Cib Fp&a Associate

Year    Mumbai, Maharashtra, India

Job Description


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About the Employer

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.4 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world\'s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at .

Global Finance & Business Management (\xe2\x80\x9cGF&BM\xe2\x80\x9d) India is a combined LOB-aligned (Line of Business-aligned) finance & business support team located in India and is part of JPMorgan\'s global capability center (GCC). We are part of the Office of the CFO (OCFO) organization within JPMorgan, which has 13000+ people across the globe, majority of whom are tasked with managing the firm\'s Finance function, responsible for reporting quarterly earnings and complying with regulatory requirements along with managing the firm\'s capital.

GF&BM India was established in September 2002 and currently we have a network of more than 3400+ professionals based out of our Mumbai, Bengaluru and Hyderabad offices who support four main \xe2\x80\x9cpillars\xe2\x80\x9d of work - Controllers, Planning & Analysis, Finance Operations and Business Client & Products. The teams in India are aligned to the respective LOBs that they support which include Corporate and Investment Banking (CIB), Commercial Banking (CB), Consumer and Community Banking (CCB), Asset & Wealth Management (AWM) and Corporate/Firmwide functions.

We have a strong culture that embodies the principles that guide us in how we do business across the firm. We strive to create a workplace that values and respects individual viewpoints, while at the same time challenging the status quo to make continuous improvements in our processes.

JPMorgan is an equal opportunity employer and places high value on diversity and inclusion. We recognize that our people are our strength and diversity of thought and practices makes us more successful.

The current opening is within the D&PS P&A in Mumbai which forms part of the CIB LOB within GF&BM India.

About the Team

J.P. Morgan\'s Corporate & Investment Bank is a global leader across banking, markets and securities services. The world\'s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $24.4 trillion of assets under custody, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

The CIB DPS (Digital & Platform Services) team provides oversight and support for JPMC\'s Corporate & Investment Banking DPS Group, a $6B organization that partners with all business lines in the CIB and firm-wide to support the Tech & Ops and Operation groups.

About the Role

Primary Responsibilities:

  • Ownership of month end closing for CIB Tech & Ops P&A activities.
  • Expense and headcount reporting against plan/ outlook, variance analysis, tracking movements across functions/ individual business.
  • Manage Capitalization and Amortization process entirely for DPS organization
  • Support in preparing Executive Management Report (EMR)/ Financials Decks on monthly basis & during Budget cycles for CIB Tech & Ops and Senior Management teams.
  • Effective engagement with CIB Tech & Ops F&BMs & Central teams for understanding business drivers & Indirect Allocations
  • Support on monthly forecast, mid-year outlook and annual budgeting exercise and other ad-hoc reporting/ analysis
  • Supporting in tracking and managing key DPS initiatives e.g. location strategy, expense reduction program, Productivity etc
  • Provide support for management reviews and value added analytics
Desired Candidate Profile:

Qualifications

Chartered Accountant / MBA in finance with at least 8-10 years of working experience in financial planning, forecasting and variance/ trend analysis will be preferred

Competencies / skills required
  • Experience in Banking / financial services industry and working with global stake-holders
  • Strong excel and MS office skills
  • Good knowledge of financial systems like Paragon, Cognos etc.
  • Ability to work independently & also provide oversight & direction to team/colleagues
  • 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 for management reporting would be an added advantage
  • Excellent Excel skills; knowledge in Macros and financial modeling would be an advantage
Shift Timing: It will be UK shift (1/2 PM to 10/11 PM IST)

About Us:

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.

About the Team:

The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world\'s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

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.

JPMorgan Chase

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Job Detail

  • Job Id
    JD3012674
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year