Quantitative Research Intern - Risk and Treasury

Form Energy has closed a $270 million credit facility to support its energy storage technology development. The facility comprises a revolving credit facility and a tax credit advance facility linked to Section 45X Advanced Manufacturing Production Credit. An accordion feature allows the facility to expand to $1 billion. Barclays served as sole structuring bank, with Citi, Jefferies, JPMorgan Chase, RBC Capital Markets, Societe Generale, Stifel, and Wells Fargo participating in the lending syndicate. The financing follows Form Energy's $750 million Series G funding round in August, bringing total equity raised to over $2 billion. Proceeds will fund manufacturing scale-up and working capital as the company produces iron-air battery systems at its Weirton, West Virginia facility.

How Jim Connell scales JPMorgan Chase's supplier diversity. September 21, 2026 Jim Connell, CPO and Head of Global Supplier Services at JPMorgan Chase, has been ranked a global procurement leader for his work on sourcing strategy Jim Connell, Chief Procurement Officer and Head of Global Supplier Services at JPMorgan Chase, ranked fourth in Procurement Magazine's Top 250 Procurement Leaders list. He was appointed by the company in February 2020, specialising in strategic sourcing and corporate third-party oversight, integrating risk controls with large-scale procurement efficiency. Jim oversees complex third-party networks at JPMorgan Chase, ensuring the organisation's spending aligns with broader business objectives while maintaining strict compliance standards. He leads the company's use of machine learning to strengthen supplier risk monitoring at scale, screening for emerging threats before they reach the balance sheet. Leaders at the top of the list: * Marcelo Stefani - Executive Vice President and Global Chief Procurement Officer for PepsiCo * Jennifer Moceri - Vice President of Global Procurement & Chief Procurement Officer at Google * Klaus Staubitzer - Chief Procurement Officer and Head of Supply Chain at Siemens AG * Jim Connell - Chief Procurement Officer and Head of Global Supplier Services at JPMorgan Chase * Karsten Schnake - Member of the Board of Management for Procurement at Volkswagen Group Building a career across sourcing and risk. Jim spent more than six years at Citizens Bank, RBS Group, as SVP and Chief Procurement Officer. Before joining JPMorgan Chase, he led the procurement operations at Citizens Bank and RBS Americas, overseeing US$1.7bn in third-party spend. He also held responsibility for US$45m in travel spend for Citizens Bank across the 8 countries of RBS Americas. Throughout his twelve years at JPMorgan Chase, Jim has held several leadership roles, including Head of Corporate Third Party Oversight and Head of Strategy and Shared Services for Strategic Sourcing. Procurement Mag now merge sentiment data with insights from over 60 other sources. Jim Connell, CPO and Head of Global Supplier Services at JP Morgan Chase Strengthening supply with AI. JPMorgan Chase has used machine learning models for years to scan millions of news articles daily, screening for potential risk around its critical suppliers before it becomes a material issue. In May 2024, he oversaw the deployment of JPMorgan Chase's internal generative AI and machine learning tools across Global Supplier Services. The AI technology automates contract risk evaluation and vendor onboarding across its global supply chain. At the SIG 2024 Fall Global Executive Summit, Jim said: "We now merge sentiment data with insights from over 60 other sources, including cybersecurity and financial risk data, to proactively identify potential compound risks in our supplier base." Driving supplier diversity. Jim has played a key role in expanding supplier diversity through the procurement operations at JPMorgan Chase. In 2017 the company launched its Gold Supplier programme, aiming to bring industry leaders together to increase value as a unit. The initiative also targets relationships with JPMorgan Chase's leading suppliers, from major businesses to smaller enterprises. JPMorgan Chase revealed that it reached its five-year goal of spending an additional US$750m with Black, Hispanic and Latino-owned businesses in 2023, two years ahead of schedule. Key companies. Headquarters: New York, US CEO: Jamie Dimon Founded in 1799 through its predecessor institutions, JPMorgan Chase & Co. is a leading global financial services firm. It operates across investment banking, commercial banking, asset management and consumer finance. Managing multi-billion-dollar enterprise spend, JPMorgan Chase leverages advanced AI-driven procurement systems, third-party risk management frameworks and supplier diversity initiatives. Headquarters: Rhode Island, US CEO: Bruce Van Saun Citizens Financial Group is one of the oldest and largest regional financial institutions in the United States. The company operates across retail, commercial, private banking and wealth management segments. Citizens manages broad third-party supply chain operations, deploying automated vendor onboarding, analytics-driven risk evaluation and localised supplier diversity programmes. Executives. * Jim Connell managing director, Head of Global Supplier Services, Chief Procurement Officer. Company Portals

JPMorgan AWM operations head Julie Harris to retire in 2027 - report. Fred Crosnier willtake over leadership of AWM operations from 1 Januaryand report to AWM CEO Mary Callahan Erdoes. Julie Harris, who oversees operations for JPMorgan Chase's asset and wealth management (AWM) division, plans to retire in early 2027, according to an internal memo seen by Reuters. The bank has appointed Fred Crosnier to take over leadership of AWM operations from 1 January. He will report to AWM CEO Mary Callahan Erdoes. During Harris' time in the role, the bank's asset and wealth management business expanded to more than $8tn in client assets under supervision, from about $2tn. "Julie has been one of the most influential leaders in AWM's transformation over the last decade. Since joining the firm in 2017, she has challenged us to rethink legacy ways of working, championed smarter and more scalable solutions," Erdoes said in the memo. Harris joined JPMorgan in 2017 and also holds the position of chief administrative officer within the division. Crosnier started his career with JPMorgan in France and rejoined the bank in 2019 after senior roles elsewhere in financial services. JPMorgan said it would name a replacement for Crosnier in the asset management operations position later. Separately, Wells Fargo is stepping up its hiring of financial advisers after a five-year overhaul of its wealth management unit, Bloomberg reported. The current push is focused on independent advisers, who are not salaried by the bank but use its platform. In a statement to Private Banker International at the time, Wells Fargo Advisors head Sol Gindi said: "Wells Fargo Wealth & Investment Management continues to attract high-quality advisor talent across markets throughout the United States. Its multichannel model gives advisors the flexibility to choose the business structure that best aligns with how they wish to run their practice and support clients' needs. "For those serving high-net-worth and ultra-high-net-worth clients, our integrated Private Wealth offering provides specialised planning, investment, trust, and banking solutions designed to serve even the most complex clients." Give your business an edge with its leading industry insights.