VP & Product Lead- India Domestic Core & Emerging Payment Rails

India

JOB DESCRIPTION

Job summary:

As the TS Product Manager (VP Level), you will be responsible for managing the India Domestic Core & Emerging Payment Rails including Payments/Receivables/Channels/Value added services for JPM India’s corporate clients across various market segments including the large Local corporate, subsidiaries of Multinational Corporate relationships across the globe and Non-Banking Financial Institutions (NBFI). You will serve as the voice of the market guiding product evolution & growth engaging with multiple local and regional as well as industry stakeholders.

Job responsibilities:

Business Ownership

Be on top of business drivers & Revenues
Articulate & execute against market opportunities with proper prioritization of expansion/evolution/modernization of domestic payment products
Own the local go to market strategy ensuring market readiness of product releases and accounting for product commercialization.
Have the ability to present Transaction Services’ capability/roadmap/vision for Senior Management

New Products and Projects Delivery

Have the ability to manage multiple projects and getting the right mix of application design and technology to deliver the product within timelines
Work with local and regional stakeholders for Product approvals/Change Managements
Work with regional product and technology for prioritization and planning for product enhancements
Identify strategic partnerships with Fintechs/partner banks and work towards onboarding of new partners
Have the ability to prepare clear Business Requirements documentation and system design, development and implementation
Have the ability to innovate and come up with tactical solutions that can help reduce time to market
Work with local technology partners on bespoke solutions for clients

Partnership with Sales/Relationship teams

Participate in key client pitches, in partnership with the Relationship and Sales team
Have an ability to prepare compelling pitch books for client presentations with the knowledge of TS capabilities

Operations & Network management

Have the ability to review Standard Operating Procedures to ascertain they meet the Product requirements
Work closely with Partner Banks and Vendors for day to day delivery
Undertake assessments of payment system memberships

Track Regulatory and Market developments

Track all Regulatory circulars/announcements and evaluate impact to Product/processes
Maintain harmonious relationships with key regulators/clearing house and advocate future looking updates/client use cases
Ensure stringent compliance with all rules and regulations impacting the product portfolio
Track market developments and conduct peer bank benchmarking to help in planning future product roadmap

Liaise with Legal team to design/modify client Agreements; Own all product related communications sent to Customers

Work closely with Onboarding team to ensure seamless implementation of major/critical mandates

Stakeholder management

Liaise with various Regional/Global teams and act as a Subject Matter Expert for India capabilities
Partner Control teams to ensure Product/operations/Technology are well aligned on an ongoing basis
Build and maintain relationships with key partners/stakeholders for Build & Commercialization of TS products

Required qualifications, capabilities and skills:

Sound understanding of Payment rails in India – NEFT/RTGS/NACH/Cheques as well as IMPS/UPI

Preferred qualifications, capabilities and skills:

Prior experience in Transaction Banking Product/Techno-functional roles with track record of working on complex projects preferred

ABOUT US

JPMorganChase, 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. 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.

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