CCOR - CIB - Operational Risk Management - Senior Associate / VP at JPMorgan Chase Bank, N.A.

Posted in General Business 8 days ago.

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Type: Full-Time
Location: New York, New York

Job Description:

CIB - Operational Risk Management - Senior Associate / VP - New York

About J.P. Morgan's Corporate & Investment Bank

J.P. Morgan's Corporate & Investment Bank is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With nearly $20 trillion of assets under custody, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

The Corporate & Investment Bank (CIB) Operational Risk Management (ORM) team is responsible for independently assessing, reviewing and overseeing the management of Operational Risk by the first line of defense.

About Compliance, Conduct and Operational Risk

Operational Risk Management is part of Compliance, Conduct and Operational Risk (CCOR), within the Risk Management and Compliance organization. CCOR maintains oversight of the firm's compliance, conduct and operational risk management activities and are responsible for the design and execution of the CCOR program, which consists of the second line of defense's responsibilities in managing the firm's compliance, conduct, and operational risk.

Our organization is focused on cultivating a stronger, unified culture that embraces a sense of personal accountability for developing the highest corporate standards in governance and controls across the firm. Business priorities are built around the need to strengthen and guard the firm from the many risks we face, financial rigor, risk discipline, fostering a transparent culture and doing the right thing in every situation. We are equally focused on nurturing talent, respecting the diverse experiences that our team of professionals brings and embracing an inclusive environment.


The successful candidate will join a team of risk professionals from a diverse range of backgrounds and experience who collectively ensure that the Firm's Operational Risk Management Framework is implemented and functions effectively within CIB Markets.

  • Building out the Equities Operational Risk Management Framework ("ORMF") across all voice and electronically traded channels covering Equity Cash and Derivative Products.

  • Review and assess the Operational Risk of new models within the E-Trading environment

  • Identify. Reviewing the risks identified by the first line of defense and escalating any new or emerging risks or issues.

  • Measure. Independently assesses operational risks and control environments through quantitative and qualitative means.

  • Monitor and Test. Independently monitor the risks and test the effectiveness of controls

  • Manage. Identifying issues for the first line of defense to remediate through action plans and reviewing KRI and KPI thresholds, as required.

  • Report. Reporting on results including changes in risk assessments and results of monitoring and testing.

  • Liaising with key stakeholders across Markets including first, second and third line of defence.

  • Stay abreast of industry news and regulatory developments to facilitate proactive risk identification and mitigation.

Preferred qualifications

  • Experience with risk management, Markets products, electronic trading, operations, controls management, or technology required

  • Minimum Bachelor's Degree with 5-10 years of Markets related experience; asset class experience related to Equities an advantage

  • Strong influencing skills and ability to drive change and deliver results

  • Strategic thinker with strong analytical and project management skills with successful track record of completion

  • Ability to multi-task, prioritize and thrive in a fast-paced and evolving environment

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.

Equal Opportunity Employer/Disability/Veterans