Financial Analysis - Bengaluru, India - JPMorgan Chase Bank, N.A.

JPMorgan Chase Bank, N.A.

Verified Company

Bengaluru, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Global Finance & Business Management ("GF&BM") India is a combined LOB-aligned (Line of Business-aligned) finance & business support team located in India and is part of JPMorgan's global capability center (GCC). We are part of the Office of the CFO (OCFO) organization within JPMorgan, which has people across the globe, majority of whom are tasked with managing the firm's Finance function, responsible for reporting quarterly earnings and complying with regulatory requirements along with managing the firm's capital.

GF&BM India was established in September 2002 and currently we have a network of more than 3400+ professionals based out of our Mumbai, Bengaluru and Hyderabad offices who support four main "pillars" of work - Controllers, Planning & Analysis, Finance Operations and Business Client & Products.

The teams in India are aligned to the respective LOBs that they support which include Corporate and Investment Banking (CIB), Commercial Banking (CB), Consumer and Community Banking (CCB), Asset & Wealth Management (AWM) and Corporate/Firmwide functions.

We have a strong culture that embodies the principles that guide us in how we do business across the firm.

We strive to create a workplace that values and respects individual viewpoints, while at the same time challenging the status quo to make continuous improvements in our processes.

JPMorgan is an equal opportunity employer and places high value on diversity and inclusion. We recognize that our people are our strength and diversity of thought and practices makes us more successful.

As an Associate in Planning and Analysis, you will be responsible for coordinating the budgeting and forecasting process, as well as management reports and presentations.

Financial Analysis is responsible for partnering across the firm to provide financial and strategic analysis, oversight, and coordination of budgeting and forecasting.

Our Financial Planning and Analysis (FP&A) teams are responsible for a wide range of activities including financial control, forecasting and budgeting, analysis of financial/business metrics, delivery of weekly/monthly/quarterly management reporting, development of new reporting capabilities (e.g.

dashboards), and advising the line of business CFOs on how to increase profitability and efficiencies.

In a Financial Analysis role, you would be responsible for:

Driving annual/continual financial planning activities for Technology / Operation functions, providing business rationale and decisions for all month-end financial performance and forecasting, conducting reviews and analysis on product financial performance, budgeting, billing, trends, and exception reports
Detailed review on allocated expenses received by business from other supporting functions and challenging charges not appropriately allocated based on usage or other metrics
Efficiency reporting, analytics and strategy including, but not limited to location strategy, span of control, reporting and analytics
Creating financial business cases supporting business initiatives
Developing and tracking performance metrics, creating presentations, and providing financial analysis on a variety of topics to senior management
Reporting on and monitoring key metrics, driving data quality initiatives across the product area, and helping define future needs of the business area
Performing variance analysis to understand the key drivers of the results and presenting commentary to senior managers, explaining changes from prior forecasts/budgets
Detailed understanding of billing keys and services and associated expense allocations provided by business to products, preparing multiyear review decks on charges and handling adhoc from functions receiving the charges
Helping design new reports and dashboards to efficiently deliver the financial results to senior management
Enhancing controls and streamlining processes, introducing automation where possible

Qualifications:

CA / MBA with 46 years of work experience, preferably in Financial Services, and/or accounting background
Strong leadership skills to independently drive initiatives and agreed outcomes
Strong analytical and problem solving skills with ability to analyze large data sets and present conclusions concisely
Proficiency with data mining/gathering and manipulation of data sets, preferably with knowledge in Alteryx
Proficiency in Excel and PowerPoint
Proven track record for executing on special projects / assignments with often little lead time or information
Strong verbal and written communication skills with the ability to articulate complex issues clearly
Inquisitive, enthusiastic and diligent, and capable of challenging peers
Highly motivated selfstarter with excellent time management/prioritization skills
Highly motivated and able to thrive and think clearly under pressure and tight deadlines
Ability to create ad hoc reporting for senior management
Team player with the