CIB – Risk – EMEA Reputation Risk Office – Executive Director

CIB EMEA Reputation Risk Office – Executive Director
 
Role Description:
 
Reputation Risk is the risk that an action, situation, transaction or investment will reduce trust in our Firm’s integrity or competence by clients, shareholders, employees or the broader public. It is amorphous, difficult to identify and manage, and more difficult to recover from than any other type of risk. The mandate for each Reputation Risk Committee (“RRC”) includes the review of imminent, existing or prospective transactions, activities and client relationships of or undertaken by the CIB as agent or principal, which, in the opinion of the relevant business head, have the potential for reputation risk.
 
The CIB Reputation Risk Office (“CIB RRO”) is the conduit through which transactions or other matters are raised to the EMEA RRC. In addition to transaction flow, the RRO also oversees CIB-wide training and communication on Reputation Risk and provides reporting to senior CIB management.
 
This is a unique opportunity within CIB Risk for the right candidate to gain exposure on a broad range of business issues and topics, generate excellent visibility within and beyond Risk and create tangible impact through strong execution in the role. The individual will report to the Chair of the EMEA Reputation Risk Committee.
 
Core Responsibilities:

Being the gatekeeper for RRC matters – getting all pertinent information from deal teams, providing credible challenge, and forming an opinion on the correct course of action to make recommendations to Senior Management

Reviewing deal team submissions and providing feedback on live requests

Providing guidance to deal teams on the RRC process, procedures and best practices

Acting as liaison between deal teams and committee members in preparation for RRC meetings

Documenting decisions and discussions, both through the formal minutes of RRC meetings and recording any relevant information relating to matters that are not reviewed at a formal committee

Leading a strategic initiative to broaden the mandate of EMEA Reputation Risk Management, in response to ever-increasing focus on this important risk stripe

Expanding the team and managing the additional team members

Keeping abreast of trends in Reputation Risk, focusing on Heightened Risk Industries and industry trends (e.g. defense companies, non-bank financial institutions, online gaming, etc.)

Helping to develop risk appetite frameworks and sector reviews for specific industries and countries

Managing logistics for RRC meetings and other preparatory meetings that may be required – identifying the appropriate audience and ensuring attendees are sufficiently briefed

Interacting with the firmwide Reputation Risk Governance team and other RROs on a broad range of issues and initiatives

Ad hoc exercises e.g. coordinating responses to regulatory requests, participation in Technology initiatives etc.Qualifications and Experience

The successful candidate will be expected to identify the key reputational considerations in a deal, thus a deep understanding of Banking and Markets transactions is a pre-requisite

A background in Risk Management or Compliance is a positive, but not a requirement

Strong interpersonal and communication skills. The successful candidate will require the confidence to probe deal teams to develop a deep understanding of a client/transaction/situation, provide credible challenge to business colleagues and articulate a view to the Chair(s) of the Reputation Risk Committee, among others

Ability to establish credibility and trust with colleagues at all levels of seniority across the bank

High level of intellectual curiosity

The candidate should be an innovative thinker who can drive the evolving strategic agenda for Reputation Risk 
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.