Oversee credit approval for cash payments and securities, manage risk, drive strategic initiatives, and collaborate across departments for compliance.
Job Description
Join our dynamic team as a Wholesale Payment Transaction Approval Vice President, where you'll play a pivotal role in managing credit oversight for cash payments and security transactions. Collaborate with cross-functional teams to ensure compliance and control in a fast-paced environment. Drive strategic initiatives and enhance operational efficiency.
Job Summary:
As a Wholesale Payment Transaction Approval Vice President within the Wholesale Payment Operations team, you will oversee credit and intra-day exposure for cash payments and security transactions. You will collaborate with various departments to ensure adherence to policies and control requirements. Your role involves managing risk issues and participating in strategic projects.
Job Responsibilities:
Required Qualifications, Capabilities, and Skills:
Preferred Qualifications, Capabilities, and Skills:
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.
Join our dynamic team as a Wholesale Payment Transaction Approval Vice President, where you'll play a pivotal role in managing credit oversight for cash payments and security transactions. Collaborate with cross-functional teams to ensure compliance and control in a fast-paced environment. Drive strategic initiatives and enhance operational efficiency.
Job Summary:
As a Wholesale Payment Transaction Approval Vice President within the Wholesale Payment Operations team, you will oversee credit and intra-day exposure for cash payments and security transactions. You will collaborate with various departments to ensure adherence to policies and control requirements. Your role involves managing risk issues and participating in strategic projects.
Job Responsibilities:
- Manage cash payment and securities settlement functions.
- Apply operational and credit risk management principles.
- Understand and support regulatory reporting requirements.
- Liaise with stakeholders regarding client credit limits.
- Participate in crisis management risk mitigation actions.
- Engage as a subject matter expert for payment systems.
- Contribute to strategic initiatives involving TAG.
- Support business resiliency planning.
- Monitor and approve credit exposures.
- Research and investigate to support processes.
- Improve Straight Through Processing (STP).
Required Qualifications, Capabilities, and Skills:
- Hold a degree or equivalent.
- Possess 12+ years of experience, with 5 years in Payment Operations.
- Understand Wholesale Payments services and systems.
- Communicate effectively with senior management.
- Lead a team with strong interpersonal skills.
- Utilize Microsoft applications and SharePoint.
- Apply AI/ML for process efficiency and risk mitigation.
Preferred Qualifications, Capabilities, and Skills:
- Demonstrate project management experience.
- Exhibit operational risk-related experience.
- Collaborate effectively with cross-functional teams.
- Innovate solutions for process improvement.
- Adapt to fast-paced environments.
- Drive strategic initiatives.
- Enhance client service and satisfaction.
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.
Top Skills
AI
Microsoft Applications
Ml
Sharepoint
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