Recovery & Resolution Planning - Executive Director
Be part of a forward-thinking team that values innovation, collaboration, and excellence.
Job Summary
The Recovery & Resolution Planning (RRP) team sits within the Corporate Treasury & Chief Investment Office (CTC) as part of the Treasury function. The RRP team is a firmwide function responsible for maintaining the Firm's Global and International Recovery and Resolution plans for the company and its material legal entities. These plans are required by the Firm's US and international regulators, and demonstrate how the we would operate when faced with material financial distress or failure of the company or material legal entities.
As an Executive Director within the RRP team, you will play an important role in developing the resolution plans for our bank holding company and our insured depository institution subsidiary. You will also act as the primary authority on US recovery & resolution (R&R) planning rule requirements and supervisory expectations, which will include offering strategic guidance, interpreting rules, and supporting the firm's advocacy efforts in relation to R&R planning. You will also lead a team tasked with maintaining the firm's R&R capabilities and contingent actions inventories and the associated testing and assurance frameworks, and the execution of central testing and assurance activities managed by the RRP team.
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Job Responsibilities
- Maintain a deep level of expertise on rule requirements and supervisory expectations for US R&R planning
- Own the strategic direction for/lead the development of the resolution plans for our bank holding company and our insured depository institution subsidiary
- Work with the RRP team, corporate functions and Lines of Business (LoBs) to help drive delivery of the resolution plans for our bank holding company and our insured depository institution subsidiary in line with supervisory expectations
- Manage the ownership of key resolution planning documents such as the executive summary and public document within our bank holding company's resolution plan
- Represent the Firm's advocacy position R&R [and TLAC] related matters with policy makers and trade associations
- Manager the maintenance of the Firm's recovery and resolution capabilities inventory and associated testing and assurance framework
- Own the maintenance of the Firm's comprehensive list of contingent actions and associated testing and assurance framework
- Plan and execute central testing and assurance activities managed by the RRP
- Represent the Firm with supervisors in their reviews of the firm's capital management framework and recovery and resolution plans
Required qualifications, capabilities and skills
- 10+ years of experience working with US regulations in the financial services sector
- Deep expertise in US Resolution and/or Recovery planning requirements
- Policy Advocacy with US Regulatory Agencies, or work experience in a US Regulatory Agency
- Experience with managing significant projects at a globally active financial institutions
- Team management experience
Preferred qualifications, capabilities and skills
- Broad expertise across the US prudential 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.
Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.
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