Job Description
Are you ready to lead and innovate in the world of cash network management? At JPMorgan Chase, we offer you the opportunity to drive strategic growth and regulatory excellence. As a Vice President, you'll manage critical relationships, influence key stakeholders, and shape the future of our network. Join us to enhance your skills, lead impactful projects, and be part of a team that values excellence and innovation.
As a Network Manager - Vice President within our Cash Network Management team, you will be accountable for managing agent bank relationships and ensuring compliance with legal and regulatory requirements. You will collaborate with cross-functional teams to align our network capabilities with business strategies. This high-visibility role offers you the opportunity to influence senior leadership, drive market advocacy, and contribute to a culture of excellence.
Job responsibilities:
- Manage agent cash bank relationships and ensure compliance with legal and regulatory requirements in selected markets
- Develop a deep understanding of cash payment systems, products, and operational processes related to Cash Management and Treasury
- Complete due diligence and assessment reports for assigned markets and agent banks within deadlines
- Identify and mitigate risks impacting J.P. Morgan's businesses and stakeholders by collaborating with cross-functional partners
- Maintain strong relationships with business lines and partners, articulating key strategies and requirements
- Analyze provider and network capabilities, providing recommendations to business partners and stakeholders
- Provide thought leadership on market and regulatory changes, assessing impacts on businesses and clients
- Drive advocacy and deliver agent bank changes based on due diligence, business, and client needs
- Communicate market information swiftly and respond to market-specific inquiries and escalations
- Achieve and negotiate fee reductions through pricing strategies and data analysis
- Support audit requirements, participate in new business initiatives, and manage crisis events in covered markets
Required qualifications, capabilities, and skills:
- At least Bachelor's Degree in Finance, Business, or related disciplines
- At least 10 years of experience in financial services industry
- Have expertise in the payments industry, including products, systems, and regulatory environment
- Demonstrate strong experience in Third Party Oversight, risk, control, and regulatory management
- Exhibit strong relationship management, influencing, and negotiation skills
- Possess strong communication, interpersonal, and project management skills
- Show ability to make sound judgments under pressure and connect various insights
- Identify and negotiate innovative solutions to challenges and issues
- Be self-motivated and capable of working across global teams and developing partnerships within J.P. Morgan
- Pay attention to detail while developing a strategic approach
- Display strong analytical skills for risk assessment and be a team player in a dynamic environment
Preferred qualifications, capabilities, and skills:
- Previous experience working with agent banks, Financial Market Infrastructures (FMIs) or non-bank financial institutions preferred
- Previous Network Management experience will be a plus
About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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.
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
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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.
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