Global Private Bank- Deposit & Mortgage CFO - Executive Director

Join JP Morgan as a Chief Financial Officer at the Executive Director level and lead a team that supports Deposit and Mortgage finance functions at the Global Private Bank.

Job Summary

As the Global Private Bank Deposit & Mortgage Chief Financial Officer you will be the end-to-end owner of Deposit & Mortgage financial analysis and the finance partner to the Deposit & Mortgage business leaders within Wealth Management Solutions.

You will be responsible for financial forecasting and reporting to understand the health of the business in different macroeconomics scenarios as well as setting the appropriate level of reserves on the Mortgage portfolio.

The role will also be a key strategic partner to the business to make more informed business decisions with the goal of optimizing the returns of the Global Private Bank.

Given the current interest rate environment there is a heavy focus on these products, which will result in senior management exposure.

Job Responsibilities


* Serve as a strategic partner to the Global Private Bank Deposits & Mortgage Leadership Team by providing analytics and guidance which moves business development and aids in the execution of key business initiatives


* Understand and evaluate the financial impact of deposit & mortgage economics including; changes in the yield curve, Fed balance sheet actions, flows, product mix, and impacts from the respective pricing team (e.g., large client exception pricing, pricing reaction from competition and in the case of deposits alternative asset classes)


* Lead stress testing and related analytics which impacts the firm's capital adequacy assessment and its capital plan


* Continuously improve the way we do business through review of current practices/processes, identifying deficiencies and/or weaknesses, and delivering solutions to enhance the current control framework of the business, particularly through innovation employing automation technology


* Ownership of the Mortgage CECL reserves for the Global Private Bank through results analytics and partnership with management across Finance, Credit Risk, and the business


* Execute on ad-hoc requests from various stakeholders and senior management (e.g., AWM CFO, various business senior leaders, both AWM and Corporate Finance & Treasury organizations, etc.)

Required qualifications, capabilities and skills


* Experience in Deposits, Mortgages, and/or Fixed income


* Ability to take ownership and work independently as well as manage a team


* Analytical ability with capacity to tell the story and see the big picture


* Interact and communicate clearly and confidently with all levels of management, including the most senior level within the Global Private Bank & AWM


* Detail oriented, strategic thinker with skills in analysis, data synthetization, and acute decision making


* Sense of urgency; this person recognizes the importance of not only completing a task, but with the understand...