JPMorgan Payments – Unit Cost - Associate 

India, Karnataka, Bengaluru 

673183339

Job responsibilities:

• Develop an in-depth understanding of the financial hierarchy, business/product structure, cost objects and the Activity Based Costing (ABC) principle. With this understanding, the candidate will manage costing study refreshes in collaboration with multiple stakeholders. This includes defining activities and cost objects, establishing production expense base and determining the business drivers (e.g. headcount, volumes etc.) to be used.
• 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.
• Coordinate with CIB Allocations team to ensure unit costs are incorporated in the firm’s financial reporting system
• Serve as a subject matter expert who is able to quickly address questions and liaise with Product/Business management (across line of businesses – CIB, CB, CCB etc.) on queries relating to costing.

Required qualifications, capabilities, and skills:

• Qualified graduate with minimum of 3+ years of relevant financial services experience, with finance and/or operations experience
• 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)
• Strong work ethic, willingness to learn and a self-starter who is able to research issues/problems and develop solutions with the team