CIB – Securities Services – Product Development Associate – Investment Middle Office Services (IMOS)

JOB DESCRIPTION

Join JPMorgan Chase, a hub for strategic thinkers passionate about leading Technology change initiatives in the Capital Markets domain. The Securities Services business provides middle office services, custody, accounting and administration for investment managers and asset owners, including mutual funds, hedge funds, private equity, real estate funds, pension funds, and fund of funds. 

J.P. Morgan Investment Middle Office Services (IMOS) provides institutional investors with the capabilities to enable them to outsource their post-trade execution “middle office” operational activities. The IMOS offering covers functionality across trade validation and enrichment, confirmation, settlements, collateral management, asset servicing, trading asset records, reconciliations, reporting/ data services, across multiple asset classes. 

The IMOS Product Development team delivers enhancements to existing services, or processes and applications to support new services that are provided to our clients, as part of a partnership with Operations and Technology. As a Associate, you will be responsible to promote design and delivery of key aspects of the strategic middle office product, leveraging firm-wide capabilities to implement efficient and competitive product solutions. You will work with product management, technology, and operations team to define requirements, perform business and data analysis, and drive execution of key programs to support the middle office business and its clients.

Job Responsibilities

• Strategic Roadmap execution: Design and implement the strategic IMOS roadmap throughout the entire project lifecycle, including analysis, client/user experience design, service model development, and testing/migration of components for delivery.
• Product improvement: Identify opportunities for product enhancement, differentiation, efficiency, and standardization. Present and drive process improvements.
• Collaboration with Technology: Partner with the technology team to execute the program, providing requirements and ensuring timely and budget-compliant delivery.
• Program management: Exhibit strong program management skills, with the ability to organize, develop a program plan, and break it down into achievable deliverables.
• Risk and Issue management: Manage project risks, resolve issues and conflicts, and provide regular status updates to stakeholders and management.
• Team coaching: Mentor team members and contribute to the broader group's objectives.

Required qualifications, capabilities and skills

• Middle Office experience: Proven experience in middle office service functions or products.
• IBOR and Investment Accounting knowledge: Familiarity with IBOR and/or investment accounting data.
• Trade and Position management: Comprehensive understanding of trade capture, lifecycle events, and core positions management, including confirmation, settlement, valuation, asset servicing, reconciliations, collateral management, and reporting/data services.
• Domain knowledge: Understanding of bank loans, bonds and fixed income products.
• Analytical skills: Strong business and data analysis skills with the ability to identify trends from historical data.
• Change management: Previous experience in managing strategic change programs, with hands-on analysis and testing experience.
• Proactive leadership: Energetic self-starter with the ability to navigate the organization proactively, develop, and drive the delivery of strategic vision.
• Communication skills: Excellent communication capabilities, able to convey messages clearly and succinctly with the appropriate level of detail to cross-functional teams, senior management, and clients.
• Problem solving: Logical and structured approach to planning, problem-solving, and decision-making.
• Technical proficiency: Advanced skills in Microsoft Excel, Visio, PowerPoint, SharePoint, OneNote, and Project.

Preferred qualifications, capabilities, and skills 

• SWIFT expertise: Proficient in the SWIFT messaging standard.
• Arcesium platform: Familiarity with the Arcesium platform.

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 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.