JPMorgan Chase & Co

JPMorgan Chase (NYSE: JPM) is one of the oldest financial institutions in the United States. With a history dating back over 200 years, here's where we stand today:

  • We are a leading global financial services firm with assets of $2.4 trillion.
  • We operate in more than 100 countries.
  • We have over 235,000 employees.
  • We serve millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients.
  • We are a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management.
  • Our stock is a component of the Dow Jones Industrial Average.
JPMorgan Chase & Co Nassau, New Providence, The Bahamas
Oct 05, 2017
Full Time
Wealth Management - International Fiduciary Services- Executive Director Trust Services - Nassau, Bahamas Req #: 160087939 Location: Nassau, NP,BS Job Category: Asset Management Job Description: Executive Director – Trust Services   Our Business JPMorgan Chase & Co. is a leading global financial services firm with assets of more than $2 trillion, over 260,000 employees and operations in over 60 countries. It operates across four business segments including Asset & Wealth Management, Corporate and Investment Banking Commercial Banking, Consumer and Community Banking. Through collaboration, intellectual curiosity and creativity, you can accomplish extraordinary things at J.P. Morgan. Our people do outstanding work by partnering with clients and each other to generate positive change in our local and global communities every single day. We are committed to your growth and development. We offer opportunities across all of our businesses that can take you in any direction you want to go and leaders who will support you in getting there.                  Wealth Management: JPMorgan Wealth Management delivers the highest quality advice, service, capabilities and products to high net worth individuals and families in 36 countries around the world. We deliver highly customized and tailored solutions to help clients with the many complexities they face by leveraging the commercial and investment banking capabilities of the firm. WM addresses every facet of wealth management from investment management and brokerage to tax and estate planning, credit, raising of capital, and specialty wealth advisory services.   Our Team: The International Trust Services (“ITS”) practice group provides trustee and related fiduciary services to clients of the J.P. Morgan Private Bank around the world. The ITS team administers structures established for private banking clients from Latin America, EMEA and Asia. The Global Trusts and Estates business represents $165bn in assets; the international trust business represents $49 bn in assets, administered through approximately 2400 fiduciary structures.   The Role: The Executive Director – Trust Services  has two primary responsibilities: governance and new business oversight.  Initially, the successful candidate will focus on ensuring that the governance function of the ITS practice provides a comprehensive oversight of the business.  This will include Board level participation, management of the risk committees and the adherence to regulatory guidelines as applicable. The role will involve partnering with our Compliance and Risk business partners.    In addition to governance oversight responsibilities the candidate will partner extensively with internal colleagues, including Wealth Advisors and Bankers in the development and vetting of ideas for new fiduciary structures and will serve as a technical expert for structuring and on-boarding new business.   The candidate will also chair the ITS New Business Committee.    Principal Responsibilities: Governance oversight: Partner with Compliance and Risk business partners, the relevant Board of Directors and risk committees both in the ITS business and the Global Trust & Estates practice to ensure that the applicable governance standards are adhered to. Partner with the Head of ITS business to review and develop an appropriate governance model Monitor governance developments and assist the ITS in tailoring practices to meet requirements Supervise the Company Secretary to ensure that all board meeting logistics are carried out promptly efficiently Ensure appropriate procedures are in place to support the business Advise the respective board members of their roles and responsibilities as required In conjunction with our Compliance Partner, support ITS in liaising with regulators as required Act as Senior Official II of J.P. Morgan Trust Company (Bahamas) Limited   New business oversight:   Partner with Bankers, Wealth Advisors, Clients and their advisors, and Trust Officers to structure, assess and on-board new fiduciary business Work with Wealth Advisors to propose fiduciary solutions appropriate to client needs Represent ITS in this process by assessing potential fiduciary risk and suggesting  appropriate risk mitigants Propose and negotiate fiduciary pricing Review and comment on draft documents Chair the ITS New Business Committee Provide oversight to the on-boarding of all new fiduciary structures Oversee all “restructures”, working closely with the Wealth Advisor and assigned Trust Officer/Analyst.   Qualifications: A minimum of 10 years fiduciary experience, including extensive client interaction in an international environment In depth knowledge of trust law and legal/regulatory requirements affecting international fiduciary locations Bachelors degree required; MBA or other advanced degree is a plus, LLB strongly preferred The ability to evaluate and propose effective structuring solutions The ability to assess Fiduciary risk to make appropriate business decisions Proven trust administration experience Strong communication skills, written and verbal Experience with cross-border tax and planning issues Knowledge of investment and credit products and services
