Location Control Management (LCM) is responsible for the implementation and execution of governance and controls over operational risk. The LCM group works in close partnership with the Business Control Managers (BCMs) and Operation Control Managers (OCMs) and other control professionals that support activities locally, regionally, and globally and is functionally aligned to CIB Finance and Business Management and EMEA Regional Control Management.
In support of both local and corporate requirements, and in accordance with business strategy plans, the successful candidate will be responsible for the oversight and governance of JPMSE Luxembourg Branch. The role involves working closely with location senior management and regional advisors to design, maintain and refine a compliant end-to-end governance and control framework, enabling the legal entity to govern its multiple business lines, covering Securities Services, Payments, Private Banking and Commercial Banking.
Job Responsibilities:
- Design, maintain and refine the governance and control model consistent with the business, legal entity, and regional frameworks required for regulatory and corporate standards
- Monitor controls associated with compliance with regulatory requirements for operational risk and evaluate data and trends to identify improvement opportunities and associated issues and risks
- Provide a bridge across lines of business, corporate functions, risk, compliance and audit to form an end-to-end view on governance controls, identifying and assessing potential control gaps and/or emerging risks
- Ensure risk control and regulatory matters are escalated, logged, remediated, and closed in accordance with local and corporate guidance
- Partner with other control professionals (primarily BCMs and OCMs) to ensure compliant governance frameworks are in place
- Ensure the lines of business and corporate functions provide accurate and timely reporting for local senior management governance meetings (Luxembourg Branch Management Meeting, Locational Operational Risk and Control Committee and Regulatory Change Forum)
- Ensure the lines of business and corporate functions perform horizon scanning of regulatory change impacting the Luxembourg location. Partner with Lines of Business and Compliance to review and compare ahead of overseeing Lines of Business readiness for implementing regulatory change
Required Qualifications, capabilities and skills:
- Experience in controls, governance, operational risk, internal audit, and/or other control related functions within the banking sector
- Strong interpersonal skills with the ability to engage, influence and negotiate across all levels of seniority and functions with confidence, and to develop effective partnerships with key business partners
- Experience working in a disciplined execution focused environment; proven track record of delivery
- Excellent written and oral communication skills with the ability to present information in differing degrees of detail and form depending on the audience
- Ability to question and probe across Operations, Technology, Product and other functions
- Strong analytical, problem solving, and process re-engineering skills and experience using data mining tools
- Be comfortable using Excel, Word, PowerPoint, SharePoint, Visio and Alteryx
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
We recognize that our people are our strength and the diverse talents 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.
