Jp Morgan Work Values

Daily Duties at Jp Morgan :

Supervise financial activities at Wealth and Assets Management of line of business (LOB). Present monthly, quarterly, and annual financial reports to managements and institutional investors. Manage portfolios worth over $2 billion with monthly disbursement of $160 million and reconcile multiple of corporate accounts and LOB financial statement.  Develop management tools to measure and analyze financial information of past, present, and expected operations and costs (e.g. Income statement, balance sheet, financial ratios, key performance indicators, and forecasting and integrated budget model and management reports)  Perform bank reconciliations on multiple bank accounts and perform account reconciliation for different accounts such as balance sheet reconciliations, P&L reconciliations, consolidation system reconciliations, and operational reconciliations.  Review monthly and annual financial statements of Wealth and Assets Management and analyzed link financial results to operational performance drivers generate alternatives and drive positive change. Run commentary and footnotes on income statement, balance sheet, cash floor statement, variances and actual.  Analyze Income statement, Balance sheet and cash floor statement, financial ratio, budget and forecasting according to GAAP.  Review compliance of business transactions with clients in accordance to corporate policy, GAAP and Sarbanes Oxley. Prepare IRS 5500 forms for clients.  Involve in preparation of annual budgets and forecasts for (Wealth and Assess Management - LOB) to corporate. Analyze monthly financial statement variances and recommend strategies to stay on budget.  Involve in financial planning, budgeting, procurement and investment activities of LOB.  Recommendation yielded a surplus budget for the department in 2007 and 2008 fiscal year. Involve in project preparation, appraisal and negotiation activities.  Recommend and champion enhancements in transaction processing system, e.g. funds movement transactions. Result of recommendation reduced significantly overall error eliminated 3 redundant processes, dropped 4 hours processing time and save the company from late fees.  Perform the analytics and review of the quarterly financial reporting package for a financial organization. This included guarantee assets (GA) buy up, guarantee obligation (GO), participation certificates residual, the gain/loss on sale of PC’s, and FAS 140/FIN45 income statement.  Document, analyze and validate accounting policy for numerous processes related to SFAS 140 and SFAS 115.

What they like about Jp Morgan :

Working in an organization that is technologically advanced, creative, and innovative is critical in your assessment of hiring companies. Less important to you are stability of the organization, the length of time an organization has been in business, and the business' plans for the future. You prefer a fast-moving company that will take risks to achieve its goals and objectives. The length of time the company has been in business is irrelevant. Maintaining status quo is unnecessary. You thrive on change, uncertainty and the upside of potential business risks, especially those associated with innovation. Stability for the long haul is not nearly as important as is working in an atmosphere that is charged with a sense of urgency and constant change.

Tags

Proficient MS Excel, ERP Finance, MS Dynamics GP, Bloomberg system and AS 400, Deltek Costpoint, InvestOne Enterp., PEOPLE SOFT, Accounting/Cash Management, Asset Valuation, Capital Budgeting Analysis, Budget, Forecast, Financial Stmt, Investment Banking, Portfolio Management, Securitized Products and Derivatives, Expert in Financial Modeling

Skills

Ecommerce Strategy and digital marketing channels optimization - SEO, SEM, email, affiliates - for high-profile accounts., Sales Support, Software Implementation, Requirements Analysis & Specification, Leadership

These are some of the questions we asked our climbers about their experiences with Jp Morgan :