Organization Description : The Corporate & Investment Bank is a global leader across investment banking, payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world. 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. Job Description: - There is an exciting opportunity to join the Payments Business Controls Management Team as a Controls Manager. The Group is responsible for setting standards and providing the tools and infrastructure that ensures the Payments business has a seamless front to back control environment deployed in mitigation of the Business' inherent operating risks. The Payments business offering includes Payables, Receivables, Liquidity, Trade& Working Capital, Cards & Merchant Services. - The ideal candidate will bring a diverse perspective to the role. The team is looking at the Controls function with a fresh set of eyes and a goal toward talent that have experience and/or aptitude including, but not limited to Risk and Controls. - New ideas and ways of approaching a problem are highly valued. Specific attributes include strong process orientation/project management skills, critical thinking, problem solving, strategic mind-set and excellent writing/ presentation skills. The candidate must be able to liaise with all levels of management and work independently. - Key responsibilities of this position include, amongst others, those listed below consisting of both variable project related activities with finite completion dates as well as fixed day to day BAU activities. Risk and Control Monitoring - Work with the business to identify key processes and related inherent risks; assess and monitor risks - Advise on the establishment of front office controls and risk mitigation - Evaluate and advise on control gaps/breaches - Collaborate with the business to build, monitor, evidence and close out Issues and Actions Plans (APs) to eliminate control gaps - Provide guidance and oversight to central testing team in the ongoing testing of controls - Manage escalation and documentation of Risk Events Supervisory Management : - Collaborate with internal Audit, Regulatory Management and Compliance to help facilitate Audits, Exams and-internal testing - Work with the business to guide responses to requests - Run point on Audit/supervisory work related to CORE (Control and Operational Risk Evaluation). - Control & Operational Risk Evaluation (CORE) - Build out and refresh CORE processes, risks and controls in alignment with standards to ensure proper representation of business and audit/exam readiness - Complete ongoing CORE deliverables in timely manner, i.e. risk ratings, KRIs, control effectiveness) - Ensure proper mapping of standards to CORE (e.g., Conflicts of Interest, Office of Legal Obligations) - Work with business to build tools and artifacts to help properly reflect business processes in CORE (e.g., process flows, Role and Responsibility documents) Policy, Standards and Attestations - Keep up with internal and regulatory policy and standards changes - Collaborate with the business to understand and respond/react to material changes - Assist with coordination of business attestations - Business Forums and Key Indicators - Support Payment Business/Regional/Local Control Forums; provide input, as applicable, for monthly presentations; create documentation - Work with team to define and maintain KRIs/KPIs - Projects, Ongoing Programs and Thematic Reviews - Provide guidance to business to ensure local initiatives go through proper New Business and Change Management protocols and monitoring - Participate and lead projects designed to enhance the control environment and simplify processes - Produce and present materials which provide clear insight and analysis into the risk environment and trends relevant to the Payments business Essential Skills & Qualifications : - Minimum 5 years experience in Banking & Financial Services. - 3 years of relevant operational risk management and controls experience within the financial services industry preferred. - Experience in other/related functions a plus (e.g., Product, Operations, Business Management) - Payments experience preferred. - Ability to engage effectively across teams, taking a leading role with internal/external partners in defining strategy while focusing on day to day processes - Personal impact and credibility are essential. Organizational skills are required to marshal internal resources in support of projects - Proven track record in effectively managing high performing, diverse teams across multiple locations - Ability to partner in a virtual team environment across multiple locations - Ability to think flexibly and learn rapidly, manage multiple projects at once and prioritize effectively - Strong analytical and problem-solving skills with the ability to exercise sound and balanced judgment; keen attention to detail; - Excellent communication skills (verbal and written), including ability to succinctly advise of risks, challenges and potential solutions - Degree in Finance, Economics or a related discipline. MBA a plus.

Mumbai

JP Morgan -  Associate  - CIB Payments Business Controls - India 

JP Morgan -  Associate  - CIB Payments Business Controls - India  ,Job Description for JP Morgan -  Associate  - CIB Payments Business Controls - India  in JPMorgan Chase & Co. in  Mumbai for (5-10) years of experience. Apply Now!

Job Description for JP Morgan -  Associate  - CIB Payments Business Controls - India  in JPMorgan Chase & Co. in  Mumbai for (5-10) years of experience. Apply Now!