J.P. Morgan

CIB Equities - Financial Resource Analysis & Control – Senior Associate

J.P. Morgan
London, UK
Highly competitive compensation package
27 Jun 2022
14 Jul 2022
Approved employers
Approved employer
Contract type
Full time
Experience level
Qualified accountant

Job Description

The JPMorgan Global Equities Business is a global leader in providing a wide range of equities solutions for our clients.  This incorporates many products, including equity derivatives, options, hedge fund products, Variable Funding Notes, Exchange Traded Funds, structured liabilities, cash equity products, clearance and settlement of securities, margin financing and securities lending.  In addition, the business also offers flexible financing to clients in either physical form or through synthetic products and with its ability to borrow and lend securities (stock loan) or allow clients to create short exposure.  A further role of the financing business is to provide the businesses with both short term and long term secured funding.

The Financial Resource Analysis & Control function sits within Finance and Business Management (F&BM), itself a part of the Corporate Investment Bank (CIB).  The team has evolved in response to heightened sensitivity and requirement for a fortress balance sheet, prudent capital management, strong liquidity, and robust financial performance measures (Tier 1 Capital ratio / Leverage ratio / Return on Equity etc).

Role description: 

The candidate will be part of the team responsible for:

  • The calculation, reporting and forecasting of the Global Equities Balance Sheet, RWA, G-SIB, Leverage, NII and Liquidity stress profile, to assist FO in the optimization of Capital and Liquidity usage
  • Devising the methodology to allocate the aggregate costs associated with Capital and Liquidity usage to specific trading desks, through the Funds Transfer Pricing (FTP) and Shareholder Value-Add (SVA) frameworks
  • The production and presentation of finance resource metrics and key business activity to senior Finance management, CIB Treasury, FO in addition to external Audit
  • Identifying and progressing process improvement and re-engineering opportunities while ensuring all processes have sufficient controls in place that are robust, documented and transparent
  • Producing analysis to contribute toward the Capital and Liquidity optimization and automation agendas for the business
  • Investigating data, system and calculation issues influencing financial resource metrics
  • Providing training to FO and Finance colleagues on Financial Resource metrics (E.g. Standardized RWA, SLR, G-SIB, LCR etc) and the impact of regulatory developments

Qualifications / Requirements:

  • The candidate must be able to work in a fast paced, results driven and collaborative environment, and also be able to drive strategic change.  Specific requirements include:
  • Work experience within FRM, Treasury, Finance, or related area
  • Bachelor’s degree in Finance, Economics, Accounting, Business or related area
  • Knowledge of Basel Capital and/or liquidity knowledge preferred in addition to accounting experience
  • Product experience (Equities, Stock Borrows & Derivatives) with good working knowledge of MS Excel (Alteryx and Tableau a plus)
  • Ability to multi-task, prioritize competing requirements effectively and remain flexible to address dynamic stakeholder needs
  • Self-motivated with high enthusiasm and energy to initiate improvements
  • Control/efficiency mindset with strong analytical skills and a keen attention to detail
  • Ability to build and sustain strong relationships with key stakeholders and other partners

About Us

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.

About the Team

The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

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.

For further information, and to apply, please visit our website via the “Apply” button below.

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