Risk Management & Compliance Governance Lead Vice President

Posted 2 Days Ago
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Columbus, OH, USA
Hybrid
Senior level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Leads credit risk governance for Wealth Management by developing policies, controls, procedures, metrics, and risk frameworks. Oversees documentation, regulatory and risk change initiatives, cross-functional coordination, audits, examinations, and communications with senior management. Partners with Risk, Credit, Compliance, Legal, Operations, and Front Office teams to support business growth while maintaining effective controls and regulatory compliance.
Summary Generated by Built In
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 Vice President in the Credit Risk Governance team, you will collaborate with global Wealth Management functions, including Risk, Lending Solutions, Operations, Legal, and Compliance. Your role will involve working with the Wealth Management Risk function to develop and maintain policies, standards, guidelines, and procedures, including regulatory compliance measures. You will work closely with the Front Office to assess business needs and develop risk controls to achieve revenue targets and business growth. Your responsibilities will also include maintaining a full inventory of documents and ensuring they are clear, concise, and user-friendly. You will assist in developing and implementing the business risk management framework, including risk governance and controls, organization structure, policies and procedures, and risk measures and metrics. You will also be responsible for delivering large-scale risk and regulatory change and technical initiatives. Communication of changes, detailing requirements, and strategic risk management objectives to large working groups, including senior management, will be a key part of your role. You will also work with internal groups such as Credit, Investment, and Fiduciary Risk areas, as well as Compliance, Legal, and Operations on matters related to risk controls, model-assessments, incidents, and infrastructure projects. Lastly, you will provide support and guidance for audits and regulatory examinations.

Job Responsibilities

  • Work with  Wealth Management Risk function to develop and maintain policies, standards, guidelines, and procedures, including regulatory compliance measures and risk advisory within the Risk Management Program.
  • Work closely with the Front Office to assess business needs and further develop risk controls to efficiently achieve revenue target and new business growth. 
  • Play a key role in the hierarchy and design of documentation by maintaining full inventory of documents.
  • Review documentation to ensure it is clear, concise, and user-friendly. Perform ongoing updates to existing documentation to ensure they remain accurate and relevant.
  • Assist in developing, design, implementation, and support of line of business risk management framework, including but not limited to: Risk governance and controls, organization structure, policies and procedures, three lines of defense, risk measures and metrics (risk appetite and limits, monitoring and escalation).
  • Deliver large-scale risk and regulatory change and technical initiatives.
  • Communicate changes including detailing requirements and strategic risk management objectives/updates to large working groups, including senior management.
  • Work alongside internal groups such as Credit, Investment, and Fiduciary Risk areas as well as Compliance, Legal, and Operations on matters related to risk controls, model-assessments, incidents, and infrastructure projects.
  • Provide support and guidance for audits and regulatory examinations.

Required qualifications, capabilities, and skills

  • Bachelor's Degree or commensurate related job experience 
  • 5+ years of experience in Auditing, Accounting, Internal Control and/or Credit Analysis with focus on Wholesale Credit Risk
  • Strong business writing skills
  • Experience in Wholesale Audit, Compliance, Operational, and/or Regulatory Risk Management
  • Demonstrated ability to collaborate cross-functions to achieve measurable results
  • Strong organizational skills
  • Ability to manage and prioritize multiple requests at the same time
  • Detail oriented with strong analytical skills
  • Proficiency in Microsoft Word, Excel, and PowerPoint

Preferred qualifications, capabilities, and skills

  • Project and/or Change Management experience preferred
About Us
JPMorganChase, 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, paid in the form of cash and/or forfeitable equity, 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 & Co. is an Equal Opportunity Employer, including Disability/Veterans

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.​

Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.

Skills Required

  • Bachelor's degree or commensurate related job experience
  • 5+ years of experience in auditing, accounting, internal control, and/or credit analysis focused on wholesale credit risk
  • Strong business writing skills
  • Experience in wholesale audit, compliance, operational, and/or regulatory risk management
  • Ability to collaborate cross-functionally to achieve measurable results
  • Strong organizational skills
  • Ability to manage and prioritize multiple requests simultaneously
  • Detail-oriented with strong analytical skills
  • Proficiency in Microsoft Word, Excel, and PowerPoint
  • Project and/or change management experience

JPMorganChase Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.

  • Healthcare Strength — Medical, dental, vision, and mental-health coverage are broad, with wellness incentives, on-site or virtual care, and an EAP offering coaching and counseling. Plan materials emphasize accessible options, including multiple medical choices and tools to manage costs.
  • Parental & Family Support — Paid parental leave extends up to 16 weeks for all parents, supplemented by paid Critical Caregiver Leave. Family resources include backup childcare via Bright Horizons, lactation support and milk-shipping, family-building assistance, and even a free five-month SNOO rental for newborns.
  • Retirement Support — Retirement programs include a 401(k) with an annual company match and automatic pay credits for most employees, with a legacy pension available to earlier hires. An Employee Stock Purchase Plan at a 5% discount further supports long-term savings.

JPMorganChase Insights

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The Company
HQ: New York, NY
289,097 Employees
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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