What are the responsibilities and job description for the Operations Business Management, Vice President position at JPMorgan Chase?
As the Operations Business Management, Vice President within the Business Management team, you will optimize business performance by promoting key initiatives and acting as a trusted advisor to senior management. You will be responsible for implementing new business strategies, identifying and mitigating business risks, and partnering with various departments to enhance operational efficiency and prepare the business for evolving market demands.
This is a time-pressured and high-profile position which is instrumental in assisting/advising senior management and in coordinating the deployment of the bank’s corporate resources to address strategic and tactical objectives.
Job responsibilities:
- Implement new business strategy, strategic initiatives or platforms, including aligning department and support groups (Finance, Tech, Ops, Legal, Compliance)
- Optimize 'bottom line' business performance by driving key initiatives (fees, cost base, RWA and capital utilization)
- Identify, escalate and mitigate business risks that could impair our ability to do business: e.g. legal, tax, regulatory, capacity issues, extraordinary transaction costs
- Analyze financial performance, including expenses; identify productivity initiatives and drive implementation
- Partner with the business, Operations and Technology in the definition of future workflows and implementation of related technology and infrastructure projects to prepare the business to meet the requirements of an ever evolving market structure
- Partner with the relevant external service/ infrastructure providers
Required qualifications, capabilities and skills:
- Bachelor’s degree in Business, Finance or Economics
- Previous product knowledge and/or prior Business Management or COO experience
- Present well to senior and global business heads
- Able to forge strong internal relationships across a broad range of functions
- Self-motivated, tenacious and able to work with high degree of independence
- Excellent written and oral communication skills
- Able to both define and deliver to conclusion a strategic agenda across multiple groups
- Strong analytical and problem solving skills with ability to analyze large data sets and present conclusions concisely
