Deposit Forecasting and Analytics - Senior Associate

JPMorgan Chase & Co.•Columbus, OH

About The Position

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 reporting. Additionally, 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.

Requirements

Bachelor's 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
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).

Nice To Haves

CFA or Master’s degree preferred
Familiarity with basic statistics and analytical tools such as Tableau, Alteryx, Python, R, and SQL is a plus

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 team’s 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