EMEA Prime Finance Business Management - Associate

JP Morgan

Location: Greater London

Job Type: Full time

Last updated

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The Global Equities business provides a wide range of innovative equities solutions to institutional, investor and issuer clients – from initial public offerings, secondary placements and equity-linked structures to private placements, equity derivatives products, cash equities trading (single stock trading, program trading, and Electronic Client Solutions), as well as Prime Finance (Cash & Synthetic Financing, SBL) and Derivative Clearing services

CIB Equities / Finance & Business Management (“F&BM”) is seeking an Associate level Business Manager (“BM”) based in London covering EMEA Prime Finance ("Prime"). The Business Manager focuses on the Prime product / line of business and provides local support to senior leadership, including the EMEA co-heads of Prime Finance, and is critical for driving strategic analysis, process improvement, financial analysis and business governance. The BM coverage will span multiple products (Cash Prime Brokerage, Synthetics (Single Stock Swap, Baskets, P-Notes), Stock Borrow Loan) and functions (Client Service, Product Development, Client Onboarding).

The Business Manager works across the organization to provide support to senior leadership, and is critical for driving strategic analysis, process improvement, financial analysis and governance/controls.

This role is within the CIB Equities F&BM organization under the leadership of Global Prime Finance Business Manager, and reports directly into the EMEA Prime Finance Business Manager. Responsibilities will focus on the EMEA region and include:

Drive EMEA Prime Business Growth and Strategy

  • Ensure implementation of local business strategies and help drive change
  • Run / maintain disciplined governance forums covering the priorities of the business / region
  • Track progress to ensure delivery; escalate issues and roadblocks
  • Provide analytics for business decisions
  • Analyze and understand the competitive landscape

Optimize EMEA Prime Business Performance

  • Understand all aspects / drivers of the business financials (revenue, expenses, balance sheet, capital etc.
  • Coordinate EMEA portion of the annual Plan / Budget process, as well as intra-year forecasting
  • Drive regular expense reviews to ensure targets are met; ensure compliance with expense policies
  • Assist in investment / productivity initiatives (headcount, technology, new products etc.)

Manage Business Risks

  • Assist with regulatory reform issues that impact the business
  • NBIA (New Business Initiatives)

Qualifications include:

  • 3-5 years work experience. Prime Finance / Prime Brokerage background and knowledge strongly preferred
  • Exceptional verbal and written communications skills
  • Good judgment, maturity and poise to enable interaction/influencing of senior management
  • Thoughtful analytical skills; able to develop, clearly present and draw conclusions
  • Strong project management skills
  • Self-starter able to prioritize key tasks effectively
  • Energetic, self-motivated and effective under pressure - must enjoy the challenge of working within a fast-paced and demanding working environment
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