JPMorgan Chase Wealth Management - Global FICC Product Management, Assoc/VP in New York, New York
J.P. Morgan Asset & Wealth Management, with client assets of $2.4 trillion, is a global leader in investment and wealth management. Its clients include institutions, high-net-worth individuals and retail investors in every major market throughout the world. The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds. For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits.
The FICC Product Management Team sits within the Capital Markets Solution Team, and works in conjunction with the FICC Trading Desk Heads & Control Support Functions to achieve & support the following agendas:
New Product & Business Solutions
Trading Desk Improvements
Day-to-Day Business Management
Associate/VP level position within the global FICC product management team, to specifically focus on the risk & control and regulatory agenda for the global FICC business.
Key Responsibilities Include:
Regulatory focus, understanding the regulatory environment, translating requirements into controls for the trading business
Run the weekly office of obligation (OLO) process
Run the annual Risk & Control Assessment Process, and conflicts of interest for the FICC business
Key business participant in audits & audit remediation
Work with FICC Solutions & Product Managers to review procedures, to ensure all processes are properly documented
Partner with Legal, Compliance, and Risk to identify and address areas of risk and regulatory exposure across multiple asset classes
Develop and manage project plans though strategy development, project definition, solution development, agreement, and implementation
Develop and communicate updates for senior management
Coordinate initiatives across regions to bring consistency between the US, EMEA, Asia, and Latam
Build detailed knowledge of trading systems and front / middle / back office process flows
Numerous projects will require effective partnership with the following groups: Investment Leadership; Business Management; Legal and Compliance; Technology and Operations; Risk Management; Marketing; Finance; and Tax
Proactive, accountable, and detail oriented work ethic
Organized and comprehensive project management approach
Enjoy working in a fast-paced and demanding environment
Confidence and skill to both develop and recommend solutions to business leaders as well as influence them to transform the current state
Ability to quickly analyze current business practices to identify risks, inefficiencies, and opportunities and develop innovative solutions
Strong written and verbal communication skills to communicate problems, solutions, and step by step instructions on how to implement them. Must be able to communicate with senior management to market participants, sales people, and technology staff equally effectively.
Detailed understanding of how trading systems work and an intuitive understanding of how a trader will use those systems
Ability to reduce complex problems into component parts and find innovative solutions to a wide variety of compliance, legal, technological, and behavioral constraints.
Ability to identify and question implied assumptions, and exploit faulty assumptions to improve processes and systems
5-7 years of Project Management. Regulatory and Risk & Control experience, specifically in large-scale project planning and product management
Familiarity with Fixed Income, FX & Commodities markets
3-5 years of financial markets experience in Fixed Income and Trading Products
Understanding of market trading conventions, settlement procedures, systems, and protocol in a wide variety of asset classes required.
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.