At a Glance
- Tasks: Manage trading-related expenses and improve payment processes with innovative solutions.
- Company: Join J.P. Morgan's dynamic Cost and Commission Services team.
- Benefits: Competitive salary, career growth, and opportunities to work with global stakeholders.
- Why this job: Make a real impact on financial processes while leveraging AI and automation.
- Qualifications: Experience in banking, strong analytical skills, and proficiency in MS Office and data tools.
- Other info: Exciting environment with opportunities for transformation and change management.
The predicted salary is between 36000 - 60000 £ per year.
Exciting opportunity to join the Cost and Commission Services team and grow your career as a Payment Lifecycle Manager. As a Payments Lifecycle Manager Senior Associate in the Cost & Commission Services (CCS) group, you will be a part of a group of specialized individuals focused on managing JP Morgan's annual trading-related expenses, including commissions and receivables.
You will be responsible for reviewing end to end processes, implementing robust controls, documentation and improving efficiency relating to the management of trading expenses. You will have the opportunity to work with global functions and stakeholders, using your influence to contribute to key areas of importance such as payment processes and controls, savings initiatives, reconciliations, cost accruals and allocations.
The Cost and Commission Services (CCS) group plays a pivotal role in managing J.P. Morgan's annual trading-related expenses, including commissions and receivables. Key CCS responsibilities include the business design and build-out of the technology strategy and infrastructure required to calculate global cross-asset class execution costs, covering the end-to-end trade lifecycle. The team also facilitates transparency and analytics, accurate financial allocation, invoice reconciliation and substantiation, as well as cost reduction strategies.
Job responsibilities:
- Review and document CCS Operating Models and procedures with a focus on controls.
- Partner with CCS process owners and supporting stakeholders to identify control gaps and create plans to address areas of risk.
- Create and manage a suite of documentation detailing CCS span of control.
- Partner with Operations Risk & Control Management to ensure adherence to firm-wide guidelines.
- Document project progress and present to global stakeholders.
- Collate metrics to measure, mitigate, monitor and report risk.
- Identify areas of inefficiency for process improvement and support the change management agenda.
- Seek out opportunities to leverage AI to enhance and remove operational risk from processes.
- Understand stakeholder requirements and create Strategic & Tactical solutions to solve the problem using automation & AI tools.
Required qualifications, capabilities and skills:
- Experience within a banking organization or a similar financial services institution.
- Experience managing controls and documenting processes.
- Intermediate / Advanced analytical skills with proficiency in MS Office (Excel, PowerPoint, Projects).
- Track record of business analysis, project management and partner engagement skills.
- Alteryx, Python and Tableau experience required.
- Business Analyst skillset, with strong analytical, interpersonal, oral and written communication skills.
- Skillful at evaluating and improving processes, synthesizing information to reach logical conclusions and documenting and presenting findings.
- Self-motivation and ability to work with minimal supervision within a team structure.
- Minimum Bachelor’s Degree or equivalent required.
Preferred qualifications, capabilities and skills:
- Audit experience desirable.
- Experience with executing Transformation and/or Change Management initiatives beneficial.
- Knowledge of the trade and execution cost lifecycle beneficial.
- Knowledge of the software delivery lifecycle beneficial.
- Knowledge of trading flows beneficial.
Payment Lifecyle Manager Senior Associate employer: Jpmorgan Chase & Co.
Contact Detail:
Jpmorgan Chase & Co. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payment Lifecyle Manager Senior Associate
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those already working at JP Morgan or similar firms. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of payment processes and controls. We recommend practising common interview questions and scenarios related to trading expenses and efficiency improvements.
✨Tip Number 3
Showcase your analytical skills! Be ready to discuss how you've used tools like Alteryx or Python in past roles. We want to see how you can leverage these skills to improve processes and manage risks effectively.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining our team and contributing to the exciting work we do in Cost and Commission Services.
We think you need these skills to ace Payment Lifecyle Manager Senior Associate
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Payment Lifecycle Manager role. Highlight your experience in managing controls and documenting processes, as well as any relevant analytical skills. We want to see how your background aligns with what we're looking for!
Showcase Your Skills: Don’t forget to showcase your intermediate/advanced analytical skills and proficiency in tools like Excel, Alteryx, and Python. We love seeing candidates who can demonstrate their technical abilities and how they can apply them to improve processes.
Be Clear and Concise: When writing your application, be clear and concise. Use bullet points where possible to make it easy for us to read through your experiences and achievements. We appreciate a straightforward approach that gets to the point!
Apply Through Our Website: Finally, make sure to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Jpmorgan Chase & Co.
✨Know Your Numbers
As a Payment Lifecycle Manager Senior Associate, you'll be dealing with trading-related expenses. Brush up on your financial metrics and be ready to discuss how you've managed costs in previous roles. This shows you understand the importance of financial oversight.
✨Master the Tech Tools
Familiarise yourself with Alteryx, Python, and Tableau before the interview. Be prepared to share specific examples of how you've used these tools to improve processes or manage data. This will demonstrate your technical proficiency and readiness for the role.
✨Showcase Your Analytical Skills
Highlight your experience with business analysis and project management. Prepare to discuss a time when you identified inefficiencies and implemented changes. This will illustrate your problem-solving abilities and your fit for the CCS team's focus on process improvement.
✨Engage with Stakeholders
Since the role involves working with global functions and stakeholders, think of examples where you've successfully collaborated with others. Be ready to explain how you’ve communicated complex information clearly and effectively, as this is crucial for influencing key areas in the role.