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Strategy & Process Improvement, Associate

JPMorgan Chase

Strategy & Process Improvement, Associate

JPMorgan Chase

New York, NY, United States, US

·

On-site

·

Full-time

·

3w ago

The Chief Administrative Office (CAO) Strategy & Process Improvement (S&PI) team is the firm’s in-house advisory team committed to delivering high-impact, strategic solutions which address JPMC’s most urgent needs.

As a Strategy & Process Improvement Associate, you will make crucial business decisions that strengthen operating models, enhance employee or client experience, and improve the firm’s bottom line in collaboration with senior leaders including the Chief Administrative Officer and the Chief Operating Officer of the firm. Your projects will span global operations, administrative functions, and firmwide initiatives across lines of business. You will frequently focus on addressing complex and emerging business opportunities such as: firmwide AI adoption, product operating model strategy, and firmwide bureaucracy streamlining.

S&PI follows a hypothesis-driven, empirical approach to problem solving, a similar approach to that adopted by major consulting firms (e.g., Mc Kinsey, Bain, BCG). Project teams are structured similarly to consulting industry teams, with small, 2-4 person teams across our NYC and Dallas locations dedicated to a project for up to 6 months. Projects begin by establishing a strong fact-base and understanding of the problem, followed by working closely with businesses on both short-term and long-term solutions, and culminating in a recommendation meeting with senior leadership.

Job Responsibilities

  • Own a well-scoped workstream within a project, which could span process improvement, organizational change, and functional strategy efforts
  • Develop project-specific content and domain knowledge quickly and actively participate in team problem-solving sessions
  • Gather, model, and analyze data to test hypotheses, identifying trends and key insights
  • Produce presentation materials to summarize findings and recommendations and influence senior leaders
  • Help guide client interviews to gather baseline information and work with internal client teams to define business pain points and opportunities
  • Work closely with stakeholders to develop and refine recommended solutions to address issues
  • Establish excellent relationships with internal clients and colleagues
  • Manage workstream deadlines and timeframes, proactively escalating issues as needed
  • Be receptive to coaching and feedback via apprenticeship model
  • Collaborate effectively with project Vice President, Analysts, and Associates to drive the project to completion

Required Qualifications, Capabilities, And Skills

  • 2.5+ years of experience with a top-tier management consulting firm, internal consulting organization, or corporate strategy team
  • Strong problem-solving and issue identification skills
  • Skills gathering, analyzing, and synthesizing data from multiple sources using Excel
  • Ability to manage key elements of a workstream to completion, escalating and seeking help where necessary

Preferred Qualifications, Capabilities, And Skills

  • Financial services background is preferred, but not mandatory

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About JPMorgan Chase

JPMorgan Chase

JPMorgan Chase is a multinational investment bank and financial services company that provides banking, investment, and asset management services globally. It is one of the largest banks in the United States by assets and market capitalization.

300,000+

Employees

New York City

Headquarters

Reviews

4.2

10 reviews

Work Life Balance

4.2

Compensation

4.3

Culture

4.5

Career

4.4

Management

4.1

75%

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Pros

Good pay and benefits

Work-life balance

Career advancement opportunities

Cons

Heavy workload at times

Career advancement takes time

Pay could be better in some roles

Salary Ranges

47 data points

Junior/L3

Mid/L4

Senior/L5

Junior/L3 · Analyst

21 reports

$126,500

total / year

Base

$110,000

Stock

-

Bonus

-

$95,450

$155,250

Interview Experience

4 interviews

Difficulty

2.8

/ 5

Duration

14-28 weeks

Interview Process

1

Application Review

2

HireVue Video Interview

3

Technical/Behavioral Assessment

4

Final Interview Round

5

Offer Decision

Common Questions

Behavioral/STAR

Technical Knowledge

Past Experience

Culture Fit

Case Study