Network Management is a global function within Digital & Platform Services (DPS) of the Corporate & Investment Bank (CIB) responsible for managing J.P. Morgan’s network of Agent Banks and Financial Market Infrastructures (FMI) to meet the firm’s requirements for oversight of cash and securities services for principal and client activities in over 100 markets. The network of providers includes banks, sub custodians, payment systems, central counterparties, securities depositories and cheque clearing systems.
Network Management has a global presence in key locations to provide market coverage and is comprised of several teams including: Securities & Cash Network Management, Network Client Consulting (NCC), Network Performance Management and Network Management Oversight.
Roles And Responsibilities
Conducting comparative pricing analysis and supporting Network Managers to achieve cost reductions utilizing safekeeping values, transaction volumes, cash balances, debit/credit interest, rate cards, and spend data.
Improving data quality by identifying and reviewing data anomalies and working with relevant teams to resolve, conduct root cause analysis and take steps to prevent recurrence.
Tracking progress of all pricing analysis through the different stages and ensuring appropriate documentation of evidence for estimated “saves”.
Maintaining executed fee schedules on the system of record.
Providing executed fee schedules to the relevant internal teams with any necessary clarifications to ensure that new fee schedules are implemented as expected, working with the Network Managers as needed.
Ad-hoc reporting to Senior Management of the overall financial relationship with agent banks for agent bank meetings and cost negotiations.
Qualifications/Competencies
Strong data analysis skills including proficiency with Microsoft Excel.
Attention to detail combined with an ability to absorb information, highlight potential data quality issues and own to resolution.
Strong written and verbal communication skills.
Ability to foster a collaborative working relationships.
A financial services background with an understanding of agent bank invoice attributes and structures is preferred.
Ability to operate under tight deadlines when required.
Effective time management including goal setting, planning, prioritizing, and monitoring.
Graduate from any stream and with 5+ years of work experience.
JPMorgan Chase & Co., 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 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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
About the company
For over 200 years, JPMorgan Chase & Co has provided innovative financial solutions for consumers, small businesses, corporations, governments and institutions around the world.
Today, we’re a leading global financial services firm with operations servicing clients in more than 100 countries.
Whether we are serving customers, helping small businesses, or putting our skills to work with partners, we strive to identify issues and propose solutions that will propel the future and strengthen both our clients and our communities.
© 2017 JPMorgan Chase & Co. JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.
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