Apply Now    

Vice President, Business Control Officer – Global Commodities Group

Req #: 170113211
Location: New York, NY, US
Job Category: Project Management
Potential Referral Amount: 3500 US Dollar (USD)

About J.P. Morgan Corporate & Investment Bank

J.P. Morgan’s Corporate & Investment Bank (CIB) is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
 
J .P. Morgan’s Global Commodities Group (GCG provides clients with market making, risk management, financing capabilities and financial solutions across the full spectrum of commodities. The group’s expertise in key products across energy, metals and agricultural commodities serves as an important complement to the firm’s investment banking, M&A advisory and capital markets capabilities.
 
The role of the Business Control Officer (BCO) is to focus on the GCG end to end control environment spanning all of the primary functions from voice and e-trading execution, market risk, model risk, credit risk, operations, technology, product control and through to legal & compliance.  The GCG BCO team is part of a wider Markets BCO team which reports into the CAO of the Corporate and Investment Bank.
 
The GCG Business Control Officer (BCO) will lead the GCG control agenda and will provide support to key stakeholders in all aspects of Front Office Supervision, e-Trading, Physical and Financial Trading, Conduct and Operational.  The BCO will lead risk identification and risk mitigation as well as the execution, implementation and enhancements of key Front Office controls.
 
The BCO will interact with multiple lines of business and corporate functions and will need to be able to work effectively with senior executives of the firm.  The BCO will need to establish very strong relationships within GCG that includes business heads, desk heads, traders, business managers and keys business partners such as Product Control, Technology, Market Risk, Operations, Compliance etc.  The BCO will need to develop a deep understanding of the business, its control challenges, the architecture and products.  The candidate should be interested in working in a fast-paced and dynamic environment, participating in key initiatives and becoming involved in a diverse set of issues that will have a direct impact on the organization.
 
Key responsibilities include
  • Facilitate GCG control governance and help manage conduct and operational risk and control agenda
  • Assist with Front Office supervision reporting and management
    • Front Office Supervision reporting and oversight including exception management
    • Identify and remediate control gaps
    • Provide input into further enhancements of Front Office Supervision portal
    • Supervisory attestations reporting - tracking and evidencing of business executive attestation
    • Standard operating procedures documentation and implementation
  • Control and regulatory governance management
    • Assist with reporting, administration and running of GCG Business Control Forums (BCFs) and related control meetings with support functions
    • Prep for internal and external regulatory & control meetings/reviews e.g. audits, regulatory exams, compliance reviews
    • Facilitate tracking and resolution of operations risk issues & actions
    • Assist with investigation, documentation and escalation of Operational risk events/errors
    • Perform thematic and desk specific control deep dives 
  • Facilitate annual Risk and Control Self-Assessment (RCSA) and on-going updates and maintenance of GCG RCSA  

 

  • Understanding of capital markets products and markets
  • Understanding of the end to end product life cycle
  • A good understanding of Conduct and Operational risk and front to back controls and how to apply them to different processes and businesses
  • Highly motivated, energetic self-starter who takes ownership
  • Good organizational skills - manages & prioritizes multiple tasks across different time horizons within deadlines
  • Investigative mindset, able to see issues at both a high-level and in detail.
  • Strong analytical, problem solving & process re-engineering skills
  • Excellent verbal and written communication skills
  • Strong team player with excellent partnering and influencing skill
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.