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JPMorgan Chase Financial Market Infrastructure Network Manager in Brooklyn Center, Minnesota

Network Management is a firmwide function within the Corporate and Investment Bank Digital & Platform Services organization responsible for managing the J.P. Morgan's Lines of Business (LOBs) relationships with their network of local providers including payment systems, central counterparties (CCPs), and check clearing systems) and Agent Banks (sub custodians, cash correspondents, partners, and clearing banks). With approximately 200 employees, the Network Management team is located in London, Bournemouth, Brooklyn, Delaware, Tampa, Hong Kong, Singapore, Mumbai, and Hyderabad to provide coverage of markets and selected clients.

As a Financial Market Infrastructure Network Manager on the Network Management team, you will play an integral role in post-trade, Payment, Clearing and Settlement (PCS) of cash and securities transactions and financial instruments worldwide. Financial Markets consist of three key segments; Central Securities Depositories (CSDs); Payment Systems and CCPs, and are critically important to the operability, connectivity and stability of the financial markets in which they operate. Soundness, resilience, and strength of supervision and oversight of each Financial Market (FMI) is a key focus of both regulators, and the banks and institutions that use them ensuring related risks can be appropriately identified and managed.

No Visa or Relocation Assistance available at this time

Job responsibilities:

  • Be accountable for contributing to the FMI Network Management due diligence and oversight Standard Operating Procedures (SOPs) and process reviews. This includes assessment and incorporation of new and relevant criteria into the oversight process as the regulatory landscape evolves.

  • Implement on-going monitoring and governance requirements for FMI membership risks including adapting to regulatory and business changes over time.

  • Support LOB's business strategies and priorities, including expansion into new markets and joining of new FMIs.

  • Participate in and contribute to internal governance and controls forums and provide updates to senior management across all areas of the firm.

  • Serve as a FMI subject matter expert to provide global, cross-LOB risk and governance advice and guidance on new and/or existing FMI engagements, covering a wide range of potential risks to support business decisions.

  • Collaborate with Network Management, LOB and other cross-functional partners to ensure J.P. Morgan's compliance with relevant FMI-related regulatory guidance and obligations.

  • Develop the skills necessary to participate in special projects and initiatives as required (e.g. regulatory requests / examinations, recovery, and resolution planning, etc.).

Required qualifications, skills, and capabilities:

  • Financial Services, Risk Management, Legal, or Regulatory background, with 5 years' or more.

  • Experience in analyzing and interpreting complex rules, regulations, and scenarios.

  • Demonstrated ability to distil complex information and articulate outcomes and opinions to key stakeholders.

  • Experience in interacting with senior management and cross-functional, regional teams and business partners.

  • Detail orientated, with strong written and verbal communication and presentation skills.

  • Ability to prioritize and manage multiple deliverables in a dynamic and evolving environment.

Preferred qualifications, skills, and capabilities:

  • Banking background with a knowledge of Securities and Payments FMI operators and systems strongly preferred.

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 is an Equal Opportunity Employer, including Disability/Veterans

Base Pay/Salary

Brooklyn,NY $107,350.00 - $171,000.00 / year

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