Commercial & Investment Bank Central P&A - Associate Job at JPMorgan Chase & Co., Brooklyn, NY

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  • JPMorgan Chase & Co.
  • Brooklyn, NY

Job Description

Job Description

The Corporate & Investment Bank (CIB) Central Planning & Analysis (P&A) Team manages the CIB annual budget process as well as the CIB forecast (monthly/weekly) process working globally with the CIB Lines of businesses.  The team is responsible for producing p/l reports and analysis that are informative, accurate, reliable and timely.  Key stakeholders include CIB CFO, CIB P&A Head, Corporate P&A, CIB Line of Business P&A and CIB Product Controllers

 

The team manages the periodic (monthly/weekly) updates of the CIB P&L forecast, providing updates to CIB Management and Corporate P&A as well as managing the system submission to Corporate P&A.  The team is involved in the monthly, quarterly and year end close process providing details on variances to forecast and period on period variances.  The team works very closely with the CIB Central Technology team and P&A partners across the Finance organization.  The team manages the CIB annual budgeting process as well as ad-hoc analysis related to all things CIB including quarterly business reviews, Operating Committee reviews, etc.

 

Associate Responsibilities:

The CIB Central P&A Associate role provides a unique opportunity to interact with multiple lines of business and corporate groups.  It is an opportunity to learn about the core CIB businesses in a fast-paced environment.  The individual will join the team and be part of the group managing the timely delivery of management reporting to senior business stakeholders and Corporate P&A including variance analysis and all ad hoc requests.  The individual will partner with other members of the CIB Central P&A Team on the monthly/weekly CIB forecast ensuring all aspects of the P&L are understood and can be explained. 

 

Job Responsibilities:

  • Serve as one of the points of contact for the CIB Line of Business P&A teams related to budget/forecast updates
  • Liaise with Corporate P&A ensuring all budget deliverables are adhered to.
  • Ensure timely and accurate information delivery.
  • Conduct ad-hoc MIS reporting and analysis, in conjunction with other members of the CIB Central P&A team.
  • Work with CIB Central technology teams on testing various new functionalities.

Qualification:

  • Undergraduate degree in Finance, Accounting, Economics or related field
  • Minimum of 1-5 years Financial Service industry experience 
  • Excellent communication skills and ability to develop relationship with other teams.
  • Ability to multi-task multiple requirements under considerable time pressure
  • Maintain a high degree of accuracy and quality of work
  • Strong analytical and problem solving skills
  • Ability to work with teams across different locations
  • Strong attention to detail
  • Proficient in Microsoft Excel and Powerpoint

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’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.

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