Securities Services - On-Balance Sheet Product - Vice President

Job Description

Job Summary

As a Vice President within the On-Balance Sheet Liquidity Product team in Securities Services Liquidity & FX, you will play a key role in supporting the design, delivery, and ongoing management of innovative balance sheet solutions for a global client base of asset managers and asset owners. The On-Balance sheet product team is responsible for running a $225BN+ deposit book, $1.5BN of overdrafts, providing innovative interest and liquidity solutions designed to meet the needs of Securities Services asset manager and asset owner client base – handling 425,000+ demand deposit accounts across 70+ currencies. The team reports into the Global Head of Liquidity & FX, and is part of the Custody organization within Securities Services.

Reporting directly to the Global Head of On-Balance Sheet Product, you will be instrumental in driving the execution of the strategic product roadmap, ensuring delivery of high-quality product solutions that are aligned with client needs, regulatory requirements, and firmwide goals. You will collaborate cross-functionally with stakeholders in Product Development, Technology, Operations, Sales, Risk, Finance, and Legal to deliver robust and scalable solutions.

This role is ideal for a candidate with strong product management experience, regulatory fluency, and a client-first mindset who thrives in a fast-paced, global environment.

Job responsibilities

• Support Product Strategy Execution: Drive delivery of key product initiatives across deposits, liquidity, and interest solutions, ensuring alignment with the broader Securities Services and Cash & Liquidity strategy.
• Product Lifecycle Ownership: Manage day-to-day product performance, including onboarding support, pricing reviews, client engagement, issue resolution, and continuous enhancement of features and controls.
• Client and Market Focus: Assist in developing and tailoring solutions to meet evolving client needs, including global and regional asset managers and asset owners, and monitor market developments and competitor offerings.
• Cross-Functional Delivery: Partner with Technology and Operations to support the ongoing build-out of the strategic liquidity platform, including migrations from legacy solutions (e.g., notional pooling and group pricing).
• Subject Matter Expertise: Develop and maintain expertise across deposit products and liquidity structures, including pricing, liquidity management, and regulatory topics such as Basel III, deposit insurance, and withholding tax considerations.
• Risk & Regulatory Support: Contribute to the creation and maintenance of robust control frameworks that support compliance with deposit-taking regulations and internal risk standards.
• Analytics & Reporting: Leverage data to support product decisions, identify trends and opportunities, and contribute to performance tracking and reporting for senior management.
• Stakeholder Engagement: Build strong partnerships across internal teams including Balance Sheet Management, Treasury, Finance, Risk, and Legal to ensure alignment and successful execution of product deliverables.

Required qualifications, capabilities, and skills

• Proven experience in product management, financial services, or liquidity and deposit products, within Securities Services, Treasury, or Payments environments.
• Strong analytical and problem-solving skills, with the ability to manage complex, multi-dimensional initiatives across functions.
• Excellent written and verbal communication skills with the ability to articulate technical concepts to diverse audiences.
• Familiarity with global regulatory frameworks impacting deposits and liquidity (e.g., Basel III, LCR/NSFR, deposit insurance regimes).
• Strong organizational skills and attention to detail; capable of managing multiple priorities in a dynamic environment.
• Demonstrated ability to work independently while also contributing to team-based deliverables.

Preferred qualifications, capabilities, and skills

• Securities Services-related experience, and/or deposit experience
• Understanding of liquidity products such as notional pooling, group pricing, and multi-currency deposit structures.
• Exposure to platform or infrastructure transformation projects, especially in a highly regulated environment.

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.