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JPMorganChase · 5 days ago

Global Private Bank - Deposit Finance Associate

Plano, TX

Full-time

Onsite

Mid Level

3+ years exp

JPMorganChase is one of the oldest financial institutions, offering innovative financial solutions. The role of a Financial Associate within the Global Private Bank involves providing financial analytics and guidance to support business development and decision-making in deposit and custody products.

Asset ManagementBankingFinancial Services

Growth Opportunities

No H1B

Responsibilities

Serve as a strategic partner to the Global Private Bank Deposits Leadership Team by providing analytics and guidance which drives business development and aids in the execution of key business initiatives

Evaluate and understand the financial impact from the drivers of deposit economics including: changes in the yield curve, Fed balance sheet actions, flows, product mix, and impacts from the deposit pricing team (e.g., large client exception pricing, campaigns, pricing reaction from deposit competition or alternative asset classes)

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

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 Asset & Wealth Management and Corporate Finance & Treasury organizations, etc.)

Qualification

Financial AnalysisDeposits ExperienceTreasury ExperienceSQL ProficiencyPython ProficiencyDeposit Pricing KnowledgeAnalytical AbilityJudgmentDiscretionCommunication SkillsDetail OrientedOrganizational Skills

Required

Bachelor's degree

3+ years relevant experience

Experience in Deposits, Financial Analysis, or Treasury

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 and Asset & Wealth Management

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

Preferred

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

Benefits

Comprehensive health care coverage

On-site health and wellness centers

A retirement savings plan

Backup childcare

Tuition reimbursement

Mental health support

Financial coaching

Company

JPMorganChase

Glassdoor4.0

With a history tracing its roots to 1799 in New York City, JPMorganChase is one of the world's oldest, largest, and best-known financial institutions—carrying forth the innovative spirit of our heritage firms in global operations across 100 markets.

Founded in 2000

New York, New York, USA

10001+ employees