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Markets Operations Compliance Vice President

AT JPMorgan Chase
JPMorgan Chase

Markets Operations Compliance Vice President

Bournemouth, United Kingdom

The Markets Compliance team is responsible for setting policies, providing training, and offering real-time interpretation of financial regulations to the EMEA Markets businesses across Europe. This team is part of the EMEA Compliance Department, which covers JPMorgan's Corporate and Investment Banking, Security Services, Asset Management, and Private Banking businesses in the region.

As a Markets Operations Compliance Vice President within Markets Compliance team, you will provide primary line of business advisory and regulatory support to the Markets Operations functions. You will have the opportunity to materially contribute to and develop the Operations Compliance program through your deep knowledge and experience of post-trade execution processes, rules, and regulations. You will work closely with the wider Markets Compliance, Conduct, and Operational Risk (CCOR) team, providing credible challenge and compliance advisory coverage. You will function as a subject matter expert for regulations that apply to the Markets line of business, with a focus on:

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  • Cross-line of business Compliance Advisory Coverage across all products traded within Markets from a post-trade execution perspective.
  • Lead regulatory coverage for trade and transaction reporting guidance across all regulatory obligations such as MiFID, SFTR, EMIR, CFTC, etc.
  • SME coverage across all regulatory obligations within Markets, including Non-cleared margin rule, Swap dealer activities, CSDR, Settlement, confirmations, clearing, reconciliation, compression, etc.

Job Responsibilities:

  • Provide credible, timely, and risk-based advice, challenge, and support on regulatory matters, including 'live' regulatory interpretations and decisions in high-profile and/or time-constrained situations.
  • Offer thought leadership and compliance input to regulatory change management and regulatory horizon scanning.
  • Deliver timely and robustly documented input into business initiatives consistent with the firm's regulatory and reputational risk tolerances, such as new product proposals, business reorganization, and compliance interpretation of specific initiatives/transactions/structures to identify regulatory issues.
  • Conduct scheduled and ad-hoc training for the business.
  • Ensure accurate and timely completion of compliance monitoring activities.
  • Identify, implement, and review compliance policies, procedures, and additional documentation as required.
  • Prepare materials and function as a compliance representative at business governance forums within Markets Operations to provide an effective second line of defense independent challenge.
  • Contribute to the compliance risk assessment and compliance legal entity risk assessments for CIB Markets Operations processes.
  • Collaborate closely with Compliance colleagues in all locations, especially in the U.S., regarding CFTC Dodd-Frank regulations.
  • Forge strong working relationships with key stakeholders in Legal, the business, including Business Control Officers and Operations Controls Managers, and operations globally.

Required Qualifications, Capabilities, and Skills:

  • Proven ability to manage relationships with businesses at all levels, including senior management.
  • Familiarity and detailed experience with the trade life cycle within Markets to effectively provide guidance and challenge across all aspects of post-trade execution and products.
  • In-depth knowledge of the UK and EU regulatory framework applicable to the coverage areas (e.g., MiFID II, EMIR, SFTR, MMSR, etc.) and recent regulatory developments.
  • Relevant experience in a Compliance, Risk, or Control role in a global investment bank is highly advantageous.
  • Ability to work independently and know when to escalate issues is essential.
  • Excellent written and verbal communication skills; able to present information in varying degrees of detail and forms to audiences at all levels locally and globally.
  • High attention to detail and focus on the quality of work product.
  • Proactive, critical thinker comfortable with subjective situations, ready to ask appropriate questions, and effectively challenge.
  • Strong team player, expected to provide cross-coverage of other areas within the team as required.
  • Strong record of participation in regulatory change projects/implementation.


ABOUT US

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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

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.

Our Compliance teams work globally across all lines of business to advise internal stakeholders on the impact of regulatory requirements and how to balance these with the firm's needs. Their diverse mandate means they also provide input on new business strategies, product lines, policies, training, operational processes, risk mitigation and control.

Client-provided location(s): Bournemouth, UK
Job ID: JPMorgan-210559220
Employment Type: Full Time