Securities Services - Global Custody Sr. Product Manager - Executive Director (ED)

Posted 4 Days Ago
Be an Early Applicant
Toronto, ON
Hybrid
Senior level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
The Securities Services - Global Custody Sr. Product Manager will lead the implementation of the custody strategy in Canada. Responsibilities include liaising with market infrastructure, managing risks, coordinating product development, and ensuring compliance with regulations.
Summary Generated by Built In

Job Description
J.P. Morgan's Commercial & 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 approximately $30.0 trillion of Assets under Custody and over $500 billion in cash deposits, the CIB provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
About J.P. Morgan Securities Services
J.P. Morgan Securities Services, a division of the Commercial & Investment Bank, is a unique combination of related, complementary businesses, working together to provide our clients with seamless end-to-end solutions across the spectrum of custody and fund services, financing, execution and clearing, all with the objective of helping our clients succeed. These product families occupy a top-tier position in the industry in their own right and this combination provides an expanded, integrated and best-in-class suite of end-to-end capabilities.
Custody and Fund Services provides middle office, custody, accounting and administration services for asset owners and fund managers including mutual funds, hedge funds, private equity, real estate funds, pension funds and fund of funds.
The Canadian product manager is expected to drive and maintain servicing capabilities consistent with local market practices and as a key contributor to the Custody business globally.
Job Responsibilities

  • Lead product role in the implementation of the Canadian custody strategy, understanding of the Operating model for the Canadian market
  • Liaise with the local market infrastructure and service providers
  • Lead, develop and execute the market infrastructure strategy in line with the overall global direction of the Securities Services product line
  • Articulate the competitive proposition and key differentiators for JPM regarding the market, significant business drivers, opportunities and risks.
  • Represent the custody product and the underlying clients in all interactions with local regulators and act as lead advocate for the product / clients with market infrastructure and trade representative group with overall ownership of all documentation related to the product
  • Plan and deliver a co-ordinated program of innovative market information that is delivered to clients efficiently and in a variety of formats.
  • Coordinate across Operations, Client Service, and Technology to ensure an agenda for product development is delivered in line with overall market strategy
  • Partner with local and functional Compliance to ensure the custody 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


Qualifications
This role is varied, demanding, requires the ability to think strategically and partner with diverse teams to drive efficiency and process enhancement. In order to be successful in this role, the individual should have the following background and skill set:

  • Minimum of 10 years custody experience in Canada with detailed knowledge of the custody lifecycle including safekeeping, settlement, and all facets of asset servicing including corporate actions, income processing, proxy services, and tax product.
  • Detailed knowledge of market participants, local regulations, client requirements and market practice, all of which can be practically demonstrated through existing relationships, past experience and previous achievements.
  • Preferably 15 years' 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
  • Good organizational skills - manages & prioritizes multiple tasks across different time horizons within deadlines
  • Solid understanding of business process and how to apply appropriate risk controls
  • Proven ability to manage teams as a direct and dotted-line manager as well as across support areas as part of overall delivery of objectives
  • A good understanding of the regulatory environment, its evolution and ongoing impact on the custody product


Key strengths of the successful Candidate

  • Preferred candidate would be based locally and have deep knowledge of the Canadian market
  • Will be a confident and driven character who has an ability to deal with people and teams at all levels and can manage to enlist their support for key initiatives.
  • The nature of the business means it is essential that they can cover a variety of activities over an extended time period and ensure that focus is prioritized appropriately
  • 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.


About Us
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. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of 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/Veterans
About the Team
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
J.P. Morgan delivers investor solutions that help clients protect their portfolios, optimize their efficiency and maximize opportunities in diverse global markets. Teams support clients across a global custody network spanning 100 markets, with custody and asset servicing, fund accounting and administration, alternative investment services, integrated analytics, agency lending, collateral management and depositary receipt solutions. Clients include asset and fund managers, asset owners, banks and broker-dealers, hedge funds and alternative investors, and insurance companies.

What the Team is Saying

Nick S.
Lupe C.
Edwin T.
Dawn T.
Meng M.
The Company
HQ: New York, NY
289,097 Employees
Hybrid Workplace
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

Gallery

Gallery
Gallery
Gallery
Gallery
Gallery
Gallery

JPMorganChase Teams

Team
Product + Tech
About our Teams

JPMorganChase Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: Flexible
Company Office Image
HQNew York, NY
SG
Bengaluru, Karnataka
Bournemouth, GB
Brooklyn, NY
Buenos Aires, Avaya
Chicago, IL
Dallas, TX
Dublin, IE
Glasgow, GB
Houston, TX
Hyderabad, Telangana
London, GB
Mumbai, Maharashtra
Philadelphia, PA
San Francisco, CA
Tampa, FL
Westerville, OH
Wilmington, DE
Learn more

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account