporting for the Deposit business, evaluating product economics, and improving business practices.
Job Description
J.P. Morgan Asset & Wealth Management offers top-tier investment management and private banking solutions, managing $4 trillion in client assets. Asset Management provides comprehensive strategies across asset classes, while Wealth Management aids team members, families, and foundations in achieving financial goals. The Credit and Deposit CFO Team oversees financial analytics for Wholesale Lending, Mortgage, and Deposit products, ensuring accurate financial reporting. The Product Control team ensures the integrity of financial results, collaborating with business partners and the CFO to resolve discrepancies and maintain accurate investor reporting.
As a Financial Analysis Associate within the Credit and Deposit (Banking) CFO Team, you will take ownership of monthly financials and management reporting for the Global Private Bank's Deposit business. You will evaluate the financial impact of product economics, provide insights to CFOs, and continuously improve business practices through innovation and automation. You will work closely with the front office to ensure transparency and address control issues to enhance efficiency.
Job responsibilities:
Required qualifications, capabilities, and skills:
Preferred qualifications, capabilities, and skills:
JPMorgan Chase & Co., 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the \"WELL Health-Safety Rating\" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.
As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.
Equal Opportunity Employer/Disability/Veterans
About 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 Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.
J.P. Morgan Asset & Wealth Management offers top-tier investment management and private banking solutions, managing $4 trillion in client assets. Asset Management provides comprehensive strategies across asset classes, while Wealth Management aids team members, families, and foundations in achieving financial goals. The Credit and Deposit CFO Team oversees financial analytics for Wholesale Lending, Mortgage, and Deposit products, ensuring accurate financial reporting. The Product Control team ensures the integrity of financial results, collaborating with business partners and the CFO to resolve discrepancies and maintain accurate investor reporting.
As a Financial Analysis Associate within the Credit and Deposit (Banking) CFO Team, you will take ownership of monthly financials and management reporting for the Global Private Bank's Deposit business. You will evaluate the financial impact of product economics, provide insights to CFOs, and continuously improve business practices through innovation and automation. You will work closely with the front office to ensure transparency and address control issues to enhance efficiency.
Job responsibilities:
- Take ownership of monthly financials and management reporting of the Global Private Bank's ~250B Deposit business; including oversight of all financial reporting for deposits, monitoring activity throughout the month end close and providing management with regular updates on monthly performance and results
- Understand and evaluate the financial impact from the drivers of the Credit & Banking product economics including changes in the yield curve, Fed balance sheet actions, flows, product mix, pricing impacts, etc.
- Provide analytical insight into the business drivers that contribute to the financial results directly the CFOs of the respective businesses
- Improve the way we do business through review of current practices/processes, identifying deficiencies and/or weaknesses, and delivering solutions to enhance the current control framework of the business, particularly through innovation employing automation technology
- Execute on ad-hoc requests and proactively gather the needed information accurately and efficiently
- Work with front office to provide transparency and key drivers that contribute to their financial results
- Challenge existing control operating model and identification of control issues/risks resulting in increased efficiency and implementation of effective control processes.
Required qualifications, capabilities, and skills:
- Bachelor's degree in Business, Accounting, Finance or related degree
- 2+ years of experience
- Highly motivated and a fast learner - self-starter with strong initiative
- Pro-actively takes ownership of issues and executes through completion
- Analytical, detail-oriented and able to multi-task
- Able to work independently as well as in a team across global locations and multiple time zones
- Excellent communication skills
- Strong Excel skills required, other technical skills
Preferred qualifications, capabilities, and skills:
- Knowledge of JPMC financial systems a plus
- Experience with SQL, Tableau, Alteryx, etc. a plus
- Preferred experience in the Financial Services industry or Controller / Accounting field
JPMorgan Chase & Co., 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the \"WELL Health-Safety Rating\" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.
As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.
Equal Opportunity Employer/Disability/Veterans
About 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 Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.
Top Skills
Alteryx
Excel
SQL
Tableau
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