This role will require end to end partnership and liaison with key stakeholders in the Business, Operations, Compliance, Risk, Legal and the network of agent banks and Financial Market Infrastructures. This role will report directly into the regional Network Management head.
Job responsibilities:
Accountable for managing all aspects of Agent Cash Bank relationships in selected markets, this will include:
- Accountable for completing the Due Diligence and Final Assessment Report activities for assigned markets and Agent Banks within regulatory, policy and procedural deadlines
- Identifying risks and exposures impacting JPMorgan’s Lines of Business, stakeholders, and other key cross-functional partners and working across partners and stakeholders to identify solutions and mitigants.
- Providing thought leadership around market and regulatory change, having a deep understanding of how this will impact the Businesses and clients.
- Accountable for the delivery of agent bank change in assigned markets, identified via the due diligence process, business and client needs.
- Accountable for achieving fee reductions identified via the pricing strategy and support audit requirements as required
- Represent Network Management in new business initiatives (NBIs), to evaluate and identify risks associated with new / prospective engagements, products or businesses.
- Accountable for management of crisis events impacting the covered markets, communicating and coordinating activities across stakeholders and partners
Required qualifications, skills and capabilities:
- Previous experience in the payments industry with strong subject matter expertise and understanding of payments products and systems i.e. types and channels and the regulatory environment preferred
- Previous experience working with agent banks, Financial Market Infrastructures or non-bank financial institutions preferred and strong experience in Third Party Oversight (TPO), risk, control and regulatory management
- Ability to “join the dots” and evidence good judgment under pressure and ability to identify and negotiate innovative solutions to challenges and issues
- Financial services background, relevant experience in the industry.
Preferred qualifications, skills and capabilities:
- Previous Network Management experience.
