J.P Morgan – Finance & Business Manager (Associate) Job at JPMorgan Chase Bank, N.A. in Dublin
Primary Location – Dublin, Ireland
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com .
The Corporate & Investment Bank (CIB) Finance and Business Management (F&BM) group provides financial advice to support the CIB’s business strategy and helps to ensure a sound control environment. Within F&BM, the four major areas of responsibility are: Business-aligned BMs (Business Managers), the CIB Controller, Support Staff CFO, and Planning and Analysis.
Securities Services, a division of J.P. Morgan Chase Bank, N.A., is a global industry leader with $28 trillion in assets under custody. J.P. Morgan provides innovative custody, fund accounting and administration and securities services to the world’s largest institutional investors, alternative asset managers and debt and equity issuers. J.P. Morgan’s Custody and Fund Services business is comprised of Custody, Global Fund Services and Trading Services; it leverages its scale and capabilities in more than 100 markets to help clients optimize efficiency, mitigate risk and enhance revenue
About Alternative Investment Services (AIS)
AIS is a division within the CIB that provides fund administration and middle office services to single manager hedge funds, private equity, and fund of hedge funds. AIS is one of JPMorgan’s fastest growing businesses and one of the fastest growing administrators in the market. Today AIS has over $540 billion in assets under administration and custody, over 800 employees and offices in New York, Boston, Bangalore, Dublin, Luxembourg, London and Mumbai.
Business Overview & Role Description:
Securities Services Finance & Business Management (F&BM) Business Management (F&BM) is seeking a business manager at Associate level based in Dublin, Ireland. The role will provide support for the Alternative Investment Services (AIS) business and help to deliver key strategic initiatives within Global Fund Services business. The candidate will work closely with the business along with the functional partners across the firm which includes Product Management, Sales, Product Controllers, Planning & Analysis, as well as Product Development, Risk, BCO, Compliance, Operations, and Technology.
The successful candidate will report into the Head of Global AIS Business Management and will help support the senior AIS business leads along with the functional partners across the firm which includes Product Management, Sales, Product Controllers, Planning & Analysis, as well as Product Development, Risk, BCO, Compliance, Operations, and Technology.
Key Responsibilities of the Business Management Function:
Business Strategy and Growth
Help develop priorities to enable delivery of the overall strategy for the AIS business
Drive change through prioritization and alignment of resources
Own and ensure delivery of strategic business initiatives
Ensure business strategy considers market structure and regulatory changes
Business Performance and Planning
Assist in the management of 800+ Headcount for the AIS business though forecasting, managing new requisition approvals, HC communication
Involvement in annual business budget process (in conjunction with Controllers and P&A)
Ensure optimal resource budgeting and allocations to achieve business priorities
Oversee investment / productivity initiatives across the end-to-end business to achieve multi-year targets
Develop ad-hoc analytics to help the business better understand and manage its costs, risks, capital usage, pricing, growth opportunities, etc.
Partner with Product Control and P&A to provide timely, accurate, and thorough information on variances and Risks & Opportunities to Budget
Support the governance structure currently in place by co-ordinating and facilitating governance meetings
Feed into appropriate CFS governance forums
Compile monthly Business reviews on P&L and Headcount
Partner with Product to track new business
Generate periodic key performance indicators
Track and report progress against business/sales strategy
Analyze and report on client, segment, region, and product profitability
Regulation, Risk and Controls
Understand the impact of new regulations on the business and how that may impact the business strategy
Provide financial data in support of regulatory requests
Provide business overviews and updates for Product meetings with Regulators
Ad Hoc / General Business Management Support.
3+ years in a Finance & Business Management role.
Proficiency in Microsoft Office applications and Advanced MS Excel (formulas, macro, pivots, charts, web-query) preferred.
BA/BS in Business Administration, Finance or Accounting and qualified/part-qualified member CIMA, ACA, ACCA, CPA or equivalent, preferred.
Strong track record in finance and accounting
Excellence in execution – A “self-starter” who is able to operate autonomously with an ability to face off to the management team, demonstrates a willingness to take initiative and works independently, a problem solver
Commercial acumen – Ability to understand and grow the strategic business vision; focus on improving the bottom line
Effective communicator – Ability to create logical and conclusive presentations, distilling complex subject matter into management-ready materials
Sound judgment, professional maturity and personal integrity, strong work ethic, proactive and results-oriented outlook, possess courage to ask tough questions and challenge the status quo
Strong attention to detail
Great team player
Able to collaborate across lines of businesses and work with central/corporate organizations, building a strong network
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.
Company: JPMorgan Chase Bank, N.A.
Company Location: Dublin