Control Management - Vice President
Aumni
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J.P. Morgan Private Bank is a global wealth management leader that delivers the highest quality advice, service, capabilities and products to Ultra High Net Worth (UHNW) individuals and families around the world. We deliver highly customized and comprehensive solutions to help clients with the many complexities they face by leveraging the commercial and investment banking capabilities of the firm
Job Description
The Private Bank Business Control Management team works in partnership with business, as the first line of defense against operational risks that have the potential to impact the Bank. The key responsibilities of the team include: ensuring that line of business has a sustainable and disciplined end-to-end control environment; partnering with the business to ensure control issues are remediated in a timely and sustainable manner; identifying and escalating control issues with a sense of urgency; and coordination of control effectiveness assessments. The team works in collaboration with all other control functions – Compliance, Risk Management, Internal Audit.
J.P. Morgan Private Bank is looking for a Control Manager based in Mumbai. The role will support International arm of the Business with touch points with teams based across the globe. This role is ideally suited to an individual with prior experience in Wealth Management with a good understanding of the management of Operational Risk and experience of control design and testing, project management and Issue management.
Role Responsibilities:
- Controls support to International Private Bank Operations In Mumbai with additional support to global teams.
- In partnership with key stakeholders, perform end-to-end analysis of the business’ risk and control environment to strengthen the control environment.
- For control deficiencies, work with the business to identify significant gaps and weaknesses and determine root cause of control breaks. Additionally, clearly define both the issue and remediation plan with achievable target dates, tracking of progress against deliverables, challenge of mitigating actions and validation of action plan and issue completion
- Ensure that remediating actions are appropriately and sustainably implemented.
- Management and ownership of a process within CORE (Control and Operational Risk Evaluation) framework including ensuring completeness of risks and controls identified, oversight of control testing relating to the process. Challenging the testing approach and acting as an intermediary between control performers and control testers.
- Work with global Control Managers to manage Internal Audit, Compliance and external regulatory exams. Facilitate global consistency and collaboration in risk and control coverage with controls managers in other regions and functions.
- Support management reporting.
- Develop and maintain effective working relationships with 2nd, 3rd lines of defense and control management peers across the globe region on specific projects and initiatives.
Qualifications:
- Bachelor’s/Master’s degree with equivalent experience required
- Relevant experience in financial services, the wealth management business, controls, or quality control / assurance
- Proficient knowledge of control and risk management concepts
- Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio)
Skills:
- Communication/presentation skills
- Work autonomously to affect change - flexible, adaptable to shifting priorities; manages competing priorities to achieve the most effective result and able to work in a fast-paced, results driven environment
- Project Management – ability to plan timelines, direct resources (including technology), and communicate various deliverables to multiple stakeholders
- Business knowledge - ability to understand the business / knowledge of regulation surrounding business
- Problem solving / Analytical skills - solid critical thinking, attention to detail and analytical skills; able to synthesize large amounts of information and propose recommendations
- Reporting / Analytics – ability to synthesize interpret, and present information to senior level audiences
- Ability to make subjective and informed decisions based upon output, influence stakeholders and justify decision making
This job is no longer accepting applications
See open jobs at Aumni.See open jobs similar to "Control Management - Vice President" NEXT Frontier Capital.