JPMorgan Wealth Management - Head of JPMorgan Advisors Risk
Job Responsibilities
- Implement and lead a risk management framework that includes policies, procedures, and tools for identifying, assessing, monitoring, and mitigating risks
- Independently review and, as appropriate, challenge the 1st LOD risk management activities and where appropriate, escalate new emerging risks or issues
- Evaluate and challenge compliance-based independent monitoring and testing of 1st LOD risk management activities and escalate where appropriate
- Challenge assessments as it relates to Risk Appetite
- Assist with development of capital and stress models, where applicable
- Establish risk limits or risk tolerances, where applicable
- Identify, analyze, measure, and report on risks, including aggregate risks and issues
- Issue policies, standards, and training to support compliance with regulatory and corporate requirements
- Monitor and evaluate law, rule, and regulations and implement necessary changes
- Serve as risk point of contact for regulatory relations including Exam Management
- Comply with risks own applicable laws, rules, regulations and implement policies and standards established by IRM with respect to its own processes
Required Qualifications, Capabilities And Skills
- Bachelor's degree in finance, business administration, risk management, or a related field
- Minimum of 15 years of experience in risk management, finance, or a related field, with at least 10 years in a leadership role
- Experience interacting with complex business models with multiple delivery channels
- Strong understanding of risk management principles, practices, and regulatory requirements
- Excellent analytical, problem-solving, and decision-making skills
- Strong leadership and team management abilities
- Excellent communication and interpersonal skills, with the ability to influence and collaborate with stakeholders at all levels
- Experience in developing and implementing risk management frameworks and strategies
About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management. We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
About The Team
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals. 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.