5 days old

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

Commercial Banking - Finance & Business Management - Control Manager - VP

Job Description

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 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. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

Commercial Banking (CB) 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.
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
The CB Finance & Business Management (F&BM) Control Management team is responsible for the oversight, governance and development of the control environment including, but not limited to: developing and administering the Control and Operational Risk Evaluation (CORE) framework, issue and action plan management, audit prep and management, control metrics and reporting, business resiliency, and user tool and model identification and controls. 
The Control Manager – Vice President will be a part of an independent team within F&BM with the responsibility to assist in implementing an effective control framework across the organization. 
This role will serve as the focal point for control management associated with, but not limited to, the following functions performed within CB F&BM:  External Financial Reporting, Internal Management Reporting, Controller Function, Business Management, Client Data Management and Business Support Management.
Role Responsibilities:
  • Build and maintain knowledge of F&BM functional areas, operational changes, policies and procedures, Commercial Banking-applicable regulations/laws, and operational risk practices in areas including, but not limited to: General Ledger Integrity, Legal Entity Management, Client Data Management, Business Management, Internal Management Reporting and External Financial Reporting
  • Provide leadership support for the end-to-end execution of the CORE framework for areas of coverage, including control breaks and resolution, to reduce financial loss, regulatory exposure, and reputational risk
  • Create a proactive risk and control culture that uses proven evaluation strategies and sound change management protocols
  • Review and analyze program-related data (e.g., KRI/KPI) to support business/control-related programs and strategies.  Develop control reporting and metrics packages for senior leadership, as needed
  • Engage with control colleagues across the firm, business, operations management, legal, compliance, risk, audit, regulators and technology control functions
  • Lead the identification and documentation of risks and controls by conducting in end-to-end process walkthroughs and deep dives with covered F&BM functions
  • In coordination with business, drive issue identification, action plan development and document issue closure/sustainability
  • Provide assistance in the preparation and management of audits for F&BM functions
  • Ensure that F&BM remains in alignment with Firm-wide O&C and Commercial Banking CORE Standards/Procedures
  • As a team lead, manage and motivate team members in execution of CORE framework and controls support to F&BM.  Provide ongoing feedback and training and develop team members
  • Participate in special projects, as assigned
Qualifications (Required):
  • Bachelor’s degree, with concentration in business (finance/accounting or related field) preferred
  • 7+ years of experience in financial services industry with background in controls, audit, quality assurance, operational risk management, or compliance preferred; or equivalent subject matter expertise in a relevant business related function/operation
  • Proficient knowledge of control and risk management concepts with the ability to design, create and evaluate the operational risk and control environment in conjunction with business partners
  • Strong work ethic and highest integrity
  • Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio) required and data analysis experience preferred
  • Business knowledge - ability to learn and understand the business and regulation surrounding CB F&BM areas
  • 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 deficiencies
    • Developing timely and sustainable solutions
    • Analyze metrics for emerging risk
  • Implementation skills
    • Writing Action Plans, Procedures
    • Change Management
  • Ability to make subjective and informed decisions based upon output, influence stakeholders and justify decision making
Req #: 200006825_1
Location: Plano, TX US
Job Category: Accounting/Finance/Audit/Risk
Employment Type: Full Time
Potential Referral Amount: 5000 US Dollar (USD)

Keyword: consumer%20banking


Posted: 2020-03-23 Expires: 2020-04-22

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JPMorgan Chase & Co.
Plano, TX 75074

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