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CCB Risk - Risk Policy Management - Vice President

Req #: 170112633_1
Location: Jersey City, NJ, US
Job Category: Accounting/Finance/Audit/Risk
Job Description:
JP Morgan Chase
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at
Our Firmwide Risk Function
Our Firmwide Risk function is focused on cultivating a stronger, unified culture that embraces a sense of personal accountability for developing the highest corporate standards in governance and controls across the firm. Business priorities are built around the need to strengthen and guard the firm from the many risks we face, financial rigor, risk discipline, fostering a transparent culture and doing the right thing in every situation. We are equally focused on nurturing talent, respecting the diverse experiences that our team of Risk professionals bring and embracing an inclusive environment.
CCB Risk
Chase Consumer & Community Banking (CCB) serves consumers and small businesses with a broad range of financial services, including personal banking, small business banking and lending, mortgages, credit cards, payments, auto finance and investment advice. Consumer & Community Banking Risk Management partners with each CCB sub-line of business to identify, assess, prioritize and remediate risk. Types of risk that occur in consumer businesses include fraud, reputation, operational, credit, market and regulatory, among others
The Consumer and Community Banking(CCB) Risk Management Policy and Governance Group is an integral part of the CCB Risk Management team, operating across all areas of the CCB and working in close partnership with the Firmwide Risk Management Policy Group. On an increasing basis risk management policies are forming part of the firm’s response to new regulations and guidance impacting specific businesses, initiatives or regulatory registrations. As such, policy management is an area of increasing importance in the firm and in the industry. The group’s main focus is CCB Risk Management policy governance and practices.
A dedicated program has been established to govern and oversee Legal Obligations (OLO) within Risk Management globally. The policy lead will engage in policy mapping coordination of the Program within Consumer and Community Banking Risk. Provide day-to-day administration of the operating model, working in close partnership with the Firmwide Risk Management OLO Team and the CCB OLO Team, in addition to other key stakeholder groups including Compliance, Legal, Oversight & Control, Technology and Business Management.
Core responsibilities include:
  • Work within the framework of LOB aligned Risk Management group OLO operating model that aligns to the Firmwide Risk Management Operating Model and is scalable across other lines of business.
  • Assist with the implementation of the operating model, aligned to business as usual practices, where possible
  • Identify challenges, issues and queries, facilitating resolution and closure and any requisite remediation
  • Engage with Risk Policy Contacts, Risk Subject Matter Experts and Business Managers for legal obligation policy mapping, ensuring appropriate oversight and governance, aligned to the Firmwide Risk operating model
  • Act as the liaison to the Firmwide Risk Management Program and the CCB LOB Program
  • Partner with LOB stakeholders and other Functional Teams on legal obligations and associated mapping
  • Support the future development of a Regulatory Change framework and process within Risk Management including the interface to the existing and evolving CCB framework
  • Bachelor degree required
  • Strong project management experience
  • Familiarity with the Risk Management organization is a plus
  • Strong verbal and written communication skills, with strong interpersonal and influencing skills
  • Excellent organizational and problem-solving skills
  • Able to critically challenge when warranted with the goal of resolving issues
  • Risk Policy Management experience required
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