JP. Morgan Asset & Wealth Management Finance and Business Management (“AWM F&BM”) is seeking a Financial Associate based in Plano, Texas. This position will report directly to the Global Private Bank (GPB) Deposit & Mortgage CFO. This role will be part of the Banking CFO Team covering Deposit & Mortgage products for the Global Private Bank from a finance perspective. The position includes financial analytics around the profitability of these products, forecasting, and analytics to support business decisions.

As a Banking Finance Associate within the Deposit & Mortgage CFO team, you will influence outcomes for the business and challenge performance. You will be an integral part of our efforts to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis, and recommendations to improve results and drive decisions, you will ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.

Job responsibilities:

Serve as a strategic partner to the business by providing analytics and guidance which drives business development and aids in the execution of key business initiativesUnderstand and evaluate the financial impact: changes in the yield curve, Fed balance sheet actions, flows, product mix, and impactsTake active role in the forecasting process, its improvement/automation, and in articulating the drivers of revenue and balance changes Support the Deposit & Mortgage CFO on deposit stress testing and related analytics which impacts the firm’s capital adequacy assessment and its capital plan Continuously improve the way we do business through review of current practices/processes, identifying deficiencies and/or weaknesses, and delivering solutions to enhance the current control framework of the business, particularly through innovation employing automation technologyExecute on ad-hoc requests from various stakeholders and senior management (e.g., various business senior leaders, both AWM and Corporate Finance & Treasury organizations, etc.)

Required qualifications, capabilities, and skills: 

Ability to take ownership and work independently Analytical ability with capacity to tell the story and see the big pictureInteract and communicate clearly and confidently with all levels of management, including senior management within the Global Private Bank & AWMAbility to articulate ideas in a clear, concise, and structured mannerDetail oriented, strategic thinker with skills in analysis, data synthetization, and acute decision makingHighly organized and structured; ability to prioritize and time manage is crucialSense of urgency: being more proactive than reactive, and ability to complete tasks/ requests in timely matter are keyUtilize judgment and discretion in working with highly confidential informationBachelor’s degree3+ years relevant experience '

Preferred qualifications, capabilities, and skills: 

Experience in Deposits, Mortgages, Financial Analysis, or TreasuryUnderstanding of deposit pricing, liquidity management, and IRRBB (interest rate risk in the banking book) is a plusProficiency in SQL and/or Python is a plusProficiency in LLMs AI tools (Alteryx, Thoughtspot, DataBricks) is a plus