Executive Director, Industry Representation and Policy Open Banking
Wilmington, DE - USA
Job Summary
We are seeking a dynamic and talented professional to join our Open Banking Strategic Business Unit (SBU) as the Executive Director of Industry Representation & Policy. This role offers the opportunity to lead the industry representation of a newrapidly growingrevenue-generating business working closely with senior leaders and cross-functional teams to ensure the highest standards of compliance transparency and client service.
As the Executive Director of Industry Representation and Policy within Open Banking you will lead the strategic interpretation of regulatory policy and industry developments and translate them into clear direction and operational execution. You will serve as a senior external representative for JPMorgan Chase in industry forums and working groups and act as a policy-to-execution bridge across first line business execution and second line oversight to reinforce a robust compliant operating model as the business scales.
The Chase Open Banking team is committed to empowering customers to share their financial data securely safely and transparently within the open banking ecosystem. Our mission is to deliver market-leading platforms that enable aggregators and direct connectors to securely access customer-permissioned data while building out a two-sided business model that benefits both customers and commercial partners. We collaborate closely with partners across billing invoicing and are developing a self-service developer portal to streamline integration and support our customers ability to access their financial data and have full control and visibility in sharing it securely with the apps and companies they choose.
Job Responsibilities
Serve as a senior representative of JP Morgan Chase for the Open Banking team in external industry forums trade associations regulatory working groups and financial infrastructure bodies related to Open Banking payments data and financial services innovation.
Own the strategic interpretation of regulatory policy and industry developments with a particular focus on Open Banking frameworks data sharing practices and evolving supervisory expectations.
Translate complex regulatory and industry signals into clear actionable strategic guidance for senior management and Chase leadership.
Partner closely with the Advocacy Governance Relations and Communications teams to ensure a credible consistent and coordinated external position across regulators policymakers industry peers and public forums.
Function as a trusted senior advisor to leadership on policy driven risks opportunities and strategic trade-oofs affecting Chases Open Banking Strategy.
Provide executive-level oversight of policy positions consultation responses and industry submissions ensuring alignment with firmwide strategy and reputational standards.
Represent JP Morgan in high-stakes senior level discussions with regulators and industry leaders exercising sound judgment and discretion.
Create the vision priorities and operating model for industry engagement and policy interpretation within the Open Banking domain.
Foster a culture of accountability engagement and high performance within the Business Execution and Policy team while promoting diversity and inclusion by valuing the unique capabilities.
Required qualifications capabilities and skills
10 years of experience in financial services regulatory policy industry representation or strategy with a proven track record in engaging with regulators translating regulations and policy to business functions.
Experienced legal background and CFPB knowledge that can represent Chases perspective on policy updates at industry forums.
Demonstrate experience engaging with regulators policymakers industry bodies or standard-setting organizations in banking or financial services.
Deep understanding of regulatory frameworks supervisory processes and policy development affecting large financial institutions.
Proven ability to interpret and synthesize complex regulatory developments and translate them into strategic implications for senior executives.
- Strong executive presence with exceptional written and verbal communicationable to credibly represent JPMorganChase in external forums and craft formal policy positions executive briefings and external messaging.
Track record of effective cross-functional leadership and influence across Legal Risk Compliance Technology and Business teams.
Strong understanding of Open Banking data access and related regulatory and industry frameworks.
Sound judgement discretion and decision-making consistent with senior leadership accountability.
- Strong culture leader with a collaborative mindset teamwork spirit and strong interpersonal skills
Bachelors degree required
Preferred qualifications capabilities and skills
Experience in policy and regulatory representation in financial services is preferred
Advanced degree (e.g. JD MBA MPA) strongly preferred
Note: This role requires five days in the office (Mon-Fri) in New York NY or Wilmington DE and will not support Hybrid options. Applicants must be authorized to work for any employer in the US. We are not able to provide immigration sponsorship or take over sponsorship of an employment visa at this time. Final job grade level and corporate title will be determined at time of offer and may differ from this posting.
Required Experience:
Director
About Company
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 ov ... View more