Head - IFSC Banking Unit (GIFT City)

Location: Gandhinagar, Gujarat, India

Job Family: Branch Managers

About the Role

JP Morgan Chase & Co. is seeking a dynamic and visionary leader for the role of Head - IFSC Banking Unit in GIFT City, Gandhinagar, Gujarat. As the pioneer in establishing a robust presence in India's International Financial Services Centre (IFSC), this position offers the opportunity to spearhead innovative banking solutions tailored to global investors, multinational corporations, and non-resident Indians. Reporting to the senior leadership in JP Morgan's India operations, you will drive the unit's growth within the state-of-the-art GIFT City ecosystem, leveraging JP Morgan's global expertise in investment banking, asset management, and commercial banking to capitalize on India's burgeoning offshore financial hub. In this pivotal role, you will be responsible for the end-to-end management of the IFSC Banking Unit, from strategic planning and product innovation to operational excellence and regulatory adherence. Key focus areas include developing customized financial products such as aircraft and ship leasing, international bonds, and currency derivatives, while ensuring seamless integration with JP Morgan's worldwide network. You will foster partnerships with key stakeholders, including regulators like IFSCA, and lead a diverse team to deliver exceptional client experiences, all while mitigating risks in a rapidly evolving regulatory landscape. The ideal candidate thrives in a fast-paced, high-impact environment and brings a proven ability to navigate complex international finance challenges. At JP Morgan Chase, we value integrity, innovation, and client focus, offering unparalleled resources for professional growth and impact. Join us to shape the future of offshore banking in India and contribute to one of the world's leading financial institutions.

Key Responsibilities

• Lead the strategic development and operations of the IFSC Banking Unit in GIFT City, aligning with JP Morgan Chase's global objectives
• Oversee the delivery of banking services including corporate lending, trade finance, and treasury solutions to clients in the IFSC ecosystem
• Ensure full compliance with local and international regulations, including IFSC-specific rules and JP Morgan's risk management standards
• Build and manage high-performing teams, fostering a culture of innovation and client-centric service
• Drive business development by identifying opportunities with multinational corporations, NRIs, and institutional investors
• Collaborate with global JP Morgan teams to integrate IFSC operations with broader Asia-Pacific and international strategies
• Monitor market trends, competitive landscape, and regulatory changes to adapt unit strategies accordingly
• Implement robust risk assessment and mitigation frameworks tailored to offshore banking
• Represent JP Morgan Chase in industry forums, regulatory meetings, and stakeholder engagements in GIFT City
• Report on unit performance, KPIs, and growth metrics to senior leadership in Mumbai and New York

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Economics, or a related field; MBA or advanced degree preferred
• Minimum of 15 years of progressive experience in banking, with at least 5 years in senior leadership roles within international financial services
• Deep knowledge of IFSC regulations, GIFT City framework, and compliance with RBI and SEBI guidelines
• Proven track record in establishing and leading banking units in offshore financial centers
• Strong understanding of cross-border banking products, including trade finance, treasury, and wealth management
• Experience in risk management, anti-money laundering (AML), and know-your-customer (KYC) protocols in a global banking environment
• Fluency in English; proficiency in Hindi or Gujarati is advantageous

Preferred Qualifications

• Prior experience working with JP Morgan Chase or a similar global investment bank
• Certification in international banking or financial regulations (e.g., CFA, FRM, or CAMS)
• Demonstrated success in driving business growth in emerging markets like India
• Leadership experience in digital banking transformations or fintech integrations
• Network of contacts within the Indian financial ecosystem and international investors

Required Skills

• Strategic planning and execution in financial services
• Regulatory compliance and risk management expertise
• Leadership and team-building capabilities
• Business development and client relationship management
• Knowledge of IFSC and GIFT City financial products
• Cross-border transaction and trade finance proficiency
• Analytical skills for market and financial analysis
• Communication and stakeholder engagement
• Digital banking and fintech integration
• Problem-solving in complex regulatory environments
• Project management for operational setups
• Negotiation and deal structuring
• Data-driven decision making
• Adaptability to emerging market dynamics
• Ethical judgment and integrity in high-stakes banking

Benefits

• Competitive base salary with performance-based bonuses and long-term incentives
• Comprehensive health, dental, and vision insurance coverage for employees and dependents
• Retirement savings plan with generous company matching contributions
• Paid time off, including vacation, sick leave, and parental leave policies
• Professional development opportunities, including tuition reimbursement and access to JP Morgan's learning academy
• Employee wellness programs, including gym memberships and mental health support
• Global mobility support for relocation to Gandhinagar, including housing assistance
• Stock purchase plan and employee stock ownership opportunities

JP Morgan Chase is an equal opportunity employer.