JP Morgan Chase & Co.

Risk Management & Compliance Governance Lead Vice President

JP Morgan Chase & Co. • $150K — $180K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree or equivalent experience
  • 5+ years in Auditing, Accounting, Internal Control, or Credit Analysis, focusing on Wholesale Credit Risk
  • Strong business writing skills
  • Experience in Wholesale Audit, Compliance, Operational, or Regulatory Risk Management
  • Proven ability to collaborate across functions
  • Strong organizational skills
  • Detail-oriented with strong analytical skills
  • Proficiency in Microsoft Word, Excel, and PowerPoint

Responsibilities

  • Develop and maintain policies, standards, guidelines, and procedures related to regulatory compliance and risk management.
  • Assess business needs with the Front Office and develop risk controls for revenue achievement and growth.
  • Maintain a comprehensive documentation inventory, ensuring clarity and user-friendliness.
  • Review and update documentation to ensure accuracy and relevance.
  • Assist in the design and implementation of the risk management framework across the business.
  • Deliver on large-scale risk and regulatory change initiatives.
  • Communicate strategic risk management updates and requirements to senior management and working groups.
  • Collaborate with internal groups on risk controls, incident management, and infrastructure projects.

Benefits

  • Opportunities for leadership and strategic involvement in risk management initiatives.
  • Exposure to cross-functional collaboration with senior management and other internal teams.
  • Potential for professional development in project/change management.
  • A dynamic working environment that emphasizes regulatory compliance and documentation excellence.
Full Job Description
JOB DESCRIPTION
Description

As a Vice President in the Credit Risk Governance team, you will collaborate with global Wealth Management functions, including Risk, Lending Solutions, Operations, Legal, and Compliance. Your role will involve working with the Wealth Management Risk function to develop and maintain policies, standards, guidelines, and procedures, including regulatory compliance measures. You will work closely with the Front Office to assess business needs and develop risk controls to achieve revenue targets and business growth. Your responsibilities will also include maintaining a full inventory of documents and ensuring they are clear, concise, and user-friendly. You will assist in developing and implementing the business risk management framework, including risk governance and controls, organization structure, policies and procedures, and risk measures and metrics. You will also be responsible for delivering large-scale risk and regulatory change and technical initiatives. Communication of changes, detailing requirements, and strategic risk management objectives to large working groups, including senior management, will be a key part of your role. You will also work with internal groups such as Credit, Investment, and Fiduciary Risk areas, as well as Compliance, Legal, and Operations on matters related to risk controls, model-assessments, incidents, and infrastructure projects. Lastly, you will provide support and guidance for audits and regulatory examinations.

Job Responsibilities

  • Work with  Wealth Management Risk function to develop and maintain policies, standards, guidelines, and procedures, including regulatory compliance measures and risk advisory within the Risk Management Program.
  • Work closely with the Front Office to assess business needs and further develop risk controls to efficiently achieve revenue target and new business growth. 
  • Play a key role in the hierarchy and design of documentation by maintaining full inventory of documents.
  • Review documentation to ensure it is clear, concise, and user-friendly. Perform ongoing updates to existing documentation to ensure they remain accurate and relevant.
  • Assist in developing, design, implementation, and support of line of business risk management framework, including but not limited to: Risk governance and controls, organization structure, policies and procedures, three lines of defense, risk measures and metrics (risk appetite and limits, monitoring and escalation).
  • Deliver large-scale risk and regulatory change and technical initiatives.
  • Communicate changes including detailing requirements and strategic risk management objectives/updates to large working groups, including senior management.
  • Work alongside internal groups such as Credit, Investment, and Fiduciary Risk areas as well as Compliance, Legal, and Operations on matters related to risk controls, model-assessments, incidents, and infrastructure projects.
  • Provide support and guidance for audits and regulatory examinations.

Required qualifications, capabilities, and skills

  • Bachelor's Degree or commensurate related job experience 
  • 5+ years of experience in Auditing, Accounting, Internal Control and/or Credit Analysis with focus on Wholesale Credit Risk
  • Strong business writing skills
  • Experience in Wholesale Audit, Compliance, Operational, and/or Regulatory Risk Management
  • Demonstrated ability to collaborate cross-functions to achieve measurable results
  • Strong organizational skills
  • Ability to manage and prioritize multiple requests at the same time
  • Detail oriented with strong analytical skills
  • Proficiency in Microsoft Word, Excel, and PowerPoint

Preferred qualifications, capabilities, and skills

  • Project and/or Change Management experience preferred

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

High-Demand Positions

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Navigating the Job Market at JP Morgan Chase & Co.

Leveraging Job Portals and Job Alerts

For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ

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