Financial Planning & Analysis - Associate

Location: Bengaluru, Karnataka, India

Job Family: Financial Analysis

About the Role

At JP Morgan Chase, a leading global financial services firm, the Financial Planning & Analysis Associate plays a pivotal role in driving the financial strategy for our operations in Bengaluru, India. This position involves leading budgeting, forecasting, and the creation of management reports that inform critical business decisions. As part of our Corporate & Investment Bank division, you will coordinate high-impact presentations for senior executives, ensuring that financial insights are communicated effectively to support the firm's growth in the competitive financial services landscape. This role demands a blend of analytical rigor and strategic thinking, contributing to the overall financial health and operational efficiency of our global institution. Key responsibilities include developing robust financial models to forecast performance, analyzing variances against budgets, and identifying opportunities for cost optimization within JP Morgan Chase's diverse portfolio of services, from investment banking to asset management. You will collaborate closely with cross-functional teams to integrate financial data with operational metrics, ensuring alignment with regulatory standards and internal policies. In this fast-paced environment, you will also support ad-hoc projects such as scenario planning for market volatility or integration of new business lines, leveraging your expertise to provide actionable recommendations that enhance profitability and risk management. The ideal candidate thrives in a collaborative culture at JP Morgan Chase, where innovation in financial analysis meets real-world impact. Based in our state-of-the-art Bengaluru office, you will have access to cutting-edge tools and resources to advance your career in the financial services industry. This position offers tremendous growth potential, allowing you to contribute to landmark initiatives while building a rewarding professional journey with one of the world's most respected financial institutions.

Key Responsibilities

• Lead the development and management of annual budgets and quarterly forecasts for assigned business units at JP Morgan Chase
• Prepare and analyze management reports, variance analysis, and key performance indicators (KPIs) to support strategic decision-making
• Coordinate and deliver impactful presentations to senior leadership on financial performance and business insights
• Collaborate with cross-functional teams, including operations and risk management, to ensure accurate financial planning
• Identify trends, risks, and opportunities through data analysis and provide actionable recommendations
• Support month-end and quarter-end close processes, including reconciliations and financial statement preparation
• Utilize advanced Excel models and financial software to enhance forecasting accuracy
• Contribute to process improvements in financial planning methodologies to drive efficiency
• Assist in ad-hoc financial projects, such as cost optimization initiatives or merger-related analysis

Required Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related field
• Minimum of 3-5 years of experience in financial planning, analysis, or related roles within the financial services industry
• Proficiency in financial modeling, budgeting, and forecasting processes
• Strong analytical skills with the ability to interpret complex financial data
• Experience with financial reporting tools and ERP systems such as SAP or Oracle
• Ability to work in a fast-paced, collaborative team environment

Preferred Qualifications

• MBA or advanced degree in Finance or Business Administration
• Prior experience at a major financial institution like JP Morgan Chase
• Certification such as CFA (Chartered Financial Analyst) or CPA (Certified Public Accountant)
• Knowledge of regulatory requirements in the banking and financial services sector

Required Skills

• Advanced proficiency in Microsoft Excel and financial modeling
• Knowledge of SQL for data querying and analysis
• Experience with Tableau or Power BI for data visualization
• Strong understanding of GAAP and IFRS accounting standards
• Analytical thinking and problem-solving abilities
• Excellent communication and presentation skills
• Attention to detail and accuracy in financial reporting
• Project management and organizational skills
• Ability to handle confidential information with integrity
• Team collaboration and stakeholder management
• Adaptability to changing priorities in a dynamic financial environment
• Familiarity with risk assessment and scenario planning
• Proficiency in budgeting software like Hyperion or Anaplan

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance coverage
• Retirement savings plan with company matching contributions
• Paid time off, including vacation, sick leave, and parental leave
• Professional development programs and tuition reimbursement for advanced education
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness programs at JP Morgan Chase facilities
• Global mobility opportunities and career advancement support within the firm

JP Morgan Chase is an equal opportunity employer.