Overview of J.P. Morgan Wealth Management – Executive Director, WM Banking Product Owner Role
At the heart of JPMorgan Wealth Management lies the WM Banking Product Team. This group is responsible for formulating and executing a client-centric banking product strategy for high net worth clients across multiple distribution channels. The team works in close collaboration with Chase Consumer Bank (CCB) and the U.S. Private Bank (USPB). Their main goal is to echo the voice of the client and champion product features and a delivery model designed to cater to the needs of wealthy clients.
The role of the Executive Director, Wealth Management Banking Product Owner, is crucial to the successful implementation of this strategy. The individual in this position is tasked with defining and implementing the bank product strategy for wealth management clients across various distribution channels. This process involves close partnership with Chase Consumer Bank and US Private Bank product and platform owners. The goal is to represent the voice of the client and advocate for the product features and delivery model that would best serve their high net worth needs.
Key Responsibilities of the Executive Director, WM Banking Product Owner
The duties of the Executive Director, Wealth Management Banking Product Owner, are multi-faceted. They are expected to become a trusted, active, and highly visible member of the CCB and USPB product ecosystem. This is achieved by developing deep partnerships with the Firmwide Core Deposits Platform team and Deposit Area Product Groups, representing the wealth management client experience in shared forums.
The Executive Director should demonstrate a deep understanding of bank products, backed by intimate knowledge of the wealth management client and Advisor needs. This knowledge is essential in advocating and articulating both business and technical Product specifications. It includes building technologies and features into the firmwide platform.
Another crucial responsibility is setting and managing Advisor and client expectations. This often involves leading project planning, weekly meetings, and presentations. The Executive Director serves as a liaison with other product owners across lines of business and across product structures to ensure goals and requirements are communicated and understood by stakeholders.
Additionally, the Executive Director is responsible for collaborating with development teams to ensure the delivery of solutions from research through release. This includes overseeing testing and communications, strategizing and defining Product features, identifying potential issues, and suggesting potential solutions. They also manage a bank product team which supports day-to-day engagement with Deposit Area Product Groups.
Eligibility and Qualifications
For a candidate to be considered for the Executive Director, WM Banking Product Owner role, they must hold a Bachelor’s degree and have at least 12 years of financial services product or project management experience. Superior project management, problem-solving and time management skills are also necessary. Additionally, advanced analytical skills, knowledge of the competitor landscape, and advanced Microsoft Office skills are required.
Ideally, the candidate should have experience with Agile Framework and tools such as Jira and Confluence. A background in banking is strongly preferred.
About J.P. Morgan Chase & Co.
Chase is a leading financial services firm, aiding nearly half of America’s households and small businesses in achieving their financial goals through a broad range of financial products. They aim to create engaged, lifelong relationships and place their customers at the heart of everything they do. Chase also aids in the growth of small businesses, nonprofits, and cities by delivering solutions to all their financial needs.
Chase prides itself on being an equal opportunity employer, valuing diversity and inclusion. They do not discriminate based on any protected attribute and make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs.
Their Consumer & Community Banking division serves Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans, and payment processing. They lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions. Chase is dedicated to helping you manage your money with checking, savings, and credit cards, combining the latest banking technology with comprehensive solutions.
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