Location: Plano, TX, United States

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 initiatives
• Understand and evaluate the financial impact: changes in the yield curve, Fed balance sheet actions, flows, product mix, and impacts
• Take 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 technology
• Execute 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 picture
• Interact and communicate clearly and confidently with all levels of management, including senior management within the Global Private Bank & AWM
• Ability to articulate ideas in a clear, concise, and structured manner
• Detail oriented, strategic thinker with skills in analysis, data synthetization, and acute decision making
• Highly organized and structured; ability to prioritize and time manage is crucial
• Sense of urgency: being more proactive than reactive, and ability to complete tasks/ requests in timely matter are key
• Utilize judgment and discretion in working with highly confidential information
• Bachelor’s degree
• 3+ years relevant experience '

Preferred qualifications, capabilities, and skills: 

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

Support the Deposit CFO and the Global Deposit business by providing financial analytics to support business decisions.