J.P. Morgan's Corporate & Investment Bank is a global leader across banking, markets andinvestor services. The world's mostimportant corporates, governments and institutions entrust us with theirbusiness in more than 100 countries. With over $23 trillion of assets under custody and $440 billion indeposits, the Corporate & Investment Bank provides strategic advice, raisescapital, manages risk and extends liquidity in markets around the world.
J.P. Morgan Wholesale Payments (WP) is one of the world's largest, most trusted andinnovative full-service providers of domestic and international cashmanagement, liquidity, commercial card, FX, escrow solutions and merchantservices. With more than 135,000corporations, financial institutions, public sector agencies and non-governmentclients in over 180 countries across the globe, we offer specialized solutionsthat provide operating efficiencies and value beyond other standardizedsolutions available in the market. Ourglobal product and technology platform, integrated client service model and networkof operational centers enable WP to deliver a consistent set of services toclients no matter where they are across the world.
J.P. Morgan Treasury Services Liquidity Solutions(LS) provides advanced solutions forclients to manage their global operating liquidity. Our product set operates globally inreal-time to support our most complex clients as they manage their liquidityacross legal entities, geographies, currencies and time-zones.
The landscape of liquidity and accountservices is rapidly changing, impacted by new technologies, FinTech entrantsand changing interest rate cycles. Ourclient demands are growing as new payment types emerge, cash flows become 24x7and technologies globalize. At the sametime market demands are rapidly changing. Large corporations, non-bank financial institutions, governments andbank clients are all evolving their own client relationships with increaseddirect selling, alternative payment channels, broader currency reach, tokenizedcash, wallets, etc. These changes mustbe aligned in context with a highly complex legal, regulatory, technological,market and tax environments. Embracingthese disruptions and integrating optimized working capital liquidity solutionsis integral to continued growth.
Within Liquidity Solutions, the Cash Concentration Product Managementteam is responsible for the design, execution and management of NotionalPooling, Physical Cash Concentration, Earning Credit Rates and Access LiquiditySolutions.
This VP position will be responsible for the development execution andday to day management of the Earnings Credit Rates product suite to ensure thebusiness develops and maintains delivery of market viable, regulatorycompliant, and risk controlled solutions for the EMEA Region..
Fully understand market requirements and contribute to development strategy for Earnings Credit Rates product. Working closely with other Liquidity Product Managers to provide innovative solutions globally.
Drive the growth of Earnings Credit Rates globally and across lines of business through management of client penetration targets and collaboration with other LOBs.
Manage day-to-day product activities.
Produce and monitor monthly reports of key performance indicators (KPI) to drive Product P&L revenue target and identify emerging balance and revenue trends.
Drive New Business Initiatives process as required.
Execute 'Ready to Launch/Sell' plan for new products and enhancements within the Region and ensure execution of post-implementation activities to monitor product performance and clients' utilisation of product features.
Work closely with functional partners pre and post releases to ensure new product functionalities are delivered as per specified business requirements.
Provide direct support to clients during and post implementation as required.
Manage day-to-day priorities in relation to the product by working closely with functional partners and by providing expert support to front, middle and back office.
Risk, Regulatory & Remediation Management
Ensure understanding and identification of the riskattributes to the Earnings Credit Rates product, including the client segmentsutilising the product.
Work closely withfunctional partners in Risk, Legal, Tax and Compliance to ensure newregulations are fully understood and acted upon efficiently and in a timelymanner. Ensure risks and impact by segment are fully understood and documentedappropriately.
Ensure strong controls are in place end-to-end,including all activities related to client on-boarding, operational processes, legal,compliance, accounting and tax. Ensure strong end-to-end product managementcontrol framework is maintained and updated in line with changes in legal andregulatory environment.
Work withfunctional partners in operations and technology to actively supportminimisation of manual processes and activities.
Actively identify,manage and remediate any risk issue and develop FORCE action plans asnecessary. Proactively contribute to regular product risk and compliancereviews.
Sales and Marketing
Support and participate in client meetings to drive growth.
Develop and drive the commercialization strategy for the product suite as part of wider value proposition.
Work with the functional partners to develop a 'Ready to Launch/Sell' plan which includes internal and external marketing communications for new initiatives and/or enhancements.
Drive the creation and delivery of training to functional partners on product mechanics, positioning and selling guidelines.
Ensure internal marketing material is comprehensive and up to date at all times. Work with the Global team to ensure global alignment as required.
Ensure comprehensive on-boarding and servicing procedures are in place and up to date. Work with the Global team to ensure global alignment where required.
Partner closely with the NA and APAC regional Earnings Credit Rates Product teams to deliver global solutions for clients.
Work with other lines of business (Investor Services and Commercial Bank) and functional partners to drive a collaborative environment to meet business objectives and manage end-to-end controls.
Qualifications / Experience
Exposure to regulatory environment and risk and remediation frameworksstrongly preferred.
Previous experience in Liquidity product set or Payments preferred.
Proven product and project management experience.
Banking knowledge, including knowledge of the TS business and LiquidityManagement.
Track record of strong partnerships with key stakeholders.
Liquidity and investment product knowledge desired.
Exposure to regulatory environment andrisk and remediation frameworks strongly preferred
Execution-oriented self-starter who likes to take initiative and is ableto deliver in efficient and effective manner.
Strong project management skills.
Strong verbal and written communications skills.
Strong financial, analytical and strategic skills.
Organizational and administration skills.
People management skills.
Strong understanding and appreciation of the regulatory and controlenvironment
Internal Number: 6719112
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