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JPMorgan Chase Securities Services Operations Business Manager - Vice President in Brooklyn, New York

Organization Description

The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

Job Description

The Securities Services Operations Finance Management team are looking for a high-performing Vice President to play a key role of managing the financials and headcount for Custody Operations. The successful candidate will work closely with the Head of Custody Operations and their leadership team, also with Custody business F&BM team.

Job Responsibilities

  • Provide timely and accurate financial reporting and monthly business reviews that provide clear, impactful explanations of operating results and variances based on relevant business events, and help ensure expense goals are achieved

  • Develop and maintain relationships with key stakeholders

  • Manage annual budget and periodic (monthly) forecasting processes

  • Manage the month-end close process, coordinating expense accruals with Controllers, understanding & re-forecasting new risks & opportunities and providing variance commentary

  • Prepare financial (variance) analysis and walk forwards (expense and headcount) by key business themes

  • Detailed Headcount tracking including all productivity / location strategy reporting versus plan/target as well as any new business growth initiatives

  • Manage product allocation models/rules, reporting hierarchy and examine incoming allocations

  • Implementing controls and best practices to ensure efficient, timely and accurate financial reporting

  • Reviewing expenses and identify potential reductions in the cost base to streamline business processes and improve profitability

  • Part of a high performance team, adding value to the greater team

Required Qualifications, Skills and Capabilities

  • Bachelor's degree in Business, Finance, Economics, with at least 10+ years of relevant experience in financial services

  • Excellent quantitative, analytical problem solving and financial / data / business modeling skills

  • Ability to clearly communicate complex concepts to a non-financial audience, strong documentation and reporting skills

  • Strong presence, comfortable interacting with and presenting to all levels of management

  • Superior attention to details and process skills; sense of urgency

  • Able to collaborate across lines of businesses and work with central/corporate organizations

  • Capable of balancing multiple assignments simultaneously

  • 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 proficiency with PowerPoint, Word, Excel, Outlook

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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

Brooklyn,NY $123,500.00 - $190,000.00 / year

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