J.P. Morgan is a leading global financial services firm with assets of $2.1 trillion and operations in more than 60 countries. The firm is a leader in
, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. Information about J.P. Morgan is available at
The Treasury Services business supports Corporate, Financial Institution and the Public Sector clients offering a full line of both payment and collection solutions to maximum the cash management effectiveness and efficiency. Each of these services has inherent risks that require controls to ensure they are within the business’s risk appetite and balanced to the rewards.
This Risk Manager position is critical to identifying, assessing and proactively managing the inherent credit, market, fiduciary, reputational, regulatory and operational risks of those services.
Primary responsibilities include:
Effective partnering with business and functional colleagues to guide consistent and rigorous JPMorgan risk management framework and practices, including developing and maintaining risk policies, new business initiative approval process, risk event analysis and risk management reporting
§ Thought leadership and risk advisory to enable the business to develop an appropriate balance between risk and reward
§ Independent identification, assessment and mitigation of risk issues, including credit, operational, market and fiduciary risks
§ Development of standard product policies and guidance on deal structuring, in particular on exceptions to standards
Escalation point and leadership in prioritization for risk issues including the identification of control gaps and their satisfactory remediation ensuring that each is appropriately assessed for severity and managed to completion
Sponsorship for aspects of key projects related to risk issues and for target deep dives on risk issues
§ Effective partnering with other regional Core Cash Management risk managers and functional partners (Legal, Compliance, Controllers, Audit, IRM) to ensure consistent and efficient risk management framework and approach
Independent assessment of the completeness and quality of Control Self Assessments (CSAs) and global New Business Initiatives (NBIs)
Proactively develop and provide risk management training on Core Cash products and general activities
Knowledge and experience in Risk Management and/or Cash Management Products and Services highly desirable
Initiative and experience in driving strategic adgenda and proactively identifying issues
Ability to form strategic views and frame recommendations based on risk assessment
Excellent decision making skills and judgment
Excellent influencing and communication skills, both written and verbal
Ability to successfully lead/execute collaborative efforts with partners from diverse backgrounds, skill sets and priorities
Ability to deal with multiple tasks and requests in a fast paced and evolving environment, and to prioritize conflicting and multiple requests
People management and development experience a plus
JPMorgan Chase & Co
. offers an exceptional benefits program and a highly competitive compensation package.
JPMorgan Chase & Co
. is an Equal Opportunity and Affirmative Action Employer, M/F/D/V
US-NY-New York-1 CMP / 03425
Treasury & Securities Services
JPMorgan Chase & Co.
JPMorgan Chase - 5 months ago
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