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Chase · 2 days ago

Private Bank, Global Head of Deposits & Custody, Managing Director

390 Madison Ave, New York, NY, 10017, US

Full-time

Onsite

Lead/Staff

J.P. Morgan Private Bank is a global leader in wealth management, delivering the highest quality advice, service, and solutions to Ultra High & High Net Worth individuals and families worldwide. The Global Head of Deposits & Custody will be responsible for the end-to-end management of deposit and custody products and services, overseeing sales, product development, and operational delivery globally.

BankingFinancial Services

Responsibilities

Develop and execute a global strategy to accelerate deposit and custody inflows, drive product innovation, and optimize the firm’s balance sheet

Lead a diverse, international team of deposit sales specialists, product managers, and custody professionals across major hubs (New York, London, Singapore, Mumbai, Geneva, etc.)

Foster a culture of collaboration, innovation, and continuous improvement

Oversee the design, development, and launch of differentiated deposit and custody products for H/UHNW individuals, Family Offices, and institutional clients

Champion platform modernization, digital adoption, and automation initiatives

Drive the development of local offerings to tap new client segments and markets

Partner with Private Bankers, Advisors, and Investors to deepen client relationships and increase penetration of deposit and custody solutions

Ensure best-in-class client experience through seamless product delivery, consultative sales support, and proactive client engagement

Represent Deposits & Custody at senior executive forums and operating committees

Navigate regulatory complexities across jurisdictions, ensuring compliance and robust risk management

Partner with Legal, Compliance, Treasury, and Risk teams to maintain and enhance the risk framework

Oversee exception pricing, rate approvals, and product governance

Build strong relationships with Technology, Operations, Finance, and other cross-functional partners to execute business strategy and drive process efficiencies

Collaborate with Retail, Commercial and Investment Bank partners to ensure cohesive firm-wide strategy for deposit and custody solutions

Manage the P&L for the Deposits & Custody business, focusing on optimizing the firm’s balance sheet and delivering value through efficient and effective services

Monitor key performance indicators and deliver on financial and operational targets

Qualification

Financial services experienceStrategic initiative executionFinancial markets understandingGlobal team leadershipDepositsCustody knowledgeCross-functional team leadershipStakeholder managementBachelor's degreeAdvanced degree preferredCommunication skills