Cib - Payments P&a - Associate - Bengaluru, India - JPMorgan Chase Bank, N.A.

JPMorgan Chase Bank, N.A.

Verified Company

Bengaluru, India

3 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.

The current opening is within the Payments & Commerce solutions in Bengaluru, Karnataka which forms part of CIB LOB within GF&BM India.

About the Team
J.P. Morgan's Corporate & Investment Bank

CIB) is a global leader across Payments, Securities Services, Investment & Coverage Banking & Markets and Businesses. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries.

Within Payments - P&CS group oversees Planning, forecasting & reporting decisions from initial conception through to execution and ongoing implementation.

A core part of the Finance & Business Management group, the team helps bridge the gap between Product and Finance, supporting the broader modernization efforts across Payments group.

We are seeking an Associate to join the group and help drive data and analysis, as well as help define Finance strategies for the Payments business.

Which might be relevant and provide insight and decision support to the business and the leadership teams

About the Role

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:

Performing variance analysis to understand the key drivers of the results and presenting commentary to senior managers, explaining changes from prior forecasts/budgets
Lead the Expenses planning cycle, including annual budgeting, periodic forecasting and analysis of variances to the plan
Ad hoc analysis of the business and business drivers. Identify opportunities for business improvement and recommend actions across the business
Work closely with other LOB P&A teams and the Central P&A team
Drive efficiencies and process improvement to the P&A function
Ensure data integrity, accuracy and timeliness in all financial reporting
Developing and tracking performance metrics, creating presentations, and generally providing financial analysis on a variety of topics to senior management
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

MBA/CA/CFA in Finance
10+ years of work experience, preferably in Financial Services, and/or accounting / business partnering background
Experience in planning, forecasting, budgeting (P&A role)
Sound knowledge on CCAR, Stress testing, B/S
Advanced skills in Excel and PowerPoint
Proficiency with data mining/gathering and manipulation of data sets
Inquisitive, enthusiastic and diligent, and capable of challenging peers
Strong verbal and written communication skills, with the ability to articulate complex issues clearly
Ability to create ad hoc reporting for senior management
Proven track record for executing on special projects / assignments, often with little lead time or in