At a Glance
- Tasks: Lead and manage innovative trade finance products, ensuring alignment with client needs and market trends.
- Company: Join J.P. Morgan, a global leader in financial services, known for its commitment to diversity and inclusion.
- Benefits: Enjoy a dynamic work environment with opportunities for growth, collaboration, and professional development.
- Other info: This role offers a chance to engage with industry leaders and shape the future of trade finance.
- Why this job: Be part of a high-performing team driving change in trade finance while making a real impact.
- Qualifications: Experience in core trade products and strong communication skills are essential; advanced degree preferred.
The predicted salary is between 72000 - 108000 Β£ per year.
EMEA Head of Product, Core Trade, Executive Director
EMEA Head of Product, Core Trade, Executive Director
JPMorgan Chase & Co. London, United KingdomEMEA Head of Product, Core Trade, Executive Director
JPMorgan Chase & Co. London, United Kingdom
EMEA Head of Product, Core Trade, Executive Director
Job Description
Introduction
Trade & Working Capital is a division of J.P. Morgan Payments. We connect counterparties with market-leading Supply Chain Finance, Receivables Finance, Contract Finance, Working Capital Lending, Export Agency Finance, and Traditional Trade solutions. Our institutional strength, practical expertise, comprehensive technology, and financial partner network enable us to deliver global solutions, when and where our clients need them, by leveraging one of the world\'s largest Trade Finance investor networks, we scale funding to support this growing asset class on a global basis.
Job Summary
As an Executive Director, EMEA Head of Product, Core Trade within Trade & Working Capital, you will oversee and manage the Core Trade suite of products, including Commercial Letter of Credit (LC), Standard Letter of Credit (SBLC), Corporate Draft Discounting, Corporate and Financial Institutions (FI) Trade Loans, and Documentary Collection. You will lead the product through planning, execution, commercialization, and future development, ensuring alignment with client needs and market trends. You will manage product-level Profit & Loss (P&L), governance, and risk, while fostering high-performing teams to achieve business objectives.
Job responsibilities
- Oversee and manage the Core Trade suite of products in scope, including Commercial LC, SBLC, Corporate Draft Discounting, Corporate and FI Trade Loans, and Documentary Collection
- Oversee the product vision, development, execution, risk management, and business growth targets; Owns product performance and is accountable for investing in enhancements to achieve business objectives; Oversee business continuity resiliency plans
- Lead the entire product through planning, execution, commercialization, and future development by continuously adapting, developing new products and methodologies, managing risks, monitor and report on product exceptions and achieving business targets like cost, features, reusability, and reliability to support growth
- Ensure understanding of the client and regional market, and emerging trends to identify gaps and opportunities; research market dynamics and competitor landscape and identify opportunities for product differentiation
- Manage product level P&L, balance sheet, RWA and capital, including planning and forecasting, forecast management and reconciliation
- Manage product level governance and risk and control environment, including product approvals and renewals and cross functional collaboration with Risk, Legal, and Compliance
- Maintain The Office of the Comptroller of the Currency (OCC) and Audit readiness; engagement with Audit/Trade Controls
- Create high performing teams and manage with clear objectives, goals and targets
Required qualifications, skills and capabilities
- Experienced in delivering Core Trade products, projects, or technology applications
- Extensive knowledge of the product development life cycle, technical design, and data analytics
- Experienced in driving change within organizations and managing stakeholders across multiple functions
- Exceptional organization, communication, and management skills
- Strong communication skills both verbal and written a must
Preferred qualifications, skills and capabilities
- Experienced in digital transformation and fintech integration in trade finance
- Proven track record of managing teams and cross-functional projects
- Advanced degree in Business, Finance, or related field
- Proficiency in data analytics tools and methodologies
- Experience with emerging technologies in trade finance
- Strong network within the trade finance industry and active participation in industry forums and conferences
About Us
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.
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.
About the Team
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.
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J.P. Morgan Chase & Co. is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets tradition. With a strong commitment to employee growth, we provide extensive training and development opportunities, fostering a culture of collaboration and inclusivity. Our focus on diversity and the well-being of our employees ensures that you will thrive both personally and professionally while contributing to impactful financial solutions on a global scale.
StudySmarter Expert Adviceπ€«
We think this is how you could land EMEA Head of Product, Core Trade, Executive Director | London, UK
β¨Tip Number 1
Network with professionals in the trade finance sector. Attend industry conferences and forums to connect with key players and gain insights into current trends. This can help you understand the market better and may lead to referrals.
β¨Tip Number 2
Stay updated on emerging technologies in trade finance. Familiarise yourself with digital transformation trends and fintech integrations, as these are crucial for the role. Demonstrating your knowledge in these areas can set you apart from other candidates.
β¨Tip Number 3
Prepare to discuss your experience in managing product P&L and risk management. Be ready to provide examples of how you've successfully driven change within organisations, as this is a key responsibility of the role.
β¨Tip Number 4
Showcase your leadership skills by highlighting any experience you have in building high-performing teams. Be prepared to discuss your approach to setting clear objectives and achieving business targets, as this will be essential for the Executive Director position.
We think you need these skills to ace EMEA Head of Product, Core Trade, Executive Director | London, UK
Some tips for your application π«‘
Tailor Your CV:Make sure your CV highlights relevant experience in product management, particularly in trade finance. Emphasise your achievements in overseeing product development and managing P&L, as these are crucial for the role.
Craft a Compelling Cover Letter:In your cover letter, express your passion for trade finance and your understanding of market trends. Mention specific examples of how you've driven change and managed cross-functional teams to achieve business objectives.
Showcase Your Skills:Clearly outline your skills in data analytics, stakeholder management, and communication. Use bullet points to make it easy for the hiring team to see how you meet their requirements.
Research J.P. Morgan:Familiarise yourself with J.P. Morgan's values and recent developments in their trade finance division. This will help you align your application with their goals and demonstrate your genuine interest in the company.
How to prepare for a job interview at Jpmorgan Chase & Co.
β¨Understand the Product Suite
Make sure you have a solid grasp of the Core Trade products mentioned in the job description. Familiarise yourself with Commercial Letters of Credit, SBLCs, and other offerings. This knowledge will help you demonstrate your expertise and show that you're ready to lead the product development.
β¨Showcase Your Leadership Skills
As an Executive Director, you'll need to manage high-performing teams. Prepare examples from your past experiences where you've successfully led teams or projects. Highlight your ability to set clear objectives and achieve business goals.
β¨Research Market Trends
Stay updated on the latest trends in trade finance and fintech integration. Be prepared to discuss how these trends could impact the Core Trade products and how you would adapt strategies accordingly. This shows your proactive approach and understanding of the industry.
β¨Prepare for Risk Management Questions
Given the importance of risk management in this role, be ready to discuss your experience with governance and compliance. Think of specific instances where you've successfully navigated risks or implemented controls, as this will demonstrate your capability to manage product-level P&L and risk effectively.