JPMorgan Chase Treasury Services- Liquidity Solutions Product Manager- VP in New York, New York

Treasury Services-Liquidity Solutions Product Manager- VP


CIB-Product Manager- VP-Liquidity Solutions-New York

Job Description

Within CIB Treasury Services, the Liquidity Solutions group offers leading cash and short-term investment solutions to clients in Treasury Services and the Global Corporate Bank. Our main focus is to strategically sell our products, develop new products, set pricing, and fulfil the firm’s wholesale operational funding needs to meet Basel III and GSIB funding requirements.

The North America Liquidity Products team manages the development, pricing, and delivery of the following products in the NA region: ECR, Global ECR, interest-bearing DDA, LMA, Sweep products and Money Market Funds.

Stakeholder groups with which you will interact include:

Lines of Business: Treasury Services, Investor Services, Global Corporate Bank, Asset Management, Investment Bank, Commercial Bank

· Functional Partners: Treasury, CIO, Sales, Finance, Operations, Technology, Credit, Legal, Risk, Compliance, Tax, Marketing, Change Readiness

Key Responsibilities

· Develop Earnings Credit Rate (ECR) product strategy and drive operational balance growth in the product.

· Evaluate the interest rate environment and market competitive conditions to support decisions on pricing for ECR, especially in the upcoming rising rate environment.

· Assess economic value of ECR through analysing the relevant fixed income markets, financial records, and profitability.

· Develop new products and enhance product features to meet clients’ needs. Ability to utilize data analysis to identify client behavioural patterns and preferences, and drive innovative solutions to meet those patterns and preferences.

· Ensure smooth implementation of new products, new features, and client pricing in a changing rate environment.

· Liaise with TS sales to promote operational balance growth. Support product promotion by providing training materials, collaterals and instructions.

· Improve functionality and accuracy of client exception pricing tracking / reporting.

· Full understanding of profit dynamics regarding our pricing strategy through the interest rate cycle

· Support day-to-day product functions and procedures

  • BA/BS degree required; advanced degree a plus

  • Excellent analytical skills and attention to detail required

  • Ability to work / communicate across multiple business lines

  • Financial Services experience, preferably in Liquidity, Earnings Credit or Product Management Discipline

  • Knowledge of short-term fixed income markets / previous Treasury experience, a plus

  • Creative problem solver with experience building and executing innovative and differentiated solutions that deliver against long term strategies

  • Self-motivated; strong follow-through and commitment for owning the work product

  • Strong data management skills (ability to manage and analyse large populations of data)

  • Strong communication and negotiation skills

  • Strong multi-tasking and project management skills

  • Inquisitive nature with advanced problem solving and critical thinking capabilities

  • Ability to deal with ambiguity

JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.

JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.