Risk Management - Investment Risk & Analytics - Trust and Estates Fiduciary Risk Executive Director

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New York, NY
Hybrid
Expert/Leader
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
The Risk Management - Investment Risk & Analytics Executive Director oversees the Trust and Estates risk framework, ensuring fiduciary and investment risks are identified and mitigated. Responsibilities include enhancing governance processes, identifying risk issues, representing risk in committees, and mentoring a global team. This role requires extensive experience in financial risk management and knowledge of relevant regulations and best practices.
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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 Risk Management - Investment Risk & Analytics - Trust and Estates Fiduciary Risk Executive Director within the IR&A's Client Risk team, you will be responsible for the risk oversight of the Trust and Estates (T&E) business. You will work closely with other Risk Management colleagues, the Business, and key control functions to provide valuable assessment and feedback regarding T& E activities and emergent risks. Your role will be crucial in ensuring that the business understands its investment and fiduciary risks and has robust standards, controls, and practices in place to mitigate these risks. This role provides an opportunity to proactively oversee the business team and partner closely with the IR&A team and Trust & Estates management.
Job Responsibilities

  • Own the Trust and Estate Risk framework for Global Wealth Management business in accordance with local regulations, ensuring that Trust and Estates risk including Fiduciary and Investment risks can be properly identified, measured, and overseen on an ongoing basis.
  • Enhance and execute the risk governance processes including standards and procedures, escalation, and resolution as well as maintain related control documents including frameworks, guidelines and procedures related to Trust and Estates Fiduciary and Investment Risk oversight.
  • Identify risk issues in the business and perform reviews into such areas to identify gaps and recommend risk mitigation strategies.
  • Engage in regular dialogue with the business; provide informed review to various business teams to resolve outstanding Risk issues including program managers and investments business.
  • Represent Risk in committees/forums and review key risk issues, as appropriate and evaluate and provide feedback on committee materials and metrics ahead of meetings.
  • Organize preparatory sessions with the Committee Lead to review agenda items and participate in Business and Risk Committees to provide support, guidance and risk review.
  • Represent Risk Management in regulatory exams and internal audits impacting the Global T&E Business.
  • Act as the Legal Entity Risk Manager for Delaware and the Bahamas Trust entities.
  • Work with technology to evaluate and ensure consistency in Risk metrics and assist in the development forward looking tools including LLM powered dashboard to enhance risk oversight.
  • Mentor and manage global team.


Required qualifications, skills and capabilities

  • Education in finance, business or economics is required
  • Minimum 10 Years of financial risk management, in Asset Management or similar, Wealth Management or Private Bank, with 5 plus years' work experience in Trust & Estates gained within Risk Management, Compliance, Legal, Audit, or related Consulting;
  • Have substantial expertise with Trust & Estates law, fiduciary investments, products, control systems, governance, regulations, and best practices
  • Familiarity with OCC, SEC, and FINRA financial regulations, especially investment management regulations.
  • Ability to persuade business partners while working constructively to achieve a common goal.
  • Proficiency in communicating with senior management, including sensitive situations.
  • Control mentality - naturally skeptical, with an ability to anticipate unforeseen consequences.
  • Self-starter with ability to initiate, plan, execute and manage projects.
  • Use your knowledge to find answers to pressing problems and create workable solutions.


Preferred qualifications, skills and capabilities

  • Education in finance, business or economics is required; advanced degree desirable.


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.

Top Skills

Financial Regulations
Governance Procedures
Llm Powered Dashboard Tools
Risk Management Frameworks

What the Team is Saying

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Nick S.
Executive Director, Software Engineering
“My favorite thing about JPMorgan Chase is the vast number of problems we solve, and the diversity it takes to do that. Moving money, enabling payments and producing a world class customer experience are just a fraction of what we work on. Because the office is so casual and open, I get to participate in discussions on all of this. “
Nick S.
Lupe C.
Edwin T.
Dawn T.
Meng M.
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The Company
HQ: New York, NY
289,097 Employees
Hybrid Workplace
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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