Private Bank, Global Head of Deposits & Custody, Managing Director jobs in United States
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JPMorganChase · 3 days ago

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

J.P. Morgan Private Bank is a global leader in wealth management, delivering high-quality advice and solutions to Ultra High & High Net Worth individuals. The Global Head of Deposits & Custody will oversee the management of deposit and custody products, ensuring innovative and client-centric solutions while leading a diverse global team.

Asset ManagementBankingFinancial Services
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Growth Opportunities
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H1B Sponsor Likelynote

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 experienceLeadership in global teamsStrategic initiative executionFinancial markets understandingCross-functional team leadershipStakeholder managementBachelor's degreeAdvanced degree preferredDepositsCustody experienceCommunication skills

Required

Significant experience in financial services, with a strong background in banking, investments, fixed income, or related areas
Proven track record of leading and managing global teams in a complex, matrixed organization
Demonstrated ability to develop and execute strategic initiatives, drive innovation, and deliver client-centric solutions
Strong understanding of financial markets, balance sheet management, and risk frameworks
Experience leading cross-functional teams such as sales, product development, technology, operations, finance, and risk
Excellent leadership, communication, and stakeholder management skills
Bachelor's degree required

Preferred

Direct experience in deposits, custody, or treasury products is highly valued but not required
Advanced degree or relevant professional qualifications preferred

Benefits

Comprehensive health care coverage
On-site health and wellness centers
A retirement savings plan
Backup childcare
Tuition reimbursement
Mental health support
Financial coaching

Company

JPMorganChase

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With a history tracing its roots to 1799 in New York City, JPMorganChase is one of the world's oldest, largest, and best-known financial institutions—carrying forth the innovative spirit of our heritage firms in global operations across 100 markets.

H1B Sponsorship

JPMorganChase has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (3471)
2024 (3469)
2023 (3395)
2022 (3594)
2021 (2515)
2020 (2495)

Funding

Current Stage
Public Company
Total Funding
unknown
1998-02-01IPO

Leadership Team

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Allison Beer
CEO of Card Services and Connected Commerce
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Dan Mendelson
CEO, Morgan Health
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Company data provided by crunchbase