Control Management- Vice President
JPMorgan Chase & Co.
Bangalore Urban, Karnataka, India
JOB DESCRIPTION Control Management is a first line of defense function that ensures the businesses we support maintain a strong and consistent control environment. Within Asset Management, Control Managers are assigned to each business (i.e. Equities, GFICC, Global Liquidity, AMS, Alternatives etc.) , function (i.e. Client Service, Distribution etc.) and region (i.e. Americas, EMEA, Asia) , where comprehensive coverage and joint accountability with business executives promotes early operational risk identification and assessment, effective design and evaluation of controls and sustainable solutions to mitigate operational risk. The team focuses on four areas: Risk Identification & Assessment, Control Design & Evaluation, Issues & Control Deficiencies and Control Governance & Reporting. Job Responsibilities: You will create a proactive risk and control culture that leverages proven evaluation strategies and sound change management protocols You need to review and analyze program related data (e.g., KRI/KPI) to support business-related programs and strategies You need to provide leadership support for the end-to-end execution of the Risk & Control Self-Assessment, including control breaks and resolutions, to reduce financial loss, regulatory exposure, and reputational risk Engage with control colleagues across the firm, business, operations management, legal, compliance, risk, audit, regulators and technology control functions You will manage control-related activities, including risk event occurrences, and new business initiatives and provide control related due diligence to business units to foster a proactive risk and control culture that leverages proven evaluation strategies and sound change management protocols Partner effectively with colleagues across the firm, business, operations management, legal, compliance, risk, audit, regulators and technology control functions to drive consistent and rigorous operational risk practices and Control programs including: control committees, risk mitigation, key risk indicators, control design and performance evaluation You will help establish control governance and reporting to identify meaningful metrics to inform on health of operational risk and control environment; escalate control deficiencies based on key reporting indicators; and manage control committees and forums. Communicate effectively across all levels You will lead and partner with the business, legal, risk, compliance and other control partners on various issues ranging from self-identified issues to global regulatory enforcement actions Required Qualifications: Bachelor's degree or equivalent in Business Administration, Finance, Economics, Accounting or related field 10+ years of financial services experience in controls, audit, quality assurance, risk management, operations or compliance preferred Experience / interest in Asset Management with knowledge of private and public funds (e.g., 3(c)(7), Cayman, Mutual, SICAV, UCITS ) preferred. Knowledge of various asset classes / instrument types (Equities, Fixed Income, Exchange Traded Derivatives, Real Estate, Private Equity, etc.) preferred. Knowledge of the “Trade Life Cycle” ( execution, capture, affirmation, settlement, servicing, reporting ) preferred Knowledge of banking processes, regulations and associated risks a plus Demonstrate confident leadership and sound judgment to influence a strong culture and risk management 7+ years of financial service experience in controls, audit, quality assurance, risk management, or compliance preferred Proficient knowledge of control and risk management concepts with the ability to design, create, and evaluate a Risk & Control Self-Assessment in conjunction with business partners Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio) ABOUT US 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. ABOUT THE TEAM J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
