Corporate Allocations  - Vice President

Job Description

Corporate Allocations Financial Planning & Analysis (FP&A) is primarily responsible for leading and coordinating the budgeting and forecasting process for expense allocations. FP&A operates in close cooperation with firmwide groups in each line of business to prepare management reports and presentations for the Operating Committee and the Finance and Business Management community.

As a Vice President in the Corporate Allocations team, you will be responsible for developing analytical capabilities, supporting ad-hoc initiatives, building senior management presentations, and automating overall process activities. Responsibilities will also include monthly, quarterly, and ad-hoc reporting and analysis in collaboration with Corporate Sector Finance/CFO teams. You will also drive value-added change by simplifying processes, driving automation, and enhancing analytical support to the lines of businesses.  The support will be tailored to senior leaders throughout the firm; therefore, this person must be comfortable working in a fast-paced environment with evolving priorities. Effective communication and strong collaboration with and beyond the team are also desirable. 

Job Responsibilities

• Prepare, consolidate, review and analyze a number of key financial activities related to expense allocations including, but not limited to: budget and mid-year forecast, financial updates for the Board, Operating Committee and Regulators, quarterly earnings, and analyzing business drivers
• Execute the above processes with an emphasis on accuracy and timeliness of meeting deliverables on prescribed timetables / calendars
• Analyze line of business (LOB) business models, earnings sensitivities, and strategic initiatives to enable better understanding of individual LOB financial results
• Lead additional one-off and repeatable analyses as required by senior management
• Communicate and coordinate effectively with the LOBs and corporate functions areas (e.g. External Reporting, Investor Relations, CFA)
• Support ad hoc projects as necessary

Required qualifications, capabilities, and skills 

• Bachelor's Degree in Accounting, Finance, Economics, or related field
• 7+ years professional experience in handling large amount of data, analyzing P&L drivers
• Previous experience in a finance / planning role in banking or financial services required
• Exceptional analytical, problem solving, and critical thinking skills with a proven track record of execution against deliverables
• Advanced Microsoft Office skills (Excel & PowerPoint in particular)
• Experience with data and financial reporting tools such as Databricks, Tableau, and Essbase
• Experience in the consolidation, review, analysis and presentation of Financials
• Excellent oral and written communication and relationship management skills
• Detail-oriented and able to multi-task in a fast paced environment with frequently changing priorities and to meet deadlines under pressure
• Self-starter who is driven to excel in all aspects of their role and seeks to break the status-quo and initiate improvements where necessary

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the Team

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.

Global Finance & Business Management works 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, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.