Job Description
As an Operational Risk Management Lead in Risk Management and Compliance (RM&C), 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.
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.
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.
As an Operational Risk Management Lead, you will join a global team of risk professionals from a diverse range of backgrounds and experience ensuring the Firm's Operational Risk Management Framework is implemented and functions effectively within Corporate & Investment Bank (CIB) Markets.
Job Responsibilities
- Leveraging the Firmwide Compliance, Conduct and Operational Risk (CCOR) Management Framework to Identify, Measure, Monitor, Manage, Report and Govern Operational Risk for the Global Markets Businesses.
- Understanding and assessing Key and Emerging Risks for Global Rates and Fixed Income Finance businesses.
- Focus on Electronic Trading and lead the evolution of the Electronic Trading Risk Management Framework including the review and approval of new or materially changed E-Trading Activities.
- Independently assess operational risks and control environments through quantitative and qualitative means. Monitor the risks and collaborate with the CCOR Testing team to test the effectiveness of controls.
- 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 Markets including 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.
Required Qualifications, Capabilities, and Skills
- Experience with risk management, controls management, markets products, Front Office and Operations trade flow processes and lifecycles, regulatory reporting, or technology for Rates / Fixed Income Finance products required.
- Minimum Bachelor's Degree with 5+ years of Markets and / or Operations related experience.
- Strong influencing skills and ability to lead change and deliver results; Ability to multi-task, prioritize and thrive in a fast-paced and evolving environment.
- 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 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 / 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.
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