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 the Vice President in risk management within the risk management team, you are responsible for supporting the implementation of comprehensive risk management frameworks and practices for the organization. This role involves collaborating with risk and business leaders by leading ongoing assessments and monitoring of various governance frameworks and conducting testing reviews. You will report to the JPMorgan Wealth Management Chief Risk Officer and will work closely with senior management in risk, all four business channels, and supporting functions to ensure that risk management strategies align with the organization's goals and regulatory requirements.
Job Responsibilities
Serve as document owner for JPMWM Risk policies, procedures, and tools for identifying, assessing, monitoring, and mitigating risks Challenge existing policies, standards, controls and training to support compliance with risk’s regulatory and corporate requirementsIndependently review and, as appropriate, challenge the 1st LOD risk management activities and where appropriate, escalate new emerging risks or issues. Serve as lead for MRI challenge for the function.Own OLO assessment for the function; monitor and evaluate law, rule, and regulations and implement necessary changes; Comply with risks own applicable laws, rules, regulations and implement policies and standards established by IRM with respect to its own processes.Identify, analyze, measure, and report on risks, including aggregate risks and issues; Stay informed about emerging risks and trends in the industry and recommend appropriate actions.Lead team management of review relationships including exam management, audit, commercial credit review and center of excellence testing.Collaborate with senior management to integrate risk management into strategic planning and decision-making processes.Provide guidance and training to employees on risk management practices and policies.Foster a risk-aware culture within the organization by promoting open communication and collaboration on risk-related matters.Required qualifications, capabilities, and skills
Bachelor's degree in finance, business administration, risk management, or a related field.
Minimum of 10 years of experience in risk management, finance, or a related field
Strong understanding of risk management principles, practices, and regulatory requirements.
Excellent analytical, problem-solving, and decision-making skills.
Strong leadership and team management abilities.
Excellent communication and interpersonal skills, with the ability to influence and collaborate with stakeholders at all levels.
Experience in developing and implementing risk management frameworks (including but not limited to controls and exam management) and strategies.
Preferred qualifications, capabilities, and skills
A master's degree or professional certification (e.g., FRM, PRM, CPA) is preferred.