Global Private Bank P&A - Flows and Balance Associate
JPMorganChase
Ohio, USA · Plano, TX, USA
The Global Private Bank is part of the Asset & Wealth Management (AWM) line of business, along with Asset Management, a leading investment manager of choice for institutions, financial intermediaries and individual investors worldwide. With client assets of $7.1 trillion and assets under management of $4.8 trillion, we are one of the largest asset and wealth managers in the world.
As an Associate on the Global Private Bank (GPB) Balance and Flows team, you will be responsible for the reporting of the flows and balances for GPB. To do this, you will be working with various MIS reporting tools, and partnering closely with product finance and MIS teams. Our monthly reporting includes preparing a BD1 outlook at the start of the month and finalizing actuals on BD9, where you will be finalizing our flow and balance numbers; you will be responsible for the accurate reporting in our Weekly and Monthly Dashboards. Further more, additional time will be split on projects impacting our MIS system/platform, organization hierarchy changes, and you will ensure oversight and integrity across MIS reporting for flows and balances (daily/weekly/monthly).
Job responsibilities
- Collaborate with Product CFO’s, Product Control, Regional finance teams, and the MIS team to oversee the month-end close of the reporting systems for assets, and flows.
- Understand any disconnects in actuals versus the BD1 estimate for Flows and Balances.
- Coordinate changes to the GPB organization and custom hierarchies by conducting monthly reviews with technology, ensuring the request comply with the appropriate MIS requirements, submitting the request for approval, and communicating the changes with various stakeholders.
- Assist the MIS Controller with MIS and reporting changes by gathering business requirements and coordinating with various arms of Finance and MIS to design, test, and implement.
- Act as a point of reference for numerous groups concerning flows and balance reporting matters. This includes addressing issues/questions around reporting capabilities, new projects and MIS procedures.
- Understand the various flow and balance reporting views for GPB. Document any changes in our reporting and ensure we have the appropriate controls to prevent any data quality issues.
Required qualifications, capabilities, and skills
- 3+ years financial analysis experience in the financial services industry
- Bachelors degree in Finance or related discipline
- Project management experience
- Desire to learn the technical aspects of flows and balance reporting
- Strong financial and analytical skills, as well as creative problem solving skills
- Ability to identify, trouble shoot and investigate reporting anomalies
- Exhibits the ability to consistently execute responsibilities independently
- Identify priority items and manage multiple deliverables effectively.
- Advanced Microsoft Excel skills - the minimum proven skill set should include vlookups, pivot tables, conditional formatting, and if-statements.
- Strong Microsoft Access skills
Preferred qualifications, capabilities, and skills
- Experience with VBA/macros and Essbase is a plus.
To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).
Final Job Grade level and corporate title will be determined at time of offer and may differ from this posting. This role does not provide relocation assistance, so all candidates must be local to the work locations listed in the job posting or willing to relocate on their own immediately upon hiring. Candidates must be able to work in our offices full-time (5 days). The specific details and timing will be determined and communicated by direct 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
Join us to help our team oversee more than $3.1 trillion in client assets globally.