Associate - Markets Legal and Regulatory Change Management

Job Description
Join our global initiative, the Office of Legal Obligations (OLO) program, where we proactively manage regulatory changes and trace connections between laws, rules, regulations, and our compliance policies. This role is within the Markets Business Controls Management organization, supporting global Markets business across Sales, Trading, and Research. As a Markets LRCM Associate, you'll be responsible for LRCM-related tasks, including mapping legal obligations to policies and procedures, and working with a diverse set of global stakeholders. The position reports into the Markets OLO lead based in Bangalore.
Job summary:
As an Associate - Markets Legal and Regulatory Change Management within the Markets Business Controls Management organization, you will be responsible for managing regulatory changes in our operations. You will work extensively with a diverse set of global stakeholders, including Legal, Compliance, Business Control Management and others. Your role will involve mapping legal obligations to the policies, procedures and other evidence that demonstrates how Markets meets these legal requirements. This role provides an opportunity to work in a dynamic, fast-paced environment, covering 24 jurisdictions in 8 languages, with further scope expansion expected.
Job Responsibilities

• Determining the applicability of individual regulations to the Markets businesses, and subsequently mapping these legal obligations and the full underlying legal text to procedures or other supporting documentation, and related CORE Business Processes.
• Mapping Execution activities will involve working extensively with a diverse set of global stakeholders, including Legal, Compliance, Business Control Management and other stakeholders. The team's activities cover 24 jurisdictions (8 languages), with further scope expansion expected.
• Acting as a Subject Matter Expert on OLO processes and tools, collaborating with Legal, Compliance, Risk, Finance, Business partners and others to ensure a clear and consistent interpretation of applicable obligations
• Developing and maintaining reference data to facilitate obligation mapping, e.g. matrices of business activities, LEs, procedures and control framework by product and country
• Compiling procedure gap analysis data and making recommendations to senior Business Control Managers, amongst others, as to how these gaps should be addressed
• Responding to and resolving items identified by Quality Assurance and audit processes

Required qualifications, capabilities, and skills

• Experience in business controls, operational risk, Compliance, Legal, Audit or similar function with coverage of Markets Sales / Trading businesses
• Comfortable with and adept at reading and interpreting legal text as a layperson (note: formal legal qualifications are not required)
• Good project management skills and ability to instill structure, process, and accountability to meet ambitious weekly production delivery targets, whilst maintaining quality standards.
• Detail oriented, with a highly disciplined approach to process and quality control
• Strong business analysis skills to enable efficient, accurate and objective decision making
• Excellent personnel and organizational management skills, ability to work under pressure and handle high volume of throughput without compromising quality
• Ability to partner closely with related functions to ensure a coordinated and effective program

Preferred qualifications, capabilities, and skills

• A level of familiarity with, and interest in, J.P. Morgan's Markets products and businesses
• Understanding of the control framework for Markets businesses would be beneficial

About Us
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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
About the Team
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
Control Management maintains a strong and consistent control environment through a joint accountability model that aligns managers with each function and region to mitigate operational risk. The team focuses on four areas: Control Design & Expertise, Risks & Controls Identification/Assessment, Issues & Control Deficiencies and Control Governance & Reporting.