Development Financial Analysis, Senior Associate

Location: New York, NY, 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 service. The Corporate Real Estate (GRE) team plays a vital role in managing our expansive portfolio of properties worldwide, and we're seeking a Development Financial Analysis, Senior Associate to support the GRE Development CFO. In this position, you will provide critical financial management, analysis, and reporting for major real estate development projects, including our flagship headquarters initiative in New York. This role offers the opportunity to contribute to high-impact initiatives that shape the future of our firm's physical infrastructure while working in a collaborative, high-energy environment at the heart of the financial district. Your primary focus will be on building and maintaining sophisticated financial models to forecast project costs, revenues, and returns, ensuring alignment with JP Morgan Chase's strategic objectives. You will analyze variances between budgeted and actual figures, identify potential risks, and propose actionable recommendations to optimize financial performance. Collaborating closely with real estate developers, project managers, and finance leaders, you will prepare executive-level reports and presentations that inform key decisions on capital investments and resource allocation. This position demands a keen eye for detail and the ability to thrive under pressure, as you support multi-billion-dollar projects that demand precision and foresight. As a Senior Associate, you will also play a key role in enhancing our financial reporting processes, leveraging advanced tools to deliver insights that drive efficiency and compliance. At JP Morgan Chase, we value diverse perspectives and invest in your growth through robust training programs and career development paths. If you have a passion for real estate finance and a track record of delivering results in a corporate setting, join us to make a meaningful impact on one of the world's most influential financial institutions.

Key Responsibilities

• Assist the GRE Development CFO in preparing financial models, budgets, and forecasts for major real estate projects and the headquarters initiative
• Conduct in-depth financial analysis, including variance reporting, scenario modeling, and risk assessment for development portfolios
• Prepare and present financial reports, dashboards, and insights to senior leadership and stakeholders
• Collaborate with cross-functional teams, including real estate, legal, and operations, to ensure accurate financial oversight
• Monitor project expenditures, track key performance indicators, and recommend cost-saving measures
• Support due diligence processes for new development opportunities, including capital allocation analysis
• Ensure compliance with internal JP Morgan Chase policies and external financial regulations
• Develop and maintain financial databases and systems for efficient reporting
• Contribute to strategic planning by providing financial projections for long-term real estate initiatives
• Identify and mitigate financial risks associated with development projects

Required Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related field
• Minimum of 5 years of experience in financial analysis, preferably in real estate or development finance
• Strong proficiency in financial modeling and forecasting using tools like Excel and financial software
• Experience with budgeting, variance analysis, and financial reporting for large-scale projects
• Knowledge of GAAP and financial regulations applicable to real estate development
• Ability to work in a fast-paced environment with cross-functional teams
• CPA, CFA, or similar professional certification

Preferred Qualifications

• Advanced degree (MBA) in Finance or Real Estate
• Prior experience in the financial services industry, ideally with a major bank like JP Morgan Chase
• Familiarity with real estate project financing, including debt and equity structures
• Experience supporting executive-level financial decision-making in development projects
• Proficiency in data visualization tools such as Tableau or Power BI

Required Skills

• Advanced Excel proficiency for financial modeling
• Financial forecasting and budgeting expertise
• Variance analysis and reporting
• Knowledge of real estate finance principles
• Data analysis and interpretation
• Strong communication and presentation skills
• Project management abilities
• Attention to detail and accuracy
• Problem-solving and critical thinking
• Team collaboration and stakeholder management
• Understanding of GAAP and regulatory compliance
• Proficiency in financial software (e.g., Oracle, SAP)
• Risk assessment and mitigation
• Strategic planning support
• Adaptability in a dynamic financial environment

Benefits

• Competitive base salary and performance-based annual bonus
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with generous company match
• Paid time off, including vacation, sick days, and parental leave
• Professional development opportunities, including tuition reimbursement and leadership training
• Employee stock purchase plan and financial wellness programs
• On-site fitness centers and wellness initiatives at JP Morgan Chase locations
• Flexible work arrangements and hybrid work options in New York

JP Morgan Chase is an equal opportunity employer.