Risk Control Analyst

The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

Operations teams develop and manage innovative, secure service solutions to meet clients’ needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.

Employer Description

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

Job Description:

Network Management collaborates with various lines of business to optimize network costs. The Network Management Pricing team is responsible for conducting pricing analysis to support negotiations and reviews with business lines.

As a Pricing Analyst within the Corporate & Investment Bank, you will be responsible for conducting comparative pricing analysis, tracking pricing analysis from inception to implementation, maintaining records of executed fee schedules, enhancing data quality, responding to diverse market-specific inquiries, providing ad-hoc reporting to Senior Management, developing an understanding of the different lines of business, taking the lead on more complex repricing requests, and working closely with the supervisor. This role provides an opportunity to apply your strong analytical and data skills, problem-solving and creative thinking skills, and your ability to develop strong working relationships with stakeholders.

Job Responsibilities:

• Conduct comparative pricing analysis by analyzing existing and potential fee based pricing and interest rates applied to transaction volumes, safekeeping values and cash balances to support Network Managers in negotiating financial benefits.
• Track pricing analysis from inception to implementation and ensure proper documentation for realized savings.
• Maintain records of executed fee schedules and ensure that relevant teams are informed of newly executed fee schedules to ensure timely and accurate implementation.
• Enhance data quality by identifying and addressing data anomalies in collaboration with relevant teams, conducting root cause analysis and implementing preventive measures as needed.
• Respond to diverse market-specific inquiries, considering the varied pricing schedules across agent banks and any country-specific nuances.
• Provide ad-hoc reporting to Senior Management on the overall financial relationship with agent banks.
• Develop an understanding of the different lines of business that utilize the network and how activity varies across lines of business to assess how pricing impacts each line of business.
• Take the lead on more complex repricing requests and review less complex repricing done by other team members.
• Work hand-in-hand with the supervisor to understand the business nuances and fill-in for the supervisor in their absence, as and when needed and be able to take up, some of the supervisory tasks on a regular basis.

Required Qualifications, Skills, and Capabilities:

• Strong analytical and data skills, with the ability to understand and work with structured data to perform complex data analysis.
• Demonstrated problem-solving and creative thinking skills.
• High level of proficiency in Microsoft Excel is essential.
• Exceptional attention to detail, with the ability to absorb information, identify potential data quality issues, and take ownership of their resolution.
• Ability to develop strong working relationships with stakeholders.
• Excellent communication, presentation, and engagement skills, with the ability to interpret complex information and effectively communicate data-driven stories to more senior audiences.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.

Preferred Qualifications:

• A background in financial services with an understanding of transaction banking financial arrangements is preferred.

About the company

J.P. Morgan is a leader in financial services, offering solutions to clients in more than 100 countries with one of the most comprehensive global product platforms available. We have been helping our clients to do business and manage their wealth for more than 200 years. Our business has been built upon our core principle of putting our clients' interests first.