Cib F&bm Payments

**JOB DESCRIPTION** CIB F&BM Payments - Unit Cost Associate (APAC)**

**Organization Description**

The Commercial & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.

**Position Summary**

The CIB Unit Costing Team is a strategic function, responsible for developing and implementing unit costs for the Payments business by employing an Activity Based Costing methodology.

The unit rates developed drive commercial deal pricing as well as client profitability analytics. In addition, our output is leveraged for allocations and productivity initiatives evaluations. The team develops a comprehensive understanding of the cost components and business dynamics through collaboration with various stakeholders.
- Ability to build complex Alteryx models as well tableau reporting views. A strong knowledge of QlikSense is also required.
- Collaborate with the Pricing and Product Management teams to engage and align how the unit costs help drive commercial deal pricing for the firm.
- Work with the global Payments Unit Costing team on the annual planning cycle and volume collation processes.
- Coordination with CIB Allocations team to ensure unit costs are incorporated in the firm’s financial reporting system

**Requirements/Skills**:

- 3+ years of relevant financial services experience, with finance and/or operations experience an advantage
- Demonstrates analytical skills and ability to present findings in a concise and logical manner to stakeholders
- Demonstrates communication and influencing skills as well as organizational and project management skills (i.e., ability to define /create processes and execute complicated processes)
- Ability to manage stakeholders and timelines across multiple projects simultaneously and independently
- Strong work ethic, willingness to learn and a self-starter who is able to research issues/problems and develop solutions with the team

**ABOUT US**

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

**ABOUT THE TEAM**

The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.