Prime Brokerage Cash & Controls - Vice President
J.P. Morgan
Are you ready to lead and innovate in a fast-paced, dynamic environment? The Prime Brokerage department provides packaged services to hedge funds and professional investors, enabling them to finance their investment activities through a bespoke range of products tailored to their needs. Our services include Global Custody, Securities Lending, Financing, and Margin Solutions.
As a Vice President in our Prime Brokerage Cash & Controls team, you will leverage your exceptional technical and leadership skills to drive team success and deliver outstanding client solutions. You will play a pivotal role in shaping strategy, mentoring team members, and fostering a culture of excellence and innovation. Join us and be part of a company that supports your professional growth and offers exciting challenges at the forefront of the industry. As a successful applicant you will be required to obtain your FINRA Series 99 certification within 12 months of your start date
Job responsibilities
- Oversee and optimize payment processing and cash wire activities for institutional and retail clients
- Design, implement, and monitor robust payment controls and standards
- Lead investigations and resolution of complex cash and control breaks
- Build and maintain strong relationships with global partners and stakeholders to resolve reconciliation issues
- Drive the design and implementation of key controls across the trade lifecycle process
- Lead analysis and initiatives to increase STP (Straight Through Processing)
- Develop, revise, and enforce company and department policies and procedures
- Ensure all work items are completed within agreed timelines, setting high standards for the team
- Prepare, analyze, and present metrics to senior management
- Mentor and develop junior team members, fostering a collaborative and high-performing team environment
Required qualifications, capabilities, and skills
- Exceptional skills in using automation technologies to optimize systems and processes
- Deep knowledge of market products, operating procedures, and relevant industry regulations
- Strong leadership and team management experience
- Strategic problem-solving skills and ownership of complex issues
- Impeccable time management and ability to deliver at a high standard under pressure
- FINRA licensing: SIE + Series 99
- Advanced expertise in data analysis and ability to communicate data-driven insights to inform strategic decisions
- Expertise in creating and delivering presentations to senior management and stakeholders, both in person and virtually
Preferred qualifications, capabilities, and skills
- Significant experience in financial services, especially Corporate Banking
- Strong payments understanding and background
- Proven leadership in Prime Brokerage, Securities Settlements, or Asset Servicing
- Extensive reconciliation experience
- Advanced analytical skills
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.
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.
Join our team as a Prime Cash Controller and contribute to driving impactful solutions in a dynamic environment.
