Project RIO - Collateral Project Manager

JPMorganChase; New York (NY); On-site; USD 120,000 - 190,000; Full time

Benefits offered by this job

Health insurance

Retirement plan

Tuition reimbursement

Mental health support

Job summary

JPMorganChase is seeking a Migration Lead to drive the outsourcing program for JPMAM’s middle office operating model, coordinating across Sales, Compliance, Legal, Operations, and Technology. You will define the migration strategy, ensure readiness, and execute the implementation roadmap.

The role requires 8+ years of project management experience, strong governance and cross-functional collaboration, and the ability to lead a high-performing team in a complex matrix environment.

Qualifications

• 8+ years of project management experience with large strategic initiatives.
• Experience in operations outsourcing within asset management or financial services.
• Strong written and verbal communication skills with ability to influence stakeholders.
• Ability to lead a high-performing team in a matrix organization.

Responsibilities

• Define migration strategy and rollout plan for the outsourcing program.
• Serve as a business liaison across Sales, Client Services, CAO, Compliance, Legal, Operations, Tech and Finance.
• Design and manage migration center of excellence and implementation playbook.
• Establish governance and resources for regulatory, risk, financial, people and tech aspects.

Skills

PM experience

Stakeholder management

Outsourcing

Cross-functional collaboration

Risk & governance

Effective communication

Job description

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

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

ABOUT US

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

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.

• 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.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About The Team

J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.