Product Manager - Liquidity & Account Solutions – Cash Concentration – Associate – London

J.P. MORGAN; Greater London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A global financial services firm is looking for a Cash Concentration Product Manager to lead product development, ensure risk management, and drive profitability within the liquidity solutions space. This role requires strong product management and banking knowledge, along with excellent analytical and communication skills. The successful candidate will work with clients and stakeholders to deliver market-compliant solutions in a global environment.

Qualifications

• Proven product, operational or business management experience.
• Strong understanding of the Payments business and Liquidity Management.
• Strong financial, analytical and strategic skills.
• Experience in client-facing roles.

Responsibilities

• Conduct balance sheet and pricing analysis.
• Drive product development and commercialization.
• Monitor key performance indicators (KPI) for product profitability.
• Ensure compliance with regulations and risk management.
• Identify and manage product risks and issues.

Skills

Product management experience

Banking knowledge

Stakeholder partnership

Initiative and efficiency

Regulatory understanding

Communication skills

Financial analysis

Organizational skills

Project management skills

Tools

Alteryx

Job description

J.P. Morgan Payments is among the world's largest, most trusted and innovative full-service providers in one of the most dynamic and rapidly transforming spaces in financial services. In addition to providing international cash management, liquidity, commercial card, FX, escrow solutions, merchant services and trade finance, we continue to invest in future-growth initiatives, such as blockchain, AI & ML, as well as form partnerships with rising fintechs to expand our client base and product offerings.

As a Cash Concentration Product Manager in Liquidity & Account Solutions team, you will be responsible for the design, execution and management of Physical Cash Concentration and Access Liquidity Solution products.

As a Product Manager in the Liquidity & Account Solutions team your primary focus will be product development, commercialization, execution, strategy and day to day management across the Cash Concentration product suite to ensure the business develops and maintains delivery of market viable, regulatory compliant, and risk controlled solutions.

Job Responsibilities

• Balance sheet and pricing analysis.
• Understand market requirements and contribute to the product development strategy, working closely with the Global Cash Concentration team and other Liquidity Product Managers to provide innovative solutions globally.
• Drive the growth within the region and globally through management of client penetration targets.
• Produce and monitor daily and monthly reports of key performance indicators (KPI) to drive Product P&L revenue target and identify emerging balance and revenue trends.
• Execute 'Ready to Launch/Sell' plan for new products features and ensure execution of post-implementation activities to monitor product performance and clients' utilisation of product features.
• Ensure understanding and identification of the risk attributes and the client segments utilising these products.
• Work closely with functional partners in Risk, Legal and Compliance to ensure new regulations are fully understood and acted upon efficiently and in a timely manner. Ensure risks and impact by segment are fully understood and documented appropriately.
• Ensure strong controls are in place end-to-end, including all activities related to client on-boarding, operational processes, legal, compliance, accounting and tax. Ensure strong end-to-end product management control framework is maintained and updated in line with changes in legal and regulatory environment.
• Actively identify, manage and remediate any risk issue and develop action plans as necessary.
• Support and participate in client meetings to drive corporate segment growth.
• Contribute to the creation and delivery of training to functional partners on product mechanics, positioning and selling guidelines.

Required qualifications, capabilities and skills

• Proven product, operational or business management experience
• Banking knowledge, including knowledge of the Payments business and Liquidity Management
• Track record of strong partnerships with key stakeholders
• Execution-oriented self-starter who likes to take initiative and is able to deliver in efficient and effective manner
• Strong understanding and appreciation of the regulatory and control environment
• Strong verbal and written communications skills
• Strong financial, analytical and strategic skills
• Organizational and administration skills
• Project management skills

Preferred qualifications, capabilities and skills

• Exposure to regulatory environment and risk and remediation frameworks
• Previous experience in Liquidity Solutions
• Proficient in Alteryx
• Client facing experience

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.