10 days old

Asset & Wealth Management – Risk and Control, Control Officer, Associate

JPMorgan Chase & Co.
Plano, TX 75074
  • Job Code

Asset & Wealth Management – Risk and Control, Control Officer, Associate

Req #: 190108587
Location: Plano, TX, US
Job Category: Operations
Potential Referral Amount: US Dollar (USD)

About JP Morgan Asset & Wealth Management


JPMorgan Chase & Co. is a leading global financial services firm with assets of more than $2.7 trillion, over 240,000 employees and operations in over 60 countries. It operates across four business segments including Asset & Wealth Management, Corporate and Investment Banking, Commercial Banking and Consumer and Community Banking.

J.P. Morgan Asset & Wealth Management, is a global leader in investment and wealth management. Its clients include institutions, high-net-worth individuals and retail investors in every major market throughout the world. The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds. For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits.

Our Team

The AWM Operations Risk and Control team’s mission is to enable the proactive identification and timely remediation of risk by providing a framework, infrastructure and support system holistically encompassing the breadth and depth of risk across Asset & Wealth Management Operations.  We are responsible for the overall risk and control framework for AWM Operations that incudes governance, regulatory response, risk mitigation, risk transformation and business intelligence.


Our Business Control Officers have deep subject matter expertise, are embedded with the broader Operations teams and work hub and spoke with Operations and other pillars of our risk and control team to help carry out the consistency of the framework while driving the continued evolution of a more advanced risk and control approach.  We also partner with Operations, Technology and Business leadership to take the best of what we do, within and across LOBs, and drive deliberate cross-pollination, lessons learned, and drive control initiatives all to help drive risk reduction.  We serve the broader organization in a collaborative fashion, with a mindset to “serve and protect” and ensure a “design for control” oriented approach in all that we do. 


This role will support the Asset & Wealth Management Operations Risk and Control mission in maintaining a strong and consistent control environment by providing comprehensive coverage of the control environment that promotes early operational risk identification and assessment, effective design and evaluation of controls and sustainable solutions to mitigate operation risk.  A Control Manager’s main focus is control design and testing expertise, risk and control identification and assessment management, control break and resolution management, control governance and reporting and leading our regulatory response efforts.

Responsibilities include:
  • Work with Risk Management business colleagues to assist in ensuring the Risks & Controls throughout the department are known and to assist in the identification and/or development of controls to mitigate gaps
  • Participate in helping the various pillars to drive regulatory response, risk mitigation, risk transformation and risk intelligence efforts
  • Review adherence to policies, standards and procedures and also ensure that they follow the spirit of original governing entity’s obligation, and any changes to the governing entity’s expectations over time
  • Perform walkthroughs and assist critical lines of business with process mapping and risk identification, designing the controls framework and testing the controls
  • Provide control-related subject matter expertise for relevant projects driven inside and outside of the Control Management organization
  • Ensure operational practices are in compliance with relevant risk standards, policies and regulations to maintain an effective control environment
  • Ongoing monitoring and assessment of operational risk and control environment
  • Conduct independent testing
  • Assist in issue management workflow end-to-end, including root cause analysis
  • Compare policies, standards, procedures and controls across products for consistency and closure of any gaps
  • Identify and challenge meaningful metrics to inform on the health of the operational risk and control environment
  • Provide input to various control committees and forums
  • Liaise with upstream and downstream partners to review the control evidences for RCSA and SOX
  • Drive and manage projects and initiatives on risk & controls (e.g. awareness programs, risk expos, trainings, etc.)
  • Maintain strong engagement across multiple stakeholders  and collaborate with local, regional & global stakeholders and stay abreast on risk and control agendas
  • Participate and/or execute on risk and control based training initiatives

  • Bachelor's degree in Finance, Accounting, Engineering, Supply Chain or Business related discipline
  • 3-5 years of relevant work experience in Risk & Controls, Internal Controls Design & Review, or Risk Consulting strongly preferred
  • Some experience with Risk and Control Self Assessments, certification like processes
  • Highly motivated, energetic self-starter who takes ownership and can drive change through innovation
  • Able to work effectively under pressure and in a dynamic and rapidly changing environment
  • Analytic and investigative mindset, dedicated to continuously improving processes
  • Extremely organized and attentive to detail
  • Excellent oral, interpersonal, communication skills; team oriented
  • Able to work across groups (Audit, Risk, Compliance and allied business groups)
  • The ability to think strategically and partner with diverse teams to drive efficiency and process enhancements
  • A good understanding of controls and how to apply them to different processes and businesses
  • Project Management Skills - well-organized, structured approach
  • Highly proficient in Microsoft Office suite of products (Excel, SharePoint and PowerPoint)

Keyword: consumer%20banking


Posted: 2019-11-27 Expires: 2019-12-27

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Asset & Wealth Management – Risk and Control, Control Officer, Associate

JPMorgan Chase & Co.
Plano, TX 75074

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