9 days old

JPMorgan Chase & Co.
Columbus, OH 43215
  • Job Code
    200008243_1

Commercial Bank: Wholesale Lending Services –Operations Risk & Control

Job Description

CB Operations Risk & Control

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the worlds most prominent corporate, institutional and government clients under its JPMorgan Chase & Co brands. JPMorgan Chase & Co.is committed to providing a comprehensive set of benefits choices to meet different employee needs and lifestyles, which include choices such as fully paid parental leave time, health care insurance and retirement benefits.

 

Commercial Banking provides comprehensive solutions, including lending and treasury services, to corporations, municipalities, financial institutions and not-for-profit entities with annual revenues generally ranging from $20 million to $2 billion, as well as real estate investors and owners. 


Description:

CB Risk and Control Risk manager will be responsible for the delivery and oversight of Risk and Control for the relevant program. Control Management (CM) maintains a strong and consistent control environment across the firm. With Control Managers appointed for each Line of Business, Function and Region, there is a comprehensive coverage and joint accountability model with the business executive that promotes early operational risk identification and assessment, effective design and evaluation of controls and sustainable solutions to mitigate operational risk.


Control Management focuses on four areas: 

1) Control design and expertise

2) Risks and controls identification/assessment

3) Control breaks and resolution

4) Control governance & reporting

Team to be supported – Project team leading implementation of LIBOR replacement rates across Commercial Banking


Responsibilities: 
  • In partnership with stakeholders, evaluate and perform an end-to-end analysis of the business’ risk and control environment to identify significant gaps and weaknesses. Provide inputs & recommendations to manage project risks

  • Ensure that controls are properly designed, operating effectively, and essential to a proactive risk and control culture that leverages proven evaluation strategies and sound change management protocols 

  • Engage with control colleagues across the firm, business, operations management, legal, compliance, risk, audit, regulators and technology control functions to provide additional program recommendations.

  • Review individual project work streams, identify any potential risks and provide recommendations to  address the risks

  • Ensure applicable policies, regulations & control standards applicable are shared and adhered to for the project

 

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing and asset management.  JPM is comprised of four business segments, Consumer & Community Banking, Commercial Banking, Corporate & Investment Bank and Asset & Wealth Management. Wholesale Lending Services (WLS) exists within Commercial Banking and provides loan servicing functions to all four JPMorgan lines of business. 


The final officer title and job grade is at the discretion of the firm and will be discussed at the time of offer.  It may be different than what is listed on the requisition based on candidate experience level. 

Qualifications:     

  • Bachelor’s degree or equivalent experience required

  • 8-12 years of experience in operations, operational risk management, process improvement and project management in a sophisticated global banking environment. (Knowledge of Commercial Loan product will be an added advantage).

  • Skills:
  • Business knowledge - ability to understand the business / knowledge of regulation surrounding business

  • Communication/presentation - excellent written and verbal communication skills with an ability to influence business leaders in a meaningful and actionable manner

  • Networking – exceptional interpersonal skills; exceptional collaboration and relationship building skills

  • Work autonomously to affect change - flexible, adaptable to shifting priorities; manages competing priorities to achieve the most effective result and able to work in a fast-paced, results driven environment

  • Process analysis / design acumen – ability to understand a process and associated risk to inform control design

  • Problem solving / Analytical skills - solid critical thinking, attention to detail and analytical skills; able to synthesize large amounts of data and formulate appropriate conclusions

    • Understanding root cause / identifying control breaks

    • Developing timely and sustainable solutions

    • Analyze metrics for emerging risk

  • Project Management (e.g., liaise with WLS and Firmwide process leads and provide PMO support)

Req #: 200008243_1
Location: Columbus, OH US
Job Category: Operations
Employment Type: Full Time
Potential Referral Amount: 0 US Dollar (USD)


Keyword: consumer%20banking

Categories

Posted: 2020-05-15 Expires: 2020-06-14

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JPMorgan Chase & Co.
Columbus, OH 43215

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