At a Glance
- Tasks: Manage operational risks and ensure compliance while collaborating with various teams.
- Company: Join Nutmeg, the UK's largest digital wealth manager, part of J.P. Morgan.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and development.
- Why this job: Be at the forefront of fintech, making a real impact on clients' financial journeys.
- Qualifications: Relevant experience in risk management; strong communication and analytical skills required.
- Other info: Diversity and inclusion are core values; flexible working arrangements available.
The predicted salary is between 43200 - 72000 £ per year.
Operations Control Manager, Nutmeg – Associate
Operations Control Manager, Nutmeg – Associate
JPMorgan Chase & Co. London, United Kingdom
Operations Control Manager, Nutmeg – Associate
JPMorgan Chase & Co. London, United Kingdom
Operations Control Manager, Nutmeg – Associate
Job Description
Behind every investment is a person with ambitions, motivations and values. While we know that every client is unique, they come to Nutmeg for the same reason: our straightforward and transparent approach to investing.
From young professionals looking to buy their first home to seasoned investors looking to leave a legacy, our clients have a variety of financial goals and timelines.
As an Operations Control Manager at Nutmeg, a J.P. Morgan company, you will be at the heart of this venture, focused on getting smart ideas into the hands of our clients. We\’re looking for people who have a curious mindset, thrive in collaborative environments, and are passionate about new technology. By their nature, our people are also solution-oriented, commercially savvy and have a head for fintech.
More about Nutmeg
Nutmeg is the UK\’s largest truly digital wealth manager, offering clarity and transparency to both seasoned and first-time investors as they seek to achieve their financial goals.
Nutmeg is a J.P. Morgan company offering investments and digital wealth management services to consumers/ Our clients can now benefit from the wisdom and resources of one of the world\’s most experienced investment houses. We\’ve also integrated our investment offering into Chase UK\’s digital banking app.
Job Responsibilities
- Assisting in the design and implementation of control frameworks to ensure compliance with regulatory requirements and internal policies.
- Collaborating and building relationships with Nutmeg business stakeholders to identify potential risks associated with new and existing products in managed investment, and developing strategies to mitigate these risks.
- Conducting comprehensive risk assessments for product development and change initiatives, ensuring that all potential risks are identified, evaluated, and addressed.
- Monitoring and evaluating the effectiveness of existing controls and recommending improvements as necessary.
- Providing training and guidance to staff on control processes and risk management practices, fostering a proactive risk management culture across ICB.
- Contributing to the Compliance and Operational Risk Evaluation (CORE) program by focusing on four key pillars: i) Control Design & Expertise; ii) Risks & Controls Identification/Assessment; iii) Issue Management; iv) Control Governance & Reporting.
- Partnering effectively with control colleagues across the firm, business, operations management, legal, compliance, risk, audit, and technology control functions to further establish and maintain business relationship loops.
- Supporting consistent and rigorous operational risk practices and control programs (including control committee reporting, risk mitigation, key risk indicators, control design, and controls performance evaluations).
- Reviewing, analyzing, and managing program-related data (e.g., KRIs/KPIs) and key metrics to inform on the health of the operational risk and control environment.
- Contributing to cross-departmental initiatives (e.g., awareness programs, risk expos, trainings, etc.).
Required Qualifications, Capabilities, and Skills
- Relevant experience in Operational Risk Management gained through working within Product, Controls, Compliance, or Audit within a large financial institution, regulator, consulting firm, and/or retail investments manager.
- Strong acumen for risk identification and assessment, and development of effective control mechanisms that mitigate these risks.
- Excellent written and verbal communication skills with an ability to influence business leaders at all levels of seniority in a meaningful and actionable manner.
- Experience in partnering with business and other stakeholders to manage remediation of operational risk-related issues.
- Experience in process mapping.
- Effective time management and prioritization skills.
- Detail-oriented with a high level of accuracy and integrity.
- Comfortable working in an agile and evolving environment.
- Passion to grow as part of a team.
- Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio).
Preferred Qualifications, Capabilities, and Skills
- Experience using any of the following is a plus: JIRA, Confluence, Alteryx, or CORE.
- Knowledge of Wealth Management processes, regulations, and risk.
- Understanding of investment management products.
- Relevant Bachelor\’s degree preferred but not required.
#ICBCareer
About Us
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. Visit our FAQs for more information about requesting an accommodation.
About the Team
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.
Control Management maintains a strong and consistent control environment through a joint accountability model that aligns managers with each function and region to mitigate operational risk. The team focuses on four areas: Control Design & Expertise, Risks & Controls Identification/Assessment, Issues & Control Deficiencies and Control Governance & Reporting.
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Operations Control Manager, Nutmeg - Associate | London, UK employer: JPMorgan Chase & Co.
Contact Detail:
JPMorgan Chase & Co. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operations Control Manager, Nutmeg - Associate | London, UK
✨Tip Number 1
Familiarise yourself with the latest trends in operational risk management and fintech. This will not only help you understand the industry better but also allow you to engage in meaningful conversations during interviews, showcasing your passion and knowledge.
✨Tip Number 2
Network with professionals already working in operational roles at Nutmeg or similar companies. Attend industry events or webinars to connect with them, as personal referrals can significantly boost your chances of landing an interview.
✨Tip Number 3
Prepare to discuss specific examples of how you've identified and mitigated risks in previous roles. Having concrete stories ready will demonstrate your experience and problem-solving skills, which are crucial for the Operations Control Manager position.
✨Tip Number 4
Showcase your proficiency in tools like JIRA or Confluence if you have experience with them. Even if you haven't used these tools directly, expressing a willingness to learn and adapt to new technologies can set you apart from other candidates.
We think you need these skills to ace Operations Control Manager, Nutmeg - Associate | London, UK
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in Operational Risk Management, particularly within financial institutions. Use keywords from the job description to demonstrate your fit for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for fintech and your understanding of risk management. Mention specific experiences where you've successfully identified and mitigated risks, and how you can contribute to Nutmeg's goals.
Showcase Communication Skills: Since excellent communication is crucial for this role, provide examples in your application that demonstrate your ability to influence stakeholders and collaborate effectively across teams.
Highlight Technical Proficiency: If you have experience with tools like JIRA, Confluence, or Alteryx, make sure to mention these in your application. This will show that you are well-equipped to handle the technical aspects of the role.
How to prepare for a job interview at JPMorgan Chase & Co.
✨Understand the Role
Make sure you have a solid grasp of what an Operations Control Manager does, especially in the context of Nutmeg. Familiarise yourself with their approach to investing and how they manage operational risks.
✨Showcase Your Risk Management Skills
Be prepared to discuss your experience in operational risk management. Highlight specific examples where you've identified risks and implemented effective control mechanisms, as this is crucial for the role.
✨Communicate Effectively
Since excellent communication skills are essential, practice articulating your thoughts clearly. Be ready to explain complex concepts in a way that can influence stakeholders at various levels.
✨Demonstrate a Collaborative Mindset
Nutmeg values collaboration, so be ready to share examples of how you've successfully worked with cross-functional teams. Emphasise your ability to build relationships and foster a proactive risk management culture.