Compliance Risk Management Lead - Vice President

Key Skills

Design, Operations, Aartificial intelligence, Data Analytics, Large Language Models - LLMs

Job Description

JP Morgan Chase is at the cutting edge of using GAI and LLMs to support its business activities. Asset and Wealth Management (AWM) is at the forefront on these initiatives. JP Morgan Asset Management is a leading global investment manager for institutions, financial intermediaries and individual investors, worldwide. JP Morgan Asset Management Compliance is seeking to fill a leadership role to assist with the oversight and support of Asset and Wealth Management’s use of GAI and LLMs. The candidate will also be responsible for assisting in developing Compliance’s use of GAI and LLM in order to enhance its oversight of the businesses use of this technology.

AM Operations provides global operational support for all aspects of JP Morgan Asset Management’s businesses, which broadly includes regulatory reporting, guidelines management, performance reporting, fee billing, position, trade and cash management and reconciliations, asset servicing and collateral management.

As the Compliance Risk Management Lead, you will manage relationships with senior level executives, legal, risk, business, control and business management partners, capably managing multiple projects and tasks with the right urgency and agility to prioritize and re-prioritize as needed. As a successful candidate for this role, you will need to be curious, proactive, self-motivated, thoughtful, agile, open to professional growth and new responsibilities in the execution of the Compliance program for these areas and will be equally committed to delivering as an individual contributor and as a member of the team working across AM lines of business and CCOR.

Job Responsibilities

You will be responsible for the following:

• Assisting in the creation and design of oversight, monitoring and testing and evaluating the potential use of GAI, LLMs etc.
• Taking a leadership role in developing and maintaining a state of the art Compliance Oversight Program as it relates to GAI/LLMs and AM Operations.
• Providing second line of defense oversight and challenge of the businesses processes and controls related to Compliance risks, currently known as Control and Operational Risk Evaluation (CORE) and engage in other risk assessments needed..
• Conducting Compliance training and drafting Compliance Bulletins and Policies to educate stakeholders on key control issues and regulatory developments.
• Conducting periodic reviews of applicable policies and advise the business on issue management and change management, including review of procedures.
• Leading global Compliance counterparts to ensure consistency of practices and oversight.
• Supporting Compliance engagement and/or act as a delegate in governance committees.
• Supporting business and Compliance responses to regulatory engagements (exams/requests).
• Reviewing and dispositioning cases for the Market Conduct Violation framework involving Operations personnel
• Developing and executing a monitoring and testing program around the Operations team’s activities.
• Providing day to day advice and guidance to AM Operations teams.
• Supporting other areas of the team’s coverage including sales and distribution, liquidity, employee compliance, client service; fiduciary/advisor obligations and the AM Compliance Program more broadly.

Required qualifications, capabilities, and skills

• 7+ years asset management, broker-dealer or investment adviser or related Compliance, Legal, Audit, controls, and sales.
• Strong desire to learn the uses and application of data analytics and generative AI and LLMs. Experience in these areas is a significant plus.
• Operational experience in the financial industry is a plus, particularly as it relates to fee billing processes.
• Experience with monitoring and testing, investment management risk oversight, and risk assessments is a plus.

ABOUT US

JPMorgan Chase & Co., 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 recognize that our people are our strength and the diverse talents and perspectives that they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs. (If you are a US or Canadian applicant with a disability and wish to request an accommodation to complete the application process, please contact us by calling the Accessibility Line (US and Canada Only) 1-866-777-4690 and indicate the specifics of the assistance needed.)

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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.

JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans