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CIB Network Management - Network Manager Team Lead and Global Custody Legal Entity Representative – Executive Director

Greater London
Full time
Posted
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JP Morgan
Banking, investment & finance
10,001+ employees
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Network Management is a global function within Digital & Platform Services (DPS) of the CIB responsible for managing J.P. Morgan’s network of agent banks and financial market infrastructures (FMIs) to meet the firm’s requirements for oversight of cash and securities services for principal and client activities. The network of providers includes banks, sub custodians, payment systems, central counterparties, securities depositories and cheque clearing systems.

With over 200 resources, the Network Management team is primarily located in London, Bournemouth, New York, Tampa, Hong Kong, Singapore and Mumbai to provide coverage of markets and selected clients. While the group resides within the CIB, it supports all J.P. Morgan’s lines of business including Corporate & Investment Bank (Global Markets; Securities Services; Wholesale Payments), Asset & Wealth Management, Commercial Bank and Consumer & Community Banking.

You will be accountable for the continuous regulatory and operational performance oversight of our Agent Bank and FMI providers. 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 FMIs. This role will report directly into the regional Network Management head.

Job Responsibilities

  • You will support the EMEA Securities regional team head in managing the EMEA Securities regional team to ensure they demonstrate compliance with Legal and Regulatory requirements for all jurisdictions required by the Business and their clients
  • You will be accountable for completing the Due Diligence and Final Assessment Report activities for assigned markets and as manager an allocated region within regulatory, policy and procedural deadlines
  • Accountable for regulatory and legal attestations for assigned markets and allocated region
  • Identifying risks and exposures impacting JPMorgan’s LOB’s, 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, and business and client needs.
  • Ensuring market information review requests are expedited to ensure swift delivery to Businesses and clients
  • Responding promptly and effectively to any market specific enquiries and escalations received from Businesses, clients, and Network Management colleagues.
  • Represent Network Management in new business initiatives (NBIs), to evaluate and identify risks associated with new / prospective engagements, products, or businesses.
  • Contribute to special projects and initiatives as needed as required and potential to represent J.P. Morgan at Industry level
  • Accountable for management of crisis events impacting the covered markets, communicating, and coordinating activities across stakeholders and partners
  • Develop a deep understanding of Global Custody Legal Entities understanding their network and its products.
  • Offering and implementing solutions to address challenges, identifying developing trends across markets to help the Global Custody Legal Entities offer a competitive advantage to its clients.
  • Understanding, articulating, and influencing strategic spend management and service delivery outcomes to senior managers in Network and to Global Custody Legal Entities.

Required qualifications, capabilities and Skills

  • Extensive Financial services background
  • Demonstrative leadership experience working with agent banks
  • Significant relationship management, influencing and negotiation skills across senior stakeholder groups.
  • Ability to balance multiple deliverables across various stakeholders and communicate priorities to the team.
  • Strong experience in Third Party Oversight, risk, control, and regulatory management.
  • Strong relationship management, influencing, and negotiation skills.
  • Ability to identify and negotiate innovative solutions to challenges and issues
  • Self-motivated with a strong ability to work across the global Network Management team and across J.P. Morgan, developing partnerships with the LOBs and functional areas such as Compliance, Legal, Risk and Technology.
  • Strong analytical skills, particularly with regard to assessing risk.
  • Ability to make informed, balanced decisions to shape and influence successful outcomes for J.P. Morgan.

Preferred qualifications, capabilities and skills

  • Experience in securities processing / sub custody / settlements or corporate actions is preferred / Ensuring deep working knowledge of cash payments products and operational processes related to Cash Management and Treasury
  • Previous Network Management experience a plus.

JP Morgan is an equal opportunities employer