Chase is a leader in the financial services industry, providing banking, mortgages, credit cards, loans, payment processing and investment services to 50 million customers - 1 out of every 6 Americans. As a division of JPMorgan Chase & Co. (NYSE:JPM), we:
• serve 21 million households with consumer banking relationships
• lent $17 billion to small businesses in 2011
• are one of the nation's largest credit card issuers, with more than 64 million credit cards in circulation
• service 8 million mortgage and home equity loans
While we operate across a broad range of businesses, our mission at Chase is quite simple: to be the industry leader in customer service. Our employees put the firm's resources to work every day for our customers.
Chase offers a dynamic environment and the training and support to meet your full potential. Our company is widely recognized as a great place to work, to grow and to invest for the future. Join our team.
Financial Associate: CCB Operations Finance
The successful candidate will be a member of a team that is responsible for financial and analytical support for Operations Functions within Consumer and Community Banking (CCB). The team serves as a planning and analytical resource to help executives manage, forecast, plan and gain insight into the financial profitability of the business. Group responsibilities include managing the monthly and quarterly forecast process, coordinating financial reporting, managing the annual budget/mid-year forecast process, conducting financial and strategic analytic projects and providing insight and decision support to CCB Operations CCB Finance. The role will use Excel and PowerPoint in conjunction with JPMorgan's financial tools to create meaningful reports and analysis.
Role & Responsibilities
The associate works closely with business managers to enhance and identify risks and opportunities along with creating budgets and forecasting for both direct and indirect expenses in the CCB Operations organization.
The senior associate will also review, analyze and make recommendations regarding incoming and outgoing expenses. In addition, you will develop management reports and track actual expenses vs. budget or forecasts with appropriate variance explanations. Core activities associated with the position include the following:
· Manage total recoverable expense base
· Develop the annual budget and monthly forecasts
· Prepare expense tracking for key initiatives
· Support (design/modify/review) the reporting around EMR’s, Performance dashboards, expenses, and headcount as per business requirements
Consolidate, monitor, and present month-end close results
Consolidate reporting & analysis of operating expenses by functional departments and business segments
Effectively analyze and report variances of actual results to budget and forecast
Preparation of insightful, high quality Senior Management presentations
Support ad hoc requests from the Business, Senior Management, and CCB P&A.
Contribute to driving expense reduction initiatives across CCB
Support continuous improvement initiatives
Maintain & Coordinate calendar of deliverables
Bachelor's degree required
· Minimum of 4-6 years of financial/accounting management experience
· Experience in Retail Financial Service/ banking industry preferred
· Strong team player
Excellent communication and partnering skills
Strong analytical skills and attention to detail
Ability to multi-task and work autonomously within team environment
Ability to research issues/problems and provide a 'solution-based' approach
Adaptable to change and ambiguity in the work environment
Strong knowledge of Excel and PowerPoint (i.e. use of pivot tables, macros, arrays, etc)
Knowledge of Essbase would be an added advantage
Ability to interrogate and interpret financial data and prepare financial reports
Please note that J.P. Morgan will not accept unsolicited approaches or speculative CVs, nor will J.P. Morgan be responsible for any related fees, from Third Party Firms who are not preferred suppliers.
The firm invites all interested and qualified candidates to apply for employment opportunities.
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