JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 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. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
Investor Services Finance & Business Management is seeking Vice President level Business Manager based in New York for Fixed Income Financing ("FIF") business.
Fixed Income Financing has a global product offering including sovereign, corporate, MBS, emerging markets and structured financing. The business engages in client market making providing financing or collateral to a diverse client base including Banks, Broker/ Dealers, Hedge Funds, Asset Managers, etc. It also performs critical internal functions including financing inventory and short coverage of internal Fixed Income desks, sourcing collateral for internal programs and assisting in compliance with firm-wide balance sheet and liquidity ratio management (e.g., LCR, Leverage, etc).
The Business Manager works across the organization to provide support to senior leadership, and is critical for driving strategic analysis, process improvement, financial analysis and controls.
This is a regional role that sits within the CIB Investor Services F&BM organization under the leadership of Global FIF Business Manager.
Responsibilities for the FIF Business Manager role will focus primarily on the North America (“NA”) region and include:
Drive Growth and Strategy
Ensure implementation of business strategies and help drive change
Communicate business strategy, performance and priorities (e.g. Town Halls, Offsites, Business Reviews, Investor Day)
Run governance forums
Track progress to ensure delivery
Escalate issues and roadblocks
Provide analytics for business decisions
Optimize North America Business Performance
Coordinate NA portion of the annual Plan / Budget process
Drive regular expense reviews to ensure targets are met
Assist in investment / productivity initiatives (headcount, technology spend, etc)
Ensure compliance with expense policies
Oversee occupancy and people moves
Manage Business Risks
Assist with regulatory reform issues that impact the business
Identify, assess and mitigate business risks that could impair the ability to do business:
NBIA (New Business Initiatives)
CSA (Control Self Assessment)
Audit and Regulatory reviews
5-7 years work experience in financial services/ Financing
Bachelor's Degree in Finance, Accounting, Business Administration or related required
Business Management / COO experience strongly preferred
Fixed Income or Financing background and knowledge strongly preferred
Exceptional verbal and written communications skills
Good judgment, maturity and poise to enable interaction/influencing of senior management
Thoughtful analytical skills; able to develop, clearly present and draw conclusions
Strong project management skills
Self starter able to prioritize key tasks effectively
Disciplined approach to managing processes and controls
Energetic, self motivated and effective under pressure - must enjoy the challenge of working within a fast-paced and demanding working environment