MD, Head of Shared Services, Payments Operations

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Tampa, FL, USA
Hybrid
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role

Job Description
Organization Description
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.
Operations teams develop and manage innovative, efficient and resilient solutions to meet clients' needs across a broad array of products and services globally. Using the latest technology, the teams deliver industry-leading capabilities that make it easy and convenient for our clients to do business with us. The Operations functions help drive growth through client-centric solutions and unparalleled service.
Employer Description
JPMorgan Chase & Co. is a leading financial services firm based in the U.S., with 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. Under the J.P. Morgan and Chase brands, the firm serves millions of customers in the U.S., and many of the world's most prominent corporate, institutional and government clients globally.
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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
Job Description
The Global Head of Shared Services is a Managing Director-level role that will have oversight for Global Fraud, Client List Screening (CLS) and Transaction Screening, Cash Asset Management and Reconciliations. This newly created organization brings together several existing teams. As the head of Shared Services, you will be responsible for optimizing how these services deliver the stability, scale, security and resilience that the Operations team is committed to providing. This will involve close collaboration with cross-functional teams (Operations, Product, Sales, Technology, Service and Finance), external vendors and partners as well as our clients to deliver high-quality solutions that exceed expectations.
The ideal candidate for this critical leadership role is results-oriented, has the highest standards for culture and conduct, has a management approach that fosters teamwork and inclusion and is committed to nurturing talent. This leader must demonstrate the ability to work across a global organization and navigate a highly matrixed environment. The role provides the opportunity to approach work with an agile mindset and entrepreneurial spirit.
Job responsibilities

  • Provide essential services cost-effectively and demonstrate strong ROI to enhance offerings.
  • Manage a global team of over 1,000 employees, overseeing the day-to-day operations and providing strategic oversight to ensure first-class service.
  • Develop, measure and monitor key performance indicators (KPIs) to meet business and client objectives.
  • Actively partner with the business to develop and improve services, systems and procedures, including plans for a multi-year strategy for growth and expansion.
  • Manage the identification and implementation of new processes, capabilities or innovations that improve quality, delivery and outcomes in collaboration with business leaders and key stakeholders.
  • Work with partners across the firm to improve service delivery and outcomes through use of automation, AI/ML, data analytics and technology.
  • Oversee the development and execution of policies, procedures and performance standards that meet regulatory, compliance and controls requirements.
  • Interface with clients, regulators, auditors and other external partners and industry bodies in support of the business.
  • Build partnerships with vendors globally to manage external services and platforms while developing our team to build and sustain an exceptional client experience.


Required Skills and Qualifications

  • 15+ years of experience delivering operational services
  • Understanding and experience leading global teams
  • Strong senior stakeholder management skills
  • Experience presenting to and interacting with clients, regulators and diverse industry bodies.
  • Proactive and skilled at resolving issues, with a curious, problem-solving mindset
  • An evidence-based approach for solving problems and adding value to optimize products and services
  • Demonstrated experience managing operations for a growing, diverse and transformative business


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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
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.

JPMorganChase Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.

  • Healthcare Strength Medical, dental, vision, and mental health coverage are comprehensive, with on-site clinics, preventive care, and specialized supports such as maternity nurse guidance and fertility treatments. Wellness activities can help offset copays and out-of-pocket costs, reinforcing the perceived strength of health benefits.
  • Retirement Support A 401(k) with dollar-for-dollar matching and additional automatic pay credits reflect strong employer-backed retirement savings. An employee stock purchase plan and related financial programs further bolster long-term financial support.
  • Leave & Time Off Breadth Paid time off, sick time, holidays, and generous parental leave are provided alongside family medical leave and adoption/fertility assistance. Additional programs like caregiver support and volunteer time off expand the breadth of time-away options.

JPMorganChase Insights

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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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