J.P. Morgan Private Bank is looking for a Vice President to join our New York-based US Derivatives Product Development team. We own the global OTC and structured products journeys end to end, partnering with Sales, CIB, Technology and Operations to automate and scale distribution, deliver seamless client experience, and embed robust risk globally.
As a OTC Product Development Lead, Vice President, you will be the architect of the end-to-end product journey for the US and Latam Private Bank. You are the single point of accountability for bridging the gap between our Sales teams, broader stakeholders and the Corporate & Investment Bank (CIB). Your goal is to transform complex OTC products into a seamless, automated, and scalable client experience, ensuring the US lead sets a very high standard that aligns with our global business.
Job responsibilities:
- Strategic Partnership: Lead high-level relationships across the Private Bank stakeholders and CIB market teams. You will align stakeholders across Legal, Risk, Compliance, and Tech to turn complex product journeys into simplified realities.
- Roadmap Ownership: Define and execute the OTC product strategy. This includes managing the commercial lifecycle, pre and post trade experiences, and marketing while securing all necessary governance approvals.
- Digital Transformation: Drive deep integration with CIB platforms. You will champion \"first-time-right\" execution by embedding suitability mapping and automation directly into the order workflow.
- Scale & Automation: Move the needle on STP (Straight-Through Processing). You will lead the automation of quoting, booking, and collateral management, using data to reduce cycle times and eliminate manual errors.
- Risk & Frameworks: Enhance risk and credit frameworks. You'll deliver superior portfolio-level risk analytics and collateral visibility for both the bank and our clients.
- Regulatory Leadership: Act as the primary lead for regulatory implementations, ensuring all OTC products meet evolving global standards and audit requirements.
- Innovate product development to include analyzing the trade flow journey from onboarding to trade lifecycle. Driving platform adoption, marketing , enhance capabilities and obtaining any governance approvals
- Identify, evaluate and implement strategic enhancements to the business through automation, vendor relationships or other means for business change.
- Growth and scale: Measurable revenue uplift driven by scaled distribution, increased usage of our click to trade capabilities.
- Global Consistency: A unified, \"one-bank\" client journey across the US, EMEA, and Asia.
- Ironclad Controls: A proactive control environment where pre-trade checks and suitability are non-negotiable gatekeepers for every launch.
Required qualifications, capabilities, and skills:
- Minimum 6 years experience in Product Development or Digital Markets with a proven track record of front-to-back delivery.
- Asset Class Expertise: Deep derivatives technical fluency across Equities, FX, Rates, Credit, and Commodities, including a solid grasp of xVA and lifecycle events.
- The Architect Mindset: Experience delivering integrations and platform scalability within a highly regulated environment.
- Commercial Instinct: A self-driven owner who isn't afraid to challenge and who prioritizes high-impact delivery.
- The Influencer: Exceptional stakeholder management skills with the ability to translate complex data into \"board-ready\" governance materials and business strategies.
ABOUT USJPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
ABOUT THE TEAMJ.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
