Apply Now    

Wealth Management - Controls Management, Oversight & Controls Officer - ED

Req #: 170071691
Location: New York, NY, US
Job Category: Asset Management
Potential Referral Amount: 0 US Dollar (USD)
J.P. Morgan Wealth Management: With more than 160 years of experience, J.P. Morgan Wealth Management is a global wealth management leader that delivers the highest quality advice, service, capabilities and products across all wealth segments through various distribution channels including the Private Bank, JPMorgan Securities, and Chase Wealth Management.
 
Wealth Management Controls Management’s primary function is to ensure the LOB has a sustainable and disciplined end to end control environment, identify and escalate issues with a sense of urgency, and partner with Business to ensure issues are remediated in a timely manner. 
 
WM Controls Management works in partnership with the business, as the first line of defense. The team assists in immediate, real time critical control issue detection, escalation, root cause analysis and remediation. In addition, the team works in collaboration with all other control functions – Compliance, Risk, Audit, and Legal.
 
Responsibilities include but are not limited to the following:
 
  • Partner with WM businesses, Controls Management team, Compliance, Risk and Legal to define, implement and support risk and controls environment including:
     
    • RCSA end-to-end process review
    • Compliance, Audit and Regulatory exam management / pre-audit health checks
    • Risk and Control Committee and other controls/business forums
    • New Business Initiative Approval (NBIA)
    • Regional and cross-border activities and processes
    • Conflict of Interests/Conduct Risks/Fiduciary
    • Corporate control programs and regulatory requirements
       
  • Build and drive consistency (best practices) of control initiatives and activities across regions, LOBs, products, locations and functions:
     
    • Facilitate the planning and execution of the annual RCSA (identification of risks, controls and testing)
    • Assemble and coordinate relevant staff (business, controls management, legal, risk, compliance, and other support functions) to address control deficiencies
    • Partner with the business to identify control gaps and develop action plans (owners, tasks, resources, timeline, communication to relevant parties etc.)
    • Provide guidance to ensure solutions developed are sustainable and comprehensive
    • Track issue and action plan deliverables and monitor for resolution/completion, report and escalate to management as needed
       
  • Build strong working relationships with business partners, controls management team, Compliance, Audit, and other controls partners
     
  • Identify solutions and best practices to support quality of risk and control activities in alignment with regional requirements and regulations, and AWM practices and standards
     
  • Provide regular input and ideas for ongoing analytics and ad hoc analyses on current business control environment and potential risk and control issues
  • Bachelor's degree
  • Minimum of 6 years of relevant experience for VP
  • Knowledge in wealth management business, risk and controls preferred
  • Prior experience in program/project execution a plus
  • Strong interpersonal skills, ability to influence others for results
  • Exceptional critical thinking, process review and improvements, analytical and communication skills (i.e. communicate effectively at all levels of the organization)
  • Possess sense of urgency, intellectual curiosity, resourcefulness, excellent analytical and problem solving skills, ability to synthesize large amounts of information and propose recommendations
  • Ability to adapt to a rapidly changing business environment, quickly assess situations, and capitalize on change
  • Individual must be results driven, have attention to detail, has passion for driving best practices, and skilled at diplomatically breaking down barriers and obstacles
  • Ability to directly address conflicts and escalate issues where appropriate.
  • Demonstrated experience as a key contributing member of a high performing organization
Apply Now    

Join our Talent Community

Not ready to apply? Leave your information with us and we will keep you up to date with new career opportunities.

Things to note

Sign in to our application system to continue your job search or update your profile.

Current employees sign in here. Contractors sign in here.

Any information you provide is confidential and will only be viewed by our recruiters in an effort to fill open positions. In addition, the information you provide is subject to our privacy policy practices.

Please note that J.P. Morgan will not accept unsolicited approaches or speculative CVs, nor will J.P. Morgan be responsible for any related fees, from Third Party Firms who are not preferred suppliers.

The firm invites all interested and qualified candidates to apply for employment opportunities.

Need disability related assistance?

If you are a US or Canadian applicant with a disability who is unable to use our online tools to search and apply for jobs, please click here.

Important links

Click here to view the "EEO is the Law" poster.

Click here to view the "EEO is the Law" supplemental poster.

Click here to view our U.S. Pay Transparency Policy.

JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.