Project RIO - Collateral Project Manager

JPMorgan Chase & Co.; New York (NY); On-site; USD 140,000 - 190,000; Full time

Job summary

JPMorgan Chase & Co. in New York seeks an experienced Global Project Manager for Project RIO to lead a strategic global Collateral operating model within JPMAM’s Investment Operations.

You will own migration strategy, roadmapping, and cross‑functional collaboration to ensure readiness and support for outsourced functions. The role requires 8+ years of PM experience, strong stakeholder management, and deep knowledge of collateral/derivative operations, with ability to drive complex programs in a

Qualifications

• 8+ years of relevant project management experience.
• Experience implementing large strategic initiatives with technology and operational components.
• Experience in Operations outsourcing in Asset Management or Financial Institution.
• Strong prioritization and delivery focus; accountability for projects and issues.
• Analytical problem solving with clear written and verbal communication.
• Proven ability to build strong partnerships across business, operations and technology.
• Ability to lead and motivate a high performing operations team.
• Ability to influence stakeholders and drive executable decisions.
• Strong understanding of investment processes and market practices.
• Product knowledge of Investment management offerings, e.g., mutual funds.
• Experience in Collateral and Derivative Operations.

Responsibilities

• Migration lead for the outsourcing program with defined strategy and execution roadmap.
• Serve as business liaison among Sales, Client Services, CAO, Compliance, Legal, Operations, Tech, Finance and third parties.
• Work with Collateral workstreams to design and manage migration and governance.
• Ensure effective communication of status, plans, issues, priorities and risks; align with regional managers.

Skills

Project management

Stakeholder mgmt

Change management

Vendor management

Financial services experience

Communication

Job description

Today the current JPMorgan Asset Management (JPMAM) middle office operating model varies by region rather than being client or investment solutions focused. The goal of the global middle office program (Project RIO) is to successfully implement a strategic common global operating model for core elements of JPMAM’s Investment Operations, leveraging Commercial & Investment Banking Core Middle Office Services and thereby reducing JPMAM’s operational and technology complexity, enhancing service to our global and complex clients; achieving economies of scale and reduction in expense ratio as business grows; reducing effort required to add new product capabilities, and to improve timeliness and quality of global data

As a Global Project Manager in Project RIO, you will lead a program to implement a strategic global Collateral operating model for core elements of JPMAM’s Investment Operations, leveraging Commercial & Investment Banking's Core Middle Office Services. You will be responsible for system migration strategy, implementation road mapping, and partnering with a variety of business partners to ensure system readiness and support.

Job Responsibilities:

• Migration lead for the outsourcing program with accountability define the migration strategy, ensure successful readiness of the system and processes supporting the future strategic operating model, and execute the implementation roadmap
• Business liaison between all functional teams (Sales, Client Services, CAO, Compliance, Legal, Operations, Tech, Finance and other control functions), the service provider, other 3rd Parties vendors, and the internal program team
• Work closely with Collateral workstreams to:
  • Design, manage, and execute the migration Command Centre and implementation playbook
  • Establish and manage appropriate governance, leadership and resources around all aspects of running the initiatives (e.g. regulatory, risk, financial, people, technology)
  • Ensure effective communication and escalation on overall program status, implementation plans, management issues, priorities and risks
  • Work with Collateral and Derivative middle Offices to confirm requirement and solutions of migration.
  • Partner closely with global & location/region managers to establish consistency and best practices and provide thought leadership
• Work closely with business partners and other operational leaders to ensure the future state system is fully ready to support the J. P. Morgan Asset Management outsourced functions

Required Qualifications, skills, and capabilities:

• 8+ years of relevant project management experience
• Proved ability and experience in implementing large strategic initiatives with significant technology and operational component.
• Experience in Operations outsourcing in Asset Management or Financial Institution.
• Strong sense of prioritization & ability to execute against deliverables. Able to take personal accountability for projects & issue resolution
• Analytic problem solver with excellent written and verbal communications skills
• Proven ability to build strong, cohesive partnerships with the business, operations, technology & other key stakeholders and work effectively in a matrix organization
• Be able to lead, motivate and get the very best out of a high performing team of operations professionals
• Ability to challenge and influence stakeholders to ensure decisions are well thought out and can be executed from an operations perspective
• Excellent understanding of the investment process and associated market practices with the ability to think strategically about how to create business led solutions
• Product knowledge of Investment management product offerings e.g., Mutual Funds, etc.
• Experience in Collateral and Derivative Operations

Preferred Qualifications, skills, and capabilities:

• Experience in Investment Accounting / Middle Office