What are the responsibilities and job description for the Control Manager Treasury Services Payments - Vice President position at JPMorgan Chase?
Organization Description:
The Commercial & Investment Bank is a global leader across investment banking, comprising of JPMorgan Payments, Markets and Securities Services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
JPMorgan Payments, a business unit within Commercial & Investment Banking, is the world’s largest payment network. The business combines Liquidity/cash management, payment solutions, Escrow and merchant services to corporate clients, financial institutions, and governments.
As a Control Manager Treasury Services Payments - Vice President within the Commercial & Investment Bank, you will have the opportunity to move your career to the next level. You will work with a team that leverages Product, Operations, and Technology engagements to create a complete E2E control program. You will document risks and controls, oversee all processes from product management through transaction settlement, and implement a best in class control environment across an entire product line. This role will allow you to promote multiple key initiatives, design and implement risk and control frameworks, and manage control-related activities. You will also have the chance to promote remediation, oversee Audit/Compliance/Regulatory reviews, perform root cause assessments, and provide guidance with respect to corporate policies, risk, and control management.
Job Responsibilities:
- Promote multiple key initiatives while taking appropriate action to ensure timely and effective program oversight and execution
- Design and implement risk and control frameworks, governance, and metrics
- Manage control-related activities, including risk/control identification and assessments, operational risk events and issue management
- Promote remediation, efficacy, and sustainability of control changes due to ineffectiveness or regulatory/policy changes
- Oversee Audit/Compliance/Regulatory reviews
- Perform root cause assessments and recommend effective corrective and preventative actions
- Provide guidance with respect to corporate policies, risk and control management
- Partner effectively with colleagues across the firm, including Product, Operations, Legal, Compliance, Risk, Audit, and Technology control functions to promote consistent and rigorous operational risk practices.
Required Qualifications, Skills and Capabilities:
- Bachelor’s degree or equivalent experience required
- Demonstrate knowledge of risks, controls and of relevant regulations and standard industry processes
- Problem solving skills – demonstrates solid critical thinking and attention to detail; able to synthesize large amounts of data and formulate appropriate conclusions
- Ability to effectively prioritize against a complex set of business demands and deliver against multiple priorities
- Able to navigate a complex environment and drive alignment around a common vision and strategy
- Strong ability to build relationships with colleagues, business leaders and functional partners
- Successful communicator with the ability to provide clear and succinct verbal and written updates
- Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio) with the ability to develop compelling and meaningful executive presentations that will drive opportunities / recommendation for improvement
Preferred Qualifications, Skills and Capabilities:
- 7 years of financial service experience in controls, audit, quality assurance, risk management, or compliance preferred
- Experience in a Control Manager function or strong knowledge of Risk and Control principles, technology experience a plus
- Strong financial markets product knowledge, specific understanding of the Payment transaction life cycle and cross-border transactions
- Experience in Product development and/or Operational functions
- Experience in developing and implementing significant improvement initiatives
- Familiar with the principles of Product and Change Management
