JP Morgan Chase
Intraday Liquidity Product Owner - Americas, Vice President
JP Morgan Chase, New York, NY
Treasury / Chief Investment Office (T/CIO) could be described as JP Morgan Chase in miniature. Nearly every aspect of business at JP Morgan Chase is functionally represented and visible from the roles within the Corporate Treasury & Chief Investment Office. Each subject offered at an academic depth and breadth of scope only possible in a GSIB Financial institution; from trading to technology, research to reporting, strategy to systemic risk management.As an Product Owner, Vice President, in the Intraday Liquidity Product Owner team within T/CIO, you will be a key member of the global IDL team led from New York, partnering with the wider global funding team on managing intraday liquidity, and driving targeted projects to enhance the firm’s capabilitiesTo be successful in this role, you will need a basic understanding of funding & money markets & a capacity to learn quickly along the way. You should possess knowledge of the payments landscape and infrastructures, as well as curiosity on the way money moves around the world. The team focuses on operations with central banks across +16 currencies; USD, EUR, GBP, JPY, MXN, BRL, HKD, CNH, AUD, MYR, PHP, SGD, ZAR, IDR, THB, TRY, ARS etc. This knowledge combined with advanced project management skills, creativity, and high level of organization will be leveraged daily to deliver new application features in a zero to one fashion.As an Americas Product Owner, you will function as a regional executive leader managing the Americas book of work, stakeholders, and controls framework execution. It requires curiosity and a desire to understand funding & money markets, the payments landscape and infrastructures, and operations with central banks specifically for the Western Hemisphere currencies; USD, MXN, BRL, CLP, COP, ARS etc. This knowledge will be leveraged daily to maintain and enhance IDL. Amongst the approximately 1,000 IDL end users, the primary partners for this role are the global heads of treasury, Treasury Funding, Line of Business Treasury teams, Liquidity Management, Liquidity Risk Management, Operational Risk, Wholesale Payments Operations, Cash Account Management and Technology teams. The Product Owner function sits within middle office roles facing off with stakeholders predominantly in Treasury’s front office.These partner teams, and the IDL team, are globally distributed therefore the ability to effectively collaborate and communicate with remote stakeholders and contributors across time zones is essential.TCIO is responsible for firm’s balance sheet management, asset & liability strategy, trading and issuance related to hedging & corporate actions, trading and issuance to manage the firm's funding and liabilities, aggregating and managing the firm’s liquidity and interest rate risk, managing the risk weighted asset and capital measurement processes, reporting and engagement with global regulators, establishing funds transfer pricing policy, and aggregating Legal Entity and Line-of-Business Treasury functions into one centralized firmwide view. In turn we employ the product, operations, technology, innovation, controls, finance, and business management functions that support that business activity.The Intraday Liquidity (IDL) function sits within Corporate Treasury and predominantly leverages a proprietary application of the same name, Intraday Liquidity (IDL), to look after all of the firm’s global cash & payments activity. The Intraday Liquidity system monitors up to 54,000 transactions per second globally to provide a real time firmwide net liquidity position. The IDL Corporate Treasury Middle Office team (CTMO) oversees the product ownership and end-to-end platform management that provides that intraday transparency. The team and application function as a payments technology application start-up within the confines of JP Morgan as a company, with the firm itself as our primary client. The team interacts with global regulators, clearing houses, Financial Market Infrastructures & Utilities, Wholesale Payments Technology, Treasury Funding, IDL Management, Liquidity Strategy, Liquidity Management, Liquidity Risk Management, and the lines-of-business teams to develop and maintain the Intraday capability. The IDL Product team invests the bulk of its time in the design, development, & delivery of new solutions within the Intraday application and Treasury function.Job Responsibilities: Own the Americas region and its book of work within the IDL application, focusing on all things USD & LatAmOwn Intraday demand from global sub-products centered around USD like Systemically Important Payments & Short Term Cash Flow ForecastingPrioritize all initiatives in the region and shaping the user experience from data sourcing to user interface aestheticsDrive enhancements to the IDL application through SDLC, agile prioritization, requirements gathering, testing, and presenting enhancements to senior stakeholder audiencesDevelop strong partnerships with stakeholders to understand the evolving payments landscape Lead projects end-to-end, working with cross-functional partners across areas of improvement to propose and implement solutions.Use analytical frameworks, data visualization, and data sourcing tools to help articulate problems at hand, facilitate alignment across multiple partners, and reach relevant, actionable answers to challenging and ambiguous problemsAccess and manipulate large databases of payments data to perform analytical due diligence to identify problems, design solutions, and provide requirements to technology Leverage creativity and ability to “see around corners” to remove roadblocks and take advantage of opportunitiesSupport the execution of the program strategy, including but not limited to analyzing existing standards and operating model budget & business management, supporting the implementation of the target state operating model on various business use casesRequired Qualifications, Skills, and Capabilities:5+ years of experience in foreign exchange, payments, treasury, consulting, business operations, finance, or a fin-tech/start-up environmentBachelors’ degree requiredExperience with data analytics, SQL, python, Tableau, or similarStrong MS Excel and MS PowerPoint SkillsStrong relationship builder who can tailor communication style and substance to your audienceStrong project mindset, able to identify solutions and execute to conclusionQuantitative and analytical skills, well adapted to working with and sourcing data, prioritizing attention to detail to ensure its qualityOrganized, self-motivated, driven and able to work individually and collaborativelyUnderstand how a business operates and can quickly synthesize information, distill key points, and make connections that lead to innovative business solutionsWork independently and thrive in fast-paced environmentsComfortable presenting to a wide spectrum of seniorityPreferred Qualifications, Skills, and Capabilities: Successful at solving complex problems at scale and enjoy working with global partnersIntellectually curious and love to learn about new things, you ask a lot of questions, and you’re quick to grasp new conceptsThe how doesn’t bother you, and you in fact enjoy discovering new ways to get things done Capable of approaching questions with scientific rigor, but can execute pragmatically -- the simplest solution may be the best at timesWorking knowledge of SDLC and Agile You can get your hands dirty in the details but are also creative and see the big pictureDemonstrable experience with developing meaningful narratives around data
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/VeteransOur professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.Full timePosting Date: 2024-11-06