Commercial Bank - Research and Development Strategy Lead - VP at JPMorgan Chase Bank, N.A. in Palo Alto, California

Posted in General Business 5 days ago.

Type: Full-Time





Job Description:

Position Overview

The Research and Development Strategy Lead position sits within the JPMorgan Chase Commercial Banking line of business and reports into the Head of Research and Development. This individual will be the subject matter expert for research and development of commercial banking products and will work with our CORE R&D team to identify priorities, pursue desirable programs, relationships and project opportunities that align with strategic goals. The new hire will be a key voice and stakeholder for the Commercial Bank's innovation accelerator (lab) team in the development of prototypes and POCs that enable deeper exploration of market shifting solutions. This individual will also collaborate with a diverse set of stakeholders across product management, transformation, technology, sales, client support and finance to identify industry, market segment and client needs.

Responsibilities


  • Serves as right hand to the Head of Research and Development. Supports R&D strategic initiatives including curation of R&D portfolio, development of R&D Key Performance Indicators and driving portfolio delivery health.
  • Contributes to the product vision/strategy and translates this product strategy into an execution plan that aligns to ensure fulfillment of short, mid and long-term business objectives
  • Leads R&D strategy development through identifying areas for strategic consideration, formulating and implementing strategic projects and being accountable for project success
  • Helps to develop and implement R&D pipeline, product development and operational goals
  • Leverage data science team and primary research to identify and deeply understand emerging external trends and their impacts to our client and product ecosystems
  • Helps to develop a perspective on the evolution of client needs spanning multiple industries and personas across banking, banking adjacent, and beyond banking solutions
  • Supports the development of theses on emerging opportunities / problem statements and size new addressable markets
  • Partners with a multi-disciplinary innovation accelerator team spanning client research, visual design, data science, emerging technology and product to execute concept sprints, develop prototypes, complete proof of concepts and manage in residence experiments with FinTech partners and practitioners

Qualifications

  • 9+ years of experience in research and development, strategy or product development roles responsible for new revenue opportunities with a focus on banking solutions and products
  • Experience and success bringing net-new products to market in an organizational environment that is large, complex, cross functional and ever-evolving
  • Successful track record of growing revenue through the rapid identification, prototyping, user testing and development of new financial services products
  • Demonstrates leadership qualities and ability to work well with colleagues at all levels in a matrixed environment
  • Works through influence across functional boundaries to achieve goals sometimes without direct control of resources
  • Passion for building something new and working across boundaries to drive meaningful change while helping others succeed
  • Management / strategy consulting experience a plus
  • Degree in Business Administration, Management, Strategy, Computer Science or engineering field is preferred
JPMorgan Chase & Co., 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

Equal Opportunity Employer/Disability/Veterans