description: Control Management is a first line of defense function that ensures the businesses we support maintain a strong and consistent control environment. Within Wealth Management Operations, Control Managers support various functions such as comprehensive coverage and joint accountability with business executives promotes early operational risk identification and assessment, effective design and evaluation of controls and sustainable solutions to mitigate operational risk. The team focuses on four areas: Risk Identification & Assessment, Control Design & Evaluation, Issues & Control Deficiencies and Control Governance & Reporting. Job Responsibilities: - Creating a proactive risk and control culture that leverages proven evaluation strategies and sound change management protocols - Reviewing and analyzing program related data (e.g., KRI/KPI) to support business-related programs and strategies - Providing leadership support for the end-to-end execution of the Risk & Control Self-Assessment, including identification of control design issues and remediation strategies, to reduce financial loss, regulatory exposure, and reputational risk - Managing control-related activities, including risk event occurrences, and new business initiatives and providing control related due diligence to business units to foster a proactive risk and control culture that leverages proven evaluation strategies and sound change management protocols - Partnering effectively with colleagues across the firm, business, operations management, legal, compliance, risk, audit, regulators and technology control functions to drive consistent and rigorous operational risk practices and Control programs including: control committees, risk mitigation, key risk indicators, control design and performance evaluation - Establishing control governance and reporting to identify meaningful metrics to inform on health of operational risk and control environment and escalating control deficiencies based on key reporting indicators - Communicating effectively across all levels - Leading and partnering with the business, legal, risk, compliance and other control partners on various issues ranging from self-identified issues to global regulatory enforcement actions Required qualification, skills and capabilities: - Bachelor's/Master's degree or equivalent in Business Administration, Finance, Economics, Accounting or related field - 7+ years of financial services experience in controls, audit, quality assurance, risk management, operations or compliance preferred - Knowledge of banking processes, regulations and associated risks a plus - Demonstrate confident leadership and sound judgment to influence a strong culture and risk management - Proficient knowledge of control and risk management concepts with the ability to design, create, and evaluate a Risk & Control Self-Assessment in conjunction with business partners - Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio, Teams) JPMorgan Chase & Co., 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 - Vice President - Control Management 

Job Description for JP Morgan Chase - Vice President - Control Management  in JP Morgan Chase in  Mumbai for (7-12) years of experience. Apply Now!