Securities Services - Collateral Management Product Manager - Trading Services - Vice President
J.P. Morgan Collateral Management vision is to be the “The Global Collateral Partner of Choice through Innovation Collaboration and Transformation”. Our mission is to deliver a first-class customer experience, through continuous investment and innovation, and to position Collateral Management at the heart of the financial ecosystem driving value through mobilization and efficiency.
Collateral Management Product Team develops and executes business strategy and value added collateral solutions to buyside clients who engage in bilaterally and centrally cleared derivatives, bilateral repos and securities financing activities across the globe. As the trading behaviors and demand for collateral optimization from buyside clients become more sophisticated, the needs for innovative collateral solutions, for example, using digital assets and blockchain technology, continue to grow.
Job Summary:
As a Product Manager within the Global Collateral Management Product Team, you will be the promoting force behind business growth, tasked with developing collateral solutions and influencing stakeholders to ensure exceptional client service and operational excellence. Based in London and reporting to a Product Manager in Hong Kong, you will collaborate closely with stakeholders across Asia, Europe, and the Americas on APAC and global product initiatives.
Job responsibilities:
- Execute product strategy with expert understanding of client requirements and market dynamic
- Drive and govern APAC product/change initiatives that require close engagement with stakeholders that are based in London or New York and initiatives that have all-encompassing impacts across all three regions (e.g. global projects, billing, expense management)
- Conduct Legal and Fee Negotiation and Product Due Diligence
- Evolving Regulatory landscape and potential impact to Business Strategy
- Understand the P&L including planning, forecasting, and reporting as well product commercial like pricing and expense management
- Manage daily escalations and provide guidance and day to day decision making to functional partners
- Apply product expertise in the development and roll-out of collateral solutions
- Provide client facing teams with technical support including marketing information related to new and existing product functionalities
- Provide Product Thought Leadership through internal material and market publication
- Align decision making to defined strategy and evaluate impact and opportunities to 3-year rolling growth plan
- Define and publish Operating Guidelines and standard framework to deliver the Product to clients
Required qualifications, capabilities, and skills:
- Experience in working effectively in a change environment and passionate about creating practical solutions to new challenges
- Highly structured and methodically in execution; demonstrate a keen eye on identifying and resolving risks, as well as strong project governance and control
- Ability to organize, communicate, and influence a range of audiences; expectation to display exceptional logical writing and verbal communication skills, including ability to convey complex ideas simply
- Focus on superior strategic/break-through thinking and problem solving abilities as it relates to the business and the delivery of the new product offering
- Ability to gain access to individuals within a wide range of functions in the organization; earn a reputation for integrity, intelligence and problem solving
- Experience in Financial Services particularly Securities Servicing Industry
- Prior role in Collateral Management; Securities Clearing; Derivatives Clearing; Securities Financing/Lending
- Knowledge of the Securities Financing market as well as Derivatives Margining
Preferred qualifications, capabilities, and skills:
- Client Facing or Product Management experience would be beneficial