Job description


  • Entry level
  • No Education
  • Salary to negotiate
  • New York City


Wealth Management - Deposit Pricing AnalystAbout J.P. Morgan: J.P. Morgan is a global leader in financial services, working incollaboration across the globe to deliver the best solutions and advice to meetour clients' needs. We operate in 100 countries, and hold leadership positionsacross our different lines of businesses. We have an exceptional team ofemployees who work hard to do the right thing for our clients and the firm.This is why we are the most respected financial institution in the world - andwhy we can offer you an outstanding career.
About Global Wealth Management: With more than 160 years of experience,J.P. Morgan Private Bank is a global wealth management leader that delivers thehighest quality advice, service, capabilities and products to high net worthindividuals and families around the world. We deliver highly customized andcomprehensive solutions to help clients with the many complexities they face ontheir balance sheets by leveraging the Private Bank's products and solutions.The Private Bank is involved with every facet of wealth management, includinginvestments, liquidity and credit management, and tax and estate planning. Ourbusiness model focuses on deep client relationships through an integrated teamstructure with a platform of depth and breadth.

Role and Responsibilities: The Deposit Pricing Analyst is an integralpart of the Banking Practice and responsible for executing key deliverables.
General responsibilities include:

- Utilize qualitative and quantitative tools to analyze, synthesize and interpret large amounts ofdata and information to advise WM deposit pricing
- Understand and define business needs in the context of tactical short-term and longer term objectives
- Measure results of practice campaigns, programs & initiatives; Communicate these results inlight of business priorities & processes in a simple and compelling manner
- Be an agent for change - identify gaps and opportunities for improvement in the way we dobusiness and recommend solutions
- Develop rapport with members of the teams within and across regions

Specific responsibilities include:

- Help manage and set daily interest rates for Global Wealth Management's deposit product suite
- Recommend and present rate change proposals and analysis at monthly rate committeemeetings
- Build and maintain models and databases in order to evaluate the impact of deposit rate changes onnet interest income
- Be an expert on the current interest rate environment and competitive landscape
- Be an agent for change - identify gaps and opportunities for improvement in the way we dobusiness and recommend solutions
- Collaborate with other deposit business lines to understand their deposit pricing strategy
- Complete ad-hoc analysis in support of the overall deposits business' objectives

We seek candidates with a unique blend of interpersonal and analytical skills. Private Banking Analysts efficiently leverage both qualitative and quantitative resources to understand complex financial situations and present solutions. Specific qualifications include:

- A minimum overall undergraduate GPA of 3.0
- Completed undergraduate degree in 2016, 2017 or 2018
- Up to 2 years of experience in wealth management
- Proficient using Microsoft office programs including Excel, Access & Power Point
- Proven ability to utilize analytical skillset to solve business problems
- Excellent communication & poise while presenting solutions/findings
- Demonstrated aptitude for sales and client relationship management
- Genuine interest in financial markets and macro-level economic trends
- The ability to be a dynamic member of a team
- Strong initiative, energy and confidence completing projects with limited supervision
- Good judgment and discretion working with highly confidential information

  • .net
  • access
  • excel
  • relationship
  • tax