jobseeker Logo
Now Apply on the Go!
Download iimjobs Jobseeker App and get a seamless experience for your job-hunting
20/06 HR
HR at JP Morgan Chase

Views:235 Applications:33 Rec. Actions:Recruiter Actions:0

JP Morgan Chase - Vice President - Equities Operation Regulatory Controls (15-16 yrs) Premium

Bangalore Job Code: 1113309

Equities Operation Regulatory Controls - Vice President


Description :


Job Description - Equity Regulatory Reporting

Process Overview :

- Middle Office, as part of CIB Operations, provides support to a wide range of external and internal businesses. It also provides the best-in-class operational processing capabilities across all asset classes.

- The Regulatory Controls Team is responsible for the full end to end implementation of the Regulatory Trade Reporting in Equities Operations Group.

Roles & Responsibilities :

Controls :

- Responsible for ongoing monitoring of existing controls and implementing new controls across various regulations (CFTC, MIFID, EMIR, HKMA, ASIC etc.) for EDG, Prime and Cash Equities business

- Leading remediation initiatives in partnership with technology team to address reporting data quality issues Governance / Monitoring on key Regulatory Metrics

- Improving reporting quality through various completeness and accuracy checks through centrally coordinated controls testing activities

- Managing external regulator & internal compliance queries, reviews and testing

- Representation on Senior Control Forums

- Issue / Error escalation

- Review and sign off on attestations

- Internal / External Audit monitoring

- Action Plan tracking and closure

- RADAR Report certification

Projects / Change Management :


- Role involves leading requirement analysis, testing and post go live checks for new regulations, changes to existing regulation, strategic system transformation, migrations and NBIAs

- Participate in Issue Prioritization forums

- Change Requirement and Testing review and sign off

- Project Resource Management

- Vendor Management

- Budget planning

V. Qualifications / Experience / Knowledge :

Skill sets Required :

- Previous experience in the Financial Services industry with strong understanding of Equity Derivatives products

- Strong understanding of Dodd Frank CFTC Trade Reporting and EMIR Trade Reporting

- Excellent Business Analysis skills to drill down the complex Regulatory Reporting requirements for multiple jurisdictions

- Excellent problem solving skills in order to identify, understand and address operational and technical issues

- Strong communication skills, both written and verbal, including the ability to develop relationships across the various stakeholders including Senior Business executives

- A self-motivated individual who is able to deliver with minimal supervision, whilst also working effectively as part of a team

- Strong product knowledge; thorough understanding of the end to end transaction cycle for derivative products

- Ability to work in a high pressure environment with time critical deliveries

- Control mindset to identify process control gaps, prioritize & mitigate operational risk

- Excellent time management skill and ability to prioritize work effectively

- Proactive in problem solving and developing solutions.

- Ability to respond to a changing environment.

- Be innovative and suggest system improvement capabilities.

- Ability to multi task, ensuring the controls are performed correctly, breaks are resolved and MIS being sent to managers on deadlines.

- Positive "Can Do" attitude

- Contributes to an environment of collaboration and mutual responsibility

- Good understanding of downstream impact of actions undertaken, particularly the requirement for strong and timely controls throughout the life cycle of the trade

- Ability to manage a team of high achievers with diverse experience and skill sets. Successful in team environments with matrix reporting structures

- Ability to influence team and provide a vision.

- Effective stake-holder management

Min Required Qualifications / Experience :

- CA/ MBA with 13-14 years / Graduate or Post-Graduate with 15-16 years' experience in operations.

- Familiarity with a global bank's process & operational environment including management and external reporting is a must. Strong business knowledge i.e. Investment Banking, including OTC product, process and system knowledge.

- Skilled in identifying talent, recruiting, coaching, mentoring, and developing team members

- Skilled in MS office applications including Outlook, PowerPoint, Excel, Word, Access and Project

Can operate effectively in a dynamic environment with tight deadlines, and can prioritize one's own and team's work to achieve them

Travel :

- Flexibility for travel to region ( APAC / EMEA / Americas) for period of 2-3 months within short notice in case of business requirements.

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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

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.

Women-friendly workplace:

Maternity and Paternity Benefits

Add a note
  • Apply
  • Assess Yourself
  • Save
  • Insights (Read more)
  • Follow-up
    (Read more)
Something suspicious? Report this job posting.