Job Summary:
The AWM Risk and Control team's mission is to enable the proactive identification and timely remediation of risk by providing a framework, infrastructure and support system holistically encompassing the breadth and depth of risk across Asset & Wealth Management Business and Operations. We are responsible for the overall risk and control framework for AWM that incudes governance, regulatory response, risk mitigation, risk transformation and business intelligence. Our Business Control Officers have deep subject matter expertise, are embedded with the broader functional teams and work hub and spoke with stakeholder teams and other pillars of our risk and control team to help carry out the consistency of the framework while driving the continued evolution of a more advanced risk and control approach. We partner with Business, Operations, Technology and Business leadership to take the best of what we do, within and across LOBs, and drive deliberate cross-pollination, lessons learned, and drive control initiatives to help drive risk reduction. We serve the broader organization in a collaborative fashion, with a mindset to "serve and protect" and ensure a "design for control" oriented approach in all that we do.
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Job Responsibilities :
- Collaborate with business partners, Legal, Compliance and other advisors to perform ongoing assessment and monitoring of the operational risk and control environment covering a specific business team
- Promote an environment where risk and control issues are escalated and trends are anticipated, identified and remediated
- Provide control-related subject matter expertise to assist business partners in design and implementation of efficient, effective, repeatable processes and controls to mitigate risks for strategic business initiatives and ongoing business processes
- Leverage business expertise and judgment to thoughtfully challenge assumptions, ways of working and operating models
- Establish trusting partnerships and a culture of respectful, honest communication with other Control Managers and business partners as well as intersecting functional teams (e.g. Compliance, Legal, Operations, Technology, Internal Audit), while engaging diverse perspectives
- Drive business readiness and serve as liaison for audit, regulatory and compliance responses and exams
- Collaborate with central support teams for execution, administration and tracking of control testing, management and remediation of control gaps (Issues / Action Plans) and change management, including new business initiatives
- Where control gaps or errors are identified, determine root cause, perform Issue/Action Plan administration, and share lessons learned
Required Qualifications, Skills and Capabilities:
- 7+ years of work experience related to investment and portfolio management processes or institutional financial services, and related regulations and associated risks
- Strongly preferred: at least 4 years of work experience in Control Management, Risk and Control Self Assessments (RCSA), Internal Controls Design & Review, Compliance, Operational Risk, or Audit
- Experience structuring and driving multiple simultaneous projects to on-time completion
- Analytic and investigative mindset; dedicated to continuously learning and continuously improving processes
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. 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.
ABOUT THE TEAM
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
Control Management maintains a strong and consistent control environment through a joint accountability model that aligns managers with each function and region to mitigate operational risk. The team focuses on four areas: Control Design & Expertise, Risks & Controls Identification/Assessment, Issues & Control Deficiencies and Control Governance & Reporting.