Support the development and execution of client profitability methodologies and strategies, directly influencing our growth and client relationships, while thriving in a dynamic environment with ample opportunities for career development and advancement. Join a team that values collaboration, innovation, and continuous improvement, where your ideas are heard and valued. The Financial Planning & Analysis (FP&A) team is at the forefront of our financial strategy, supporting the budgeting, forecasting, and financial analysis processes, including projecting earnings and capital over both short- and long-term horizons and adapting to varying economic scenarios. Payments is a global leader in providing cash management, liquidity, escrow, and commercial card solutions, empowering clients worldwide to manage their cash and working capital, facilitate payments, and enhance operational efficiency. With over 135,000 corporations, financial institutions, governments, and municipalities entrusting their business to J.P. Morgan, we are committed to delivering exceptional service and innovative solutions.
Want more jobs like this?
Get jobs in New York, NY delivered to your inbox every week.
As an Associate in Client Profitability Planning and Analysis, you will be a key contributor passionate about driving solutions in Financial Planning & Analysis. You will collaborate with cross-functional teams, including Sales, Finance, and Business Management, to support the development and implementation of client profitability models that align with our business objectives. Your insights will be pivotal in shaping our pricing decisions and impacting client relationships. Positioned at the intersection of Product and Client segments, you will contribute to shaping the overall Payments Strategy.
Job responsibilities:
- Assist in designing and implementing a fair and transparent profitability framework for Payments clients in collaboration with stakeholders
- Conduct monthly reconciliations of client profitability results, perform variance analysis, and prepare financial reporting deliverables
- Stay informed about industry trends and best practices, applying this knowledge to enhance our framework
- Participate in one-off and repeatable analyses as required by senior management and support various projects related to client profitability
- Conduct \"deep dive\" analyses on key issues impacting client profitability to determine root cause and propose solutions
- Serve as a liaison between FP&A, lines of business, and other support teams to ensure timely, accurate, and effective delivery of initiatives
- Able to summarize potentially complex problems and questions into key arguments to facilitate discussion and demystify processes/approaches for wider audiences
Required qualifications, capabilities and skills
- Bachelor's Degree in Accounting, Finance, Economics, or related field
- 3+ years of relevant FP&A experience
- Strong technical and analytical skills, including Excel and PowerPoint
- Working understanding of revenue and expenses. Familiarity with allocation rules and principles e.g. fixed/variable determination
- Strong quantitative, analytical, and problem-solving skills with a proven track record of execution against deliverables
- Excellent oral and written communication and relationship management skills. Ability to present complex matters to senior management and stakeholders
- Strong team-building and communication skills. Detail-oriented and able to multi-task in a fast-paced environment with frequently changing priorities and to meet deadlines under pressure
- Self-starter who is driven to excel in all aspects of their role and seeks to break the status-quo and initiate improvements where necessary
Preferred qualifications, capabilities and skills
- Financial services experience
- Familiarity with tools like Cognos, Alteryx, and Tableau
- Knowledge on capital allocations
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.