Deposit Forecasting and Analytics Senior Associate
Columbus, OH - USA
Department:
Job Summary
This is a key position to support the forecast execution of over $13B in annual deposit net interest revenue. This position will require close interaction with others teams including Treasury Product & Pricing Technology CFOs Corporate Planning & Analysis (P&A) Corporate Treasury & Chief Investment Office (TCIO) Controllers and other line of business finance teams.
As a Deposit Forecasting and Analytics Associate within consumer banking you will understand key promoters such as accounts customer rates paid transfer funds pricing (FTP) balances debit card transactions overdrafts and investment flows. You will also be accountable for developing best in-class analytics around deposit growth and NII drivers to support forecasting and month-end the analytics derived from these exercises will be used extensively by the business to inform strategy as well as by the Corporate Treasury and Chief Investment Office to develop funding capital interest rate risk (IRR) and asset-liability management (ALM) frameworks.
Job Responsibilities:
- Partner with the planning & analysis (P&A) teams for the execution of the forecast and the monthly reporting deliverables
- Partner with the model analytics team to understand model drivers and derive analytical frameworks for forecasting deposit balances and customer rate paid
- Stress sensitize and troubleshoot forecast model results to ensure reasonable outcomes
- Advancing the teams data capabilities in order to provide senior management more insights into deposit trends
- Present forecast updates to LOB CFOs Pricing Treasury and other key senior partners
- Timely address ad-hoc requests from senior management
Required Qualifications skills and capabilities:
- Bachelors degree in related field required (finance economics statistics math)
- 3 years of experience in one or a combination of the following: financial analytics or reporting treasury or pricing analytics at a large financial institution or management consulting firm
- An outstanding ability to analyze problems communicate effectively and confidently (both oral and written) and work well in cross-functional teams
Ability to find relationships and identify patterns in large datasets and to see business implications of findings and translate into concise insightful and actionable recommendations
- Aspiration to become a future leader and manager of others at the firm
Preferred Qualifications skills and capabilities:
CFA or Masters degree preferred
- Familiarity with basic statistics and analytical tools such as Tableau Alteryx Python R and SQL is a plus
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).
Required Experience:
Senior IC
About Company
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 ov ... View more