J. P. Morgan Wealth Management - Suitability Product Team Associate
About The Position
As a Senior Associate on the Regulatory US Strategic Suitability product team within the Regulatory Programs and Transformation Group, you will support development, implementation, and monitoring of solutions that maintain FINRA 2111 obligations for the SEC 17a3 playback letter and harmonized suitability questionnaire. The role includes writing, reviewing, and signing off on requirements; developing and maintaining the operating model; providing oversight reporting; and escalating observations about the regulatory operating business model. The position helps maintain compliance with the policies, procedures, processes, and technology established to meet regulatory requirements. The Regulatory Programs and Transformation team drives and executes regulatory change initiatives across Wealth Management. The work is cross-functional and involves senior management and teams across the front office, product, legal, risk, compliance, operations, technology, and supervision. The team develops end-to-end solutions, builds subject-matter expertise in applicable rules and business models, supports solutions after implementation, and drives improvements in response to industry changes and feedback from auditors, regulators, and the business.
Requirements
- Hold FINRA Securities Industry Essentials (SIE) and Series 99 licenses, or be able to secure them within 120 days of hire.
- At least 3 years of experience in product, project management, process improvement, and/or data analytics.
- At least 3 years of experience with wealth management infrastructure, including advisors, client service, product, technology, operations, supervision, and controls.
- Strong analytical and logical thinking to understand large data sets and complex business processes.
- Willingness to learn how to identify trends, themes, and opportunities from information.
- Intermediate to advanced experience using Microsoft Office, including Excel, Visio, and PowerPoint.
Nice To Haves
- College degree or equivalent is strongly preferred.
- Experience with compliance, supervision, controls, and/or legal initiatives.
- Jira experience.
Responsibilities
- Support project workstreams and assist with developing and deploying the strategic operating model for an assigned project or program.
- Lead or assist workstreams and working groups delivering U.S. suitability initiatives in partnership with the Front Office, Product, Marketing, Legal, Risk, Compliance, Operations, and Technology.
- Contribute to the design and implementation of full operating models, including organizational structures, governance, processes, controls, and technology tools.
- Identify challenges, gaps, and opportunities for improvement, and present findings clearly and compellingly.
- Coordinate in-flight programs that cross-impact or depend on the assigned workstream, project, or program.
- Analyze large data sets to identify trends, challenges, and opportunities for improvement, and communicate findings clearly.
- Escalate findings within the team and manage follow-ups.
- Guide or execute remediation and corrective actions as needed.
- Collaborate on requirements and enter them into Jira.
- Participate in product lifecycle and governance checkpoints, applying process improvement, organizational design, change management, and internal communication and training strategies.
- Support the development, implementation, and monitoring of solutions for the SEC 17a3 playback letter and harmonized suitability questionnaire.
- Write, review, and sign off on requirements; develop and maintain the operating model; provide oversight reporting; and escalate regulatory operating model observations.
Benefits
- Competitive total rewards package, with base salary determined by role, experience, skill set, and location.
- Eligible roles may receive commission-based pay and/or discretionary incentive compensation in cash and/or forfeitable equity.
- Comprehensive health care coverage.
- On-site health and wellness centers.
- Retirement savings plan.
- Backup childcare.
- Tuition reimbursement.
- Mental health support.
- Financial coaching.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
