Job Description

Job Description

This role provides an exciting opportunity to ensure the overall integrity and operating environment across Corporate & Investment Bank (CIB) balance sheet, liquidity, Risk-Weighted Assets (RWA) and Capital, Leverage, and GSIB calculations.  The team ensures end to end data quality and controls for the CIB, coordinates impact analysis of proposed regulations and impact studies and acts as central contact for corporate partners. Controllers ensure and monitor results are aligned with policies and are responsible for implementation of operating models to ensure full compliance on liquidity and regulatory capital rule changes.

As a Associate on the CIB Treasury (CIBT) Funds-Transfer-Pricing (FTP) Execution team, you will play a supportive role in the implementation of the CIB Treasury transfer pricing policy. You will assist in collaborating with Corporate Treasury and CIBT Policy & Analytics to ensure smooth policy execution. Additionally, you will help the team with the product control of any residual P&L and positions that arise from policy implementations. This role requires strong interpersonal skills, including teamwork, motivation, and dependability, as well as the ability to partner effectively and communicate clearly with colleagues.

Job responsibilities

• Assist senior team members in performing daily and monthly Funds-Transfer-Pricing (FTP) calculations, ensuring accuracy and timeliness in reporting and analytics. Develop a strong understanding of the methodologies and tools used in these processes.
• Collaborate with CIB Sub Line of Business Product Controllers to analyze FTP charges and credits and assess their impact on financial performance.
• Work closely with CIBT teams to ensure alignment with FTP policy, CIB funding strategies, and P&L results. 
• Collaborate with CIBT Financial Controllers to verify financial postings related to funding charges. Conduct thorough reviews of reconciliations between the general ledger and the funding application to ensure data integrity and compliance.
• Engage in continuous process improvement initiatives, working with technology and Project Management partners to optimize workflows and enhance efficiency.
• Take part in ad-hoc projects as required, collaborating with CIBT partners and business stakeholders to address emerging challenges and opportunities. Demonstrate flexibility and adaptability in a dynamic work environment.

Required qualifications, capabilities, and skills

• Familiarity with investment bank products, financial theory, and basic accounting principles.
• Ability to apply analytical and problem-solving skills to support decision-making processes.
• Demonstrates initiative and a strong work ethic with a willingness to learn and grow.
• Willingness to engage with various functions, locations, and business units as needed.
• Competent in using Microsoft Excel, PowerPoint, Word, and Visio for basic tasks and reporting.
• Strong focus on accuracy and detail in all tasks and responsibilities.
• Good interpersonal and relationship-building skills to collaborate effectively with team members.
• Bachelor’s degree in a relevant field.
• 1+ years of experience in finance or a related field, including internships or co-op programs.
• Ability to present information clearly and concisely, both verbally and in writing.

 

Preferred qualifications, capabilities, and skills

• Experience with Alteryx, Tableau, Essbase/Smartview, CDGL and/or Athena Funding Engine 

About Us

JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our  FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the Team

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

Job Tags

Internship,

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