JPMorgan Chase & Co Nassau, New Providence, The Bahamas
Oct 05, 2017
Full Time
Wealth Management - Fiduciary Project Manager - Associate Req #: 170090012 Location: Nassau, NP,BS Job Category: Asset Management Job Description: Background With client assets under supervision of $2.0 trillion and assets under management of $1.4 trillion, J.P.Morgan Asset Management (AM) is one of the largest asset and wealth managers in the world. We serve four distinct client groups globally through three businesses: institutional and retail clients through Global Investment Management (GIM), and high-net-worth and ultra-high-net-worth clients through Global Wealth Management (GWM), which includes the Private Bank and J.P.Morgan Securities. We offer global investment management in equities, fixed income, solutions, real estate, hedge funds, private equity and liquidity. We provide trust and estate, banking, and brokerage services to (ultra) high net worth clients.   Description The fiduciary business management group is a global function with a substantial presence in New York, Bahamas, London and Geneva which partners with senior management across GWM to deliver on the most important business strategies. As Associate for the fiduciary business management group, you will work to further define and implement new operating platforms for the business’ front office. By working with the business users, including Trust Officers, Fiduciary Executives and Business Management, you will define and document user requirements, perform detailed analyses, develop detailed project plans, serve as a liaison between front and back office, coordinate and perform application testing, manage and report progress, and drive the implementation of business solutions, and change management initiatives with business process and risk reviews, and associated adoption within the business and support functions. The size and duration of each project will vary but the objectives will invariably focus on risk mitigation, process efficiency, technology enablement and business metrics reporting.   Responsibilities A solid understanding of the project management process coupled with a detailed understanding of business analysis, testing, communication approaches and methodologies for managing the implementation of change initiatives Facilitate the overall platform development, solutions design, business process engineering and implementation Analyze business operating models to identify potential efficiencies by redefining responsibilities, workflows or implementing automation; effecting change in processes and procedures, and infrastructure Identify, assess and document business requirements; propose creative solutions that balance technical solutions and limitations of the platforms against business priorities Analyze impact of proposed solutions across the business, develop use cases to explain / demonstrate business requirements to IT teams, and contribute a business or process perspective during design Translate business requirements into test plans; conduct and facilitate testing in cooperation with development teams and business. Ensure issues are captured and develop plans to remediate them Facilitate implementation of new functionality through training sessions, demos, and the development of training manuals to ensure projects move seamlessly into the BAU environment Attributes: Very strong analytical, conceptual and creative thinking, with ability to develop business insights and hypotheses Ability to build consultative relationships with senior management, becoming a trusted partner for thinking strategically about the business Ability to develop clear, concise and pragmatic findings and recommendations, and prepare and deliver well-designed presentations, with exceptional attention to detail Exceptional interpersonal leadership and influencing skills, and ability to achieve goals without direct control over resources Ability to effectively transform both quantitative and qualitative information into a compelling presentation Self starter who is comfortable with multiple, competing priorities and enjoys working in a fast-paced environment Qualifications Experience in wealth management, private banking preferred 3+ years of Business Analysis and Project Management experience Experience and / or understanding of business process modeling, business systems development and analysis Experience implementing business transformation, operational risk management, and / or efficiency programs preferred Microsoft Office skills with proficiency in Excel, Word, Visio, and PowerPoint are required