CIB F&BM - Operations Finance - Alternatives - Associate - NY
JPMorgan Chase - New York, NY

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Job Description

J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

Reporting into the Business Unit CFO for Alternatives, this role supports Alternatives Operations, a global 1000+ headcount organization that provides hedge fund and private equity operations support. This position will require regular interaction with senior management across CIB Operations and F&BM.

Key responsibilities include:
Provide timely and accurate financial reporting and monthly business reviews that provide clear, impactful explanations of operating results and variances based on relevant business drivers, and help ensure expense goals are achieved

Support management in preparing workforce analytics such as capacity modeling, functional taxonomies, and activity analysis tied to key operational metrics.

Develop and maintain relationships with key stakeholders

Manage annual budget and periodic (monthly) forecasting processes

Manage the month-end close process and provide variance commentary

Prepare financial (variance) analysis and walk forwards (expense and headcount) by key business drivers

Detailed Headcount tracking of actual productivity saves versus plan/target

Deliver executive-level monthly business reviews

Coordinate expense accruals with Controllers

Manage product allocation rules, reporting hierarchy, and examine incoming allocations

Implementing controls and best practices to ensure efficient, timely and accurate financial reporting

Reviewing expenses and identify potential reductions in the cost base to streamline business processes and improve profitability

Part of a high performance team, adding value to the greater team


5+ years of experience in financial management (planning, forecasting, budgeting and strong understanding of both finance and accounting practices)

Excellent quantitative, analytical problem solving and financial / data / business modeling skills

Ability to clearly communicate complex concepts to a non-financial audience, strong documentation and reporting skills

Strong presence, comfortable interacting with and presenting to all levels of management

Superior attention to details and process skills; sense of urgency

Able to collaborate across lines of businesses and work with central/corporate organizations

Capable of balancing multiple assignments simultaneously

Sound judgment, professional maturity and personal integrity, strong work ethic, proactive and results-oriented outlook, possess courage to ask tough questions and challenge the status quo

Proficiency in Essbase and Microsoft Office applications and working knowledge of systems used by CIB Finance (SAP, CMR, GLW, GDW, Extrasheet, etc)

BA/BS in Finance or Accounting

JPMorgan Chase & Co

. offers an exceptional benefits program and a highly competitive compensation package.

JPMorgan Chase & Co

. is an Equal Opportunity and Affirmative Action Employer, M/F/D/V



Primary Location

US-NY-New York-1 CMP / 03425


Treasury & Securities Services



Job Type



Day Job

Employee Status


JPMorgan Chase - 5 months ago - save job - block
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