CIB – Global Market Infrastructure Oversight – Regulatory and Controls Oversight Manager

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CIB – Global Market Infrastructure Oversight – Regulatory and Controls Oversight Manager
  • JPMorgan Chase & Co. - London
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J.P. Morgan’s Investment Bank delivers a global platform of integrated financial products spanning M&A advisory, capital markets, prime brokerage, restructuring, risk and research. As a client advocate, we offer corporations, institutional investors, hedge funds, and governments the market insights and tailored solutions they need to succeed.
 
J.P. Morgan is part of JPMorgan Chase & Co. (NYSE: JPM), a global financial services firm with assets of $2.3 trillion.  The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity.
 
The firm was founded more than 200 years ago and has a proud history of, in the words of one of our founders, doing “only first-class business… in a first-class way.” 
If you are interested in working in an environment where leadership, excellence, integrity and diversity are among our core principles, and then explore the opportunities at JPMorgan Chase.
 
Role Description
 
Global Market Infrastructures (“GMI”) Team is responsible for the selection and management of the network of agent banks used by the firm.  In this role, the group covers the purchasing and maintenance of securities services (custody and clearing) and cash services (payments and other foreign currency services) for LOBs firm-wide.  The group also maintains third party oversight of financial market infrastructures relationships in which J.P. Morgan is a direct participant, such as central counterparties, central securities depositories and payment systems.  Currently, that network spans nearly 200 financial market infrastructures and over 400 agent banks, including sub-custodians, nostro account relationships, and cash agent/partner banks in over 100 markets.  The team works closely with these entities and regulatory authorities in each country to identify market practices, tax rules & strategies, and rules associated with foreign investment. 
 
GMI has regional presence in Bournemouth, Copenhagen, Hong Kong, London, New York, Paris, Singapore and Tokyo.  J.P. Morgan’s regional approach allows the firm to provide 24 x 7 coverage of our network and to respond to client queries quickly with the most current in-depth market knowledge.
 
GMI is part of the Corporate & Investment Bank Chief Administrative Office. As a firm-wide function, GMI is comprised of over 130 team members, supporting multiple LOBs including Corporate & Investment Bank (i.e. TS, IS, Markets), Commercial Bank, and Asset Management. GMI provides a global focus for the firm in order to leverage buying power worldwide, developing in- and out-sourcing initiatives, and management of the associated risks.
 
Risk and Controls Manager

Maintain third party oversight (TPO) regulations

Ensure oversight policies and procedures adhere to TPO regulations

Implement enhanced preventative and detective controls management

Generate scorecards and participate in Scorecard committee meetings to present

Manage the oversight Risk Control Self Assessment process for TPO

Coordinate audit and regulatory responses

Create and present training materials to GMI and functional partners Required Skills and Qualifications:

Bachelor’s degree or equivalent work experience required

Strong project and change management skills, with the ability to escalate appropriately

Experience of risk and controls, preferably audit and/or compliance experience

Good understanding of regulations, in particular CASS, MiFID 

Strong matrix management skills – ability to work through others outside of your direct span of control to get the work accomplished.

A self-motivator who is able to question and think critically

Experience in the financial services industry and knowledge of the transaction banking services (cash and/or securities)

Excellent working knowledge of MS office suite, specifically Excel, PowerPoint and Visio

Ability to work independently and as part of a team

Ability to work in a fast paced deadline driven environment with a strong ability to multi task and prioritize

Excellent oral communication skills – comfort interacting with and presenting to senior leaders

Excellent written communication skills
About J.P. Morgan’s Corporate & Investment Bank
 
J.P. Morgan’s Corporate & Investment Bank 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.  Further information about J.P. Morgan is available at www.jpmorgan.com.
 
JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer.


BECOME AN OWNER-DRIVER, operate your own vehicle or fleet, increase your income and have a better lifestyle. Use our free guide and assistance to obtain your Operator's Licence (O-Licence) TransportForum.com/guide-olicence and set up in this business.
TRANSPORT MANAGER available for your Operator's Licence. HGV and PSV. Anywhere in the UK. FREE assistance with your O-licence (if you hire a TM). See our rates. Call 07833 684449 or contact us here.
Job type: Full-time

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