CIB – Treasury Services – Product Manager - Liquidity Solutions – Earnings Credit Rates – VP - London

  • Competitive
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • J.P.Morgan
  • 16 Jul 18 2018-07-16

CIB – Treasury Services – Product Manager - Liquidity Solutions – Earnings Credit Rates – VP - London

CIB - Treasury Services - Product Manager - Liquidity Solutions - Earnings Credit Rates - VP - London

J.P. Morgan Treasury Services (TS) is one of the world's largest providers of treasury management services. J.P. Morgan's TS business is a full-service provider of innovative cash management, trade, liquidity, commercial card, and escrow services - specifically developed to meet the challenges treasury professionals face today. More than 135,000 corporations, financial institutions, governments and municipalities in over 180 countries and territories entrust their business to J.P. Morgan.

The Liquidity Solutions team has responsibility for liquidity management, cash deposit, investment products and revenues for the clients of the Treasury Services (TS) division. Product Managers and Client Solutions Specialists work in partnership with the TS Sales & relationship organizations to structure cash deposit, concentration structures including physical and notional pooling and investment solutions for their clients.

Within Liquidity Solutions, the Product Management team is responsible for the design, execution and management of Earnings Credit Rates; Notional and Physical Cash Concentration; Rules Based Liquidity Management (RBLM) products and Access Liquidity Solutions.

This VP position will be responsible for the development execution and day to day management of the Earnings Credit Rates product suite to ensure the business develops and maintains delivery of market viable, regulatory compliant, and risk controlled solutions for the EMEA Region.

Responsibilities include:

Product Management

  • Fully understand market requirements and contribute to development strategy for Earnings Credit Rates product. Working closely with other Liquidity Product Managers to provide innovative solutions globally.
  • Drive the growth of Earnings Credit Rates within region and globally through management of client penetration targets.
  • Manage day-to-day product activities.
  • Produce and monitor monthly reports of key performance indicators (KPI) to drive Product P&L revenue target and identify emerging balance and revenue trends.
  • Drive New Business Initiatives process as required.
  • Execute 'Ready to Launch/Sell' plan for new products and enhancements within the Region and ensure execution of post-implementation activities to monitor product performance and clients' utilisation of product features.
  • Work closely with functional partners pre and post releases to ensure new product functionalities are delivered as per specified business requirements.
  • Provide direct support to clients during and post implementation as required.
  • Manage day-to-day priorities in relation to the product by working closely with functional partners and by providing expert support to front, middle and back office.
Risk, Regulatory & Remediation Management
  • Ensure understanding and identification of the risk attributes to the Earnings Credit Rates product, including the client segments utilising the product.
  • Work closely with functional partners in Risk, Legal, Tax and Compliance to ensure new regulations are fully understood and acted upon efficiently and in a timely manner. Ensure risks and impact by segment are fully understood and documented appropriately.
  • Ensure strong controls are in place end-to-end, including all activities related to client on-boarding, operational processes, legal, compliance, accounting and tax. Ensure strong end-to-end product management control framework is maintained and updated in line with changes in legal and regulatory environment.
  • Work with functional partners in operations and technology to actively support minimisation of manual processes and activities.
  • Actively identify, manage and remediate any risk issue and develop FORCE action plans as necessary. Proactively contribute to regular product risk and compliance reviews.

Sales and Marketing
  • Support and participate in client meetings to drive growth.
  • Develop and drive commercialization strategy for product suite as part of wider value proposition.
  • Work with the functional partners to develop a 'Ready to Launch/Sell' plan which includes internal and external marketing communications for new initiatives and/or enhancements.
  • Drive the creation and delivery of training to functional partners on product mechanics, positioning and selling guidelines.
  • Ensure internal marketing material is comprehensive and up to date at all times. Work with the Global team to ensure global alignment as required.
  • Ensure comprehensive on-boarding and servicing procedures are in place and up to date. Work with the Global team to ensure global alignment where required.
People Partnership
  • Partner closely with the NA and APAC regional Earnings Credit Rates Product teams to deliver global solutions for clients.
  • Work with other lines of business (Investor Services and Commercial Bank) and functional partners to drive a collaborative environment to meet business objectives and manage end-to-end controls.

  • Exposure to regulatory environment and risk and remediation frameworks strongly preferred.
  • Previous experience in Liquidity product set or Payments preferred.
  • Proven product, operational or business management experience.
  • Banking knowledge, including knowledge of the TS business and Liquidity Management.
  • Track record of strong partnerships with key stakeholders.
  • Liquidity and investment product knowledge desired.
Exposure to regulatory environment and risk and remediation frameworks strongly preferred

  • Execution-oriented self-starter who likes to take initiative and is able to deliver in efficient and effective manner.
  • Strong project management skills.
  • Strong verbal and written communications skills.
  • Strong financial, analytical and strategic skills.
  • Organizational and administration skills.
  • People management skills.
  • Strong understanding and appreciation of the regulatory and control environment.
About J.P. Morgan's Corporate & Investment Bank:

J.P. Morgan's Corporate & Investment Bank is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Further information about J.P. Morgan is available at .

JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer.