Job Description

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About J.P. Morgan Securities Services

J.P. Morgan's Corporate & Investment Bank (CIB) is a global leader across Banking, Markets and Investor Services. The world's largest corporations, governments and institutions entrust us with their business in more than 100 countries.

The Securities Services business provides middle office services, custody, accounting and administration for investment managers and asset owners, including mutual funds, hedge funds, private equity, real estate funds, pension funds, and fund of funds.

J.P. Morgan Investment Middle Office Services (IMOS) provides institutional investors with the capabilities to enable them to outsource their post-trade execution "middle office" operational activities. The product delivers capability across trade services, lifecycle management, investment record, asset servicing and treasury services across all asset classes. It is designed to be sold as a bundle with other Securities Services products (e.g. Custody and/or Fund Services) and is client segment (asset managers, asset owners and alternatives) and region agnostic. It leverages the Bank's platforms to deliver scale and drive a global service model.

The Role
The IMOS Product Development Associate will drive design and delivery of key aspects of the strategic middle office product, leveraging firm-wide capabilities to implement efficient and competitive product solutions. This individual will define the roadmap and priorities based on current client mandates and potential new fund launch requirements and execute on that roadmap. The individual will work with product management, Operations and technology to build out requirements, plan and execute the implementation of same. The IMOS offering covers functionality across trade validation and enrichment, confirmation, settlements, position management, collateral management, asset servicing, reconciliations, reporting/portal/data services, all across multiple asset classes.

The candidate will join the Complex Assets group, with a heavy focus on lifecycle and position management for all of contract-based products like Repos, Time deposits, all flavors of bilateral and cleared OTC derivatives, CFDs, Bank Loans. This includes understanding unique asset class and product behavior starting from defining minimum data requirements for instruction capture to create and manage full life cycle of that contract position until its maturity in system of record. Strong cross functional and cross asset class skills are required as the candidate will own the product development that will require understanding to build integration points across the technology stack within and outside of core IMOS platform and also with third party vendor platforms.

Key responsibilities for this role include:

• Design and deliver against the strategic MOS roadmap through the full project life cycle, including product behavior analysis, industry and regulatory framework applicable to product,
• Work with technology to review technical design for solution, define operational service model, and testing / migration of the components for delivery
• Identify opportunities for product improvement and differentiation, efficiency and standardization, present and drive process improvements
• Write scope and business requirements documents to drive the product strategy and technology design
• Partner with the technology team to execute the development of the toolsets, providing requirements and ensuring delivery is on time and on budget
• Manage rollout of the new product to existing and new clients, obtaining feedback and implementing additional enhancements based on priorities
• Communicate progress of the product development effort with all levels of the organization to keep team members and leadership apprised of progress and challenges

Qualifications:

• Require strong experience in complex assets space specifically covering Repos, Time deposits and all flavors of bilateral and cleared OTC derivative instruments. Knowledge of CFDs & Bank Loans. product behavior and market practices will be preferred.
• Understanding of Lifecycle and core positions management aspects of contract-based instruments including collateral and margin implications of holding such assets in portfolio.
• Experience with one or more of the middle office service functions or products, ideally at an asset manager or trading desk, or other business line that provides middle office related services.
• Energetic self-starter with ability to navigate the firm proactively, come up with, and drive delivery of the strategic vision
• Excellent communication capabilities, clearly and succinctly message with appropriate level of detail to cross-functional teams, senior management, and clients
• Strong collaboration skills, able to work with many different individuals and partner effectively with different groups
• Strong program management skills, must be organized and able to develop a program plan and break down into achievable deliverables
• Proven track record of effectively resolving issues and conflicts to ensure timely delivery

About Us:

JPMorgan Chase & Co., 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. 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.

About the Team:

The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

J.P. Morgan delivers investor solutions that help clients protect their portfolios, optimize their efficiency and maximize opportunities in diverse global markets. Teams support clients across a global custody network spanning 100 markets, with custody and asset servicing, fund accounting and administration, alternative investment services, integrated analytics, agency lending, collateral management and depositary receipt solutions. Clients include asset and fund managers, asset owners, banks and broker-dealers, hedge funds and alternative investors, and insurance companies.