Control Manager - Associate
Join JPMorgan Chase as a Control Manager - Associate within the Treasury/Chief Investment Office! The Treasury/Chief Investment Office is responsible for managing the Firm's balance sheet including its interest rate, liquidity, and capital risks, and Funds Transfer Pricing framework; it monitors and oversees interconnectedness between the Firm and its legal entities. Objectives are managed through investment in high quality securities, cash holdings, and raising debt and equity in capital markets. With Control Managers appointed for each Line of Business, Function and Region, there is a comprehensive coverage and joint accountability model with the business executives that promotes early compliance and operational risk identification and assessment, effective design and testing of controls and sustainable solutions to mitigate compliance and operational risk.
As a Control Manager - Associate within the Treasury/Chief Investment Office, you will be responsible for supporting the business in maintaining a sustainable and disciplined end-to-end control environment, identifying and escalating issues, acting with a sense of urgency, and partnering with the Business to remediate operational risk issues in a timely manner. You would be in the 1st Line of Defense responsible for partnering with Business Executives and Process Owners to program manage key initiatives for TCIO Control Management, identify (and anticipate) operational and compliance in business processes and regularly monitor, evaluate and communicate control effectiveness and control.
Job responsibilities:
- Partner and execute on various strategic projects and initiatives for TCIO/ ASI such as NBIA/ PSCM/ NPA and Legal Obligations/ Compliance Risk Assessment.
- Support the execution of all aspects of the Control and Operational Risk Evaluation (CORE) program for T/CIO and ASI e.g., Process Owner Reviews and Quarterly CORS.
- Monitor, maintain an update relevant risks to business and assess adequacy of aligned controls to mitigate the impact / reduce operational risk impact
- Monitor and maintain the CORE Process, Risk and Control inventory, and related risk impact and control effectiveness ratings to provide an accurate reflection of the business' operational risk profile.
- Partner with TCOE (Testing Center of Excellence) to conduct and evaluate the effectiveness of control design and performance.
- Perform lessons learned analyses on internal and/or external risk events and assess potential weaknesses / identify opportunities for improvement.
- Execute against the requirements of various programs such as Estimations and Model Risk Management, User Tool, and Intelligent Solutions Control Frameworks
- Partner with key partners across 2nd Line of Defense (Compliance Conduct & Operational Risk) and 3rd Line of Defense teams (Internal Audit) teams. Act with a sense of urgency, while ensuring documentation has been vetted, complete and accurate prior to submission.
- Serve as a trusted subject matter expert to the Business on controls related topics and programs
- Partner with colleagues across LOBs and Corporate Functions (e.g., Compliance, Risk, Legal, HR, and Technology) to drive consistent and rigorous operational risk and control practices.
- Partner with regional business and other control partners in an effort to create consistency in the control environment and underlying processes globally
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Required qualifications, capabilities, and skills:
- Bachelor's degree required
- 4+ years of experience within the financial services industry in controls, audit, quality assurance, operational risk management, or compliance
Preferred qualifications, capabilities, and skills:
- Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint) preferred
- Subject matter expertise in portfolio management, treasury, and/or trading operations processes
- Understanding of banking regulations
ABOUT US
JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
ABOUT THE TEAM
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
Control Management maintains a strong and consistent control environment through a joint accountability model that aligns managers with each function and region to mitigate operational risk. The team focuses on four areas: Control Design & Expertise, Risks & Controls Identification/Assessment, Issues & Control Deficiencies and Control Governance & Reporting.
Perks and Benefits
Health and Wellness
Parental Benefits
Work Flexibility
Office Life and Perks
Vacation and Time Off
Financial and Retirement
Professional Development
Diversity and Inclusion