Compliance Risk Management Lead - Wealth Management Compliance - Vice President

JP Morgan Chase; Plano (TX); On-site; USD 140,000 - 200,000; Full time

Job summary

JPMorgan Chase in Plano, TX is seeking a Compliance Risk Management Lead within CCOR to safeguard the firm across Wealth Management and the online investing platform. You will advise internal stakeholders on regulatory obligations, balancing business needs with compliance and risk mitigation.

You will collaborate with Legal, Risk, Technology and control functions to manage regulatory examinations, develop and maintain policies, and lead complex cross-border initiatives.

Qualifications

• 6+ years of financial industry experience as a regulator in a law firm or control function such as Compliance, risk management, in-house attorney or audit in a large financial institution offering wealth management, private banking, asset management and institutional capital markets
• Expertise in financial investment products and services offered by a broker-dealer and investment adviser and related SEC, FINRA, MSRB and other SRO rules and regulations
• Strong decision-making, independent work capability, and ability to thrive in a dynamic environment as a core team member
• Strong communication (written and oral) with analytical, problem solving and project management skills
• Attention to detail and ability to identify and remediate control issues with key stakeholders
• Interpersonal and influencing skills with change management capability
• Familiarity with AI and automation tools and potential to apply them to compliance processes

Responsibilities

• Advise the JPMWM business on compliance aspects of new and existing products and services, including online investing platform, digital account opening, investment funding, margin and lending
• Identify compliance and conduct risks inherent within JPMWM
• Act as independent second line of defense and challenge function to JPMWM, raising issues for remediation
• Collaborate with Legal, regulatory engagement, the business and other control functions to respond to regulatory examinations, audits, investigations, inquiries and other information requests
• Build and maintain strong client relationships with the business, Risk, Legal, Technology and Corporate Functions
• Manage projects independently to support CCOR initiatives and across the firm globally
• Draft and maintain Compliance policies, procedures and bulletins addressing new business initiatives and technology enhancements
• Assist the team in identifying and escalating issues through formal channels and facilitating timely resolutions
• Interact with colleagues in other lines of business, control functions and regions on regulatory matters and cross-border questions
• Represent Compliance in governance forums and field compliance questions from JPMWM on new initiatives and day-to-day activities
• Keep abreast of industry trends and regulators’ focus areas

Skills

Regulatory experience

Financial industry

Compliance

Audit

Project management

Communication

Attention to detail

AI & automation familiarity

Education

Bachelor’s Degree

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.

As a Compliance Risk Management Lead within Compliance, Conduct and Operational Risk (CCOR), you will be joining a team of Compliance professionals from a diverse range of backgrounds and experience as part of the Second Line of Defense (2LOD) who collectively ensure that the firm’s compliance framework is implemented and functions effectively. As a part of the firm's Compliance team, your will work globally across all lines of business to advise internal stakeholders on the impact of regulatory requirements and how to balance these with the firm’s needs. Their diverse mandate means you will also provide input on new business strategies, products, policies, procedures, training, operational processes, risk mitigation and control.

You will focus on providing Compliance support for the firm’s J.P. Morgan Wealth Management (JPMWM) organization, specifically the J.P. Morgan Self-Directed Investing online brokerage platform and associated product areas. In this role, you will be highly visible to senior management and have the opportunity to work with key stakeholders including the business, Legal, Risk, Control Management, Technology, Internal Audit, Finance & Business Management and other control functions across the firm’s JPMWM organization and other areas in JPMorgan Chase. To be successful in this role, you will require knowledge of compliance within the financial industry, key compliance skills, familiarity with regulatory best practices along with an ability execute on a broad book of work including creation and oversight of compliance reviews.

Job Responsibilities

• Advise the JPMWM business on compliance aspects of new and existing products and services including but not limited to the firm’s online investing platform, digital account opening, investment funding, margin and lending.
• Identify compliance and conduct risks inherent within JPMWM
• Act as independent second line of defense and challenge function to JPMWM, raising issues for the business to remediate through action plans and partnering with the business process owners in control design, control evaluation, and issue management of compliance and conduct risks.
• Collaborate with Legal, regulatory engagement, the business and other control functions to gather information and review responses to regulatory examinations, audits, investigations, inquiries, and other information requests.
• Build and maintain strong client relationships with the business, Risk, Legal, Technology and business aligned Corporate Functions.
• Manage projects independently necessary to support initiatives both within the CCOR and across the firm globally.
• Draft and maintain Compliance policies, procedures and bulletins which may include addressing new business initiatives and technology enhancements, reasonably designed to support compliance with applicable regulatory obligations, corporate requirements and industry best practices.
• Assist the team in identifying and escalating issues through formal escalation channels and facilitating timely and effective resolutions.
• Interact regularly with colleagues in other lines of business, control functions and other regions on regulatory matters, cross border questions, compliance risk assessments, project management and formulating consistent approaches on corporate regulatory policies.
• Represent Compliance in governance forums and field compliance related questions from the JPMWM business on new initiatives and day-to-day activities.
• Keeping abreast of industry trends and standards and anticipating areas of focus and attention of regulators.

Required qualifications, capabilities and skills

• Minimum University/Bachelor’s Degree with at least 6+ years of financial industry experience as a regulator in a law firm or control function such as Compliance, risk management, an in-house attorney or audit in a large financial institution offering wealth management, private banking, asset management and institutional capital markets
• Expertise in financial investment products and services offered by a broker-dealer and investment adviser (e.g. investments such as fixed income, equity, listed options, margin trading, etc) and related SEC, FINRA, MSRB and other SRO rules and regulations
• Highly disciplined, ability to make independent decisions and work with limited supervision while exceling in a dynamic, demanding environment as a core team member.
• Good communicator (written and oral) with strong analytical, problem solving and project management skills with successful track record of completion
• Strong attention to detail and proven ability to identify potential process and control issues and develop and present solutions to key stakeholders
• Strong interpersonal and influencing skills and ability to embrace and drive change
• Ability to multi-task, prioritize and thrive in a fast-paced and evolving environment
• Demonstrates familiarity with artificial intelligence (AI) and automation tools, and the ability to identify opportunities to apply them to enhance compliance processes and improve efficiency.

Preferred qualifications, capabilities and skills

• Familiarity with Wealth Management (WM) and aspects of online brokerage platforms, digital innovation and tools and technology will be an advantage.
• Demonstrates understanding of cryptocurrency and digital-asset markets, products, and evolving regulatory frameworks
• Exposure to multiple risk disciplines (e.g., credit, investment, fiduciary, reputation) will be an advantage.
• Experience with risk management, control management, capital markets structure, compliance and audit in the financial services industry
• Self-motivated, driven and intellectually curious