FX Services - FX Product Manager (Passive Currency Overlay) - Associate/VP

Last updated 20 minutes ago
Location:Greater London
Job Type:Full Time

About J.P. Morgan FX Services – Passive Currency Ovleray

FX Services provides spot and forward FX pricing and processing capabilities to internal JPMorgan business lines, namely: Securities Services, Wholesale Payments, Commercial Bank and Consumer & Business Banking. In collaboration with JPMorgan Security Services, FX Services manages a Passive Currency Overlay programme which is offered to Asset Managers who are looking for solutions in managing the currency risk associated with both their global investments and investor locations.

The role

Based in London, responsibilities include:

Product Management:

§ Partner with broad range of internal and external stakeholders to define new FX hedging capabilites, analytical modelling and operating flows

§ Facilitate the prioritization across impacted groups on the build out of new product features

§ Work with in house technology team in Agile methodology to deliver those new products through strategic system builds

§ Define and communicate a clear multi year strategy for build out of product offering

Business Analysis:

§ Become a Subject Matter Expert in the relationship Passive Currency Overlay has with partner JPM Security Service business lines, in order to advance FX hedging and analytical capabilities

§ Partner closely with the FX Services Execution Desk, Client Management and Middle office teams to help define and capture their future state through shadowing, workshops, review sessions, data analysis, etc.

§ Work with Technology to refine requirements into detailed specifications and agree optimal solutions that are then reviewed with ultimate end users

§ Participate in definition of testing approaches and provide business sign off based on facilitation of key stakeholders review/input

§ Work with key control partners to implement robust procedures and processes to close any identified gaps

Risk and Control:

§ Partner with global teams in Business Control, Legal and Compliance

§ Ensure that the appropriate risk controls, including local regulatory considerations, are in place and adhered to for the products

  • Discuss the operational procedures, data flow and system dependency of the existing business process. Identify risk, gap and improvement areas

§ Provide subject matter expertise for pricing, bookings, risk management issues

§ Participate in enhancements and new product UAT, Production Tests and roll out

Competencies:

§ The ability to interact with a broad range of stakeholders to extract product needs and opportunities for enhancement, and the innovative insight to translate those needs into scalable product solutions and opportunities

§ Proven experience of reeingeering and automating complex processes through close colaboration with end users and a technology delivery team

§ The ability to take complex scenarios and summarise pertinent points to drive Senior Management decision making

§ Strong problem solving skills with a structured and analytical approach that is able to challenge the status quo

§ The ability to lead new product build outs and enhancements from start to finish; partner across various product and technology teams, create and execute project plans

Experience Required:

§ Demonstrable experience in a project environment within financial services

§ Business analysis and/or project management experience

§ Experience of FX Instruments including pricing and execution