Securities Services - Depositary Services - Client Depositary Manager - Vice President
Job Description
Job Summary:
Join a diverse and experienced team of depositary client managers responsible for leading, managing, and directing specific depositary services client relationships across oversight and controls. The successful candidate will execute key business objectives, manage client and business risks, develop depositary product capabilities, and cultivate key client and stakeholder relationships. This role requires significant technical and regulatory thought leadership and the ability to execute complex programs of work and manage strategic client relationships for clients managing Luxembourg UCITS (Undertakings for Collective Investment in Transferable Securities)and AIFs (Alternative Investment Funds).
This position offers an opportunity for a suitably experienced candidate to work in all areas of the funds industry, including regulatory, legal, compliance, accounting, transfer agency services, custody, collateral management, and risk management.
Job Responsibilities:
Lead and manage depositary client relationships to refine and develop capabilities during a period of significant regulatory evolution and business growth.
- Ensure accurate and timely execution of oversight activities for allocated client relationships within defined business control and escalation frameworks.
- Foster and develop strategic partnerships with clients and key stakeholders, prepare and present depositary oversight programs and findings, and attend client fund board meetings.
- Lead by example, managing oversight activities to ensure risk assessments, client requirements, and due diligence are completed satisfactorily.
- Identify emerging risks and escalate them to senior management for appropriate assessment and mitigation.
- Support product differentiators and develop a philosophy of continuous improvement.
- Engage with internal partners to ensure the Depositary strategy is comprehensive and supports the wider Investor Services objectives.
- Ensure depositary services comply with applicable laws and regulations and the specificities of alternative or private asset funds.
- Lead and manage depositary client relationships to refine and develop capabilities during a period of significant regulatory evolution and business growth.
Required qualifications, capabilities, and skills: - Financial services experience, preferably in depositary services.
- Detailed knowledge of Luxembourg UCITS and AIFMD (Alternative Investment Fund Managers Directive) depositary oversight requirements, including relevant CSSF (Commission de Surveillance du Secteur Financier) Circulars and Regulations.
- Extensive experience in the Luxembourg fund industry, including legal and regulatory requirements.
- Strategic management approach with the ability to identify and manage evolving risks.
- Professional judgment, strong communication, and networking skills.
- Broad commercial expertise combined with experience in contractual and related legal processes.
- Demonstrable leadership and management capabilities.
- Strong analytical skills to review evolving market practices, assess oversight metrics and results, and identify trends.
- High emotional intelligence, with sound networking and influencing skills to enhance the effectiveness of the Depositary team.
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.
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.
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