Deposits and Custody Business Manager, Senior Associate

Location: New York, NY, United States

Job Family: Business Management

About the Role

JPMorgan Chase & Co. is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. As the Deposits and Custody Business Manager, Senior Associate, you will play a pivotal role in supporting the Deposits & Custody group within our Corporate & Investment Bank division. Based in New York, NY, this position involves driving business management functions to ensure the seamless operation and growth of our deposit and custody services, which are critical to serving institutional clients, asset managers, and corporations. You will contribute to strategic initiatives that align with JPMorgan Chase's commitment to innovation, risk management, and client-centric solutions in a highly regulated financial landscape. In this role, you will collaborate closely with senior executives, product teams, and operations specialists to oversee key aspects of the business, including performance tracking, process optimization, and regulatory compliance. Responsibilities will include analyzing market trends, leading cross-functional projects, and preparing insightful reports that inform decision-making at the highest levels. Your work will directly impact the efficiency and reliability of our custody solutions, which handle trillions in assets, and our deposit products that support liquidity management for global clients. At JPMorgan Chase, you will leverage cutting-edge technology and data-driven insights to navigate complex challenges in the evolving financial services industry. We seek a proactive professional with a strong foundation in finance and business operations, eager to thrive in a collaborative, high-stakes environment. This Senior Associate position offers exposure to diverse aspects of the Deposits & Custody business, providing opportunities for career advancement within one of the world's most respected financial institutions. Join JPMorgan Chase to make a meaningful impact on our clients' success and the broader financial ecosystem.

Key Responsibilities

• Support the Deposits & Custody group by managing day-to-day business operations and strategic initiatives at JPMorgan Chase
• Collaborate with cross-functional teams to develop and implement business strategies that enhance deposit and custody services
• Monitor performance metrics, identify operational risks, and recommend improvements to optimize efficiency and compliance
• Coordinate with senior leadership to prepare reports, presentations, and analyses on market trends and business performance
• Facilitate stakeholder engagement, including clients, regulators, and internal partners, to ensure seamless service delivery
• Lead projects related to product development, process automation, and regulatory adherence in the custody and deposits space
• Analyze financial data to support decision-making and contribute to budgeting and forecasting for the business unit
• Drive continuous improvement initiatives, leveraging technology and innovation to support JPMorgan Chase's global operations
• Ensure adherence to internal policies and external regulations, mitigating risks in deposit and custody activities
• Mentor junior team members and foster a culture of excellence within the Business Management team

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Economics, or a related field
• Minimum of 5 years of experience in business management, financial services, or operations within the banking sector
• Strong understanding of deposits and custody services, including regulatory requirements and market dynamics
• Proven track record in project management and stakeholder coordination in a fast-paced financial environment
• Excellent analytical skills with experience in financial modeling and reporting
• Knowledge of risk management practices in custody and deposit operations
• Ability to work collaboratively in a global team setting at a leading financial institution like JPMorgan Chase

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) from an accredited institution
• Experience with custody platforms or deposit systems used in major banks
• Prior exposure to regulatory compliance in the U.S. financial services industry, such as SEC or OCC guidelines
• Certification in project management (PMP) or financial analysis (CFA Level I or II)
• Familiarity with JPMorgan Chase's internal processes and tools for business operations

Required Skills

• Financial analysis and modeling
• Project management
• Regulatory compliance knowledge
• Stakeholder communication
• Risk assessment and mitigation
• Data analytics and reporting
• Strategic planning
• Team collaboration
• Problem-solving
• Attention to detail
• Proficiency in Microsoft Office Suite (Excel, PowerPoint)
• Understanding of banking operations
• Adaptability in dynamic environments
• Leadership and mentoring
• Knowledge of financial markets and instruments

Benefits

• Competitive base salary and performance-based annual bonuses
• 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, such as tuition reimbursement and access to JPMorgan Chase's internal training programs
• 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.