Finance & Business Management - Vice President

Testing Site - JPMC; Jersey City (NJ); On-site; USD 110,000 - 160,000; Full time

Job summary

JPMorgan Chase & Co. in Jersey City is seeking a Litigation Operational Risk Business Manager to oversee identification, recording, monitoring and reporting of operational risk events within the Litigation department.

This role ensures adherence to internal risk standards and coordinates between LitHub and RED, the firm's risk data system. You will partner with Product Owners and Legal Technology to support reporting and enhancements for LitHub, while acting as a business partner to Op Risk and

Qualifications

• Bachelor's degree in Business, Finance, Risk Management, or related field.
• 5+ years of experience in finance, controls, risk, legal operations, compliance, or related field.
• Proven ability to produce accurate, timely reports with complex data sets, reconciliation, and quality assurance.
• Demonstrated commitment to maintaining robust controls frameworks; proactive in identifying process improvement opportunities and ensuring compliance with policies and procedures.

Responsibilities

• Managemonthlyreportingof litigation matter and loss data to the firm's operational risk database by established deadlines
• Ensure data accuracy and completeness for the reporting to Operational Risk system for settlements, reserves, fines, and outside counsel fees
• Partner with cross-functional teams to resolve data variances and quality issues
• Maintain compliance with firmwide operational risk standards and procedures
• Manage the work of the team responsible for Request for Proposal, Litigation matter reporting and discovery management
• Manage the request for PwC audit (legal entity searches) and Reg W reporting
• Coordinate quality assurance processes and update Litigation Operational Risk procedures and serve as main point-of-contact for LitHub enhancements to ensure data quality for reporting
• Serve as business partner to Op Risk and Litigation teams for litigation reporting
• Partner with the business, Operations and Technology in the definition of future workflows and implementation of related technology and infrastructure projects
• Collaborate with Legal Finance for Legal Fees, Litigation Reserves and Settlements
• Participate in internal/external working groups and respond to ad-hoc requests and provide guidance on reporting requirements

Skills

Financial controls

Risk management

Data analysis

Stakeholder management

Communication

Education

Bachelor's degree in Business, Finance, Risk Management, or related field

Job description

The Litigation Business Management team acts as a trusted advisor to the Litigation General Counsel and optimizes business performance

As a Litigation Operational Risk Business Manager on the Litigation Finance and Business Management team, you will play a key role overseeing the identification, recording, monitoring, and reporting of operational risk events within the Litigation department. This role ensures adherence to Firmwide Internal Operational Risk Event Standards and manages the interface between the Litigation matter management system (LitHub) and the Firm's operational loss system of record (Risk Event Database - RED). You will also play a critical role in supporting Litigation Reporting and enhancements for LitHub by collaborating with Product Owners and Legal Technology.

Job Responsibilities

• Managemonthlyreportingof litigation matter and loss data to the firm's operational risk database byestablisheddeadlines
• Ensure data accuracy and completeness forthe reporting to Operational Risk systemforsettlements, reserves, fines, and outside counsel fees
• Partner with cross-functional teams to resolve data variances and quality issues
• Maintain compliance with firmwide operational risk standards and procedures
• Manage the work of the team responsible for Request for Proposal, Litigation matterreportingand discovery management
• Manage the request for PwC audit (legal entity searches) and Reg W reporting
• Coordinate quality assurance processesand update Litigation Operational Risk procedures and serve as main point-of-contactforLitHub(Litigation matter management system)enhancements to ensure data quality for reporting andbetteruserexperience
• Serve asbusiness partner to Op Risk and Litigation teams forlitigation reporting
• Partner with the business, Operations and Technology in the definition of future workflows and implementation of related technology and infrastructure projects to prepare the business to meet the team's goals
• Collaborate with Legal Financefor Legal Fees,Litigation ReservesandSettlements
• Paricipate in respective internal/external working groups and respond to ad-hoc requests and provide guidance on reporting requirements, as needed.

Required qualifications, skills, and capabilities

• Bachelor's degree in Business, Finance, Risk Management, or related field
• 5+ years of experience infinance,controls,risk, legal operations, compliance, or related field
• Proven ability to produceaccurate,timelyreports with complex data sets,reconciliation, and quality assurance
• Demonstrated commitment tomaintainingrobust controls frameworks; proactive inidentifyingprocess improvement opportunities andensuring compliance with policies and procedures
• Highly motivated self-starter with excellent time management/prioritization skills
• Strong analytical and problem solving skills with ability to analyze large data sets and present conclusions concisely
• Excellent written and oral communication skills with ability to present well to senior and global Litigation heads
• Able to forge strong internal relationships across a broad range of functions
• Ability to manage multiple priorities and meet strict deadlines

To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT