Asset Management - Expense Planning and Analysis - Senior Associate

Location: Plano, TX, United States

Job Family: Financial Analysis

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of innovation and client-focused solutions. The Asset Management division plays a pivotal role in delivering world-class investment strategies to institutional and individual clients worldwide. As a Senior Associate in Expense Planning and Analysis, you will be at the heart of our financial operations in Plano, Texas, leading efforts to optimize expenses and headcount while supporting the division's growth objectives. This role offers the opportunity to contribute to strategic initiatives that drive efficiency and profitability in one of the most dynamic sectors of the economy. In this position, you will spearhead the expense budgeting and forecasting processes, conducting in-depth analyses to ensure alignment with business priorities. Collaborating with senior leaders across Asset Management, you will develop robust financial models, perform variance analyses, and provide actionable insights through executive reporting. Your work will directly influence cost-saving measures and resource allocation, helping JP Morgan Chase maintain its competitive edge in the financial services industry. Additionally, you will mentor team members and implement process enhancements to streamline operations in a highly regulated environment. We seek a proactive professional with a strong foundation in financial analysis and a passion for the asset management space. This role demands not only technical expertise but also the ability to navigate complex stakeholder dynamics and adapt to evolving market conditions. Joining JP Morgan Chase means becoming part of a collaborative culture that values innovation, integrity, and professional growth, with ample opportunities to advance your career in global finance.

Key Responsibilities

• Lead the annual expense budgeting and forecasting process for the Asset Management division, including headcount planning and cost optimization
• Conduct detailed variance analysis on monthly and quarterly expenses to identify trends and recommend efficiency improvements
• Develop and maintain financial models to support strategic decision-making and scenario planning
• Collaborate with business leaders across Asset Management to align expense plans with organizational goals
• Prepare executive-level reports and presentations on financial performance, risks, and opportunities
• Oversee the accuracy and compliance of expense reporting in accordance with JP Morgan Chase policies and regulatory standards
• Drive initiatives to enhance financial controls and reduce operational costs within the division
• Mentor junior analysts and contribute to process improvements in expense management tools and workflows
• Analyze headcount data to forecast staffing needs and support talent acquisition strategies
• Monitor market trends and industry benchmarks to inform expense strategies in the competitive financial services landscape

Required Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field
• 5+ years of experience in financial analysis, budgeting, or expense management within the financial services industry
• Proficiency in financial modeling, forecasting, and variance analysis
• Strong understanding of expense planning, headcount management, and cost allocation in a large-scale organization
• Experience with ERP systems such as SAP or Oracle
• Advanced skills in Microsoft Excel and data visualization tools like Tableau
• Ability to work in a fast-paced, regulated environment with a focus on compliance

Preferred Qualifications

• MBA or advanced degree in Finance or Accounting
• Prior experience in asset management or investment banking at a major financial institution
• Certification such as CPA, CFA, or CMA
• Knowledge of regulatory requirements in financial reporting (e.g., SEC, GAAP)
• Experience leading cross-functional teams in budgeting processes

Required Skills

• Financial modeling and forecasting
• Budgeting and variance analysis
• Data analysis and interpretation
• Proficiency in Excel (pivot tables, VLOOKUP, macros)
• Experience with financial software (SAP, Oracle, Hyperion)
• Data visualization (Tableau, Power BI)
• Strong analytical thinking
• Attention to detail and accuracy
• Communication and presentation skills
• Project management
• Problem-solving and decision-making
• Knowledge of GAAP and financial regulations
• Team collaboration and leadership
• Time management in high-pressure environments
• Adaptability to changing priorities

Benefits

• Comprehensive medical, dental, and vision insurance plans
• 401(k) retirement savings plan with company matching contributions
• Generous paid time off, including vacation, sick days, and parental leave
• Professional development programs and tuition reimbursement for advanced education
• Employee stock purchase plan and performance-based bonuses
• Wellness programs, including gym memberships and mental health support
• Flexible work arrangements, including hybrid options in Plano, TX
• Access to JP Morgan Chase's global mobility and career advancement opportunities

JP Morgan Chase is an equal opportunity employer.