Prime Financial Services - Derivatives Clearing Product - U.S. Listed Options - Vice President

JPMorgan Chase & Co. • New York, NY

25d

About The Position

JPMorganChase’s market-leading Derivatives Clearing business (Futures & Options
and OTC Cleared Credit, Rates, and FX) is part of the Prime Financial Services
franchise. As a Product Manager, you will work independently and collaboratively
across the PFS business and supporting functions to develop, implement, and
adapt business strategy in response to market structure, industry, client, and
regulatory changes. If you are intellectually curious and passionate about
driving solutions in a dynamic environment, this role is for you.

This role requires you to partner with colleagues across the business to respond
to evolving market and regulatory landscapes. You will interact with CCPs & Exchanges, analyze market data, collaborate with Sales and account management,
attend client meetings, and steer regulatory change implementation. Your work
will directly impact the growth and innovation of the Derivatives Clearing
business.

Requirements

• 5+ years of total professional experience with 3+ years directly in product management
• Strong analytical and problem-solving skills with keen attention to detail
• Partner with stakeholders to identify and shape commercial goals and the products/processes that will support those goals
• Ability to think strategically in designing end-to-end solutions and re-engineering business and operational processes
• Innovative, curious, and client-centric mindset; ability to lead in a highly collaborative environment and drive to meet objectives
• Logical mind, perseverance, strong communication skills, and ability to target messages to different audiences
• Empower team members and functional partners to succeed and deliver value-added solutions to the business

Nice To Haves

• Experience and passion for developing new solutions, creative problem-solving, and sound judgment/decision making
• Ownership mentality with ability to break down barriers to achieve results
• Ability to easily switch priorities and day-to-day activities based on clients/company needs
• Thrives in fast-paced environments, manages and executes across competing deliverables, and is a fast learner who can operate in an ambiguous environment
• Leverage data-driven methods to evaluate business processes and propose improvements and/or solutions

Responsibilities

• Interact with CCPs & Exchanges to understand their roadmap/strategy and define budget allocation for discretionary and mandatory CCP spend supporting market structure changes (e.g., new markets & products, Digital Assets, Extended Trading Hours)
• Disseminate and communicate CCP intelligence across functional teams in 1st and 2nd LOD as required; partner with execution product to ensure cohesive JPMorganChase offering
• Analyze CCP-produced market share information, JPMorganChase volume information, and account management commentary to assess regional business/client performance and growth opportunities with Sales
• Partner with Sales and account management to capture client feedback on product offering, develop business cases, and support conversion of cleared client opportunities
• Maintain competitive landscape overview from US regional perspective
• Attend client meetings for clearing domain-specific topic expertise
• Monitor and assess changes in the US regulatory landscape with Product Development, Legal, and Compliance; sponsor and steer implementation across functions of regulatory change within prescribed timeframes
• Provide advocacy input into US regulatory topics via industry bodies, JPMorganChase Regulatory Affairs, Legal, and Compliance

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees