JOB DESCRIPTION
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
ABOUT THE TEAM
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 an Associate in Planning and Analysis, you will be responsible for coordinating the budgeting and forecasting process, as well as management reports and presentations.
Financial Planning & Analysis (FP&A) is primarily responsible for leading and coordinating the budgeting and forecasting process, including the short- and long-term projection of earnings and capital over varying economic scenarios. FP&A operates in close cooperation with firmwide groups in each line of business to prepare management reports and presentations for the Operating Committee and the Board of Directors.
Primary Responsibilities
- Complete ownership of CIB DPS Central P&A month-end reporting and involves extensive partnering with P&A leads and Finance & Business Managers
- Executing month end activities including tracking, incorporating movements/ changes, data aggregation, validations, mappings and enabling tools ready for reporting
- Flash Reporting - Expense and headcount reporting against plan/ outlook, variance analysis, tracking movements across functions/ individual business
- Preparing Executive Management Report (EMR) on monthly basis for DPS CFO & Management team
- Preparing detailed cost center level allocation reports & analysis cutting across all major businesses & levels incorporating dimensions of time, organization, and scenario views
- Effective engagement with stakeholders, finance managers & aligned teams for updates on expense allocation rules, methodologies, business events.
- Support on monthly forecast, mid-year outlook and annual budgeting exercise and other ad-hoc reporting/ analysis
- Support key DPS initiatives – e.g. location strategy, expense reduction program, resolution & recovery etc.
- Provide support for management reviews and value added analytics
Qualifications
- Bachelor’s degree in Accounting, Finance or a subject of a technical nature
- Between 2 and 6 years of relevant experience in the Finance and Planning field
- Strong analytical skills, effective communication abilities, proven track record of working well within teams and ability to interact with people at different levels and across countries
- Strong attention to detail in supporting management reporting with clear and concise data analysis and presentation
- Experience in Qlikview / Tableau development for management reporting would be an advantage
- Excellent Excel skills; knowledge in Macros/ MS Access/Alteryx/UIPath and financial modeling would be an advantage
- Experience working with global stakeholders will be a plus
- Effective stakeholder management skills
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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.
ABOUT THE TEAM
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.