Product Director - Bank to Bank Payments - Accelerator Program

Job Description
Out of the successful launch of Chase in 2021, we're a new team, with a new mission. We're creating products that solve real world problems and put customers at the center - all in an environment that nurtures skills and helps you realize your potential. Our team is key to our success. We're people-first. We value collaboration, curiosity and commitment.
As a Product Director at JPMorgan Chase within the Accelerator Program, you are the heart of this venture, focused on getting smart ideas into the hands of our customers. You have a curious mindset, thrive in collaborative squads, and are passionate about new technology. By your nature, you are also solution-oriented, commercially savvy and have a head for fintech. You thrive in working in tribes and squads that focus on specific products and projects - and depending on your strengths and interests, you'll have the opportunity to move between them.
While we're looking for professional skills, culture is just as important to us. We understand that everyone's unique - and that diversity of thought, experience and background is what makes a good team, great. By bringing people with different points of view together, we can represent everyone and truly reflect the communities we serve. This way, there's scope for you to make a huge difference - on us as a company, and on our clients and business partners around the world.
Job responsibilities:

• Lead the entire product life cycle through planning, execution, and future development by continuously adapting, developing new products and methodologies, managing risks, and achieving business targets like cost, features, reusability, and reliability to support growth
• Define partnership model, enablement procedures, and day-to-day operational management of the connected bank-to-bank payment schemes (e.g. SWIFT, SEPA, FPS, etc.) and relating clearing & settlement mechanisms (e.g. STEP2), in line with the firm's global expansion strategy, operational excellence, and security standards
• Assist with commercial/ go-live functions such as new business approvals process, product reviews, policy and compliance checks for both product and complementary operational processes, market research, and go-to-market activities
• Coach and mentor the product team on best practices, such as solution generation, market research, storyboarding, mind-mapping, prototyping methods, product adoption strategies, and product delivery, enabling them to effectively deliver on objectives
• Own product performance and is accountable for investing in enhancements to achieve business objectives
• Monitor market trends, conducts competitive analysis, and identifies opportunities for product differentiation

Required qualifications, capabilities and skills

• Expertise delivering products, projects, or technology applications
• Must have Bank to Bank payments experience
• Extensive and in-depth knowledge in direct enablement of domestic (e.g. SEPA, FPS, Bacs, etc) and cross-border payment schemes
• Experience with platform/ API products and related system design concepts in order to help translate the needs and requirements of the customers into well-designed services
• Familiar with additional rigour around regulatory and audit requirements (e.g. financial crime monitoring) that banks are subjected to
• Experience driving change within organizations and managing stakeholders across multiple functions

Preferred qualifications, capabilities and skills

• Recognized thought leader within a related field
• Hands-on knowledge of financial messaging e.g. SWIFT MTxxx, ISO20022
• Experience working with directly with clearing and settlement mechanisms (CSMs) and transaction banking industry qualifications e.g. ACT / ICM, SWIFT, etc.
• Knowledge of the external transaction banking landscape, key players (inc. banks, PSPs, fintech, vendors), legislative environment (Open Banking, PSD2/3 etc)

#ICBCareer #ICBEngineering
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
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
The Digital team is dedicated to creating innovative, industry-leading products and experiences that help customers access, share and control their financial data so they can make smart decisions with their money. Teams enable innovation while adhering to the firm's data sharing principles of security, customer control and convenience, and privacy.