Payments - Global Head of Core Trade - Executive Director
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Job Description
Core Trade is part of Trade & Working Capital and covers Trade Loans, Commercial & Standby Letters of Credit, Guarantees, Corporate Draft.
As a Product Director in Trade and Working Capital, you lead innovation through the development of products and features that delight customers. As a leader on the team, you 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.
Job responsibilities
- Oversees and manages 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 lifecycle 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 OCC and Audit readiness; engagement with Audit/Trade Controls
- Serve as the key point of connection with regulators and local governance bodies
- Create high performing teams and manage with clear objectives, goals and targets
Required qualifications, capabilities and skills
- Experienced in delivering Core Trade products, projects, or technology applications
- Well-versed in Trade & Working Capital, Payments, Investment Banking or Credit Risk
- Experienced in working with regulators and local governance bodies
- 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, capabilities and skills
- Recognized thought leader within a related field
- Experienced in digital transformation and fintech integration in trade finance
- Proven track record of managing global 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
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.