JPMorgan Chase
Location: New York,NY, USA
Date: 2024-11-08T11:48:09Z
Job Description:
Join JP Morgan as a Chief Financial Officer at the Executive Director level and lead a team that supports Deposit and Mortgage finance functions at the Global Private Bank.**Job Summary**As the Global Private Bank Deposit & Mortgage Chief Financial Officer you will be the end-to-end owner of Deposit & Mortgage financial analysis and the finance partner to the Deposit & Mortgage business leaders within Wealth Management Solutions. You will be responsible for financial forecasting and reporting to understand the health of the business in different macroeconomics scenarios as well as setting the appropriate level of reserves on the Mortgage portfolio. The role will also be a key strategic partner to the business to make more informed business decisions with the goal of optimizing the returns of the Global Private Bank. Given the current interest rate environment there is a heavy focus on these products, which will result in senior management exposure.**Job Responsibilities**+ Serve as a strategic partner to the Global Private Bank Deposits & Mortgage Leadership Team by providing analytics and guidance which moves business development and aids in the execution of key business initiatives+ Understand and evaluate the financial impact of deposit & mortgage economics including; changes in the yield curve, Fed balance sheet actions, flows, product mix, and impacts from the respective pricing team (e.g., large client exception pricing, pricing reaction from competition and in the case of deposits alternative asset classes)+ Lead stress testing and related analytics which impacts the firm's capital adequacy assessment and its capital plan+ Continuously 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+ Ownership of the Mortgage CECL reserves for the Global Private Bank through results analytics and partnership with management across Finance, Credit Risk, and the business+ Execute on ad-hoc requests from various stakeholders and senior management (e.g., AWM CFO, various business senior leaders, both AWM and Corporate Finance & Treasury organizations, etc.)**Required qualifications, capabilities and skills**+ Experience in Deposits, Mortgages, and/or Fixed income+ Ability to take ownership and work independently as well as manage a team+ 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 the most senior level within the Global Private Bank & AWM+ Detail oriented, strategic thinker with skills in analysis, data synthetization, and acute decision making+ Sense of urgency; this person recognizes the importance of not only completing a task, but with the understanding that many of the tasks/requests are time sensitive+ Ability to prioritize and time manage is crucial+ Utilize judgment and discretion in working with highly confidential information+ Bachelor's degreeJPMorgan 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 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 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 is an Equal Opportunity Employer, including Disability/Veterans**Base Pay/Salary**New York,NY $171,000.00 - $260,000.00 / year
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