14 days old

Managing Director Decision Sciences - JPMorgan Chase Wealth Management and Private Bank

JPMorgan Chase & Co.
New York, NY 10007
  • Job Code

Managing Director Decision Sciences - JPMorgan Chase Wealth Management and Private Bank

Req #: 190080778
Location: New York, NY, US
Job Category: Data & Analytics
Potential Referral Amount: US Dollar (USD)

About Chase:

Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.4 trillion and operations worldwide. Chase serves nearly half of America’s households with a broad range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. Customers can choose how and where they want to bank: 5,200 branches, 16,000 ATMs, mobile, online and by phone. For more information, go to Chase.com.


About Wealth Management:

J.P. Morgan Asset & Wealth Management (AWM) and Private Bank, with client assets of $2.4 trillion, is a global leader in investment and wealth management. Its clients include institutions, high-net-worth individuals and retail investors in every major market throughout the world. The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds. For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits.


J.P. Morgan Private Bank has been helping the world’s wealthiest individuals, families, foundations, and endowments to grow, manage, and sustain their wealth through personalized, comprehensive financial solutions for more than 160 years.  With Private Bank advisors in 110 offices in 25 states and 20 countries, the Private Bank provides clients with a global perspective delivered through a local, dedicated team of specialists focused on fundamental wealth management disciplines, including investment management, wealth structuring, philanthropy, credit and banking.


The Position:

The Wealth Management Decision Sciences Managing Director supporting Chase Wealth Management, YouInvest, and the US and International Private Bank is a critical leadership position, responsible for leveraging analytics, Machine Learning and Artificial Intelligence to enable and support our strategic business priorities.  The MD of Wealth Management is a new position which will be responsible for partnering with senior leaders to build and execute our analytic strategy while building and leading a high performing team.  This position will report to the Head of Consumer Bank & Wealth Management Decision Sciences.   




Business outcomes

  • Understands the Wealth Management business and its strategic priorities comprehensively (Marketing, Sales, Digital, Servicing, etc.) – across both the wealth spectrum (Mass Affluent through Ultra High Net Worth) and all product lines (e.g., Deposit, Investment, Mortgage)

  • Experience leading teams focused on Marketing, Digital, Sales and Modeling

  • Demonstrated ability building analytic strategies and executing large analytic initiatives that drive material business impacts and supports business priorities.  Actively identifies ways to support these priorities through Data & Analytics, including:

    • Conducting strategic, deep-dive analyses where appropriate

    • Identifying, buying, testing and deploying new data types that can drive insight (from other LOBs as well as vendors)

    • Partnering with the Modeling teams to build predictive / Machine Learning models

    • Building tools or capabilities to support Sales teams and functions

    • Building or partnering to build new customer-facing products

    • Oversees the translation of Wealth Management’s analytics priorities into a unified Data Strategy and funded Roadmap


Leadership & Communication

  • Self-directed Executive who doesn’t just take orders, with strong influencing skills

  • Familiarity with Big Data technologies (e.g., Hadoop) and proven ability to deliver innovation

  • Can actively manage multiple, senior stakeholders from different businesses and functions simultaneously

  • Actively questions and proposes ways to enhance processes across the business through Data & Analytics (including operational processes)

  • Impact-oriented – “owns” delivery of impact for the business - not just delivery of insight - and actively influences peers to achieve it

  • Ability to communicate complicated ideas simply – to a variety of audience types, including the CWM, YouInvest and Wealth Management leadership teams

  • Critical thinker who can evaluate and improve skill level of a team


Innovation & Partnership

  • Continues to learn and champion new and innovative technologies to their team

  • Actively partners with other LOB and Functional Decision Science leaders to understand the data we have available, and shares best practices


People Leadership

  • Proven Manager of Mangers, capable of overseeing 20-30 direct FTE as well as indirect FTE who will support the business through centralized COEs

  • Dedicated coach and mentor who continually upgrades their team’s skills and promotes mobility within their team and across JPMC

  • Actively engages with external data science community to attract new talent and promote our employer brand


Risk / Controls

  • Owns and manages all Risks & compensating Controls related to:

    • Data Quality for data originated in their LOB

    • Data Access for their team

    • All Data transformations performed by their team

    • Data Quality for all data/insights provided by their team

    • Actively supports CCB-wide initiatives to reduce Data & Analytics risk (e.g., model governance, SAS uplift) Head of Digital Platforms & Marketing Innovation

  • MBA, or MS in STEM field with significant Executive experience
  • 15+ years’ experience in Management Consulting and/or as a Data/Analytics Executive
  • Experience in Financial Services, and specifically in investment and wealth management sector
  • Familiarity with Big Data technologies (e.g., Hadoop, ClickFox) and proven ability to deliver innovation
  • Process- and controls-oriented leader, maintains a strong system of internal governance and controls
  • Superb leadership skills at managing large teams; outstanding and engaging people leader who has demonstrated the ability to lead, coach and develop employees within a large organization 
  • Proven ability to drive revenue and business outcomes
  • Excellent ability to influence and partner across a large organization and drive change; low ego
  • Strong presence and speaking skills, with the ability to influence and motivate senior executives
  • Comfortable presenting recommendations to senior management and capable of influencing multiple stakeholders
  • Strong business control understanding and experience
  • Experience with a Fortune 500 company and highly recognized customer centric brand strongly preferred
  • Strong grasp of new technologies, competitive landscapes, marketplace, and regulatory environment

Keyword: consumer%20banking


Posted: 2019-10-08 Expires: 2019-11-07

Before you go...

Our free job seeker tools include alerts for new jobs, saving your favorites, optimized job matching, and more! Just enter your email below.

Share this job:

Managing Director Decision Sciences - JPMorgan Chase Wealth Management and Private Bank

JPMorgan Chase & Co.
New York, NY 10007

Join us to start saving your Favorite Jobs!

Sign In Create Account
Powered ByCareerCast