Compliance Manager - Commercial Banking Compliance - Testing
JP Morgan Chase & Co - Irvine, CA

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JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. The Compliance Department of JPMorgan Chase & Co is responsible for the provision of compliance services to the Corporation. Compliance is organized by Practice Groups that conform to the organization of the Firm's lines of business (LOBs) and corporate staff areas, allowing the compliance staff to work closely with specific groups on a daily basis. Each line of business has an LOB Chief Compliance Officer. This structure provides the means for the compliance teams to communicate regulatory changes to the businesses and staff areas, and for the LOBs and staff areas to communicate business developments that have regulatory implications to the compliance teams in a timely manner. The primary function of the Commercial Banking (CB) Compliance Testing group is to conduct tests of key risks and controls related to CB rules, laws and regulations in order to assess compliance with these requirements. The Compliance Testing Manager works in partnership with the line of business and the compliance testing team to help manage compliance risk for CB by managing the production of compliance tests and dynamically managing the timing and execution of the overall annual test plan. Responsibilities to include:
  • Manages a dedicated compliance testing team that conducts regulatory compliance testing and monitoring reviews by evaluating the line of business internal control environment. Leads and participates in compliance testing reviews of Commercial Banking in accordance with the established Global Compliance Monitoring and Testing Standards. This includes: the testing of regulatory controls; documenting results and significant findings; reaching conclusions and recommendations; driving change through effective management action plans; distributing compliance testing reports; and ensuring the completion of sound workpapers. Establish an annual test plan and ensures testing is completed in compliance with the corporate and Global Compliance Monitoring and Testing Standards. Testing Manager is responsible for scheduling, conducting, monitoring and strengthening the Compliance Test Program. Maintain Testing Database and ensure timely updates Maintain testing inventory linked to compliance risk assessments
Requirements: Demonstrates extensive regulatory compliance knowledge and possess compliance testing skills specific to Commercial Banking. Including proven ability to apply these requirements to business practices, systems and identify and assess compliance risk. Ability to conclude on risk based results relative to testing outcomes Bachelor degree or comparable work experience required Regulatory, Compliance or Auditing experience (8+ years) Strong leadership and relation management skills Sound decision making abilities about compliance risks and recommended corrective action Demonstrates excellent interpersonal, communication, negotiation, and resource management skills. Analytical and quantitative skills, including effective data analysis and investigative problem solving Ability to work well in a time-sensitive environment and handle a variety of matters or projects simultaneously Excellent writing skills Strong working knowledge of all Microsoft applications (Word, Excel, and PowerPoint). Familiarity with database languages in order to perform analytics and select transactional testing samples is a plus. JPMorgan Chase is an Equal Opportunity and Affirmative Action Employer, M/F/D/V

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