Investment Product Control Manager

JPMorganChase; Greater London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A global financial services firm seeks an Investment Product Control Manager in London to lead the design of control frameworks ensuring compliance with regulations. The ideal candidate will have solid experience in operational risk management within financial services, excellent communication skills, and a detail-oriented approach. The role includes collaboration with stakeholders, conducting risk assessments, and enhancing a proactive risk management culture.

Qualifications

• Strong experience in Operational Risk Management within a financial institution.
• Excellent communication skills and ability to influence stakeholders.
• Knowledge of FCA requirements and compliance.

Responsibilities

• Lead design and implementation of control frameworks.
• Conduct comprehensive risk assessments for product development.
• Monitor effectiveness of existing controls.

Skills

Operational Risk Management

Risk identification and assessment

Communication skills

Stakeholder collaboration

Knowledge of investment management products

Time management

Detail-oriented

Education

Bachelor's degree preferred

Tools

Microsoft Office Suite

JIRA

Confluence

Alteryx

Job description

Behind every investment is a person with ambitions, motivations and values. While we know that every client is unique, they come to J.P. Morgan Personal Investing for the same reason: our straightforward and transparent approach to investing, and the trust that 150 years of J.P. Morgan heritage brings.

J.P. Morgan Personal Investing offers award-winning investments, products and digital wealth management services to over 275,000 investors in the UK. We built the business with innovation as a core part of our ethos to give consumers the confidence and clarity to make informed investment decisions and achieve their financial goals.

As an Investment Product Control Manager at J.P. Morgan Personal Investing you will support J.P. Morgan Personal Investing, you'll be a part of a flat-structure organization. You'll be responsible for leading and building out an enhanced control framework which supports a continuous and integrated approach to risk assessment. Additionally, you'll ensure the team assists in top-down risk analysis, real-time control issue detection, escalation, root cause analysis, and remediation.

Our Investment Product Control Management team is at the heart of this venture, focused on getting smart ideas into the hands of our customers. We're looking for people who have a curious mindset, thrive in collaborative squads, and are passionate about new technology. By their nature, our people are also solution-oriented, commercially savvy and have a head for fintech.

Job Responsibilities

Control Management maintains a strong and consistent control environment through a joint accountability model that aligns managers with each line of business, function and region to mitigate operational risk.

Based out of London your day-to-day responsibilities will include:

• Leading the design and implementation of control frameworks to ensure compliance with regulatory requirements and internal JPMC policies.
• Collaborating and build relationships with J.P. Morgan Personal Investing business stakeholders to identify potential risks associated with new and existing products, and develop strategies to mitigate these risks.
• Conducting comprehensive risk assessments for product development and change initiatives, ensuring that all potential risks are identified, evaluated, and addressed.
• Monitoring and evaluate the effectiveness of existing controls and recommend improvements as necessary.
• Providing training and guidance to staff on control processes and risk management practices and foster proactive risk management culture across ICB.
• Contributing to the Compliance and Operational Risk Evaluation (CORE) program by focusing on four key pillars: i) Control Design & Expertise; ii) Risks & Controls Identification/Assessment; iii) Issue Management; iv) Control Governance & Reporting.
• Partnering effectively with control colleagues across the firm, business, operations management, legal, compliance, risk, audit and technology control functions to further establish and maintain business relationship loops.
• Supporting consistent and rigorous operational risk practices and control programs (incl. control committee reporting, risk mitigation, key risk indicators, control design, and controls performance evaluations).
• Reviewing, analyzing and managing programme-related data (e.g. KRIs/KPIs) and key metrics to inform on the health of the operational risk and control environment.
• Contributing to cross-departmental initiatives (e.g. awareness programs, risk expos, trainings, etc.).

Required Qualifications, Capabilities and Skills

• Strong experience in Operational Risk Management gained through working within Product Management, Controls, Compliance or Audit within a large financial institution, regulator, consultancy firm and/or retail investments manager.
• Strong acumen for risk identification and assessment, and development of effective control mechanisms that mitigate these risks demonstrated through covering existing business or supporting new product initiatives.
• Excellent written and verbal communication skills with an ability to influence business leaders at all levels of seniority in a meaningful and actionable manner.
• Experience in partnering with business and other stakeholders to manage remediation of operational risk related issues.
• Understanding of Investment Management products, key business processes, regulations and associated risks and familiarity with ISA regulations.
• Knowledge of full trade lifecycle processes, from order initiation through post-trade processes. Experience working with trading systems and understanding of operational processes related to trade management.
• Strong knowledge of the FCA requirements and regulatory expectations (incl. areas such as Suitability & Appropriateness, CASS, Consumer Duty et. al.)
• Ability articulate key risks inherent within business processes and translate these into risk & control heatmaps
• Effective time management and prioritization skills.
• Detail-oriented with a high level of accuracy and integrity.
• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio)

Preferred Qualifications, Capabilities and Skills

• Experience using any of the following a plus: JIRA, Confluence, Alteryx or CORE
• Fluency in another European language is a plus.
• Bachelor's degree preferred.
• Experience leading small teams or coaching junior team members.

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About Us

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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.

About the Team

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.