You are a strategic thinker passionate about driving solutions in “Analytics”. You have found the right team
As a Unit Economics Associate within the J.P. Morgan Securities Services, you will play a crucial role in assessing and determining the unit cost of products and services. You will leverage your analytical skills and knowledge of cost accounting principles to perform in-depth analysis, create financial models, and identify cost optimization opportunities. Your work will directly contribute to our pricing strategies and overall profitability. We value collaboration and continuous improvement, and we are looking for someone who shares these values and is ready to make a significant impact on our operations.
Job responsibilities:
- Collect and examine data concerning costs, revenues, and other financial metrics at the unit level. Perform in-depth analysis of operational processes to ascertain the cost per unit for different operational categories. This involves understanding both variable and fixed costs linked to each unit.
- Create financial models to predict future performance by analyzing historical data and market trends. Utilize these models to estimate unit costs and evaluate the effects of onboarding new businesses or clients, with a quantified impact on operations.
- Identify opportunities to reduce costs and improve efficiency at the unit level. Work with cross-functional teams to implement cost-saving measures and improve profitability
- Analyze pricing strategies and their impact on unit economics. Provide recommendations for pricing adjustments to optimize revenue and profitability.
- Prepare presentations on unit economics findings. Communicate insights and recommendations to stakeholders, assist in making changes to the cost to serve models basis insights
- Perform scenario analysis to evaluate the potential impact of different clients business mix or external factors on unit economics.
- Collaborate closely with the Product, Finance, Billing, and Operations teams to ensure alignment on financial objectives and strategies. Strategically gather the necessary data, including headcount, financial figures, volume metrics, and details of manual processes performed.
- Monitor and refine unit economics models and methodologies to ensure accuracy and relevance.
- Work independently, collaborate with teams across different locations, and possess excellent written and verbal communication skills. A commitment to fostering an inclusive culture and valuing diverse perspectives is also important
Required qualifications, skills and capabilities
- A bachelor’s degree or equivalent is required in accounting, finance or a related field
- At least 8 years of experience in data analytics at a major financial institution.
- Experience leveraging data to support business decision-making
- Demonstrate strong attention to details, problem-solving and critical thinking
- Ability to multitask and manage multiple research/analytics projects at the same time
- Detail-oriented with a high level of accuracy in work
JPMorganChase, 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, color, 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.
