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.In this role as a Compliance, Conduct and Operational Risk (CCOR) Vice President, you will act as an independent second line of defense and challenge function to the Trusts & Estates practice in the J.P. Morgan Private Bank line of business (LOB). As the Compliance Risk Management Lead, you will be required to closely interact with the Line of Business and global/regional and functional CCOR teams and key stakeholders, including Legal, Internal Audit, Finance & Business Management and other Control functions. For this position it is a requirement you have the necessary knowledge and experience in Compliance as well as familiarity with regulatory and/or audit best practices.Job Responsibilities
The Compliance Risk Management Lead provides regulatory compliance subject matter expertise to the J.P. Morgan Private Bank Trusts & Estates practice.
Tracks pending legislative and regulatory changes, understands existing regulatory requirements, including banking, trust and securities laws and regulations, and analyzes their impact on existing policy and business practices.
Actively participates in various governance and control meetings and committees, including those with fiduciary oversight responsibilities.
Actively partners with Business Management, Legal, Risk, Controls Management, and other functional partners on all strategic initiatives to provide constructive compliance advice, influence the end-to-end process and development, and find creative ways for the business to meet its goals and objectives without compromising compliance controls.
Manages the resolution of issues arising from regulatory changes and/or deficiencies noted because of internal and/or external reviews. This includes analysis of root cause, providing guidance for system and/or process changes and providing guidance on curing known defects.
Proactively evaluates processes, controls, and risks, identifies concerns and control issues, advises on implementing improvements, ensures stakeholders, including any third-party providers, develop and implement appropriate corrective actions and escalates unresolved issues.
Conducts ongoing risk assessment, administers monitoring, drafts and maintains Compliance policies, and helps design testing plans for assigned areas of responsibility.
Coordinates and delivers compliance training and develops and distributes Compliance bulletins.
Assists with research and draft responses to internal audits, regulatory inquiries and examinations, and other special reviews.
Delivers on projects driven by Asset & Wealth Management and corporate firm-wide compliance and control initiatives.
Required Qualifications, Capabilities, and Skills
Compliance Knowledge: Requires extensive working knowledge of laws and regulations governing the Trusts & Estates practice, including proven ability to apply these requirements to business practices and systems to identify and assess compliance risk.
Project Management: Ability to manage numerous high risk/high profile projects, good analytical skills, self-motivated with the ability to work independently. Must possess the ability to comprehend and apply regulations to a wide variety of situations.
Communication: Excellent oral and written communication, as well as client management, negotiation, and interpersonal skills. Must be able to lead and influence; drive regulatory awareness, provide thought leadership and challenge.
Decision Making: Ability to analyze complex problems and make prompt, independent and accurate decisions.
Strong PC skills include all Microsoft Office applications (Word, Excel, PowerPoint, Outlook).
Preferred Qualifications, Capabilities, and Skills
Bachelor's degree preferred but will consider equivalent compliance experience. Minimum 5 years of experience at a major institution.
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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 is an Equal Opportunity Employer, including Disability/VeteransBase Pay/SalaryJersey City,NJ $118,750.00 - $193,000.00 / year; New York,NY $118,750.00 - $193,000.00 / year