J.P. Morgan’s Global Market Infrastructures (GMI) is a global function within the Chief Administration Office (CIB), responsible for managing the Firm’s network of critical third party providers to meet the Firm’s requirements for cash and securities services for its proprietary and client activities. These critical providers include Financial Market Infrastructures (Payment Systems, Central Counterparties, Securities Depositories and Cheque Clearing Systems) and Agent Banks (cash correspondent banks, partner banks and securities sub-custodians and clearing banks).
GMI leverages the standards of the Firm’s Third Party Oversight (TPO) program to select, maintain and exit Financial Market Infrastructures (FMIs) and Agent Banks, and works closely with all the Lines of Business (LOBs) across the Firm.
Position with Roles and Responsibilities
The successful candidate will join the Practice Development team within GMI, responsible for managing and designing services that GMI provides to the Firm. The role will initially provide project support to the FMI Risk Program for a regulatory deliverable, and subsequently to help drive future Practice Development Program initiatives.
The candidate will provide project management support, business and data analysis to execute and report on the FMI Risk Program. This program covers governance and risk framework, regulatory guidance, policies and procedures, standard assessment protocol, change management process, remediation, independent testing, MIS and reporting.
The Project Support role will work closely with the Program Manager and Sponsor, as well as with other GMI, LOB and functional partners & stakeholders such as Product leads, Risk Management, Legal and Compliance, Corporate TPO, Operations and Technology. The role will support meeting project, program and workstream milestones and reporting, internal audit validation and program closure.
J.P. Morgan’s Corporate & Investment Bank (CIB) 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.