JPMorgan Chase Wealth Management - Risk Supervisory Manager, Global Investment Opportunities - VP - NY in New York, New York

J.P. Morgan Private Bank has been helping the world’s wealthiest individuals, families, foundations, and endowments grow, manage, and sustain their wealth through personalized, comprehensive financial solutions for more than 160 years. J.P. Morgan is a global leader in asset and wealth management with assets under supervision of $2.1 trillion and assets under management of $1.4 trillion. With Private Bank advisors in 110 offices in 25 states and 20 countries, the Private Bank provides clients with a global perspective delivered through a local, dedicated team of specialists focused on fundamental wealth management disciplines, including investment management, wealth planning, philanthropy, credit and banking.

The Private Bank is currently seeking a VP level Supervisory Manager. The position will be based in our New York, NY location and will provide Supervisory Management coverage for our Private Bank, Global Investment Opportunities Team (GIO). The GIO Team is part of the Private Bank’s Institutional Wealth Management Region and services clients through the U.S., Latin America and Europe. This role will partner closely with another Supervisory Manager as well as Business Management, Compliance, Risk Legal and Operations. Supervisory responsibilities will include (but are not limited to):

  • Daily review of all brokerage trading activity via trade blotter and exception reports

  • Monthly Review of Active Accounts and Senior Review of pre-selected accounts

  • Resolve order errors, and assist with error processing and reporting

  • Lead the review and response for client inquiries, issues, and complaints

  • Partner with Business Management, Legal, Compliance, Risk, Product & Platform, Middle Office, etc., on GIO-specific business initiatives and projects.

  • Approve new accounts and account updates

  • Approve suitability of accounts to participate in Exchange Traded Options, Structured Products, and Dodd Frank Derivatives

  • Review and enforce compliance with applicable Country Specific and General Cross-Border rules and regulations

  • Approve suitability of accounts to participate in Private Equity and Hedge Funds

  • Approve accounts to transact for certain Foreign and local securities, New Issues and Rule 144

  • Resolve questions or issues that may occur during the course of a business day

  • Review and approve cancel/corrects

  • Update account information and follow-up on issues

  • Review and work on compliance of Marketing Materials

  • Answer surveillance related inquiries from Compliance

  • Lead the preparation for all regulatory and internal audits

  • Approve employee personal trading requests

  • Review and approve gift requests

  • Review and approve outside business requests

  • Review and update team email lists for the surveillance as needed

  • Review and assist with registration updates and employee pre-hires

  • Train employees on policy, procedure or specific topics as needed

  • Review incoming and outgoing correspondence (print, fax)

  • Review designated emails

Qualifications and Skills:

  • Must be able to provide clear, concise, and timely resolution to issues as they arise

  • Strong interpersonal communication and listening skills are required

  • Candidate must be comfortable speaking in front of groups and on a "one-on-one" basis

  • Strong understanding of regulatory requirements and best practices for Brokerage and Private Bank environment

  • Strong organization and follow up skills. Ability to work well on an integrated team

  • Comfortable making decisions independently and dealing with conflict in high stress situations

  • Ability to effectively communicate with all levels of personnel within the Private Bank

  • Able to provide supervisory coverage across regional teams as needed

  • BA/BS required

  • 5+ years of experience as a Supervisory or Compliance professional with a focus on supervisory responsibilities

  • Series 4, 7, Series 63, Series 8 (9&10), 24

  • Will consider candidate without 4 , 24, but candidate will be required to pass them within 4 months of start date

JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.