Finance Integration Office: Expense Allocations - Associate

Job Description
You are a strategic thinker passionate about driving solutions in Expense Allocations . You have found the right team.
As an Expense Allocations Associate in our Finance team, you will spend each day defining, refining and delivering set goals for our firm. You will support the team responsible for integrating the heritage Corporate and Investment Bank and the heritage Commercial Bank expense allocation methodologies and processes. This integration aims to ensure seamless reporting of product and client segment P&Ls for the newly created Commercial & Investment Bank (CIB). You will report to the head of Expense Allocations within the Finance Integration Office and partner closely with the CIB Product and Operations CFO teams, as well as the Wholesale Client Profitability team, to implement consistent expense allocations.
Job responsibilities:

• Assist in conducting a full assessment of expense allocation rules used in Wholesale Client Profitability (WCP) and create an action plan to harmonize allocation rules for near-term benefit.
• Join various expense sub-work streams aimed at transforming heritage CB expense allocations to align with product reporting.
• Assist in analyzing the fixed/variable expense allocation framework for client-level reporting of ROE/SVA.
• Develop transparent expense allocation reporting to anticipate key themes and work closely with CIB CFOs to understand impacts on product and client.
• Partner and collaborate effectively with sub-work stream leads and stakeholders

Required qualifications, capabilities, and skills:

• Independently execute on priorities, identify roadblocks and solutions
• Outstanding analytical and presentation skills (verbal and written)
• Business acumen: understands key drivers and dynamics related to growth and an organization's goals, with the ability to translate into product strategy and vision
• Excellent communication and interpersonal skills, with the ability to collaborate with stakeholders at all levels

Preferred qualifications, capabilities, and skills

• Bachelor's Degree in Accounting, Finance, Engineering or related major fields, CA/MBA (Finance) an advantage
• 8+ years of professional experience, preferably in a similar role in the financial services industry e.g. Planning and Analysis, Corporate Finance, Controller

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 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.
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.