|Job Type:||Full Time|
J.P. Morgan is a global leader in financial services, offering solutions to the world's most important corporations, governments and institutions in more than 100 countries.
Operations provide support across the whole of the CIB. Services provided to our Businesses include:
Transaction Processing, Confirmation, Settlement and Clearing, Collateral Management, Client Service, Invoicing, cost allocation and substantiation, payment processes and CASS Support
The Trading Cost Management group is responsible for the design & build out of the technology strategy & infrastructure required to calculate global cross asset class execution costs covering the end to end Trade Lifecycle; facilitating transparency & analytics, accurate financial allocation, invoice reconciliation/substantiation and cost reduction strategies around the $2.5BN JPM spends annually.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Over 4,000 employees work at the Bournemouth Corporate Center. We take immense pride in our work and in helping our community. We’re proud to leverage the local workforce and engage closely with schools and charities. Our campus is set in 13 acres of grounds and includes on-site Tennis Courts and easy access to local sports facilities. We have good transport links including our commuter bus service. The site is currently benefitting from massive investment, redeveloping the office space into a High Performance Workspace and adding exciting new offerings to our communal spaces. We have 2 restaurants on site offering a wide range of healthy options. The staff are able to join a wide range of groups from yoga to language classes, to groups supporting the diverse range of cultures represented here.
Trading Costs are an area of considerable focus with the CIB. The urgent need for the build out of a strategy and infrastructure to provide Transparency and facilitate cost reduction and financial control is at the forefront of priorities within the Operations world, in partnership with other functions such as GSS, Markets, Finance and Technology.
This role will be to support the build out of our strategic cost calculation and analytics platforms, automation solutions such as robotics and process improvements. This spans global functions & stakeholders, feeding into a number of key areas such as savings initiatives, reconciliations, cost accruals and allocations, payment processes and controls.
The individual will be involved from the initial analysis, design and planning; through testing and delivery of our strategic solutions across global asset classes. Analysing the integration steps of the new solutions into existing processes across internal operational functions and front office, finance & other key stakeholders will form a key part of the position.
The role will require a range of skills from business analysis, project management and stakeholder engagement.
Summary of Responsibilities
Analysis and documentation of current versus future state processes and workflows
Collation of business requirements & working with technology in the translation to technical solutions
Support system build outs and enhancements from initiation through UAT and delivery
Feedback project highlights, risks and issues to senior managers via clear and concise communications
Determine and implement solutions for cost allocation and reconciliation
Identify areas of inefficiency for process improvement and support the change management agenda
Skills and Qualifications
- Business Analyst/Project Manager who is an extremely detail orientated self-starter
- Strong analytical, interpersonal, oral and written communication skills
- Ability to synthesize information to reach logical conclusions; manage projects, evaluate & improve processes and document and present findings
- Demonstrates proactive communication with global and local stakeholders
- Ability to be flexible, follow tight deadlines, organize and prioritize work
- Knowledge of the trade and execution cost lifecycle beneficial