2014-08-15

Vice President - Product and Platform Project Management Team - Regulatory Change Focus - Private Bank - London-140082964

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Job Description

JPMorgan Chase & Co. is a leading global financial services firm with assets of more than $2 trillion, over 265,000 employees and operations in over 60 countries. It operates across six business segments including Investment Banking, Commercial Banking, Treasury & Securities Services, Asset & Wealth Management, Retail Financial Services and Card Services.

The Wealth Management division of JPMorgan Chase & Co. is part of the Asset & Wealth Management business segment. It has offered for over 160 years customised solutions and client service of the highest quality to solve the complex needs of wealthy individuals and their families around the world. With assets under management of $1.6 trillion, it is one of the largest asset and wealth managers in the world.

**_Our Team_**

The J.P. Morgan Product & Platform Product Development Team manages development and implementation of priority initiatives across Banking, Credit, Investments, Project Management, Client and Advisor experience and Business Strategy.

We are currently looking for a Associate level Project Manager to join the Regulatory Change Management team. This team initially will have a primary focus on Dodd Frank, EMIR, and FMIA regulations impacting our Investments and Credit Business.

**_The Role_**

Our Regulatory Change Management team partners closely with our business partners, including our internal sales force (Investors) and product execution desks (Asset Class Leaders) to define solutions and implement change to bring the business in line with regulatory changes across the globe. Implementation consists of operating model definition and syndication, vendor identification/negotiation/on boarding, front office and client communications, training, and development and oversight of technology, operational, and front office implementation. This group works closely with Legal, Compliance, Investors, and Traders to define and implement solutions to comply with new regulations across multiple entities and jurisdictions.

The primary responsibilities in this role include:

* End to End Project management and delivering of key tactical and strategic regulatory initiatives across the Investment business - specifically Dodd Frank/Volcker, European Markets Infrastructure Regulation (EMIR), Markets in Financial Instruments Directive (MIFID II/MFiR), and the Financial Markets Infrastructure Act (FMIA)
* Working with Legal and Compliance partners to interpret and understand impacts of changing derivative regulatory landscape
* Working across EMEA platform, business leaders, and subject matter experts to analyze business impact, identify how this changing regulatory landscape will change the Private bank business model and define options to achieve compliance.
* Making recommendations and influence senior management as to specific strategy and solutions to address impact of regulations
* Creating and implementation of detailed operating model changes across over the counter derivatives, exchange traded derivatives, and foreign exchange products across multiple jurisdictions and client types.
* Preparing and delivering updates for working group, stakeholders, and senior management
* Liaising and engaging partners in other parts of the firm (Investment Banking, Investment Management, and global counterparts in US and Asia, etc.) to leverage firm wide capabilities
* Set-up and drive cross functional project team to design and implement solutions and control framework across International Private Bank
* Strong stakeholder management to ensure transparency of expectations, efficient and effective management of stakeholder resources, and delivery of solutions on time at all levels from process participants, control functions, and senior management.
* Effectively communicate key messages, and simplify complex business situations for decision making and for front office training and client communications.

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Qualifications

**_Experience_**__

* Proven project management capability and/or previous experience of working directly with products (sales / trading / product development, etc.) and/or audit.
* Experience of Investments and Private Banking background would be advantageous
* Demonstrated understanding of derivative & non-derivative products with a solid appreciation of product lifecycle from front office registration requirements to trade execution and settlement
* Strong understanding of the regulatory landscape across Europe. Candidates with experience working on Regulatory initiatives and/or Projects are particularly sought

**_Essential Skills and Competencies_**

* Demonstrated ability and confidence to both develop and recommend solutions to stakeholders as well as influence them to transform the current state within milestones pre-set
* Enthusiastic, proactive, accountable, and strong work ethic
* Highly detail oriented
* Organized and comprehensive project management approach
* Enjoy working in a fast-paced and demanding environment
* Strong analytical and critical thinking skills are paramount
* Deliver on time, within scope and within budget
* Advanced interpersonal skills (both written and verbal) and ability to work with people at all levels across all functions and establish trust from stakeholders and sponsors around decision making and execution capabilities.

JPMorgan offers an exceptional benefits program and a highly competitive compensation package.

JPMorgan is an Equal Opportunity Employer

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*Job:* Private Banking

*Primary Location:* GB-ENG-LND-1 Knightsbridge / 32162

*Organization:* ASSET MANAGEMENT

*Schedule:* Full-time

*Job Type:* Standard

*Shift:* Day Job

*Employee Status:* Regular

*FCA regulated role, more details provided at interview:* No

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