Job Description
Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
As a Vice President in the Risk Management and Compliance team, you will play a pivotal role in maintaining the strength and resilience of JPMorgan Chase. You will be a part of a diverse and talented team responsible for overseeing the control framework for Asset and Wealth Management Risk. Your role will involve fostering relationships with our global business partners and other stakeholders across the organization to promote early operational risk identification and assessment, effective design and evaluation of controls, and sustainable solutions to mitigate operational risk. As a part of the Risk Control team, you will provide leadership to foster a proactive risk and control culture, leveraging proven evaluation strategies and sound change management protocols.
Job Responsibilities
- Lead and support execution of the Compliance and Operational Risk Evaluation framework through participation in process analysis to assess the business' risk and control environment, identify control and/or data quality issues and understand their root causes, and review actions taken to remediate issues
- Verify controls are properly designed, operating effectively, and essential to a proactive risk and control culture that leverages proven evaluation strategies and sound change management protocols
- Perform ongoing analysis of risk and control program related data to identify and resolve issues
- Assess the impact of new or updated internal policies/standards and technology solutions to understand changes to processes and verify compliance with evolving control requirements
- Analyze recurring control weaknesses, and monitor results and trends in other relevant indicators
- Evaluate, analyze and track issues and action plans to ensure progress toward planned completion dates
- Lead review preparation and remediation efforts for Regulatory, Second Line and Internal Audit exams / reviews, providing control oversight and guidance to business partners
- Implement Firmwide control initiatives for Asset Wealth Management as required
- Partner effectively with colleagues across the firm, business, operations management, legal, compliance, Risk, audit, regulators and technology
Required qualifications, skills and capabilities
- Bachelor's degree or equivalent experience
- Demonstrated experience of financial services experience in controls, audit, quality assurance, risk management, or compliance at a VP level, and demonstrable familiarity with regulatory requirements.
- Demonstrate confident leadership with sound judgment and ability to multi-task, work well under pressure with commitment to deliver under tight deadlines
- Experience with implementing effective control environments especially in the Financial Services Industry
- Strong communication (oral and written) with high degree of comfort communicating with management
- Ability to analyze problems with keen attention to detail; Inquisitive and proactive. Work autonomously to affect change - adaptable to shifting priorities; manages competing priorities to achieve the most effective result and able to work in a fast-paced, results driven environment
- Proven employee management experience or demonstrable ability to manage team members
- Strong Microsoft Office Suite (Word, Excel, PowerPoint, Visio) with the ability to develop compelling and meaningful executive presentations that will drive opportunities / recommendation for improvement
Preferred qualifications, skills and capabilities
- Masters/MBA a plus
- Experience in Asset and Wealth Management and or Private Bank Risk preferred
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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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.
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 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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