Payments Control Management - Vice President

Posted 2 Days Ago
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Tokyo
Hybrid
Senior level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
As a Vice President in Payments Controls, you will oversee business growth and risk management while ensuring a robust risk control framework. You will assess risks, advise on controls, collaborate with internal teams, manage audits, and produce materials to analyze the risk environment within the Payments business.
Summary Generated by Built In

Job Description
There is an exciting opportunity to join the Regional Payments Business Controls Management Team as a Controls Vice President.
Job Summary:
As a Vice President in Payments Controls, you will have the opportunity to partner alongside the Control manager in Japan and be part of a broader team covering Payments. In this role, you will support the continuous build out of the end to end controls, ensuring that business growth is supported with a strong risk and control foundation. You will work closely with the business and key stakeholders to review processes, identify emerging risks and advise on controls to mitigate risk. This role will allow you to leverage your strong process orientation/project management skills, critical thinking, problem solving, and excellent writing/ presentation skills.
Job responsibilities:

  • Work with the business to identify key processes and related inherent risks; assess and monitor risks
  • Advise on the establishment of front office controls and risk mitigation, any controls gaps and breached
  • Collaborate with the business to build, monitor, evidence and close out Issues and Actions Plans (APs) to eliminate control gaps
  • Provide guidance and oversight to central testing team in the ongoing testing of controls. Manage escalation and documentation of Risk Events
  • Build out and refresh CORE processes, risks and controls in alignment with standards to ensure proper representation of business and audit/exam readiness. Complete ongoing CORE deliverables in timely manner, i.e. risk ratings, KRIs, control effectiveness
  • Work with business to build tools and artifacts to help properly reflect business processes in CORE (e.g., process flows, Role and Responsibility documents)
  • Collaborate with internal Audit, Regulatory Management and Compliance to help facilitate Audits, Exams and-internal testing
  • Support Payment Business/Regional/Local Control Forums; provide input, as applicable, for monthly presentations; create documentation
  • Provide guidance to business to ensure local initiatives go through proper New Business and Change Management protocols and monitoring
  • Participate and lead projects designed to enhance the control environment and simplify processes
  • Produce and present materials which provide clear insight and analysis into the risk environment and trends relevant to the Payments business


Required qualifications, capabilities, and skills:

  • Bachelor's degree in Finance, Economics or a related discipline.
  • 5 years of experience in risk and control, operational risk management, operations, product management, business management or related functions within financial services industry.
  • Fluent verbal, reading and written communication skills in English and Japanese is required, to communicate in verbal and written with Japanese regulators and stakeholders.
  • Ability to engage effectively across teams, taking a leading role with internal/external partners in defining strategy while focusing on day to day processes
  • Personal impact and credibility are essential. Organizational skills are required to marshal internal resources in support of projects
  • Proven track record in effectively managing high performing, diverse teams across multiple locations
  • Ability to partner in a virtual team environment across multiple locations
  • Ability to think flexibly and learn rapidly, manage multiple projects at once and prioritize effectively
  • Strong analytical and problem-solving skills with the ability to exercise sound and balanced judgment; keen attention to detail;
  • Excellent communication skills (verbal and written), including ability to succinctly advise of risks, challenges and potential solutions


Preferred qualifications, capabilities, and skills:

  • MBA degree
  • Korean language skills preferred
  • Knowledge of Payments business is preferred


About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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.

What the Team is Saying

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The Company
HQ: New York, NY
289,097 Employees
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Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

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Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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