Product Development Associate - Investment Manager Middle Office Services Details

Product Development Associate - Investment Manager Middle Office Services

JPMorgan Chase Bank, N.A. - New York, NY

Employment Type : Full-Time

The IMOS Product Development Associate will drive design and delivery of key aspects of the strategic middle office product, leveraging firm-wide capabilities to implement efficient and competitive product solutions. This individual will define the roadmap and priorities based on current client mandates and potential new funds and execute on that roadmap. The individual will work with product management, sales and service teams, and technology to build out and link together key product components for middle office. The MOS offering covers functionality across trade validation and enrichment, confirmation, settlements, collateral management, asset servicing, trading asset records, reconciliations, reporting/portal/data services, all across multiple asset classes. In addition to interfacing with clients and product teams, this role offers an opportunity to further develop expertise across custody and trading products, asset manager and market processes. Given the pace of change, responsibilities of the role will include strategic thinking on FinTech, Big Data, etc. to provide a competitive product to the market.

The primary responsibility will be managing further build out of the IMOS cash and securities settlement and position keeping platforms, the objective being to deliver enhancements through operating model efficiencies, increased product coverage as well as scalability for further client onboarding.

The candidate will also assist with driving the strategic vision for the platform with senior Operations and Technology stakeholders as we onboard further products and processes, hence strong cross functional and cross asset class skills are a must.

Hands on experience of operational processes, risk and control, and subsequent creation of requirements and operating models will be necessary. The ability to relate these requirements to data attributes, models and messaging will be essential in order to maintain a close delivery partnership with technology teams.

Key responsibilities for this role include:

• Design and deliver against the strategic IMOS roadmap through the full project life cycle, including analysis, design of the client/user experience, service model and testing / migration of the components for delivery.
• Experience designing and implementing solutions, either for clients, improvement of internal processes, or new products including documentation of business requirements, development of the roadmap, and plan / timelines for execution.
• Subject matter knowledge on middle office trade and position management, the investment data structures to support the processing, and it's use by large asset managers across asset classes
• Identify opportunities for product improvement and differentiation, efficiency and standardization, present and drive process improvements
• Partner with the technology team to execute the development of the toolset, providing requirements and ensuring delivery is on time and on budget
• Communicate progress of the product development effort with all levels of the organization to keep team members and leadership apprised of progress and challenges.

• Knowledge of cash settlement and lifecycle event processing for a wide variety of instruments, including securities, money markets and complex derivatives as a plus.
• Detailed understanding of related financial messaging standards
• Minimum two years experience designing and creating new products, providing client focused solutions or enhancing existing products
• Experience with one or more of the above middle office service functions or products, ideally at an asset manager, trading desk, or other business line that provides middle office related services
• Energetic self-starter with ability to help drive delivery of the strategic vision with demonstrated effectiveness working with a multi-disciplinary team
• Excellent communication capabilities, clearly and succinctly message with appropriate level of detail to cross-functional teams, senior management, and clients
• Strong collaboration skills, able to work with many different individuals and partner effectively with different groups
• Program management skills, must be organized and able to develop a program plan and break down into achievable deliverables
• Proven track record of effectively resolving issues and conflicts to ensure timely delivery

JPMorgan Chase & Co., 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 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.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

Equal Opportunity Employer/Disability/Veterans