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

JPMorgan Chase & Co.; City of Westminster; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading global financial services firm in Westminster is seeking a Cash Concentration Product Manager to manage liquidity solutions. Responsibilities include designing and executing innovative products, ensuring compliance with regulations, and driving client engagement. The ideal candidate will have strong product management experience and banking knowledge. This role promises significant growth and involvement in a dynamic financial environment.

Qualifications

• Proven product, operational or business management experience.
• Banking knowledge, especially in Payments business and Liquidity Management.
• Execution-oriented self-starter with initiative.

Responsibilities

• Design, execution, and management of liquidity solutions.
• Drive growth through effective client engagement.
• Collaborate with functional partners on regulatory compliance.

Skills

Balance sheet and pricing analysis

Market requirements understanding

Client penetration management

Key performance indicators monitoring

Risk identification and management

Strong verbal and written communication

Financial and analytical skills

Project management

Tools

Alteryx

Job description

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.

Key Responsibilities and Qualifications

• 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.
• 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.
• 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 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. J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives. 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.