Risk & Control Officer – Global Financial Crimes Compliance
This role resides within the firm-wide Oversight & Controls team, fully dedicated to Global Financial Crimes Compliance. This position supports the efforts to ensure effective & consistent implementation of Risk & Control Self Assessment (RCSA) for risks that span cross multiple functional areas in compliance, such as investigations, transaction monitoring, sanctions, and anti-bribery & corruption. In addition this individual will assist in the development, implementation and delivery of firm-wide Risk & Control Self Assessment training program for GFCC. The role with interface with senior business and process owners, and be tasked with GFCC issue management and resolution. This will include heavy analysis of outstanding audit, regulatory, compliance identified, and business identified issues and develop processes to monitor action plan in accordance with existing timelines, and escalate issues that are not progressing as expected. A heavy emphasis on being able to take a massive amount of information and develop broad categories of themes, and distill information for executive management is required to be successful in this role.
Specifically, this position partners with functional managers, compliance directors, program managers, Control team members, and other functional support groups (IT and IT Risk, LOB Risk Partners, Compliance, Finance, and Audit) across the firm to support the development and implementation of a consistent approach for Risk & Control Self Assessment (RCSA). The over arching objective being to insure operational risks are appropriately identified, escalated, and mitigated.
Engage in enterprise wide projects / programs for the purpose of ensuring that the implementation phase includes the enhancement of the Risk & Control Self Assessment for business units impacted by related policy, process or system changes.
This will include heavy analysis of outstanding audit, regulatory, compliance identified, and business identified issues and develop processes to monitor action plan in accordance with existing timelines, and escalate issues that are not progressing as expected.
Lead process mapping and risk and control identification sessions held within the business to support development, and periodic confirmation of the adequacy of scope and content of horizontal Risk and Control Self-Assessments (RCSAs). VISIO skills are a must-have.
Lead operational risk workshops to proactively identify and assess risks.
Assist in the review and enhancement of the current framework that is leveraged to design and implement consistent Risk & Control Self Assessments cross business units.
Assist in the design, development, implementation and facilitation of an effective firm-wide Risk & Control Self Assessment training program
Partner with colleagues across the firm to help drive a culture of risk awareness and proactive risk identification and assessment of horizontal risks within the business.
Develop positive working relationships with Controls Team members and other business partners to maintain an open environment for collaboration, risk identification, and remediation.
Maintain awareness of significant changes impacting the business, both internally and externally, and ensure appropriate actions to mitigate risk and modify/expand control the RCSA and other control activities.
Participate in various Corporate Operational Risk and LOB meetings related to operational risk and control matters.
Lead, or participate in, other operating risk and control projects or initiatives as assigned.
Bachelors degree required
Advanced degree or professional certification preferred
8+ years of experience in risk and control identification, analysis, assessment, and ranking
Strong knowledge of risk management and internal control principles required
Strong Visio process mapping skills required
Ability to work in a matrixed environment, provide oversight and directly influence change.
Knowledge of Financial Services and their operational processes desired
Ability to collaborate with business and functional experts to provide risk assessment guidance and direction, and to recognize risks, control gaps and design enhancements
Strong organizational, project management, and multi-tasking skills with demonstrated ability to manage expectations and deliver results
Strong decision making, analytical and creative thinking skills
High level of professionalism, self-motivation, and sense of urgency
Strong team player
Self Starter and ability to work independently
Proven ability to build strong partnerships with key stakeholders
Excellent communication skills (written and verbal) required
Proficiency in Microsoft Excel, Visio, MS Project and PowerPoint required
Anti-Money Laundering subject matter knowledge is helpful
JP Morgan is an equal opportunity and affirmative action employer
US-NY-New York-1 CMP / 03425
Office of the General Counsel
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