JP Morgan Chase

CIB_Financial Planning & Analysis_P&L Forecasting_Associate

Mumbai, Maharashtra, India
Competitive salary
30 Jun 2022
15 Jul 2022
Approved employers
Approved employer
Job Description

The Corporate & Investment Bank (CIB) Central Planning & Analysis (P&A) Team manages the CIB forecast (monthly/weekly), the CIB annual budget process working globally with the CIB Lines of businesses, and the 10Q/K CIB commentary process. The team is responsible for producing p/l reports and analysis that are informative, accurate, reliable and timely. The team's key stakeholders include CIB CFO, CIB P&A Head, Corporate P&A, Corporate Reporting, CIB Line of Business P&A and CIB Product Controllers.

The CIB Team manages the periodic (monthly/weekly) updates of the CIB P&L forecast, providing updates to CIB Management and Corporate P&A as well as managing the system submission to Corporate P&A. The team is involved in the monthly, quarterly and year end close process providing details on variances to forecast and period on period variances. The team manages the 10Q/K CIB Commentary process. The team works very closely with the CIB Central Technology team and P&A partners across the Finance organization. The team plays an integral role in the CIB annual budgeting process, the IC forecast process, accrual and analysis as well as ad-hoc analysis related to all things CIB.


The CIB Forecasting Associate role provides a unique opportunity to interact with multiple lines of business and corporate groups. It is an opportunity to learn about the core CIB businesses in a fast-paced environment. The individual will join the Forecasting Team and be responsible for managing the forecast file including input updates and outputs and timely delivery of management reporting to senior business stakeholders and Corporate P&A including variance analysis. Additional responsibilities include partnering with other members of the CIB Central P&A Team ensuring all aspects of the P&L are understood and can be explained.

Job Responsibilities:
  • Serve as the point of contact for the CIB IC Forecast, Budget and Analysis
  • Provide oversight to the CIB forecast report distributed to Senior Management, Corporate P&A and LOB P&A teams
  • Liaise with Corporate P&A ensuring all deliverables are adhered to.
  • Manage the month end reconciliation process - forecast versus actual
  • Manage the Fully Loaded P&L calculations and financials
  • Ensure timely and accurate information delivery.
  • Conduct ad-hoc MIS reporting and analysis, in conjunction with other members of the CIB Central P&A team.
  • Work with CIB Central technology teams on testing various new functionalities.

  • Postgraduate degree in Finance, Accounting, Economics or related field
  • Minimum of 7-9 years Financial Service industry experience
  • Excellent communication skills and ability to develop relationship with other teams
  • Ability to multi-task multiple requirements under considerable time pressure
  • Maintain a high degree of accuracy and quality of work
  • Strong analytical and problem solving skills
  • Ability to work with teams across different locations
  • Strong attention to detail
  • Proficient in Microsoft Excel/Powerpoint

About Us

JPMorgan Chase & Co., 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. 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.