JPMorganChase
Securities Services - Depositary Services - Client Depositary Manager - Vice President
Be an Early Applicant
As a Vice President in Depositary Services, you will manage client relationships, execute oversight activities, and lead risk assessments while ensuring compliance with regulatory requirements.
Job Description
Job Summary:
As a Vice President in the Securities Services - Depositary Services team, you will join a diverse and experienced team of depositary client managers. You will be responsible for leading, managing, and directing specific depositary services client relationships across oversight and controls. You will execute key business objectives, manage client and business risks, develop depositary product capabilities, and cultivate key client and stakeholder relationships. This role offers an opportunity to apply your technical and regulatory thought leadership and the ability to execute complex programs of work and manage strategic client relationships for clients managing Luxembourg UCITS and AIFs.
Job Responsibilities:
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.
Job Summary:
As a Vice President in the Securities Services - Depositary Services team, you will join a diverse and experienced team of depositary client managers. You will be responsible for leading, managing, and directing specific depositary services client relationships across oversight and controls. You will execute key business objectives, manage client and business risks, develop depositary product capabilities, and cultivate key client and stakeholder relationships. This role offers an opportunity to apply your technical and regulatory thought leadership and the ability to execute complex programs of work and manage strategic client relationships for clients managing Luxembourg UCITS and AIFs.
Job Responsibilities:
- Ensure accurate and timely execution of oversight activities for allocated client relationships within defined business control and escalation frameworks.
- Foster and develop strategic partnerships with clients and key stakeholders, prepare and present depositary oversight programs and findings, and attend client fund board meetings.
- Lead by example, managing oversight activities to ensure risk assessments, client requirements, and due diligence are completed satisfactorily.
- Identify emerging risks and escalate them to senior management for appropriate assessment and mitigation.
- Support product differentiators and develop a philosophy of continuous improvement.
- Engage with internal partners to ensure the Depositary strategy is comprehensive and supports the wider Investor Services objectives.
- Ensure depositary services comply with applicable laws and regulations and the specificities of alternative or private asset funds.
- Lead and manage depositary client relationships to refine and develop capabilities during a period of significant regulatory evolution and business growth.
Required qualifications, capabilities, and skills: - Financial services experience, in depositary services.
- Detailed knowledge of Luxembourg UCITS and AIFMD (Alternative Investment Fund Managers Directive) depositary oversight requirements, including relevant CSSF (Commission de Surveillance du Secteur Financier) Circulars and Regulations.
- Extensive experience in the Luxembourg fund industry, including legal and regulatory requirements.
- Strategic management approach with the ability to identify and manage evolving risks.
- Professional judgment, strong communication, and networking skills.
- Broad commercial expertise combined with experience in contractual and related legal processes.
- Demonstrable leadership and management capabilities.
- Analytical skills to review evolving market practices, assess oversight metrics and results, and identify trends.
- High emotional intelligence, with sound networking and influencing skills to enhance the effectiveness of the Depositary team.
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.
Top Skills
Aifmd
Cssf
Luxembourg Ucits
Similar Jobs at JPMorganChase
Financial Services
The AML/KYC Transfer Agent will oversee operations, ensure quality assurance for AML/KYC handling, manage complex ownership structures, collaborate with stakeholders, and support risk controls.
Top Skills:
AlteryxExcelMs PowerpointMs Word
Financial Services
The role involves managing operational risk during M&A integrations, enhancing control frameworks, and developing governance policies for the Payments Controls team.
Top Skills:
ExcelMs Powerpoint
Financial Services
Lead the AML Transfer Agency team, ensuring compliance with KYC/AML regulations, managing onboarding and oversight processes, while developing client relationships and driving strategic projects.
Top Skills:
AmlCssf RegulationsFinancial CrimesKycLuxembourg Fund IndustryProject Management Skills
What you need to know about the Belfast Tech Scene
If asked to name the birthplace of the RMS Titanic, you might not say Belfast. Similarly, if asked to name Europe's leading destination for foreign direct investment in new software development, Belfast might not come to mind. Yet, both are true. The city has emerged as a tech powerhouse, recently ranked among the best in the U.K. for tech careers — especially for software developers. It also leads the U.K. with the highest percentage of software development jobs advertised.