Apply Now    

CIB Controls - AML/OFAC Risk Assessment Manager - Executive Director

Req #: 180022629
Location: Bournemouth, ENG, UK
Job Category: Project Management
Job Description:
The CIB Oversight & Control group is responsible for defining and overseeing the global CIB control environment with a key emphasis on ensuring a robust end-to-end risk and control framework is in place with consistent execution across all CIB businesses. In support of the business the CIB Oversight & Control group is directly responsible for:
  • Governance & Oversight: provides administrative support for Business Control Committees
  • Regulatory Management: manages control aspects of Regulatory inquires & exams 
  • Risk Identification & Assessment: Manages Risk Control Self Assessment program, review and validation of Operational risk events.
  • Policy & Procedure: Supports the implementation of Policies.
  • Ongoing Monitoring: Oversees issues & action plans, operational loss and root cause analysis.
  • Major Control programs: Provides governance, coordination and execution of control projects
 
The CIB Governance Rationalization and Regulatory Controls group a function within CIB Oversight & Control is primarily responsible for the implementation and ongoing oversight of the CIB controls governance framework and the program management of major regulatory and firmwide control programs. 
 
The AML/OFAC Risk Assessment Manager will work across Front Office, Business Management and Compliance to continue to evolve and enhance oversight of the AML/OFAC control environment.  Overseeing the delivery of the annual CIB AML/OFAC risk assessment to senior management and ensuring the business understands the Inherent Risk from and effectiveness of controls supporting AML and sanctions processes.  Responsibilities include:
  • Managing the annual CIB AML/OFAC Risk Assessment process
  • Project Managing the annual Firmwide Country and Legal Entity AML/OFAC Risk Assessment process
  • Working with Corporate Compliance to implement enhancements to LOB and Country Risk Assessment
  • Oversight of the CIB AML/OFAC Control environment
  • Managing the CIB AML Risk Tolerance Process

Managing the AML Risk Exit Clearinghouse

Problem Solving & Analysis

  • Ability to translate regulatory and audit requirements and apply these in
  • practice to the control environment
  • Ability to quickly learn new concepts
  • Ability to keep sight of the overall context of what they are working on and
  • remain centered on answering the ‘bigger’ question
  • Attention to detail with eye for spotting errors and redundancies in their end-products

 

Communications

  • Excellent communication, influencing and negotiation skills with the ability to
  • lead, establish and communicate at all levels
  • Strong written and verbal communication skills, including ability to convey
  • complex ideas simply
  • Advanced PowerPoint skills - able to create individual slides and structure presentations with minimal input and need for secondary review

 

Working Style & Influence

  • Must have a collaborative and participative management style.
  • Professionalism, sensitivity, discretion and sound decision-making skills
  • allied with the ability to interact at senior executive level are essential
  • Ability to prioritize, multi task and drive the agenda under pressure
  • Ability to handle multiple work streams and manage personal time &
  • stakeholder expectations to deliver against each

 

Qualifications

 

  • Extensive relevant industry experience, ideally coupled with Controls,
  • Compliance or Regulatory Change experience
  • Strong knowledge of and/or experience in wholesale financial services
  • Audit or Controls background
  • Strong managerial experience with the ability to manage a global team and
  • work in a matrix organization

About J.P. Morgan Corporate & Investment Bank

J.P. Morgan’s Corporate & Investment Bank (CIB) is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
 
Apply Now    
Link for schema

Join our Talent Community

Not ready to apply? Leave your information with us and we will keep you up to date with new career opportunities.

Other Information

Apply Using LinkedIn

You can also apply using your LinkedIn® profile. It may save you some time because your information will be automatically transferred into our system. Just click on the LinkedIn logo when you get to the application screen and follow the directions.

Submit an Updated Résumé

During the application process, be sure you have an up-to-date copy of your Résumé, your cover letter and any other documentation you would like to submit.