Payments –Regulatory Change Management and Controls - Vice President

Testing Site - JPMC; Singapore; On-site; SGD 250,000 - 360,000; Full time

Job summary

Testing Site - JPMC is seeking a Vice President to join the Global Regulatory Developments and Engagement (GRDE) function in Singapore. You will partner with control managers and Legal, Compliance and business leaders to translate regulations into actionable controls and ensure compliance with policies and procedures.

You will review regulatory changes, map obligations to operations, and drive quality outputs through cross-functional collaboration while demonstrating strong leadership and

Qualifications

• Bachelor’s Degree in Finance/Economics is required.
• 10 years of experience in financial institutions in control-related functions is required.
• Knowledge of APAC regulatory landscape and regulators.

Responsibilities

• Work with global Control Managers, Legal, Compliance and business managers to assess and disposition legal obligations accurately and timely.
• Review and assess new or amended regulations for business impact and track gaps.
• Map legal obligations to business procedures and supporting docs.
• Collaborate to ensure global consistency and quality of outputs; conduct quality reviews of deliverables.
• Identify process efficiencies with stakeholders.
• Demonstrate leadership and stakeholder management to drive initiatives.

Skills

Regulatory knowledge

Leadership

Stakeholder management

Regulatory mapping

Legal interpretation

Communication

Cross-functional collaboration

Education

Bachelor’s Degree in Finance/Economics

Job description

Make an impact to the rapidly evolving payments landscape as a Vice President in the Global Regulatory Developments and Engagement function

As a Vice President in the Global Regulatory Developments and Engagement (GRDE) function, you will be part of the broader payments controls organization. You will partner with business and control managers to proactively manage regulatory changes and trace end-to-end connections between laws, rules, and regulations to demonstrate compliance with our policies and procedures.

Job Responsibilities:

• Work with global Control Managers, Legal, Compliance and business managers to ensure legal obligations and regulations are assessed and dispositioned accurately, efficiently, and timely
• Review and assess new or amended regulations for business impact and track the resolution of gaps
• Perform impact assessment and mapping of legal obligations to business and operational procedures or other supporting documentation
• Partner with colleagues to ensure global consistency and quality of output from the team, including ability to conduct quality reviews of the team’s deliverables
• Work effectively with relevant stakeholders to identify and implement process efficiencies
• Demonstrate excellent leadership, stakeholder management and communications skills to achieve results and provide direction

Required qualifications, capabilities & skills:

• Minimum of Bachelor’s Degree in Finance/Economics
• Minimum of 10 years of experience in financial institutions in business controls, operational risk, compliance, legal, audit or similar function is required.
• Knowledge of the APAC financial services regulatory landscape including key regulators and regulations.
• Comfortable with and adept at reading and interpreting legal and regulatory texts as a layperson (NB: formal legal qualifications are beneficial but not required)
• Relevant experience/knowledge of financial products and services for the Payments business and for financial regulations.
• Excellent business judgement and organizational management skills, particularly the ability to work under pressure, handle high volume of throughput without compromising quality and proactively identify issues early
• Excellent interpersonal skills, comfortable with working and partnering with people at all levels, across all functional areas and internationally. Able to motivate and gain consensus among peers and stakeholders to drive critical initiatives to completion
• Strong written and verbal communication skills

Preferred qualifications, capabilities & skills:

• Experience of covering banking and/or payments related business is preferred