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Corporate Allocations - Vice President

JPMorgan Chase

Corporate Allocations - Vice President

JPMorgan Chase

Plano, TX, United States, US

·

On-site

·

Full-time

·

2w ago

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

To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).

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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