Job ref no.: CT3128817-01#6018

Wealth Management, Asia Solutions Product Development (Discretionary & Funds), Associate

JPMorgan Chase Bank, N.A.

Our Team

The Solutions & Product Development Team ("SPD") is focused on delivering high impact product initiatives. The team works in conjunction with the Cross Asset cash & derivatives Trading, Cross Asset Sales and Managed Solutions leadership team, and partners closely with the Investment business, legal, risk management, compliance, controls, operations, technology to achieve & support the following agenda:
 

  • New Products and Business Solutions development
  • Platform developments and Process improvements
  • Day-to-Day Product Management for Solutions desks
  • Regulatory Initiatives

The Role

Investment management products and services is a core offering within J.P. Morgan Private Banking. It offers the full spectrum of investment strategies - from equity, cash management, fixed income, currency and asset allocation to alternative asset classes such as private equity, real estate and hedge funds. These strategies are delivered to clients in a variety of structures, including discretionary portfolios and regulated fund wrappers.

The Associate, Asia Solutions & Product Development (Discretionary & Funds) will be based in Hong Kong and reports to the Head of Asia Solutions Product Development. The role encompasses both product management and product development activities for discretionary services (multi-asset portfolios and separately managed accounts) and funds (hedge funds, private equity funds, mutual funds and exchange traded funds) in Asia. The role will also partner closely with the International Private Bank ("IPB") Discretionary Product Development as well the International Funds Product Management teams for global and/or IPB-wide initiatives.

Key Responsibilities
 

  • Provide product management support to the Discretionary & Funds business in Asia
  • Support ad-hoc product enquiries mainly from the Managed Solutions team and Investors on bespoke client needs
  • Collaborate with the IPB Discretionary Product Development and Funds Product Management teams to drive new product development of discretionary portfolios and fund solutions through prioritization, design, development and launch, working across all functions of the Private Bank where necessary
  • Support the prioritization of Asia-specific initiatives amongst the existing global pipeline by assessing feasibility and understanding commercial viability.
  • Develop and manage product implementation plans; provide regular updates for senior management on implementation status, benefits and/or issues to the business
  • Provide subject matter expertise to support process improvement, product modifications and implementation of changes rising from significant industry, business or regulatory changes
  • Act as an escalation point when coordinating across the diverse perspectives of legal, risk, compliance, operations and investments to successfully bring the product to market
  • Liaise with local stakeholders and communicate Asia-specific issues within the global organization
  • Proactively identify potential risks and control gaps and own action plans to remediate those
  • Own and maintain Discretionary & Funds processes and procedures
  • Adhere to best practices and governance practices, including new business initiative approval procedures and risk identification

Attributes
 

  • Proactive, accountable, and detail oriented work ethic
  • Organized and comprehensive project management approach
  • Enjoy working in a fast-paced and demanding environment
  • Confidence and skill to both develop and recommend solutions to business leaders as well as influence them to transform the current state
  • Ability to quickly analyze current business practices to identify risks, inefficiencies, and opportunities and develop innovative solutions
  • Strong written and verbal communication skills to communicate problems, solutions, and step by step instructions on how to implement them. Must be able to communicate with senior management, sales force, operations and technology team equally effectively.
  • Strong problem solving skill. Ability to break down complex problems into components and find innovative solutions to a wide variety of compliance, legal, technological, and behavioral constraints.
  • Ability to identify and question implied assumptions, and exploit faulty assumptions to improve processes and systems

Qualifications
 

  • 4+ years of experience within Private Wealth Management or Asset Management from product management, product development/implementation, process re-engineering or business management perspectives
  • Project Management experience, with the ability to manage, organize, and control activities of complex projects to ensure timely and successful delivery
  • Familiarity with product features and regulatory landscape for discretionary services and funds (mutual funds, ETFs, alternatives etc.)
  • Good understanding of investment management products and services offerings and business models across the Asia private banking market
  • Fluent in English a must. Other Asian languages such as Cantonese and/or Mandarin a bonus
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. 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.

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More job information
Job ref no. CT3128817-01#6018
Salary
Job Function
Industry
Employment Term
  • Permanent
  • Full-time
Experience
  • 4 years - 9 years
Career Level
  • Non-management level
Education
  • Degree