Vice President

: Are you ready to lead and innovate in the dynamic world of custody operations? As a Vice President, you'll have the opportunity to shape the future of our India Head of Designated Depository Participant team. This role offers a platform for career growth, allowing you to leverage your expertise in the financial sector while working with a diverse and talented team. Join us to make a significant impact and drive excellence in client service and regulatory compliance.

As an India Head of Designated Depository Participant - Vice President within the Custody Operations team, you will manage the India Market Entry process for Foreign Portfolio Investors and oversee onboarding for all Foreign Institutional clients. You will play a crucial role in ensuring compliance with regulatory requirements and driving process efficiencies. Your leadership will foster a culture of teamwork and innovation, enhancing client experiences and managing risks effectively. Join us to lead a team that values collaboration, transparency, and excellence.

Job responsibilities:

- Manage end-to-end client onboarding, including the Foreign Portfolio Investor registration process

- Develop strong relationships with regulators and intermediaries, engaging in market advocacy

- Monitor regulatory changes, assess impacts, and lead implementation processes

- Stay current with industry and regulatory changes, analyzing impacts on business and compliance

- Drive teamwork and implement process efficiencies through innovation and lean principles

- Manage internal and external stakeholder relationships

- Perform detailed risk and control assessments, identifying patterns and trends

- Lead the team in exception management, escalations, and regulatory deliverables, and encourage out-of-the-box thinking and implement feasible ideas

- Organize and lead resources to deliver high-quality results under pressure.

- Develop strong working relationship with the Regulator and Intermediaries, and engage actively in market advocacy to navigate regulatory changes and enhance efficiency, ultimately improving the client experience

- Monitor all regulatory changes, assess their impact on clients and the business, and lead the implementation process

Required qualifications, capabilities, and skills:

- Bachelor's/Master's Degree.

- At least 15 years of work experience in the Financial Services industry, with at least 5 years in Designated Depository Participant (DDP) related role

- Strong knowledge of Indian Capital Market and Banking regulations, especially Foreign Portfolio Investors regulations

- Sound knowledge of Reserve Bank of India (RBI) and SEBI - Know Your Customer (KYC)/Anti-Money Laundering (AML) policies

- Operational subject matter expertise in Custody account opening, maintenance and closures

- Experience in regulatory and corporate compliance activities

- Strong stakeholder and relationship management skills

- Excellent verbal and written communication skills

- Proven team management and leadership abilities

- Ability to work independently and manage multiple tasks effectively

Preferred qualifications, capabilities, and skills:

- Prior experience in the India Local Custody market

- Strong analytical and problem-solving skills

- Ability to drive process efficiencies through innovation

- Experience in managing regulatory deliverables and audits

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.

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