1+ months

Ops Risk/Cntrl Associate

Jersey City, NJ 07302
  • Job Code
    210278350

Organization Description

The Corporate & Investment Bank is a global leader across Investment Banking, Wholesale Payments, Markets and Securities Services. The world™s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

Employer Description

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.

J.P. Morgan Corporate & Investment Bank (CIB):
J.P. Morgan™s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world™s most important corporations, governments and institutions entrust us with their business in more than 100 countries. The Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

J.P. Morgan Securities Services:

J.P. Morgan Securities Services is a global leader with $30 trillion in assets under custody, provides institutional investors access to markets worldwide for the settlement, safekeeping and asset servicing of securities. The Securities Services business is comprised of Markets, Custody, Fund Accounting, Transfer Agency, Middle Office outsourcing, Foreign Exchange, and other activities related to servicing assets for traditional and alternative funds.

The Role

The Securities Operations Management team is looking for a high-performing Senior Associate to play a key role in the successful delivery and management of key post trade governance and process control functions

  • Collaborate with and influence organization comprised of functional Corporate Action, Income distribution, and Finance teams across global securities operations
  • Lead organization in support of functional Corporate Action, Income distribution, and Finance teams across global securities operations
  • Communicate business strategy, performance and priorities at key forums e.g. business reviews, off sites
  • Deliver high quality, consistent and meaningful executive reporting and analytics for remediation management
  • Develop and execute governance and escalation channels to team management and key stakeholders to reduce overall cost and increase transparency
  • Managing control and risk governance implementation and reporting through data driven solutions
  • Review risk event and errors internally and externally where relevant and drive the coordination and monitoring of corrective action plans
  • Create & document wash account governance program
  • Coordinate interactions for internal review cycles, audits, compliance and regulators
  • Establish and maintain governance inventory framework for aged payables & receivables by age bucket and ownership, all Nostro & Wash Accounts, and current reconciliation processes
  • Collaborate with existing Change/Business Engineer leadership in finalizing and executing horizon three strategic roadmap
  • Drive Innovation efforts across the organization, ensuring stakeholders are onboard with the requirements and support delivery
  • Design an end-to-end KPI framework and communication protocol
  • Partner with internal/external stakeholders to understand business needs, make recommendations and identify solutions to achieve objectives
  • Establish SecOps governance counsel
  • Manage and support multiple phase migration effort

Requirements/Skills:

Leadership

  • Extensive relevant industry experience, ideally coupled with strategic, business management and financial experience
  • Comfortable working in a fast-paced environment
  • Confident leader possessing a strength of personality and intellect to gain the respect of demanding business heads and senior partners
  • Ability to influence outcomes and get the best from people, even where no direct line management responsibility exists
  • Thoughtful, informed and appropriately opinionated

Effective Communicator

  • Ability to synthesize information to formulate a œstory for Senior Management
  • Assimilates broad-ranging information quickly and able to distil into key points
  • Attention to detail and ability to assimilate fragmented facts into detailed statements
  • Quickly establishes rapport with business heads and other leaders

Resilient

  • Strong work ethic, self-starter who is creative with a ˜can-do™ attitude
  • Thrives under tight deadlines
  • A flexible proactive approach, ability to adapt to business change
  • Leverages the organization to deliver results quickly

Technical

  • Familiarity with trade life cycles (i.e. booking systems, trade capture & matching, allocation, settlements etc.)
  • Risk and Control mindset: designing and implementation of controls; contribution towards bolstering the firm™s Securities Operations control framework
  • Ability to understand system/data flows and derive business insights
  • Knowledge of Fixed Income and Equities
  • Project Management & Business Analysis skills (highly desirable)

Keyword: consumer%20banking

Organization Description

The Corporate & Investment Bank is a global leader across Investment Banking, Wholesale Payments, Markets and Securities Services. The world™s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

Employer Description

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.

