Compliance - Operational Risk Management Lead - Vice President
JPMorgan Chase
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 (CCOR) organization, you will play a pivotal role in helping the firm understand, manage, and anticipate risks in a constantly changing environment. You will contribute to CCOR's mission by providing independent oversight of the firm's compliance, conduct, and operational risks, ensuring a robust control framework is maintained.
**Job Responsibilities:**
+ Serve as the primary point of contact for delivery of the Firm's Compliance and Operational Risk Program for the Risk Management function.
+ Provide Compliance and Operational Risk Management oversight and independent challenge of changes to Business processes, risks and controls that result from industry, regulatory and/or business decisions and strategic initiatives
+ Perform independent assessment(s) of compliance and operational risks leveraging CCOR framework (e.g. review and challenge of process, controls and risk assessments and performing oversight activities)
+ Assist in regulatory reviews, audits, exams and inquiries related to group's activities
+ Provide real-time guidance on applicability of regulatory or corporate policies to each group arising from current and prospective transactions
+ Draft and maintaining Compliance policies, procedures and bulletins reasonably designed to support compliance with applicable regulatory obligations, corporate requirements and industry best practices
+ Analyze compliance and operational risks to identify and make recommendations for process or control changes and system enhancements
+ Partner with Risk Management and within CCOR to strengthen the operational risk environment of the firm using analytics and independent challenge(s)
**Required qualifications, capabilities and skills:**
+ Minimum Bachelor's Degree with minimum 7 years of financial services industry experience
+ 5+ years of experience in risk management specific functions e.g., model risk/credit risk/market risk or their control functions such as compliance and/or operational risk management
+ Good working knowledge of financial products across different asset classes, key credit terms and processes e.g. credit loan origination, limit management, Stress testing, CECL, CCAR
+ Excellent research, analysis, written and interpersonal and communication skills; must have ability to adjust communication style for a variety of situations and be able to defend your stance, as needed
+ High proficiency in Microsoft Office Suite
**Preferred qualifications, capabilities, and skills:**
+ Understanding of the uses and application of data analytics and generative AI and LLM
+ Understanding of Financial Services regulations, Regulatory Reporting and Accounting standards with the experience of interactions with regulators a plus
+ Strong sense of accountability and ownership of responsibilities; diligent, and self-motivated with ability to make independent decisions
+ Intellectually curious, and comfortable challenging current practices
+ Ability to foster relationships at all levels within the coverage area and associated control functions
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
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