CIB – Custody & Funds Services - Cash Product Management – Vice President
Req #: 180020907
Job Category: Investment Banking
About J.P. Morgan
J.P. Morgan is a leading global financial services firm with assets of $2.1 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. If you are interested in working in an environment where leadership, excellence, initiative and diversity are amongst our core values, then we welcome you to explore the opportunities at JPMorgan. Information about J.P. Morgan is available at www.jpmorganchase.com.
About J.P. Morgan Corporate & Investment Bank
J.P. Morgan's Corporate & Investment Bank (C&IB) is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Custody and Fund Services
Custody and Fund Services, a division of J.P. Morgan Chase Bank, N.A.’s Investor Services business, is a global industry leader with 17 trillion in assets under custody. J.P. Morgan provides innovative custody, fund accounting and administration and securities services to the world's largest institutional investors, alternative asset managers and debt and equity issuers. J.P. Morgan's Custody and Fund Services business is comprised of Custody, Accounting, Transfer Agency, Middle Office outsourcing, Foreign Exchange, and other activities related to servicing assets for traditional and alternative funds; it leverages its scale and capabilities in more than 100 markets to help clients optimize efficiency, mitigate risk and enhance revenue through a broad range of investor services as well as securities clearance, collateral management and alternative investment services investments around the world.
Business Overview & Role Description:
The EMEA Custody Cash Product Manager will be responsible for product definition and financial performance of the payments and cash management offering across Custody and Fund Services as well as the Agency Clearing, Collateral Management and Execution business (which are generally the sources of the cash balances). The scope of this role will cover the EMEA businesses. Importantly, the Cash Product Manager will work closely with the Product Control team, regional Risk, Compliance, Treasury Services, Asset Management, and Corporate Treasury who are the key partners in the delivery of this product.
Support the implementation of the strategic program to deliver payment and cash management services in the EMEA for CFS clients
Support, development, implementation, and management of the cash management operating model and account structure for non-treasury supported markets including supporting free cash, 3rd party FX, and other payment products
Drive the investment initiative, NBIA and OCC processes for emerging markets
Support the regional cash model build-out
Ensure client service issues around cash management processes in emerging markets are prioritized and resolved.
Support the ongoing development of the cash strategy and requirements for infrastructure required for both the global custody business and the sub-custody business
Requires close coordination with the Treasury Services division of CIB, which is responsible for the cash management and cash payments infrastructure for the firm, including all investments and development efforts related to that infrastructure
Support Ad-hoc research and resolution of daily issues, data requests, reporting requirements, as well as regulatory requests
Keep abreast of industry trends, regulatory changes and buying behavior patterns.
You must be able to demonstrate your liquidity product and/or cash management expertise, preferably working with Investor Services clients
Track record of identifying product gaps and representing client requirements to assist in prioritizing product development
You must have experience of analyzing complex information from variety of sources
You must be able to demonstrate effective communication, presentation and influencing skills
Ability to work well in a matrixed and complex organization, with clear, results driven focus
Proven ability to partner well, particularly as part of a global business
Undergraduate degree required; MBA, Accounting, Treasury, Securities or Investment business qualifications preferred
JPMorgan offers an exceptional benefits program and a highly competitive compensation package.
JPMorgan is an Equal Opportunity Employer.