CIB - Custody & Fund Services - Product Management: Product Head - Executive Director

JPMorgan Chase & Co.

Experience
Responsibilities
Company Type
Workhours
 
The Role
 
The DC Product Manager for United Kingdom is the senior product executive for the Direct Custody Product in that location with ultimate responsibility for all aspects of custody service in that location, specifically as it relates to the transaction processing  and asset servicing of securities held in that market.
The Product Manager is responsible to see that the present and future product offering keeps pace with client expectations, is competitive in relation to peers and is compliant with all relevant market regulations and J P Morgan policies while maintaining a healthy profit margin.
 
Key Responsibilities:
  • Full ownership of the product P+L with the appropriate understanding and decision making regarding all significant drivers, risks and opportunities.
  • Lead, develop and execute the product strategy for United Kingdom in line with the overall global direction of the Custody and Funds Services product
  • Represent the Product in all interactions with local regulators and act as lead advocate for the product with market infrastructure and trade representative groups
  • Overall ownership of all documentation related to the Product
  • Ensure all clients are fully satisfied with the JPM service through responsible relationship management and client engagement.
  • Plan and deliver a co-ordinated program of innovative market information that is delivered to clients efficiently and in a variety of formats.
  • Co-ordination across Operations, Service and Technology to ensure an agenda for product development is delivered in line with the overall strategy YOY.
  • Partner with Compliance to ensure the product operates within the parameters of all relevant regulatory strictures
  • Ensure a focus on Risk and Controls across the business where issues are identified, escalated and managed effectively and transparently
  • Plan, develop and deliver solutions that deliver tangible benefits to end customers of JPM.
  • Full support of the end-to-end sales process
  • Be a principled leader in aspects of culture and conduct.
Qualifications / Skill Sets
  • Custody experience in the UK Securities market with detailed knowledge of the market participants, local regulations, product nuances, client requirements and market practice, all of which can be practically demonstrated through existing relationships, past experience and previous achievements.
  • Extensive experience in the Securities Services industry.
  • Exceptional communication and presentation skills with a capability to deliver concise clear messages  and ability to leverage the wider organisation to meet objectives
  • A good understanding of controls and how to apply them to different processes and businesses
  • A key differentiator for the product is local market expertise and the individual needs to be established as a significant market participant with a clear responsibility to represent our clients in market discussions / topics / seminars / consultations. In addition these developments need to be communicated to clients in a way that ensures they remain interesting and topical.
  • The Direct Custody Product is always is always  at the core of a number of services, including Global Custody, FX, Funds Administration, Cash Management and it is essential that the individual will ensure over a period of time that they develop an acute understanding of the links with these other areas and the relationship they have with Direct Custody.

This role encompasses the performance of UK regulated activity. The successful candidate will therefore be subject to meeting UK regulatory requirements in the assessment of fitness, propriety, knowledge and competence (as assessed by the Firm) and (where appropriate) approval by the UK Financial Conduct Authority and/or the Prudential Regulation Authority to carry out such activities. 

 

About J.P. Morgan’s Corporate & Investment Bank:
 
J.P. Morgan’s Corporate & Investment Bank 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.  Further information about J.P. Morgan is available at www.jpmorgan.com. 
 

“JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer and a member of the UK Government’s Disability Confident Scheme.”
 
Closing date : October 16, 2018

 

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Confirmed 8 hours ago. Posted 30+ days ago.

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