Markets Operational Risk Management – Vice President in London

Operational Risk Management (ORM) is part of the Compliance, Conduct and Operational Risk (CCOR) function within the Risk Management and Compliance organization. CCOR maintains oversight of the firm’s compliance, conduct and operational risk management activities and is responsible for the design and execution of the CCOR program, which consists of the second line of defense’s responsibilities in managing the firm’s compliance, conduct, and operational risk. Our organization is focused on cultivating a strong, unified culture that embraces a sense of personal accountability in developing the highest corporate standards in governance and controls. Business priorities are focused on continuing to strengthen and guard the firm from the many risks we face while fostering a transparent culture and continuing to do first class business in a first-class way. We are equally focused on nurturing talent, respecting the diverse experiences that our team of professionals brings and embracing an inclusive environment.

As a Vice President within the Europe, Middle East and Africa Corporate and Investment Bank (CIB) Markets Operational Risk Management (ORM) team, you will be a part of a global team of risk professionals from a diverse range of backgrounds and experience who collectively ensure that the Firm’s Operational Risk Management Framework is implemented and functions effectively within CIB Markets.

Job Responsibilities

• Leverage the Firmwide CCOR Management Framework to maintain oversight over the CIB Markets Businesses in collaboration across the three lines of defence including Compliance, Audit and Markets Control Functions.
• Understand and assess Key and Emerging Risks for Global Markets businesses.
• Assess operational risks and control environments through quantitative and qualitative means in line with the CCOR Framework and work with first line of defence to remediate any deficiencies.
• Collaborate with the Testing Centre of Excellence to test the effectiveness of controls.
• Bring a focus upon internal process re-engineering, with a view to making recommendations and enhancements to existing Risk processes where opportunities arise.
• Stay abreast of industry news and regulatory developments to facilitate proactive risk identification and mitigation.

Required qualifications, capabilities, and skills

• Bachelor’s Degree with relevant experience in Markets, Operations, Risk or Compliance.
• Strategic thinker with strong analytical and project management skills with successful track record of completion.
• Ability to multi-task, prioritize and communicate clearly and concisely in a fast-paced and evolving environment.

Preferred qualifications, capabilities, and skills

• Experience with risk management, controls management, products and operations trade flow processes and lifecycles, regulatory reporting or technology for one or more CIB Markets businesses (i.e. Rates, Commodities, Currencies & Emerging Markets, Fixed Income Financing, Credit, Equities).
• Experience or knowledge of operational risks relating to digital assets including blockchain-enabled payments, tokenized deposits, stablecoins, and related digital asset infrastructure.
• Adaptability to learn and understand internal systems (including E-Trading systems), technology architecture and components, processes, sub-processes, risks and controls.

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.

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. 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.