Custody Industry Development - Vice President

Location: New York, NY, United States

Job Family: Product Management

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of innovation and client focus. As a Vice President in Custody Industry Development within our Corporate & Investment Bank division, you will play a pivotal role in driving advocacy and strategic engagement for our world-class custody services. Based in our New York office, this position offers the opportunity to influence the future of the custody industry while collaborating with top-tier professionals in a dynamic, high-impact environment. You will advocate for policies that enhance operational resilience and innovation in asset servicing, positioning JP Morgan Chase as the custodian of choice for institutional investors worldwide. Your core responsibilities will include leading interactions with regulators such as the SEC and international bodies like IOSCO, while developing strategic partnerships with asset owners and managers. You will analyze emerging trends in digital assets, ESG integration, and regulatory reforms to shape our custody product roadmap. Working closely with product management, compliance, and global markets teams, you will ensure our solutions meet evolving client needs and maintain our competitive edge in a $100+ trillion custody market. This role demands a blend of strategic foresight and hands-on execution to drive industry-wide change. We seek a seasoned professional with deep expertise in custody and a passion for advocacy. In this position, you will contribute to thought leadership through publications and speaking engagements, fostering JP Morgan Chase's reputation as an industry innovator. Join us to leverage your experience in a supportive culture that values diversity, professional growth, and work-life balance, while helping to safeguard and grow client assets on a global scale.

Key Responsibilities

• Lead advocacy efforts with regulators, industry bodies, and policymakers to shape custody industry standards and promote JP Morgan Chase's position as a leading global custodian
• Develop and execute strategic engagement plans to build partnerships with key stakeholders, including asset managers, pension funds, and sovereign wealth funds
• Analyze market trends, competitive landscapes, and regulatory changes to inform product strategy and innovation in custody services
• Collaborate with internal teams in product management, compliance, and sales to align industry developments with business objectives
• Represent JP Morgan Chase at industry conferences, panels, and working groups to enhance brand visibility and influence thought leadership
• Drive initiatives for custody product enhancements, focusing on operational efficiency, risk management, and client-centric solutions
• Monitor and report on global custody market dynamics, providing insights to senior leadership for strategic decision-making
• Foster relationships with external consultants and advisors to support advocacy campaigns and regulatory submissions
• Contribute to the development of whitepapers, position papers, and responses to regulatory consultations on behalf of JP Morgan Chase

Required Qualifications

• Bachelor's degree in Finance, Business Administration, or a related field; advanced degree (MBA or equivalent) preferred
• 10+ years of experience in the financial services industry, with a focus on custody services, asset servicing, or institutional investment operations
• Proven track record in industry advocacy, regulatory engagement, or strategic partnerships within global custody or capital markets
• Deep knowledge of custody regulations, including SEC, OCC, and international standards such as those from IOSCO and FATF
• Experience leading cross-functional teams in a large financial institution, with exposure to product development and client-facing roles
• Strong analytical skills with the ability to assess market trends and develop strategic recommendations
• Ability to travel up to 20% for industry conferences and client meetings

Preferred Qualifications

• Experience working at a top-tier global custodian or asset manager, such as State Street, BNY Mellon, or similar
• Active involvement in industry associations like the Securities Industry and Financial Markets Association (SIFMA) or the Investment Company Institute (ICI)
• Familiarity with emerging technologies in custody, such as blockchain, digital assets, and tokenization
• Previous leadership in regulatory policy development or thought leadership publications in financial services

Required Skills

• Expertise in custody operations and asset servicing
• Strong regulatory knowledge in financial services
• Strategic planning and execution
• Stakeholder management and relationship building
• Analytical and research skills
• Excellent verbal and written communication
• Leadership and team collaboration
• Project management proficiency
• Industry networking and advocacy
• Proficiency in Microsoft Office Suite and financial modeling tools
• Understanding of capital markets and investment products
• Adaptability to fast-paced environments
• Risk assessment and mitigation
• Innovation in product development
• Cross-cultural communication for global engagements

Benefits

• Competitive base salary and performance-based annual bonus
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with generous company matching contributions
• Paid time off including vacation, sick days, and parental leave
• Professional development opportunities through JP Morgan's internal training programs and tuition reimbursement
• Employee stock purchase plan and other financial wellness benefits
• Wellness programs including gym memberships and mental health support
• Flexible work arrangements and commuter benefits for New York-based employees

JP Morgan Chase is an equal opportunity employer.