CIB F&BM – CFS – Global Fund Services Business Manager – VP

  • Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • J.P.Morgan
  • 15 Nov 18

CIB F&BM – CFS – Global Fund Services Business Manager – VP

CIB F&BM - CFS - Global Fund Services Business Manager - VP Job - Business Management
Primary Location - GB-ENG-LND-25 Bank Street / 32173
Organization - CIB FINANCE & BUSINESS MGMT
Schedule - Full-time
Job Type - Standard
Shift - Day Job
Salary Grade / Level - 603

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 business, 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 .

The Corporate & Investment Bank (CIB) Finance and Business Management (F&BM) group provides financial advice to support the CIB's business strategy and helps to ensure a sound control environment. Within F&BM, the four major areas of responsibility are: Business-aligned BMs (Business Managers), the CIB Controller, Support Staff CFO, and Planning and Analysis.

Custody and Fund Services

Custody and Fund Services, a division of J.P. Morgan Chase Bank, N.A., is a global industry leader with $24Trn in assets under custody. J.P. Morgan provides innovative custody, fund accounting and administration and securities services to the world's largest institutional investors, alternative asset managers and debt and equity issuers. J.P. Morgan's Custody and Fund Services business is comprised of Custody, Global Fund Services and Trading Services; it leverages its scale and capabilities in more than 100 markets to help clients optimize efficiency, mitigate risk and enhance revenue through a broad range of investor services.

Business Overview & Role Description:
Custody & Funds Services Finance & Business Management (F&BM) is seeking a business manager at Vice President level based in London. The role will provide support for the Global Fund Services business and help to deliver key strategic initiatives within C&FS. The candidate will work closely with the business along with the functional partners across the firm which includes Product Management, Sales, Product Controllers, Planning & Analysis, as well as Product Development, Risk, BCO, Compliance, Operations, and Technology.

Key Responsibilities of the Business Management Function:

  • Business Strategy and Growth
    • Act as a trusted advisor to the Business Head
    • Partner with the Global business head and management team to develop priorities to enable delivery of the overall strategy for the business
    • Partner with Global Business Head to secure resources to deliver the business strategy
    • Drive change through prioritization and alignment of resources
    • Own and ensure delivery of strategic business initiatives
    • Align front office teams and support groups to business priorities
    • Ensure business strategy considers market structure and regulatory changes
  • Business Performance and Planning
    • Optimize business performance by driving key initiatives (New Business NBIAs, budget planning, sensitivities to commercial pricing, ROE)
    • Involvement in annual business budget process (in conjunction with Controllers and P&A)
    • Ensure optimal resource budgeting and allocations to achieve business priorities
    • Oversee investment / productivity initiatives across the end-to-end business to achieve multi-year targets
    • Develop ad-hoc analytics to help the business better understand and manage its costs, risks, capital usage, pricing, growth opportunities, etc.
    • Partner with Product Control and P&A to provide timely, accurate, and thorough information on variances and Risks & Opportunities to Budget
  • Governance
    • Ensure the appropriate governance structure is set up to provide required oversight of the business
    • Feed into appropriate CFS governance forums
  • Management Reporting
    • Compile and lead monthly Business reviews
    • New business tracking
    • Analyze and report on client, segment, region, and product profitability
    • Generate key performance indicators
    • Track and report progress against business/sales strategy
    • Analyze and report on client, segment, region, and product profitability
  • Regulation, Risk and Controls
    • Understand the impact of new regulations on the business and how that may impact the business strategy
    • Provide financial data in support of regulatory requests
    • Provide business overviews and updates for Product meetings with Regulators
  • Ad Hoc / General Business Management Support.
Qualifications

Your Background:
  • 7+ years' experience in wholesale / corporate / investment banking; experience with Custody and/or Fund Services products a plus
  • Prior experience in a Business Management role a plus
  • Strong track record in finance and accounting
  • Excellence in execution - A "self-starter" who is able to operate autonomously with an ability to face off to the management team, demonstrates a willingness to take initiative and work independently, a problem solver
  • Demonstrated ability to influence business leaders and partner well, particularly as part of a global business
  • Commercial acumen - Ability to understand and grow the strategic business vision; focus on improving the bottom line
  • Effective communicator - Ability to create logical and conclusive presentations, distilling complex subject matter into management-ready materials
  • Sound judgment, professional maturity and personal integrity, strong work ethic, proactive and results-oriented outlook, possess courage to ask tough questions and challenge the status quo
  • Strong attention to detail
  • Great team player
  • Able to collaborate across lines of businesses and work with central/corporate organizations, building a strong network
  • Expert Microsoft PowerPoint and Excel skills.
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 www.jpmorgan.com .

JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer and a member of the UK Government's Disability Confident Scheme.