Regulatory Product Owner Lead

July 11, 2023
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Job Description

  • Full Time
  • Anywhere

JPMorgan Chase

Corporate and Investment Bank Digital & Platform Services – Payments Regulation Operations – Global Change Management – Global Agile Product Owner – ED

Posting Description

Payments Client Service, Implementation and Operations (PCSIO) is part of the Digital & Platform Services organization in the Corporate & Investment Bank. It provides the following capabilities:

  1. Operational support to the JPMC Payments businesses including Treasury Services, Commercial Card, Trade Finance and Merchant Services
  2. Payment hub services for all firmwide divisions.
  3. Cross-product cash management, reconciliation and change management services.

PCSIO consists of over 10,000 employees across 60 sites and supports 142k corporations, financial institutions, governments and municipalities domiciled in over 180 countries.

Regulatory reporting requirements are complex, increasing in nature, and our reporting infrastructure requires upgrade to meet these requirements. We want to strengthen our management of those regulatory reporting needs and drive significant improvement around completeness, control and ability to adapt to new requirements.

You will be an Executive Director reporting into the Head of Regulatory Operations and lead the build out of the new Regulatory Product Owner capability which is fundamental to the transformation of the Regulatory Change the Bank (CTB) model. You will partner with Product, Technology, Operations, Risk to proactively and effectively manage global regulatory change and meet the need of our regulators/product partners whilst ensuring that critical technology assets are optimized.

Job Responsibilities

  • You will cover Payments new business: new products, product capability extension, new payment flows, etc.
  • You will be responsible for Regulatory Directives/Audit initiatives: new regulations, changes over existing regulations related to Anti-Money-Laundering, Guarantee Deposits, Payment Transactions etc.
  • Technology: Platform Modernization, System Integration, Decommission and/or Migration initiatives, etc.
  • Accountable for managing a global team of Regulatory Product Owners across various locations (APAC, EMEA, NAMR/LATAM) that include
  • Lead the design and implantation of organizational processes at a global regulatory portfolio level
  • You will be required to deliver a sustainable RegOps service, able to meet the needs of future demand in an efficient and effective manner

Required Qualifications, Skills & Capabilities

  1. You will be a regulatory subject matter expert: Knowledge of payment products and related regulatory landscape, globally
  2. You will demonstrate an understanding of payments processing and as a product
  3. You will have In-depth knowledge of Agile methodologies – strategy & implementation
  4. You will have previous working experience as a Product Owner within Payments Regulatory Operations, Reg Reporting and/or Technology
  5. Operational processes transformation skills, assessing, modelling and implementing at a global scale.
  6. Strong analytical and problem-solving skills.
  7. Strong communication skills, written and verbal.
  8. Strong presentation skills.
  9. Ability to manage multiple priorities effectively
  10. Experience in managing senior teams

JP Morgan is an equal opportunities employer

About us

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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.

Operations teams develop and manage innovative, secure service solutions to meet clients’ needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.

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