J.P. Morgan Corporate & Investment Bank (CIB):
J.P. Morgan™s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world™s most important corporations, governments and institutions entrust us with their business in more than 100 countries. The Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

J.P. Morgan Securities Services:

J.P. Morgan Securities Services is a global leader with $30 trillion in assets under custody, provides institutional investors access to markets worldwide for the settlement, safekeeping and asset servicing of securities. The Securities Services business is comprised of Markets, Custody, Fund Accounting, Transfer Agency, Middle Office outsourcing, Foreign Exchange, and other activities related to servicing assets for traditional and alternative funds.

The Role

The Securities Operations Management team is looking for a high-performing Senior Associate to play a key role in the successful delivery and management of key post trade governance and process control functions

  • Collaborate with and influence organization comprised of functional Corporate Action, Income distribution, and Finance teams across global securities operations
  • Lead organization in support of functional Corporate Action, Income distribution, and Finance teams across global securities operations
  • Communicate business strategy, performance and priorities at key forums e.g. business reviews, off sites
  • Deliver high quality, consistent and meaningful executive reporting and analytics for remediation management
  • Develop and execute governance and escalation channels to team management and key stakeholders to reduce overall cost and increase transparency
  • Managing control and risk governance implementation and reporting through data driven solutions
  • Review risk event and errors internally and externally where relevant and drive the coordination and monitoring of corrective action plans
  • Create & document wash account governance program
  • Coordinate interactions for internal review cycles, audits, compliance and regulators
  • Establish and maintain governance inventory framework for aged payables & receivables by age bucket and ownership, all Nostro & Wash Accounts, and current reconciliation processes
  • Collaborate with existing Change/Business Engineer leadership in finalizing and executing horizon three strategic roadmap
  • Drive Innovation efforts across the organization, ensuring stakeholders are onboard with the requirements and support delivery
  • Design an end-to-end KPI framework and communication protocol
  • Partner with internal/external stakeholders to understand business needs, make recommendations and identify solutions to achieve objectives
  • Establish SecOps governance counsel
  • Manage and support multiple phase migration effort

Requirements/Skills:

Leadership

  • Extensive relevant industry experience, ideally coupled with strategic, business management and financial experience
  • Comfortable working in a fast-paced environment
  • Confident leader possessing a strength of personality and intellect to gain the respect of demanding business heads and senior partners
  • Ability to influence outcomes and get the best from people, even where no direct line management responsibility exists
  • Thoughtful, informed and appropriately opinionated

Effective Communicator

  • Ability to synthesize information to formulate a œstory for Senior Management
  • Assimilates broad-ranging information quickly and able to distil into key points
  • Attention to detail and ability to assimilate fragmented facts into detailed statements
  • Quickly establishes rapport with business heads and other leaders

Resilient

  • Strong work ethic, self-starter who is creative with a ˜can-do™ attitude
  • Thrives under tight deadlines
  • A flexible proactive approach, ability to adapt to business change
  • Leverages the organization to deliver results quickly

Technical

  • Familiarity with trade life cycles (i.e. booking systems, trade capture & matching, allocation, settlements etc.)
  • Risk and Control mindset: designing and implementation of controls; contribution towards bolstering the firm™s Securities Operations control framework
  • Ability to understand system/data flows and derive business insights
  • Knowledge of Fixed Income and Equities
  • Project Management & Business Analysis skills (highly desirable)

Keyword: consumer%20banking
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 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. In accordance with applicable law, we make reasonable accommodations for applicants™ and employees™ religious practices and beliefs, as well as any mental health or physical disability needs.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the œWELL Health-Safety Rating for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm™s current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm™s vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

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, discretionary incentive compensation which may be awarded in recognition of 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.

Equal Opportunity Employer/Disability/Veterans
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world™s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

Categories

Posted: 2022-08-30 Expires: 2022-12-23

For over 200 years, JPMorgan Chase & Co has provided innovative financial solutions for consumers, small businesses, corporations, governments and institutions around the world.

Today, we're a leading global financial services firm with operations servicing clients in more than 100 countries.

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Ops Risk/Cntrl Associate

JPMorgan Chase & Co.
Jersey City, NJ 07302

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