RMC Governance Lead - Vice President

JPMorganChase; Mumbai; On-site; INR 3,500,000 - 6,500,000; Full time

Job summary

JPMorgan Chase is seeking a Vice President in Credit Risk Governance to partner with Wealth Management functions. You will develop policies, standards, and procedures, and work with front office to implement risk controls aligned with revenue targets and growth.

You will maintain documentation integrity and support audits and regulatory examinations. The role involves delivering large-scale risk and regulatory changes, coordinating with multiple groups, and guiding senior management on risk

Qualifications

• Bachelor's degree or commensurate related job experience.
• 5+ years of experience in Auditing, Accounting, Internal Control and/or Credit Analysis with focus on Wholesale Credit Risk.
• Strong business writing skills.
• Experience in Wholesale Audit, Compliance, Operational, and/or Regulatory Risk Management.
• Demonstrated ability to collaborate cross-functions to achieve measurable results.

Responsibilities

• Develop and maintain policies, standards, guidelines, and procedures with regulatory compliance measures.
• Collaborate with Front Office to develop risk controls for revenue and growth.
• Maintain full inventory of documents and ensure clarity and usability.
• Assist in designing and implementing risk management framework and controls.
• Deliver large-scale risk and regulatory changes and technical initiatives.
• Communicate requirements and objectives to senior management and stakeholders.
• Coordinate with Credit, Investment, Fiduciary Risk, Compliance, Legal, and Operations groups on risk matters.
• Provide support for audits and regulatory examinations.

Skills

Bachelor's Degree

5+ years of experience

Strong business writing

Cross-functional collaboration

Organizational skills

Prior risk/controls experience

MS Word/Excel/PowerPoint

Education

Bachelor's Degree

Job description

Job Description

Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As a Vice President in the Credit Risk Governance team, you will collaborate with global Wealth Management functions, including Risk, Lending Solutions, Operations, Legal, and Compliance. Your role will involve working with the Wealth Management Risk function to develop and maintain policies, standards, guidelines, and procedures, including regulatory compliance measures. You will work closely with the Front Office to assess business needs and develop risk controls to achieve revenue targets and business growth. Your responsibilities will also include maintaining a full inventory of documents and ensuring they are clear, concise, and user-friendly. You will assist in developing and implementing the business risk management framework, including risk governance and controls, organization structure, policies and procedures, and risk measures and metrics. You will also be responsible for delivering large-scale risk and regulatory change and technical initiatives. Communication of changes, detailing requirements, and strategic risk management objectives to large working groups, including senior management, will be a key part of your role. You will also work with internal groups such as Credit, Investment, and Fiduciary Risk areas, as well as Compliance, Legal, and Operations on matters related to risk controls, model-assessments, incidents, and infrastructure projects. Lastly, you will provide support and guidance for audits and regulatory examinations.

Job Responsibilities

• Work with Wealth Management Risk function to develop and maintain policies, standards, guidelines, and procedures, including regulatory compliance measures and risk advisory within the Risk Management Program.


• Work closely with the Front Office to assess business needs and further develop risk controls to efficiently achieve revenue target and new business growth.


• Play a key role in the hierarchy and design of documentation by maintaining full inventory of documents.


• Review documentation to ensure it is clear, concise, and user-friendly. Perform ongoing updates to existing documentation to ensure they remain accurate and relevant.


• Assist in developing, design, implementation, and support of line of business risk management framework, including but not limited to: Risk governance and controls, organization structure, policies and procedures, three lines of defense, risk measures and metrics (risk appetite and limits, monitoring and escalation).


• Deliver large-scale risk and regulatory change and technical initiatives.


• Communicate changes including detailing requirements and strategic risk management objectives/updates to large working groups, including senior management.


• Work alongside internal groups such as Credit, Investment, and Fiduciary Risk areas as well as Compliance, Legal, and Operations on matters related to risk controls, model-assessments, incidents, and infrastructure projects.


• Provide support and guidance for audits and regulatory examinations.

Required Qualifications, Capabilities, And Skills

• Bachelor's Degree or commensurate related job experience


• 5+ years of experience in Auditing, Accounting, Internal Control and/or Credit Analysis with focus on Wholesale Credit Risk


• Strong business writing skills


• Experience in Wholesale Audit, Compliance, Operational, and/or Regulatory Risk Management


• Demonstrated ability to collaborate cross-functions to achieve measurable results


• Strong organizational skills


• Ability to manage and prioritize multiple requests at the same time


• Detail oriented with strong analytical skills


• Proficiency in Microsoft Word, Excel, and PowerPoint

Preferred Qualifications, Capabilities, And Skills

• Project and/or Change Management experience preferred

ABOUT US

JPMorganChase, 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. 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

J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.

Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.