Compliance Risk Management Lead - Vice President

Posted 7 Days Ago
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Jersey City, NJ
Hybrid
5-7 Years Experience
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
As a Compliance Risk Management Lead at JPMorgan Chase, you will provide compliance risk coverage support for various areas and execute core practices in Governance, Regulatory Management, Policies, Training, Monitoring, Issue Management, and Fair Lending Risk Assessment Reporting. You will play a critical role in fair lending compliance, assisting LOBs with Fair Lending Risk Assessment, reviewing credit policies, providing fair lending direction, preparing monitoring plans, developing presentations, identifying concerns, and proposing solutions.
Summary Generated by Built In

Job Description
Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
As a Compliance Risk Management Lead, you are at the center of keeping JPMorgan Chase strong and resilient. You help us grow our business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. We are all about thinking outside the box, challenging the status quo and striving to be best-in-class.
In this role, you may provide compliance risk coverage support for several areas, in addition to executing the following Core Practices: Governance and Oversight, Regulatory Management, Policies and Procedures, Training and Awareness, Monitoring and Testing, Issue Management including customer complaints and corrections, and Fair Lending Risk Assessment Reporting.
The Office of Fair Lending (OFL) plays a critical role in the successful execution of the firm's fair lending compliance mission as a second line of defense. To accomplish this, the OFL Compliance group has a very robust fair lending governance, monitoring and reporting function. You will report to an OFL Executive Director who is responsible for development, implementation, and oversight of JPMC's Fair Lending program across several lines of business (LOB). We are seeking a Compliance, Conduct and Operational Risk (CCOR) Vice President who can effectively partner with Chase Lines of Business CCOR Compliance and other control functions in those lines of business. The position requires knowledge and experience with underwriting, pricing, and servicing, as well as familiarity with fair lending regulatory and/or audit best practices.
Job Responsibilities:

  • Assist LOBs with completion, and review for creditable challenges to the annual Fair Lending Risk Assessment
  • Review of written credit policies, credit operating procedures, product guides, pricing matrices, marketing materials, and/or other credit product related materials for compliance with current fair lending regulations such as the Equal Credit Opportunity Act (ECOA) or the Fair Housing Act (FHAct)
  • Provide fair lending direction to LOB daily through management meetings, escalated questions, new or changing product development
  • Prepare and execute annual monitoring plans or assisting the fair lending data analysis team with LOB specifics
  • Develop management, stakeholder, or regulator presentations in order to communicate issues, recommendations, and status of initiatives
  • Identify potential concerns and control issues, determine the root cause of issues, and ensure stakeholders develop and implement appropriate corrective actions
  • Challenge the status quo by providing critical and analytical thinking and strong decision-making capabilities to identify problems, propose creative solutions, and escalate as necessary


Required qualifications, capabilities and skills

  • Experience in Fair Lending or other Regulatory Compliance, audit and/or Risk Management
  • 5+ years exposure to credit underwriting and fair lending management processes
  • Demonstrate the ability to develop relationships and partner with key stakeholders on projects
  • Possess strong written and oral executive-level communications skills
  • Detail-oriented; possess a high-level of attention to detail and quality for their work product
  • Ability to work both independently and as a core team member


Preferred qualifications, capabilities and skills

  • CORE experience a plus with an understanding of process risk and controls


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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
About the Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
Our Compliance teams work globally across all lines of business to advise internal stakeholders on the impact of regulatory requirements and how to balance these with the firm's needs. Their diverse mandate means they also provide input on new business strategies, product lines, policies, training, operational processes, risk mitigation and control.

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The Company
HQ: New York, NY
289,097 Employees
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Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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