Payments Strategy & Transformation Control Manager - Vice President

Posted 3 Days Ago
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Jersey City, NJ
Hybrid
Senior level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Lead the development of a control framework for risk management in payments, drive assessment processes, and collaborate with teams to mitigate operational risks.
Summary Generated by Built In

Job Description
Rapid digitization is transforming all aspects of our lives, with payments being a crucial element. J.P. Morgan's Payments organization provides cash management, liquidity, commercial card, FX, and escrow solutions globally. Our teams leverage the latest technology and data analytics to deliver innovative payment services, focusing on real-time payments and distributed ledger technology.
As a Control Manager Vice President within the Commercial & Investment Bank, you will lead the development of an enhanced control framework focused on risk identification, control design, and governance. In this role, you'll drive a continuous and integrated approach to risk assessment, ensuring real-time control issue detection and remediation. Collaborate with cross-functional teams to create a proactive risk and control culture, managing activities related to CORE, Risk Events, and Issues/Action Plans to mitigate operational risks and reduce financial loss and regulatory exposure.
Job Responsibilities:

  • Foster a proactive risk and control culture using proven evaluation strategies and change management protocols.
  • Review and analyze program-related data, such as KRIs and KPIs, to support business programs and strategies.
  • Provide leadership for the execution of the Risk & Control Self-Assessment, managing control breaks and resolutions.
  • Collaborate with control colleagues across the firm, including business, operations, legal, compliance, risk, audit, and technology functions.
  • Develop and implement Operational Risk Analytics to identify and measure risks, advising senior management on trends and proactive risk mitigation strategies.


Required Qualifications, Skills, and Capabilities:

  • Bachelor's degree or equivalent experience required, with expertise in governance and oversight across business and risk disciplines.
  • Over 8 years of experience in the financial services industry, in controls, audit, quality assurance, risk management, or compliance.
  • Strong understanding of control and risk management concepts, with the ability to design and evaluate a Risk & Control Self-Assessment.
  • Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio), with excellent written and verbal communication skills.


Preferred Qualifications, Skills, and Capabilities:

  • Knowledge of Payment products is a plus.
  • Experience in developing metrics and transforming risk and control reporting using intelligent tools and automation.


About Us
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 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

Top Skills

Excel
Microsoft Office Suite
PowerPoint
Visio

What the Team is Saying

Nick S.
Lupe C.
Edwin T.
Dawn T.
Meng M.
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The Company
HQ: New York, NY
289,097 Employees
Hybrid Workplace
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.

Why Work With Us

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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