Head of US Dollar Clearing - Payments - Executive Director

Job Description

Lead a market-leading franchise within JPMorgan Payments!

As the Head of US Dollar Clearing within J.P. Morgan Payments, you will lead the product management team and develop the go-to-market strategy for US Dollar clearing, US CLS, and Clearing House Settlement Services. The scope of the job includes product strategy, financials management, risk management, product development, requirements definition, cost/benefit analysis, product management and executive/client communication. In this role you will collaborate extensively with Banking, Sales, Operations, Technology, Risk, Compliance and Legal.

Job Responsibilities

• Oversees the product roadmap, own and be responsible for the development and execution of the product strategy and vision to futurize US Dollar Clearing by adding enhanced capabilities and providing integrated payment solutions that combine J.P. Morgan’s innovation around Distributed Ledger technology, 24 hour online banking trends, digital services in the financial services and ecommerce space, and corporate wires
• Drive US Clearing revenue and market share to maintain and extend J.P. Morgan’s leadership position through leading-edge products and a well-defined go-to-market strategy and messaging
• Manage the financials by driving increased revenue through product enhancements, fine-tuned pricing strategy, while increasing operational efficiency; you will work closely with Sales and Finance to understand, track and forecast revenue
• Own the overall success of the product by setting clear objectives, key results, and performance indicators. Conduct regular assessments to ensure product effectiveness and continuous improvement
• Influence the Global Clearing strategy by advocating for US Dollar clearing priorities within the global agenda. Foster alignment and consistency across regions through close collaboration with global product partners
• Build strong relationships with senior stakeholders across regions, legal, compliance, operations, technology, and service teams. Ensure seamless delivery of product solutions that meet client needs and support new business development
• Proactively anticipate internal and external factors impacting the US Clearing business. Develop and implement strategies to mitigate risks and capitalize on emerging opportunities
• Acts as the voice of the customer by enabling the US Clearing product team to conduct market research and lead ongoing improvements for a cohesive set of products, platforms, solutions, and channels that provide value to customers
• Present thought leadership on industry trends, best practices and client-tailored solutions to our clients, the market and the Global Clearing team, and own industry engagement with key partners
• Lead, coach, mentor, develop and grow a product team to execute across the product life cycle, while defining and instilling best practices
• Partner closely with J.P. Morgan’s Financial Institution (Banks, Broker Dealers and non-bank financial institutions/ fintechs) eCommerce and corporate sales and service teams in order to streamline product promotion and implementation of new business whilst maintaining the highest level of customer satisfaction for existing clients.
  
  

Required Qualifications, Capabilities, And Skills

• 8+ years of experience or equivalent expertise delivering high-impact and large-scale products, projects, or technology applications
• 10+ years of treasury management banking experience 
• Payment experience and gravitas to represent J.P. Morgan in Industry committees and forums
• Strong strategic thinker, execution oriented, with strong analytical experience
• Solid track record of success in developing and implementing large-scale initiatives
• Prior work experience in strategic planning, P&L management, and business case development
• Proven ability to successfully implement, at scale, essential product lifecycle activities including discovery, ideation, strategic development, requirements definition, and value management
• Experience driving change in complex organizations and managing stakeholders across multiple functions 
• Proficient in Microsoft Word, Excel, and Powerpoint; Superior presentation and communication skills 
• Creative problem solver, capable of developing innovative and differentiated solutions
• Willingness to travel (10-20%), primarily within the US, to support business objectives and client engagement

Preferred Qualifications, Capabilities, And Skills

• US Dollar Clearing experience
• Experience in dealing with Financial Institutions clients 
• Recognized thought leader and innovator with demonstrated industry eminence

About Us

JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the Team

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.