Risk Reporting - Basel Committee on Banking Supervision - Vice President (all genders)
Aumni
Frankfurt, Germany
Posted on Oct 17, 2024
Job Description
This is an opportunity to play a key role in ongoing regulatory compliance and enhancing the organization’s risk reporting framework, work with a dynamic and diverse team of professionals.
As a Vice President in the Risk Reporting team, you will expand JPMs Risk Reporting framework in line with the Basel Committee on Banking Supervision (BCBS) 239 standards. You will be involved in close collaboration with multiple departments including Risk Management, IT, Finance, Data Management and Compliance.
Job responsibilities
- Oversee the ongoing advancement of BCBS 239 principles. Deliver all relevant projects on time, within scope, and within budget in partnership with the Head of EMEA Legal Entity Risk Reporting
- Collaborate with senior management, risk management, IT, finance, and other key stakeholders to maintain a cohesive approach to BCBS 239 compliance in risk reporting
- Maintain and enhance robust quality assurance processes to uphold the accuracy, completeness, and timeliness of risk reports
- Document and understand data lineage to enhance the integrity and traceability of risk data from source to report
- Develop and refine existing frameworks for risk data aggregation, risk reporting, and BCBS 239 compliance
- Act as a key point of contact for regulatory bodies concerning BCBS 239 compliance in risk reporting. Prepare and present reports and updates to regulators as required
- Develop and deliver training programs to educate staff on BCBS 239 principles and compliance requirements related to risk reporting
- Identify opportunities for process improvements and implement best practices to enhance the efficiency and effectiveness of risk reporting
- Coordinate internal and external audits related to BCBS 239 compliance in risk reporting. Address findings and implement corrective actions, as necessary
- Participate in regional and global working groups related to BCBS 239 compliance
Required qualifications, capabilities, and skills
- Bachelor’s degree in Finance, Risk Management, Business Administration, or a related field
- Extensive experience in risk reporting, risk management, or regulatory compliance, with a strong focus on BCBS 239 principles
- Proven track record of successfully leading complex projects and programs
- Strong understanding of risk data aggregation, data lineage, and risk reporting processes
- Excellent communication and presentation skills, with the ability to engage and influence senior stakeholders
- Strong analytical and problem-solving skills
- Ability to work collaboratively with cross-functional teams
- Leadership experience with a demonstrated ability to mentor and develop team members
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.
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.