CIB – Custody & Fund Services - Solutions and Implementations – Client and Deal Pricing – Associate/Vice President
Req #: 180031536
Job Category: Account Servicing
About J.P. Morgan & Investment Bank
J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $23 trillion of assets under custody and over $400 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Custody and Fund Services
J.P. Morgan Custody - global leader with $22 trillion in assets under custody, provides Institutional investors access to markets worldwide for the settlement, safekeeping and asset servicing of securities, along with ancillary services such as Foreign Exchange and Liquidity Solutions. J.P. Morgan's Custody and Fund Services (C&FS) business is comprised of Custody, Accounting, Transfer Agency, Middle Office outsourcing, Foreign Exchange, and other activities related to servicing assets for traditional and alternative funds; it leverages its scale and capabilities in more than 100 markets to help clients optimize efficiency, mitigate risk and enhance revenue through a broad range of investor services as well as securities clearance, collateral management and alternative investment services
The Client Pricing team within the Solutions & Implementations group works in partnership with Product Management, Investor Services Sales & Relationship Management, Operations, Client Service, Billing and Technology teams to develop client pricing models and guide the business towards pricing decisions that are aligned to overall business profitability targets. The team is responsible for all aspects of the end-to-end client pricing life-cycle from deal approval through to the first invoice review process.
The team is accountable for a set of functional responsibilities that support client pricing in EMEA, including:
Partnering with Product, Sales and other functional groups to develop and build Excel-based models in support of the C&FS new business pipeline - including RFPs - to facilitate commercial decision making
Undertaking internal profitability analyses and/or ad hoc financial analysis – including financial data/invoice reconciliation for existing clients
Participation in senior level commercial reviews, and providing supporting financial summary information
Pro-actively researching and resolving issues identified during profitability reviews
Awareness of and adherence to billing processes
Required Skills / Experience:
Bachelors degree with experience, preferably within the Custody & Fund Services space
Enhanced MS Office skills including Excel, PowerPoint etc.
Excellent communication skills (oral and written). Role involves extensive co-ordination with the Front office sales/relationship manager and product organisation across all levels of seniority – ability to actively participate in senior/executive level discussion and correspondence required
Team player with demonstrated ability to work in and create a cohesive work environment.
Ability to prioritise and work across multiple work streams and to proactively take ownership of projects from start to finish
Innovative mind set with a proven track record of successful participation in automation projects.
Analytic mind set with experience of producing meaningful statistics of large scale data.
About J.P. Morgan’s Corporate & Investment Bank:
J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Further information about J.P. Morgan is available at www.jpmorgan.com.
JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer.