Payments - Global Clearing Product Director - Executive Director - Frankfurt (all genders)

Introduction

JOB DESCRIPTION

The Global Clearing Product team within Payments is responsible for the day-to-day management, development, and delivery of J.P Morgan's USD, EUR and GBP wires propositions. The Global Clearing business moves over $3 trillion worth of wholesale payments every day. Similar to the retail payment industry familiar to consumers, the wholesale industry is at the peak of a technological evolution with a focus on digitalizing payments, designing client-centric user interfaces, providing real-time analytics, and doing all this cheaper, faster and more secure than ever before.

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. 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.

Job Responsibilities

As Global Clearing Product Director within J.P. Morgan Payments, you will be responsible for the end-to-end product management of our industry leading EUR Clearing proposition. The scope of the role includes product strategy, financial performance management, risk management, product development, as well as industry and regulator engagement. In this role you will collaborate extensively with cross functional teams across Sales, Service, Operations, Technology, Risk, Compliance and Legal.

• Drive EUR Clearing revenue and market share to maintain and extend J.P. Morgan's leadership position through cutting-edge products and a well-defined go-to-market strategy
• Own and be responsible for the development and execution of the product strategy and vision, ensuring the EUR Clearing proposition meets the evolving needs and demands of consumers
• Manage the financials by driving increased revenue through product enhancements, fine-tuned pricing strategy, while increasing operational efficiency; you will work closely with Sales and Finance to understand, track and forecast performance
• Own and be responsible for the overall success of the product through defined objectives, key results/performance indicators, assessments, and product effectiveness
• Act as the voice of the customer through market research and lead ongoing improvements for a cohesive set of products, platforms, solutions, and channels that provide value to customers
• Influence the Global Clearing strategy through advocating for EUR Clearing needs within the global agenda, and ensuring alignment and consistency of product set across regions by collaborating closely with partners across the Global Clearing product team
• Partner with senior stakeholders across regions, legal, compliance, operations, technology and service, to ensure the delivery of product solutions to meet client needs and drive new business development
• Anticipate internal and external factors impacting the EUR Clearing business and implementing plans to mitigate risks and capitalize on opportunities
• Present thought leadership on industry trends, best practices and client-tailored solutions to our clients, the market and the Global Clearing team, and support industry engagement with key partners
• Partner closely with J.P. Morgan's Sales and Service teams in order to streamline product promotion and implementation of new business, whilst maintaining the highest level of customer satisfaction for existing clients.

Your profile

Required Qualifications, Capabilities and Skills

• Fluent German language speaker
• Strategic thinker, execution oriented, with strong analytical skills
• Significant experience of product management (or equivalent role) experience within the payments industry
• Gravitas to represent J.P. Morgan in industry committees and forums
• Solid track record of success in developing and implementing large-scale initiatives
• Prior experience in strategic planning, P&L management, and business case development
• Experience driving change in complex organizations and managing stakeholders across multiple functions

Preferred Qualifications, Capabilities and Skills

• Experience in dealing with Financial Institution type clients
• Recognized thought leader and innovator with demonstrated industry eminence
• Creative problem solver, capable of developing innovative and differentiated solutions
• Superior presentation and communication skills
• Proficient in Microsoft Word, Excel, and Powerpoint

We offer

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.