Custody Operations - Governance & Oversight Vice President
BOURNEMOUTH, DORSET, United Kingdom
Job Information
* Job Identification 210607954
* Job Category Asset Servicing
* Business Unit Commercial & Investment Bank
* Posting Date 03/24/2025, 12:00 AM
* Locations BOURNEMOUTH, DORSET, United Kingdom
* Job Schedule Full time
Job Description
Are you experienced within a risk-based environment and passionate about team leadership? Then you found the right position for you!
As a Custody Operations - Governance & Oversight Vice President within the Global Custody Asset Servicing team, you will play a senior role in performing oversight, ensuring seamless and consistent adherence to regulatory requirements whilst also minimizing risk to the department. This includes monitoring from a business owner standpoint, overseeing all components to meet service requirements and compliance with outsourcing laws, regulations, and JPMC policies and procedures. Custody Operations are responsible for front-to-end processing of 1700+ clients, with $27.8 trillion Assets under Custody across 100 Global markets, including Onboarding, Settlements, Client Service, and Asset Servicing.
Job Responsibilities
* Completes Governance & Oversight of Custody Operations teams to ensure compliance with JPM UK regulatory obligations and business service standards.
* Completes regulatory oversight, reporting, and escalation of Custody Operations issues/incidents to other jurisdictions/legal entities i.e. JPMSE.
* Completes oversight of any CASS/SCGA incidents/breaches reported by any Custody Operations teams. Investigate, report as necessary, and drive prompt resolution to adhere to regulatory requirements.
* Ensure clear, well-documented communication between internal teams ensuring SOPs and SLAs are frequently reviewed and updated for consistency.
* Oversee outsourcing requirements for Custody Operations i.e. materiality reviews, exit plans, and annual reviews. Identify, drive, and implement process improvements across Custody Operations ensuring consistency throughout.
* Represent Custody Operations on CASS, SGCA & Outsourcing forums.
* Completes Governance & Oversight of Reconciliation function performed in Bangalore/Manila to ensure compliance with JPM UK regulatory obligations and business service standards.
* Provide client presentations as required on Custody Operations/Reconciliation G&O role and processes.
* Lead for any internal/external audits i.e. PwC.
* Provide effective team communication through regular one-to-ones and team meetings providing information on changes impacting the team, including market changes, functional moves, and procedural/service changes.
Required Qualifications, Capabilities, and Skills
* Successful performance in a risk-based environment with a proven track record of risk reduction.
* Results-based experience demonstrating strategic and analytical thinking.
* Track record of working in a changing environment with the experience of learning, documenting, and implementing new processes efficiently.
* Demonstrated experience of multi-tasking and effective time management with attention to detail in a fast-paced environment.
* Proven team management and leadership skills.
* Demonstrated presentation skills.
* Experience of communicating both orally and in writing to management, clients, and colleagues.
* Must have advanced Microsoft Office skills: Excel, Word, and PowerPoint.
Preferred Qualifications, Capabilities, and Skills
* Financial Services background preferred, ideally within a Custody or Investment Bank environment.
* Experience of managing global teams preferably within Custody Operations with experience in Asset Servicing, Trades, Settlements, etc.
* Proficient in Microsoft Office & Project Management skills.
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
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.
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