Job title: CCOR – CIB – Operational Risk Management – Vice President – New York
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Company: JPMorgan Chase
Job description: Job Description:
CCOR – CIB – Operational Risk Management – Vice President – New York
About J.P. Morgan’s Corporate & Investment Bank
J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With nearly $20 trillion of assets under custody, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
The Corporate & Investment Bank (CIB) Operational Risk Management (ORM) team is responsible for independently assessing, reviewing and overseeing the management of Operational Risk by the first line of defense
About Compliance, Conduct and Operational Risk
Operational Risk Management is part of Compliance, Conduct and Operational Risk (CCOR), within the Risk Management and Compliance organization. CCOR is responsible for the design and execution of the CCOR program, which consists of the second line of defense’s responsibilities in the oversight of management of the firm’s Compliance, Conduct, and Operational Risk.
Our organization is focused on cultivating a strong, unified culture that embraces a sense of personal accountability in developing the highest corporate standards in governance and controls. Business priorities are focused on continuing to strengthen and guard the firm from the many risks we face while fostering a transparent culture and continuing to do first class business in a first class way. We are equally focused on nurturing talent, respecting the diverse experiences that our team of professionals brings and embracing an inclusive environment.
Responsibilities:
The successful candidate will join a global 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 CIB Markets.
- Leveraging the Firmwide Compliance, Conduct and Operational Management Framework to Identify, Measure, Monitor, Manage, Report and Govern Operational Risk for CIB Markets Businesses.
- Understanding and assessing Key and Emerging Risks for Global Equities businesses.
- Focus on Equities and associated Electronic Trading, including the review and approval of new or materially changed E-Trading Activities.
- Review the risks identified by the first line of defense and escalating any new or emerging risks or issues.
- Independently assess operational risks and control environments through quantitative and qualitative means.
- Independently monitor the risks and collaborate with the CCOR Testing team to test the effectiveness of controls.
- Identify issues for the first line of defense to remediate through action plans and reviewing Key Risk Indicators and Key Performance Indicator thresholds, as required.
- Communicate the results and changes to risk assessments and the results of monitoring and testing activities to business management and in Risk and Control Forums.
- Liaise with key stakeholders across first, second and third line of defense.
- Bring a focus upon internal process re-engineering, with a view to making recommendations and enhancements to existing Risk processes where opportunities arise.
- Stay abreast of industry news and regulatory developments to facilitate proactive risk identification and mitigation.
Preferred qualifications
- Experience with risk management, controls management, products, and Operations trade flow processes and lifecycles, regulatory reporting, or technology for Equities products required.
- Minimum Bachelor’s Degree with 5-10 years of Markets, Operation, Risk or Compliance related experience.
- Adaptability to learn and understand internal systems (including E-Trading systems), technology architecture and components, processes, sub-processes, risks and controls preferred.
- Strong influencing skills and ability to drive change and deliver results
- Strategic thinker with strong analytical and project management skills with successful track record of completion
- Ability to multi-task, prioritize and thrive in a fast-paced and evolving environment
- Excellent project management with successful track record of completion
- Strong team player and ability to communicate clearly and concisely in a fast-paced environment
About Us: JPMorgan Chase & Co., 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 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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the “WELL Health-Safety Rating” for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.
As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm’s current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm’s vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.
Equal Opportunity Employer/Disability/Veterans
About the Team:
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.
Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.
Expected salary:
Location: USA
Job date: Wed, 08 Jun 2022 00:53:59 GMT
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