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Higher Education & Nonprofit Banking
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Jeff Nordstrom serves as a Higher Education and Nonprofit Industry Solutions Specialist in J.P. Morgan’s Commercial Bank. With 20 years of experience in higher education, Jeff consults with organizations to understand their goals and operational challenges. This allows him to streamline processes and drive efficiencies and financial benefits. Ultimately, Jeff empowers organizations to focus on their mission.
Prior to joining J.P. Morgan, Jeff directed key controllership and treasury functions for Caltech, UCLA and affiliated nonprofits. In those roles, he led and participated in initiatives with diverse stakeholders, including: Redesigning advancement gift processes for better donor outreach; increasing productivity by implementing CRM systems with lockbox and ERP interfaces; optimizing campus cash receipts processes for accurate and timely recognition; enhancing ERP functionality for cash management with host-to-host bank transmissions to streamline reconciliations and improve cash reporting; leading the transition of banking, treasury, investment and custodial services, including innovative approaches, to better serve stakeholders and progress towards an automated, cashless and digital campus; and implementing ecommerce, merchant credit card and digital payments solutions to meet campus needs.
Jeff began his career at ARCO/BP as an internal auditor and developed a foundation evaluating business processes and internal controls. He leveraged this experience in diverse senior operational roles to achieve productivity increases and quality improvements in accounting, budgeting, reporting, treasury, trading operations, and financial planning and analysis. Jeff also implemented Oracle Financials to replace the legacy systems.
Jeff holds a Bachelor of Science in Business Administration from Pepperdine University and a Master of International Management from Thunderbird.
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