Finance & Business Management - Vice President

JPMorgan Chase & Co.•Jersey City, NJ
6h

About The Position

The Litigation Business Management team acts as a trusted advisor to the Litigation General Counsel and optimizes business performance As a Litigation Operational Risk Business Manager on the Litigation Finance and Business Management team, you will play a key role overseeing the identification, recording, monitoring, and reporting of operational risk events within the Litigation department. This role ensures adherence to Firmwide Internal Operational Risk Event Standards and manages the interface between the Litigation matter management system (LitHub) and the Firm's operational loss system of record (Risk Event Database - RED). You will also play a critical role in supporting Litigation Reporting and enhancements for LitHub by collaborating with Product Owners and Legal Technology.

Requirements

  • Bachelor's degree in Business, Finance, Risk Management, or related field
  • 5+ years of experience in finance, controls, risk, legal operations, compliance, or related field
  • Proven ability to produce accurate, timely reports with complex data sets, reconciliation, and quality assurance
  • Demonstrated commitment to maintaining robust controls frameworks; proactive in identifying process improvement opportunities and ensuring compliance with policies and procedures
  • Highly motivated self-starter with excellent time management/prioritization skills
  • Strong analytical and problem solving skills with ability to analyze large data sets and present conclusions concisely
  • Excellent written and oral communication skills with ability to present well to senior and global Litigation heads
  • Able to forge strong internal relationships across a broad range of functions
  • Ability to manage multiple priorities and meet strict deadlines

Responsibilities

  • Manage monthly reporting of litigation matter and loss data to the firm's operational risk database by established deadlines
  • Ensure data accuracy and completeness for the reporting to Operational Risk system for settlements, reserves, fines, and outside counsel fees
  • Partner with cross-functional teams to resolve data variances and quality issues
  • Maintain compliance with firmwide operational risk standards and procedures
  • Manage the work of the team responsible for Request for Proposal, Litigation matter reporting and discovery management
  • Manage the request for PwC audit (legal entity searches) and Reg W reporting
  • Coordinate quality assurance processes and update Litigation Operational Risk procedures and serve as main point-of-contact for LitHub (Litigation matter management system) enhancements to ensure data quality for reporting and better user experience
  • Serve as business partner to Op Risk and Litigation teams for litigation reporting
  • Partner with the business, Operations and Technology in the definition of future workflows and implementation of related technology and infrastructure projects to prepare the business to meet the team's goals
  • Collaborate with Legal Finance for Legal Fees, Litigation Reserves and Settlements
  • Paricipate in respective internal/external working groups and respond to ad-hoc requests and provide guidance on reporting requirements, as needed.

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.
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