At a Glance
- Tasks: Lead product innovation and strategy for global financial solutions in Trade Finance.
- Company: Join J.P. Morgan, a global leader in financial services with a commitment to diversity.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Why this job: Shape the future of finance while driving impactful solutions for clients worldwide.
- Qualifications: Senior experience in product development and trade finance required.
- Other info: Collaborative environment with a focus on continuous innovation and market leadership.
The predicted salary is between 72000 - 108000 £ per year.
Ignite your passion for product innovation by leading customer-centric development, inspiring solutions, and shaping the future with your strategic vision and influence.
As the Standby Letter of Credit (SBLC) Global Product Executive Director head within Trade & Working Capital, you will have global accountability and ownership for product strategy, P&L and end to end product delivery. You will leverage your advanced capabilities to challenge traditional approaches, remove barriers to success, and foster a culture of continuous innovation that helps inspire cross-functional teams create groundbreaking solutions that address customer needs.
Trade & Working Capital ("TW&C") is a division of J.P. Morgan Payments. TW&C connects counterparties with market-leading Core Trade Products (e.g. Trade Loans, Corporate Draft Discounting, Commercial and Standby LCs) Supply Chain Finance, Receivables Finance and Export Agency Finance (EAF). Standby LC is an instrumental product not only for TW&C, but also for various other LOBs within JPMorgan that rely on the product as well.
Responsibilities
- Oversees the product roadmap, 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.
- Leads the entire product life cycle through planning, execution, and especially commercialization, with a strong focus on identifying and capturing new market opportunities, developing go-to-market strategies, and driving revenue growth.
- Continuously adapts, develops new products and methodologies, manages risks, monitors and reports on product exceptions, and achieves business targets like cost, features, reusability, and reliability to support growth.
- Coaches and mentors the product team on best practices, such as solution generation, market research, storyboarding, mind-mapping, prototyping methods, product adoption strategies, and product delivery, enabling them to effectively deliver on objectives.
- Manages product level P&L, balance sheet, RWA and capital, including planning and forecasting, forecasting management and reconciliation.
- Ensure readiness for OCC and Audit; engage with Audit/Trade Controls.
- Serve as the key point of connection with regulators and local governance bodies.
- Ensure products have obtained required regulatory, controls, and compliance signoff prior to launch.
- Ensures 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.
- Partners with Technology and Product Delivery to deliver a competitive digital platform strategy.
- Manages product level governance and risk and control environment, including product approvals and renewals and cross functional collaboration with Risk, Legal, and Compliance.
- Drives commercialization efforts by collaborating with Sales, Marketing, and Relationship Management teams to develop and execute effective sales strategies, client engagement plans, and market penetration initiatives.
- Proactively identifies new business opportunities, market segments, and client needs to expand the reach and impact of the Standby LC product globally.
Required qualifications, capabilities, and skills
- Able to demonstrate senior level experience & expertise delivering products, projects, or technology application.
- Experience in Trade & Working Capital.
- Experience working with regulators and local governance bodies.
- Extensive knowledge of the product development life cycle, technical design, and data analytics.
- Proven ability to influence the adoption of key product life cycle activities including discovery, ideation, strategic development, requirements definition, and value management.
- Proven experience working with large global teams and driving cross-regional collaboration.
- Experience driving change within organizations and managing stakeholders across multiple functions.
- Exceptional organization, communication, and management skills.
- Strong communication skills both verbal and written.
Preferred qualifications, capabilities, and skills
- Recognized thought leader within SBLCs.
- Experience leading commercialization initiatives for global financial products.
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.
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.
SBLC Global Product Executive Director - Trade Finance / Payments employer: Jpmorgan Chase & Co.
Contact Detail:
Jpmorgan Chase & Co. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land SBLC Global Product Executive Director - Trade Finance / Payments
✨Tip Number 1
Network like a pro! Get out there and connect with industry folks on LinkedIn or at events. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its products. Understand their market position and be ready to discuss how your experience aligns with their goals, especially in Trade & Working Capital.
✨Tip Number 3
Showcase your expertise! Bring examples of your past successes in product development and commercialization to the table. This will help you stand out as a candidate who can drive results.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team.
We think you need these skills to ace SBLC Global Product Executive Director - Trade Finance / Payments
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the SBLC Global Product Executive Director role. Highlight your experience in Trade & Working Capital and how it aligns with our vision for product innovation.
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you’ve driven revenue growth or led successful product launches in the past. We love seeing quantifiable results!
Be Authentic: Let your personality shine through in your application. We’re looking for someone who can inspire cross-functional teams, so don’t be afraid to share your passion for product development and innovation.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team at J.P. Morgan.
How to prepare for a job interview at Jpmorgan Chase & Co.
✨Know Your Product Inside Out
As a candidate for the SBLC Global Product Executive Director role, it's crucial to have an in-depth understanding of Standby Letters of Credit and related financial products. Brush up on the product lifecycle, market trends, and how these products fit into the broader Trade & Working Capital landscape.
✨Showcase Your Strategic Vision
This role requires a strategic mindset. Be prepared to discuss your vision for product innovation and how you would challenge traditional approaches. Think about specific examples where you've successfully identified market opportunities or driven revenue growth in previous roles.
✨Demonstrate Cross-Functional Collaboration
Highlight your experience working with diverse teams across different functions. Share stories that illustrate your ability to manage stakeholders and drive collaboration, especially in a global context. This will show that you can effectively lead cross-regional initiatives.
✨Prepare for Regulatory Discussions
Given the importance of compliance in this role, be ready to discuss your experience working with regulators and governance bodies. Familiarise yourself with relevant regulations and be prepared to explain how you ensure products meet compliance standards before launch.