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 Dodd-Frank Act requires large, systemically important financial institutions such as JPMorgan Chase to submit Board-approved Recovery & Resolution Plans ("RRPs"; a.k.a. Living Wills) to US regulators annually and upon the occurrence of material changes to the Company. Recovery Plans need to demonstrate how the firm would recover if the firm were to experience significant decreases in capital and liquidity as a result of a severe, crisis event. Resolution Plans need to demonstrate how JPM would be resolved in an orderly way (i.e., without causing a major market disruption), if the company ever became bankrupt. These plans are a strategic priority for the firm as failure to produce comprehensive, credible plans could lead to more stringent capital, leverage or liquidity requirements, and ultimately, to possible firm-wide structural/organizational changes. Similar regulatory requirements exist in the UK with the Bank of England and FSA and are in the process of being developed in other European and Asian jurisdictions.
JPMorgan Chase is seeking an
to join the lead, firm-wide Resolution planning team in New York City. This "corporate core team" is led by the Executive for Recovery & Resolution Planning and is responsible for designing, managing, and executing all firm-wide RRPs.
Primary responsibilities for this role include:
As a member of the core team, this role is responsible for a variety of day-to-day activities in support of the development and ongoing maintenance of the Capabilities and Internal Self Assessment portfolios. These two portfolios are made up of various programs related to the global Resolution Planning process. Specific duties would include the following:
Oversight of multiple portfolios; responsible for ensuring programs have detailed project plans, stay on schedule and meet Fed requirements.
Communicate clear vision of the portfolio objectives and motivate the project team to achieve them; create an environment that enables peak performance by team members.
Establishment or refinement of portfolio governance policies
Develop cohesive portfolio and project communication management practice
Develop optimized resource planning including “what if” scenarios
Ensure PPM adoption and change management
Responsible for portfolio performance management reporting.
Responsible for the development of dashboards, management reporting and portfolio metrics.
Provide direction to project teams in order to meet program/project objectives.
Facilitate workshops and mentor others in portfolio and project management practices
Analyze risks, establish contingency plans and identify trigger events and responsibility for initiating mitigating action.
Oversee project documentation and updates to relevant knowledge bases and central repositories.
Interface with teams to ensure implementation of standards, processes and support services.
Proactively identify changes in work scope and ensure appropriate planning measures are taken with project teams.
Oversee reporting activities and assist with management presentations.
Keeping up-to-date on regulatory developments in the worldwide RRP space
Minimum 10 years experience in using formal portfolio and project management methodology, techniques and tools.
Experience managing portfolio’s upwards of 20 program/projects or more.
Knowledge of and competency in project management process, including planning tasks, allocating resources, risk management, issues management, change management, working in teams, monitoring and reporting, documentation and record keeping.
Experience and/or familiarity with development of Resolution Plan or another similar regulatory initiative.
Strong presentation and written communication skills
Ability to build strong relationships with resources from different lines of business throughout the firm.
Experience implementing organization change management
Strong quantitative and qualitative analytical skills
Effective oral and written communications skills
Bachelors' degree required
PMP Certification required
JPMorgan Chase is an Affirmative Action and Equal Opportunity Employer. M/F/D/V
US-NY-New York-270 Park Avenue / 02317
JPMorgan Chase & Co.
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