JPMorgan Chase CIB Risk - Americas Risk Governance – Associate in New York, New York
JPMorgan Chase 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, commercial banking, financial services for small business and consumers, financial transaction processing, asset management and private equity.
Americas Legal Entity Risk Governance team is a group within the CIB risk organization, established to support both the Regional Chief Risk Officers and Legal Entity Risk Managers (LERM). The team is primarily responsible for oversight of the Risk Management functions (cross Line of Business at times) in the Americas (Canada, Latin America and United States). The candidate will work across the Risk stripes in the Firmwide and in country based risk teams, as well as partner with groups including Oversight and Control, Compliance, Finance and Regulatory Risk. The Americas LE team partners with each area impacting a Legal Entity to ensure adherence to all applicable regulatory rules.
Support the Senior team members that run risk governance agendas and ensure adherence to legal entity governance frameworks (firmwide/cross LOB) for some of the firm’s legal entities including some Material Legal Entities. Continually learn and become a specialist with the various local regulatory bodies’ rules and how they impact a particular Legal Entity.
Provide support to the Regionals/MLE CROs and various Legal Entity Risk Managers
Provide support for risk governance meetings (including risk committees, forums and required materials for CROs for board meetings and Directors Risk Policy Committees (DRPC))
Participate and support senior team members leading projects which impact Legal Entity Risk in the AMERICAS
Learn the different underlying businesses affected by ongoing rulemakings.
Challenge data providers as necessary to understand changes and explanations.
As necessary, support the broader AMERICAS team in other areas including preparation of strategic plans, metrics, reporting, cross-business initiatives and process redesign.
In partnership with the Risk Control Office, prepare information for visits by local Regulators and assist in composing responses to requests for information.
Both coordination and implementation of solutions that meet and/or exceed both new and changes to regulatory requirements.
Build and understanding of risk profiles, LE reporting and learn to form and articulate a view. Will need to be able to quickly synthesize different risk presentations and communicate the different risk profiles in each Legal Entity
Work with the reporting team and subject matter experts to implement changes and upgrades to the periodic risk reports.
Make sure all regulatory deadlines and expectations are tracked, kept organized on team SharePoints and provide support to Senior team members are needed.
Continue to think of ways to enhance the firm’s adherence to changes in the regulatory landscape.
Experience in financial services or related field (previous experience in Risk Management, Compliance, Internal/External Audit or other control function desired).
Communication skills and ability to interface with all seniority levels within the firm.
Organization/Project management Skills
Broad based Risk knowledge; Derivatives, Product knowledge and TCP
Excel, Word & PowerPoint knowledge (Pitchpro)
Familiarity with exposure generated by derivatives & other traded products.
Self starter and able to take tasks from start to finish with minimal supervision.
Proactive mindset is a must; able to identify issues and find solutions. MUST BE ABLE TO WORK AUTOMNOSMSLY AND DRIVE SOLUTIONS.
Attention to detail and ability to look at processes in the firm holistically and make strategic recommendations for improvement.
Familiar with firm policy and procedure.
Minimum Bachelors Degree
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.