Recovery & Resolution Planning - Executive Director

Posted 4 Hours Ago
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New York, NY
Hybrid
Senior level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
The Executive Director of Recovery & Resolution Planning will lead the RRP team, managing the firm's Resolution plans to ensure compliance with US and international regulatory expectations. Responsibilities include strategic guidance on R&R planning, overseeing testing frameworks, and managing interactions with regulatory agencies.
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Job Description
The Recovery & Resolution Planning (RRP) team sits within the Corporate Treasury & Chief Investment Office (CTC) as part of the Treasury function. The RRP team is a firmwide function responsible for designing, managing, and delivering the Firm's Resolution plans, which demonstrate how the Firm would continue to operate when faced with material financial distress or failure of the company. Resolution Plans are required by the Firm's US and international regulators.
As an Executive Director of Recovery & Resolution Planning within our firm, you will act as the primary authority on US Recovery & Resolution (R&R) planning requirements. Your responsibilities will include offering strategic guidance, interpreting rules, and supporting the firm's advocacy efforts in relation to R&R planning and Total Loss Absorbing Capital (TLAC). You will also lead a team tasked with maintaining the firm's R&R capabilities testing and assurance contingency actions frameworks, and supervising the execution of central R&R testing and assurance activities.
Job Responsibilities

  • Maintain a deep level of expertise on rule requirements and supervisory expectations for TLAC and R&R planning, particularly as they evolve with market events
  • Work with the RRP team, corporate functions and Lines of Business (LoBs) to help drive advances in the Firm's R&R planning processes that are aligned with supervisory expectations
  • Represent the Firm's advocacy position on TLAC and key R&R related matters with policy makers and trade associations
  • Maintain and oversee documentation and ongoing application of the Firm's testing and assurance framework covering it's US R&R capabilities
  • Maintain and oversee ongoing application of the Firm's framework for identifying, quantifying and testing a comprehensive list of contingency actions
  • Plan and execute on the firm's centrally managed R&R testing program
  • Represent the Firm with supervisors in their reviews of the firm's capital management framework and recovery and resolution plans
  • Develop the Firm's approach to addressing new Resolution requirements for its Insured Depository Institution


Required qualifications, capabilities and skills

  • 10+ years of experience working with US regulations in the financial services sector
  • Deep expertise in US Resolution and/or Recovery planning requirements
  • Policy Advocacy with US Regulatory Agencies, or work experience in a US Regulatory Agency
  • Experience with managing significant projects at a globally active financial institutions
  • Team management experience


Preferred qualifications, capabilities and skills

  • Broad expertise across the US prudential regulations


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
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.

What the Team is Saying

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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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