ED & Product Lead- India Domestic Core & Emerging Payment Rails

Reposted Yesterday
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Mumbai, Maharashtra
Hybrid
Senior level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
The role involves managing India's domestic core and emerging payment rails, executing strategies, overseeing product delivery, ensuring compliance, and maintaining stakeholder relationships.
Summary Generated by Built In
Job Description
Job summary:
As the TS Product Manager (ED/VP Level), you will be responsible for managing the India Domestic Core & Emerging Payment Rails including Payments/Receivables/Channels/Value added services for JPM India's corporate clients across various market segments including the large Local corporate, subsidiaries of Multinational Corporate relationships across the globe and Non-Banking Financial Institutions (NBFI). You will serve as the voice of the market guiding product evolution & growth engaging with multiple local and regional as well as industry stakeholders.
Job responsibilities:
Business Ownership
  • Be on top of business drivers & Revenues
  • Articulate & execute against market opportunities with proper prioritization of expansion/evolution/modernization of domestic payment products
  • Own the local go to market strategy ensuring market readiness of product releases and accounting for product commercialization.
  • Have the ability to present Transaction Services' capability/roadmap/vision for Senior Management

New Products and Projects Delivery
  • Have the ability to manage multiple projects and getting the right mix of application design and technology to deliver the product within timelines
  • Work with local and regional stakeholders for Product approvals/Change Managements
  • Work with regional product and technology for prioritization and planning for product enhancements
  • Identify strategic partnerships with Fintechs/partner banks and work towards onboarding of new partners
  • Have the ability to prepare clear Business Requirements documentation and system design, development and implementation
  • Have the ability to innovate and come up with tactical solutions that can help reduce time to market
  • Work with local technology partners on bespoke solutions for clients

Partnership with Sales/Relationship teams
  • Participate in key client pitches, in partnership with the Relationship and Sales team
  • Have an ability to prepare compelling pitch books for client presentations with the knowledge of TS capabilities

Operations & Network management
  • Have the ability to review Standard Operating Procedures to ascertain they meet the Product requirements
  • Work closely with Partner Banks and Vendors for day to day delivery
  • Undertake assessments of payment system memberships

Track Regulatory and Market developments
  • Track all Regulatory circulars/announcements and evaluate impact to Product/processes
  • Maintain harmonious relationships with key regulators/clearing house and advocate future looking updates/client use cases
  • Ensure stringent compliance with all rules and regulations impacting the product portfolio
  • Track market developments and conduct peer bank benchmarking to help in planning future product roadmap

Liaise with Legal team to design/modify client Agreements; Own all product related communications sent to Customers
Work closely with Onboarding team to ensure seamless implementation of major/critical mandates
Stakeholder management
  • Liaise with various Regional/Global teams and act as a Subject Matter Expert for India capabilities
  • Partner Control teams to ensure Product/operations/Technology are well aligned on an ongoing basis
  • Build and maintain relationships with key partners/stakeholders for Build & Commercialization of TS products

Required qualifications, capabilities and skills:
  • Sound understanding of Payment rails in India - NEFT/RTGS/NACH/Cheques as well as IMPS/UPI

Preferred qualifications, capabilities and skills:
  • Prior experience in Transaction Banking Product/Techno-functional roles with track record of working on complex projects preferred

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 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.

Top Skills

Cheques
Imps
Nach
Neft
Rtgs
Upi

What the Team is Saying

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

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