Compliance - Operational Risk Management Lead - Vice President

JPMorgan Chase & Co. • Jersey City, NJ

2d

About The Position

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 an Operational Risk Management Lead within the Compliance, Conduct and Operational Risk organization, you will be joining a team of risk professionals from a diverse range of backgrounds and experience who collectively ensure that the Firm’s Operational Risk Management Framework is implemented and functions effectively within Asset & Wealth Management (AWM). In this role, you will be highly visible to senior management and offers the opportunity to work across AWM and JPMorgan Chase & Co. To be successful, you will require knowledge of operational risk and key risk management skills, along with an ability execute on a broad book of work including creation and oversight of operational risk testing requirements.

Requirements

• Bachelor’s Degree with at least 6+ years of industry experience in wealth management/private banking, asset management, institutional capital markets or their control functions such as risk management, compliance, or audit
• Expertise in financial services products – e.g. Investment (fixed income, equity, alternatives, derivatives), Lending, Trusts and Estates
• Highly disciplined, ability to make independent decisions and work with limited supervision while exceling in a dynamic, demanding environment.
• Good communicator (written and oral) with strong analytical, problem solving and project management skills with successful track record of completion
• Strong analytical skills and proven ability to identify potential process and control issues and develop and present solutions to key stakeholders
• Strong interpersonal and influencing skills and ability to embrace and drive change
• Ability to multi-task, prioritize and thrive in a fast-paced and evolving environment

Nice To Haves

• Familiarity with Wealth Management (WM) and aspects of WM Solutions (e.g. Trust & Estates, Banking, Lending, Product Development, Capital Markets Solutions and Managed Solutions) will be an advantage.
• Exposure to multiple risk disciplines (e.g., credit, investment, fiduciary, reputation) will be an advantage.
• Experience with risk management, control management, capital markets structure, compliance and audit in the financial services industry
• Self-motivated, driven and intellectually curious

Responsibilities

• Understand the operational risk profile as assessed by the business in Control and Operational Risk Evaluation (CORE), key risk & performance indicators, and other controls to identify negative trends and potential control gaps.
• Identify operational risks associated with New Business Initiatives (NBI) and other programs within the business and challenge the control environment within these programs
• Perform deep dive reviews of areas of emerging risk or potential control gaps to identify issues for the business to remediate; document and share analysis with business stakeholders entering issues and action plans firm’s system of record
• Provide an independent, objective view of the business and/or function control environment, mitigation strategies and emerging risk.
• Review internal and external Operational Risk events for opportunities to implement new preventive and detective controls.
• Provide independent operational risk oversight in key governance forums within control forums and committees; escalate to regional committees and liaise with regulators as needed
• Be a trusted advisor for Wealth Management Solutions, control teams, Compliance, Conduct and Operational Risk (CCOR) and Risk colleagues and leverage subject matter knowledge to drive value added dialogue, inform risk based decisions and influence strategic programs decisions

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees