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Description: As a Control Manager Vice President, you'll be responsible for leading and building out an enhanced control framework which supports a continuous and integrated approach to risk assessment in India Branch, including Broking Company (JPMIPL) and Non-Banking Financial Company (JPMSIPL). Additionally, you will ensure the team assists in top down risk analysis, real time control issue detection, escalation, root cause analysis and remediation. T he position will report into the Head of India Controls (for India Branch). The India Controls team will interact with multiple businesses and corporate functions and need to be able to partner effectively with senior executives of the firm. The individual will need to establish very strong relationships with the local business teams and develop a deep understanding of the business, its control challenges, the architecture and products/services. Role Responsibilities: Drive Location Governance - Embedding the regional best practice governance model in the location while ensuring local regulatory requirements/expectations are met - Coordinate and help in conducting the Location Operating Committee (LOC) for the India Branch - Presenting a holistic, aggregated view of all aspects of controls over operational risk - Identifying emerging control issues and driving remediation/change, where required - Understanding business and process changes and ensuring execution in a timely manner in support of the location - Ensuring operational risk control and regulatory matters are included in location governance, that issues are logged, remediated and closed in accordance with corporate guidance - Partnering with the business and Functional Control Officers to ensure the local Controls agenda is clearly understood to facilitate its delivery - Engaging with local Compliance to ensure local requirements and issues are fully understood and escalated within the local and regional governance agenda - Measuring, monitoring and reporting on the effectiveness of the regional location programme via governance, the provision and analysis of consolidated location MIS and reports (including operational risk control reviews) - Adherence to policy, best practices, and location landscape reporting and location health assessments - Engaging with Business/ Functional Control Manager and Operational Risk Managers to ensure CORE action plans and RED events are treated in accordance with policy across the location Reinforce the Location Control Framework - Facilitate Concurrent Audit reviews of relevant functions - Monitoring control gaps and remediation, ensuring satisfactory resolution of issues is recorded in governance forums and corporate systems (e.g. CORE) and that remedial actions are fully embedded - Diagnosing and benchmarking capabilities and good control practices and ensuring exporting of these practices across businesses/functions - Ensuring adequate understanding of issues, maintaining a look ahead across the location for operational risk control impacts - Supporting and/or executing the roll out of global/regional control initiatives in the location, e.g. outsourcing, OLO, CORE ,QORA etc., while ensuring country specific requirements are met Ensure that a comprehensive Location Regulatory Engagement process is in place and executed - Ensuring operational risk regulatory matters are included in location governance and that issues are remediated and closed in accordance with corporate guidance - Partnering with local Compliance to ensure regulatory matters are managed and escalated at appropriate governance forums - Managing cross-business regulatory exams/reviews/submissions/audits, both ad hoc and periodic, in partnership with Compliance - Reviewing materials, which are cross-business, provided to regulators, coordinating CORE input of issues and actions, including ownership assignment, and tracking actions until completion. Leading the execution of remedial actions where needed Qualifications: - 10+ years' work experience in financial services - A good understanding of Corporate & Investment Banking products and markets - Ability to engage with location Regulators and Auditors - Highly motivated, energetic self-starter who takes ownership - Good organizational skills - manages & prioritizes multiple tasks across different time horizons within deadlines - A good understanding of controls and how to apply them to different processes and businesses - Strong analytical, problem solving & process re-engineering skills - Excellent Excel, Word, PowerPoint skills - Excellent verbal and written communication skills - Strong team player with excellent partnering and influencing skill 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 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. Note : For your candidature to be considered on this job, you need to apply necessarily on the company's redirected page of this job. Please make sure you apply on the redirected page as well.

Mumbai

JP Morgan Chase - Control Manager 

Job Description for JP Morgan Chase - Control Manager  in JP Morgan Chase in  Mumbai for (10-14) years of experience. Apply Now!

JP Morgan Chase - Control Manager  | iimjobs.com