J.P. Morgan is a leading global financial services firm, established over 200 years ago: - We are the leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. - We have assets of $2.5 trillion and operations worldwide - We operate in more than 100 markets. - We have more than 243,000 employees globally. Our wholesale businesses include J.P. Morgan's Asset Management, Commercial Banking and the Corporate& Investment Bank which provide products and services to corporations, governments, municipalities, non-profits, institutions, financial intermediaries and high-net worth individuals and families. Our corporate functions support the entire organization and include the following functions: Accounting, Audit, Finance, Human Resources, Operations, and Technology. J.P. Morgan in India provides a comprehensive range of Corporate & Investment Banking, Commercial Banking, Asset & Wealth Management, and Corporate functions services and solutions to our clients, executing some of the most important financial transactions and providing essential strategic advice to our clients such as the government, large domestic and multi-national corporations, non-government organizations and financial institutions and investors. India is a key market for JPMorgan Chase globally and our employees in India are a critical part of how we do business globally and are integrated within our businesses. Our Global Service Centres (GSCs) are strategically positioned in Mumbai, Bangalore and Hyderabad to support the firm's operations regionally and globally. The centres provide comprehensive strategic support across technology and business operations processing to all lines of business and the corporate functions. Control Management (CM) maintains a strong and consistent control environment across the firm. With Control Managers appointed for each Line of Business, Function and Region, there is a comprehensive coverage and joint accountability model with the business executive that promotes early operational risk identification and assessment, effective design and evaluation of controls and sustainable solutions to mitigate operational risk. Control Management focuses on four areas: 1) Control design and expertise 2) Risks and controls identification/assessment 3) Control breaks and resolution 4) Control governance & reporting - Firmwide Risk Control Management Team will partner with all other control disciplines, adding an additional line of defense supporting Compliance, Risk and Audit, among others. - The Team will work in partnership on the development of new, and oversight of existing, control functions and protocols throughout the Firm and will provide a centralized view of and from all control functions, assisting in immediate, real time problem detection and escalation. - This process will enable the firm to engage the appropriate teams in a timely manner, and provide the ability to quickly remediate critical control issues across all the impacted areas of the firm. - Control Management team has members globally across the US, EMEA, Asia and Latin America, and as such, will bring a global perspective and globally coordinated approach to compliance oversight. - The below describes the duties performed by an individual working within this group, specifically supporting the Risk function. Role Responsibilities: - Dynamic role in Firmwide Risk Controls to assist and lead management of monthly committees and forums, regulatory related initiatives and ad hoc presentations including coordinate senior management meetings, develop commentary, establish agendas, timelines and prepare related materials - In partnership with stakeholders, evaluate and perform an end-to-end analysis of the risk and control environment to identify significant gaps and weaknesses and determine root cause of control breaks - Ensure that controls are properly designed, operating effectively, and essential to a proactive risk and control culture that leverages proven evaluation strategies and sound change management protocols - Perform ongoing analysis of program related data (e.g., KRI/KPI) and develop ad-hoc reports as requested to support business-related programs and strategies - Assist with development of Risk &Control Self-Assessment mapping and documentations through participation in end-to-end process walkthroughs and deep dives with assigned business units - Maintain standard management reporting, including metrics and report on material breaches - Perform analyses of common and recurring control weaknesses, and monitor results and trends in other relevant indicators - Evaluate, analyze and track issues and action plans to ensure progress toward planned completion dates - Support for regulatory coordination and remediation efforts and liaise with Internal Audit to review the schedules, status of engagements, potential areas of concerns - Represent Control Management for Risk projects including regulatory and exam support which includes providing controls oversight and guidance to business partners - Develop and deliver training sessions / programs as needed Drive risk and control identification, risk assessment and ranking (inherent and residual risk analysis), control evaluation (design, validation, findings & conclusions) and rating, and reporting and analysis of results Qualifications: - Bachelor's degree or equivalent experience required - 7 years of experience in financial services industry with background in controls, audit, quality assurance, operational risk management, or compliance preferred; or equivalent subject matter expertise in a relevant business related function/operation - Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio) required and data analytics preferred using Excel, Access Skills: - Risk/ Business knowledge - ability to understand the business / knowledge of regulation surrounding business - Communication/presentation - excellent written and verbal communication skills with an ability to influence business leaders in a meaningful and actionable manner - Networking - strong interpersonal skills; strong collaboration and relationship building skills - Work autonomously to affect change - flexible, adaptable to shifting priorities; manages competing priorities to achieve the most effective result and able to work in a fast-paced, results driven environment - Decision Making/Judgement - moderate level of independent decision making using sound judgement - Problem solving / Analytical skills - solid critical thinking, attention to detail and analytical skills; able to synthesize large amounts of data and formulate appropriate conclusions - Understanding root cause / identifying control breaks - Developing timely and sustainable solutions - Analyze metrics for emerging risk - Implementation skills - Writing Action Plans, Procedures - Project and Change Management - Knowledge of key Financial Institution regulations and background with the Financial Services Industry and understanding of Risk Management areas - Ability to gain consensus among staff and effectively drive initiatives to completion with keen attention to detail - Inquisitive and proactive team player - Ability to multi-task, work well under pressure with commitment to deliver under tight deadline

Mumbai

JP Morgan Chase - Vice President - Control Risk Management 

JP Morgan Chase - Vice President - Control Risk Management  ,Job Description for JP Morgan Chase - Vice President - Control Risk Management  in JPMorgan Chase in  Mumbai for (7-15) years of experience. Apply Now!

Job Description for JP Morgan Chase - Vice President - Control Risk Management  in JPMorgan Chase in  Mumbai for (7-15) years of experience. Apply Now!